In the sixties Mandelbrot already showed that extreme price swings are more likely than some of us think or incorporate in our models.A modern toolbox for analyzing such rare events can be found in the field of extreme value theory.At the core of extreme value theory lies the modelling of maxima...

The last decade methods for quantifying the research output of individual researchers have become quite popular in academic policy making. The h- index (Hirsch, 2005) constitutes an interesting quality measure that has attracted a lot of attention recently. It is now a standard measure available...