Researchers have detected that the random changes in the direction of Argentine ants (Linepithema humile) follow mathematical patterns, which are a mixture of Gaussian and Pareto distributions. Courtesy of Lek Khauv
When does inequality freeze an economy?
Inequality and the Putin Economy: Inside the Numbers
This book examines a Tail Conditional Expectation risk measure in the case of multivariate Pareto distribution. It can be applied to calculate capital allocation for insurance companies, banks and other financial institutes.