Quantifying the unexpected: A scientific approach to Black Swans
Many natural and socioeconomic systems are characterized by power-law distributions that make the occurrence of extreme events not negligible. Such events are sometimes referred to as Black Swans, but a quantitative definition of a Black Swan is still lacking. Here, by leveraging on the properties o...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
American Physical Society
2022-07-01
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| Series: | Physical Review Research |
| Online Access: | http://doi.org/10.1103/PhysRevResearch.4.033079 |