borrows its nickname from the large, flat-tailed rodent that uses trees to build dams.

VOA: special.2009.08.09

You can see that the dash distribution I drew has more out in the tails, so we call it fat-tailed.

你们可以看到,虚线画的这个分布,尾部要长很多,所以我们叫它长尾分布

耶鲁公开课 - 金融市场课程节选

It's a very important observation in finance that returns on a lot of speculative assets have fat-tailed distributions.

在金融界中,这是一种重要的观测方法,许多投机性资产的收益,都是服从长尾分布的

耶鲁公开课 - 金融市场课程节选

This refers to random variables that have fat-tailed distributions-- random variables that occasionally give you really big outcomes.

这就表示,服从长尾分布的随机变量,这些数据出现极端值的概率比较大

耶鲁公开课 - 金融市场课程节选

You have a chance of being way out here with a fat-tailed distribution.

很有可能在,长尾分布的这里

耶鲁公开课 - 金融市场课程节选

It could be that a random distribution-- I don't have colored chalk here I don't think, so I will use a dash line to represent the fat-tailed distribution.

这是一个随机分布,这里没有彩色粉笔,我就用虚线,来表示长尾分布

耶鲁公开课 - 金融市场课程节选

A particular interest in finance is fat-tailed alternatives.

金融学就很关注长尾分布

耶鲁公开课 - 金融市场课程节选