Extreme Value Theory in Application to Delivery Delays

Extreme Value Theory in Application to Delivery Delays

This paper uses the Extreme Value Theory (EVT) to model the rare events that appear as delivery delays in road transport. Transport delivery delays occur stochastically. Therefore, modeling such events should be done using appropriate tools due to the economic consequences of these extreme events. A...

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Bibliographic Details
Main Authors: Marcin Fałdziński, Magdalena Osińska, Wojciech Zalewski
Format: Article
Language:English
Published: MDPI AG 2021-06-01
Series:Entropy
Subjects:
rare events
information
intelligent transport system (ITS)
Extreme Value Theory (EVT)
return level
Online Access:https://www.mdpi.com/1099-4300/23/7/788

Internet

https://www.mdpi.com/1099-4300/23/7/788

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