The Taleb distribution is a family of probability distributions introduced by Nassim Nicholas Taleb, particularly in the context of modeling events that have low probability but high impact, often referred to as "black swan" events. It is not a standard distribution like the normal distribution but is instead tailored to account for phenomena in finance and other domains where extreme events occur frequently. The Taleb distribution, particularly in its applications, addresses the characteristics of skewness and kurtosis associated with such events.
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