Das vorliegende Lexikon ist als Nachschlagewerk für alle bestimmt, die in ihrer praktischen Arbeit und bei Studien mit Statistik konfrontiert werden. Es gab bis­ her kein allgemeinverständliches Statistik-Lexikon in deutscher Sprache, das ne­ ben der Stochastik auch die beschreibende...

Purpose: Interdependency among industries is vital for understanding economic structures and managing industrial portfolios. However, it is hard to precisely model the interconnecting structure among industries. One of the reasons is that the interdependencies show a different pattern in tail...

Several empirical studies reported that pricing kernels exhibit a common pattern across different markets. The main interest in pricing kernels lies in validating the presence of the peaks and their variability in location among curves. Motivated by this observation we investigate the problem of...

Decision making usually involves uncertainty and risk. Understanding which parts of the human brain are activated during decisions under risk and which neural processes underly (risky) investment decisions are important goals in neuroeconomics. Here, we analyze functional magnetic resonance...

Expectile regression, as a general M smoother, is used to capture the tail behaviour of a distribution. Let (X <Subscript>1</Subscript>,Y <Subscript>1</Subscript>),…,(X <Subscript> n </Subscript>,Y <Subscript> n </Subscript>) be i.i.d. rvs. Denote by v(x) the unknown τ-expectile regression curve of Y conditional on X, and by v <Subscript> n </Subscript>(x) its kernel smoothing estimator. In this paper, we...</subscript></subscript></subscript></subscript></subscript>