This book examines the fundamental mathematical and stochastic process techniques needed to study the behavior of extreme values of phenomena based on independe

Classical Extreme Value Theory-the asymptotic distributional theory for maxima of independent, identically distributed random variables-may be regarded as rough

Focuses on theoretical results along with applications All the main topics covering the heart of the subject are introduced to the reader in a systematic fashio

A comprehensive account of the theory and applications of regular variation.

Directly oriented towards real practical application, this book develops both the basic theoretical framework of extreme value models and the statistical infere