We define tail interdependence as a situation where extreme outcomes for some variables are informative about such outcomes for other variables. We extend the concept of multiinformation to quantify tail interdependence, decompose it into systemic and residual interdependence and measure the...

Uncertainty is inherent to forecasting and assessing the uncertainty surrounding a point forecast is as important as the forecast itself. Following Cornec (2010), a method to assess the uncertainty around the indicator models used at OECD to forecast GDP growth of the six largest member...

"In year 1999 the EURO working group on Multiple Criteria Decision Aiding celebrated 25 years of activity, that is 50 regular meetings. This book contains a selection of papers presented at the 49th meeting (which took place in Milano and Como, Italy, 18-19/3/1999) and 50th meeting (which took...