Higgins, David M. - In: Journal of Financial Management of Property and Construction 18 (2013) 1, pp. 76-89
Purpose – The term “Black Swan” has gained recent popularity to describe an extraordinary event that causes extensive … damage. The combination of low predictability and major impact makes an upswing in the magnitude of Black Swan events an … traditionally depend on input data constructed on a normal (bell curve) conditions. As outliers, Black Swan events appear not to …