Statistical Tools for Finance and Insurance  
 

1 Stable Distributions
1.1 Introduction
1.2 Definitions and Basic Characteristic
1.3 Simulation of $\alpha$-stable Variables
1.4 Estimation of Parameters
1.4.1 Tail Exponent Estimation
1.4.2 Quantile Estimation
1.4.3 Characteristic Function Approaches
1.4.4 Maximum Likelihood Method
1.5 Financial Applications of Stable Laws
Bibliography

 
  electronic books