Titlebook: Univariate Stable Distributions; Models for Heavy Tai John P. Nolan Textbook 2020 The Editor(s) (if applicable) and The Author(s), under ex

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Stable Regression,stributed errors, the OLS solution is the same as the maximum likelihood solution. Although small departures from normality do not affect the model greatly, errors from a heavy tailed distribution will generally result in extreme observations that can greatly affect the estimated OLS regression coef

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Textbook 2020work with stable laws. Because of the author’s accessible and comprehensive approach, readers will be able to understand and use these methods. Both mathematicians and non-mathematicians will find this a valuable resource for more accurately modelling and predicting large values in a number of real-

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John P. Nolanan den Universit?ten Bonn und Bielefeld gehalten habe. Die Produktions- und Kostentheorie wird vorwiegend aus betriebswirtschaftlicher Sicht darge- stellt, es wird jedoch versucht, ihre Beziehungen zur volkswirtschaftlichen Pro- duktionstheorie aufzuzeigen und die formalen Gemeinsamkeiten beider An-

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