Proceedings of the 8th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2018)
Session: Risk analysis and management of business activities at the Belt and Road
1 articles
Proceedings Article
Study on Extreme Risk Evaluation of Pork Price Fluctuation in Beijing City
Lei Xu, Bingbing Wang
In this paper, the tail distribution of pork market price fluctuation is fitted effectively based on the peaks over threshold (POT) model, and the Generalized Pareto Distribution (GPD) of extreme risk is obtained, and VaR (value at risk) method is introduced to measure the extreme risk of price fluctuation.Results...