This paper examines 'fat tails puzzle' in the financial markets. Ignoring the rate of convergence in Central Limit Theorem (CLT) provides the 'fat tail' uncertainty. In this paper, we provide a review of the empirical results obtained 'fat tails puzzle' using innovative method of Yuri Gabovich...

This paper examines “fat tails puzzle” in the financial markets. Ignoring the rate of convergence in Central Limit Theorem (CLT) provides the “fat tail” uncertainty. In this paper, we provide a review of the empirical results obtained “fat tails puzzle” using innovative method of...

Purpose: The purpose of this paper is to identify risk factors that caused by customer collaboration in new product development systematically, and propose an approach to judge which risk factors are critical and catch substantial attention. Design/methodology/approach: This study identifies...