2 papers
q-fin.ST2026
Extreme Value Analysis for Finite, Multivariate and Correlated Systems with Finance as an Example
Benjamin Köhler, Anton J. Heckens, Thomas Guhr
Extreme values and the tail behavior of probability distributions are essential for quantifying and mitigating risk in complex systems of all kinds. In multivariate settings, accou…
q-fin.TR2025
A New Traders' Game? -- Empirical Analysis of Response Functions in a Historical Perspective
Cedric Schuhmann, Benjamin Köhler, Anton J. Heckens +1
Traders on financial markets generate non-Markovian effects in various ways, particularly through their competition with one another which can be interpreted as a game between diff…