Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Applications by Nassim Nicholas Taleb

Statistical Consequences of Fat Tails: Real World Preasymptotics, Epistemology, and Applications

Technical Incerto

Nassim Nicholas Taleb

446 pages • first pub 2020 (editions)

nonfiction mathematics challenging informative reflective medium-paced
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Description

The book investigates the misapplication of conventional statistical techniques to fat tailed distributions and looks for remedies, when possible. Switching from thin tailed to fat tailed distributions requires more than "changing the color of the...

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