Heuristics of heavy-tailed distributions and the Obesity index

In this thesis a new metric for the heavy-tailedness of dataset is proposed.

Wind Speed Modeling

A probabilistic model for oil spill volume in tanker collisions and groundings

A probabilistic model for calculating oil spill volume in sea tanker accidents is presented. Accidents are specified as either collisions or groundings. Based on existing accident data, damage size is estimated given an accident. Using damage size a probability of rupture is calculated. Finally, outflow volume is determined.

Risk management for a dredging contractor

BHD is an international contractor with core activities in the construction and maintenance of ports and waterways, the creation of new land in coastal waters, the protection of sea- and rivershores and support to the offshore oil industry. BHD decided to start applying risk analyses in the year 1995. However, it would be more correct to use the...