Recovery Time of a Complex System in Risk and Crisis Management Operations

The contribution of this paper is the extension of theoretical and practical applicability in complex systems of a fundamental concept of extreme value theory. More precisely, the paper formulates a stochastic model and establishes the sufficient conditions for evaluating its distribution function. The paper also provides applications of such a stochastic model in investigating the recovery time of a complex system, which has gone through the occurence of a major risk

MoreLess

Year of publication:	[2008]
Authors:	Artikis, Panagiotis T.
Other Persons:	Artikis, Constantinos T. (contributor)
Publisher:	[2008]: [S.l.] : SSRN
Subject:	Krisenmanagement \| Crisis management \| Risikomanagement \| Risk management \| Systemrisiko \| Systemic risk \| Finanzkrise \| Financial crisis \| Komplexe Systeme \| Complex systems
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: International Journal of Decision Sciences, Risk and Management, Forthcoming Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 11, 2008 erstellt Volltext nicht verfügbar
Classification:	C02 - Mathematical Methods ; C49 - Econometric and Statistical Methods: Special Topics. Other ; C60 - Mathematical Methods and Programming. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012768247