This project has received funding from the European Union’s Seventh Framework Programme for research, technological development and demonstration under grant agreement no 318984 -RARE
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, France)
- 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 exchanges between researchers from the 12 participating institutions from Australia, China, France, India, Japan, Poland, Russia, Switzerland, UK and the USA.