The increasing complexity of engineering systems has spurred the development of highly efficient optimization techniques. Stochastic engines or random number generators are commonly used to initialize metaheuristic approaches. This article proposes the incorporation of extreme value distribution...

There is a vast literature on the selection of an appropriate index of income inequality and on what desirable properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent literature on the use of hypothetical statistical...

There is a vast literature on the selection of an appropriate index of income inequality and on what desirable properties such a measure (or index) should contain. The Gini index is, of course, the most popular. There is a concurrent literature on the use of hypothetical statistical...

Following Bali and Weinbaum (2005) and Maillet et al. (2010), we present several estimates of volatilities computed with high- and low frequency data and complement their results using additional measures of risk and several alternative methods for Tail-index estimation. The aim here is to...

The final master thesis applies reseach on the common issues analysis regarding operational risk management at the commercial bank, highlights risk measurement tools and identifies the key goals of OR management activity. The analysis is applied to the bibliograpical entries defining operational...