European Project « RARE » - Risk Analysis, Ruin and Extremes

CREAR-ESSEC Business School, together with a consortium of 11 other international higher education institutions, has been awarded a four year EU Framework 7 Marie Curie International Research Staff Exchange Scheme (IRSES).

The project "Risk Analysis, Ruin and Extremes (RARE)" is coordinated by Dr Corina Constantinescu (IFAM Liverpool, UK).

It investigates two major themes: 

  • Risk Modelling, coordinated by Prof. Marie Kratz (ESSEC Business School, Paris) 
  • New Developments on Extremes  Rare Events, coordinated by Prof. Enkelejd Hashorva (HEC Lausanne, Switzerland) 

The project aim is to address rare events and extremes by analysing environmental and financial risks using probabilistic tools. It intends to create an initial worldwide network by supporting regular exchange between researchers from the 12 participating institutions from the Australia, China, France, India, Japan, Poland, Russia, Switzerland, UK and the USA.

Find out more: RARE project