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| 'Fat tails' describes the greater likelihood of extreme market conditions, than predicted by conventional models of probability. | | ''Tax''. |
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| This pattern is also known as 'leptokurtosis'.
| | The same as [[residence]]. |
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| | | [[Category:Accounting,_tax_and_regulation]] |
| This means that the likelihood and size of extreme negative events is systematically underestimated by conventional statisitcal models.
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| == See also ==
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| * [[Black swan]]
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| * [[Frequency distribution]]
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| * [[Leptokurtic frequency distribution]]
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| * [[Leptokurtosis]]
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| * [[Normal frequency distribution]]
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| * [[Standard deviation]]
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| * [[Tail event]]
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| * [[Tail risk]]
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Latest revision as of 08:32, 2 July 2022
