The discrete probability distributions are used to model the discrete events including earthquakes, car accidents, number of landslide or other events like number of people dying of diseases like ...

In this study, the maximum likelihood estimators (MLEs) and Bayes estimators for the shape and scale parameters of Inverse Exponential Power (IEP) distribution are derived. As closed-form solutions ...

It may be misleading to estimate value-at-risk (VAR) or other risk measures assuming normally distributed innovations in a model for a heteroscedastic financial return series. Using the t-distribution ...

With the current interest in copula methods, and fat-tailed or other non-normal distributions, it is appropriate to investigate technologies for managing marginal distributions of interest. We explore ...