To appear in April, 2024 with Cambridge University Press: "Risk revealed: Cautionary tales, understanding and communication".

Explore the concept of risk through numerous examples and their statisticalmodeling, traveling from a historical perspective all the way to an up-to-datetechnical analysis. Written with a wide readership in mind, this book beginswith accounts of a selection of major historical disasters, such as the NorthSea flood of 1953 and the L'Aquila earthquake. These tales serve to set thescene and to motivate the second part of the book, which describes themathematical tools required to analyze these events, and how to use them. Thefocus is on the basic understanding of the mathematical modeling of risk andwhat types of questions the methods allow one to answer. The text offers abridge between the world of science and that of everyday experience. It iswritten to be accessible to readers with only a basic background in mathematicsand statistics. Even the more technical discussions are interspersed withhistorical comments and plentiful examples.

img risk revealed

We are pleased to announce the launch of The Quantitative Risk Management Exercise Book, which has just been published in electronic form by Princeton University Press. Follow the link in the image below.

The book contains a comprehensive set of exercises on Chapters 1-11 of the QRM textbook. The exercises are a mix of review questions, basic problems, advanced problems and R coding challenges. For further information and a link to solutions, please see the appropriate section of the website.


MFE2cover

On 2018-09-14, Risk Day 2018 took place at ETH Zurich, HG E 7. For more details, see https://www.math.ethz.ch/imsf/events/risk-day.html

2018 09 14 riskday

Paul Embrechts gave his farewell lecture on May 30, 2018 (17:15, Audimax F30, ETH Zurich).

paul farewell

The QRM Tutorial team held a Summer School from August 21 to August 24 in Montreal as part of the thematic semester "Risk in Complex Systems". It took place in CIRANO, 14th floor, 1130, rue Sherbrooke ouest, Montréal (métro Peel), Canada.

Links:

- Thematic semester: http://www.crm.math.ca/Risk2017/

CIRANO: https://www.cirano.qc.ca/en

Registration: 

- In English: https://www.crm.umontreal.ca/act/form/inscr_ecolegestion17_e.shtml

- In French: https://www.crm.umontreal.ca/act/form/inscr_ecolegestion17_f.shtml

Here is a schedule for the week: 

timetable