Expected shortfall (ES) is a popular risk measure and plays an important role in risk and portfolio management. Recently, change-point detection of risk measures has been attracting much attention in finance. Based on the self-normalized CUSUM statistic in Fan, Glynn and Pelger (2018) and the...

The efficient evacuation of people from dangerous areas is a key objective of emergency management. However, many emergencies give little to no advanced warning, leading to spontaneous evacuation with no time for planning or management. For large emergencies, destinations become less certain,...