Lévy-induced stochastic differential equation models in rainfall–runoff systems for assessing extreme hydrological event risks

Stochastic Environmental Research and Risk Assessment, 39, 1537–1554 (2025)

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Summary. Introduces Lévy-driven stochastic differential equation models for rainfall–runoff systems, using heavy-tailed noise to better represent the jumps that characterise extreme hydrological events and the risks associated with them.