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- W2044193828 abstract "Extreme, synchronized rises and falls in financial markets occur infrequently, but they do occur. The problem with the models is that they did not assign a high enough chance of occurrence to the scenario in which many things go wrong at the same time the ’perfect storm’ scenario. (Business Week, September 1998) With globalization increasing, you‘ll see more crises. Our whole focus is on the extremes now what‘s the worst that can happen to you in any situation because we never want to go through that again. (John Meriwether, Wall Street Journal, 21 August 2000)" @default.
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- W2044193828 date "2014-11-09" @default.
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- W2044193828 title "Editorial: special issue on extremes in finance" @default.
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- W2044193828 doi "https://doi.org/10.1007/s10687-014-0209-6" @default.
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