Heavy tails are characteristic of phenomena where there is a significant probability of a single huge value impacting system behavior record breaking insurance losses financial returns sizes of files stored on a server transmission rates of files are all examples of heavy tailed phenomena key features unique text devoted to heavy tails the treatment of heavy tails is largely dimensionless the text gives attention to both probability modeling and statistical methods for fitting models. Heavy tails are characteristic of phenomena where there is a significant probability of a single huge value impacting system behavior record breaking insurance losses financial returns sizes of files stored on a server transmission rates of files are all examples of heavy tailed phenomena key features unique text devoted to heavy tails the treatment of heavy tails is largely dimensionless the text gives attention to both probability modeling and statistical methods for fitting models. Heavy tail phenomena probabilistic and statistical modeling springer series in operations research and financial engineering hardcover by si resnick january 2010 journal of the operational . Heavy tails are characteristic of many phenomena where the probability of a single huge value impacts heavily record breaking insurance losses financial log returns files sizes stored on a. Heavy tail phenomena probabilistic and statistical modeling springer series in operations research and financial engineering amazonin resnick sidney i books