http://extreme-events-in-fi... | ESSEC conference on Extreme Events in Finance Venue: Royaumont Abbey on December 15-17, 2014 Program chair: Prof. François Longin - Department of Finance
Vincenzo Esposito Vinzi, Professor of Statistics and Data Analysis and Dean of Faculty at ESSEC Business School, explains that academic research has very often considered extreme events simply as outliers or anomalous observations but that assumptions such as normality, linearity and stationarity are routinely violated. Extreme value theory and analysis cannot then be ignored anymore. Prof. Vinzi emphasizes that ESSEC conference on Extreme Events in Finance naturally leads to building bridges between academics and practitioners, between different disciplines as well as between different actors in different parts of the worlds. Thanks to all people involved in the conference and especially ESSEC partners. Welcome to all attendees!
For over a century, ESSEC has been developing a state-of-the-art educational program that gives the individual pride of place in its learning model, promoting the values of freedom, openness, innovation and responsibility. Preparing future managers to reconcile personal interests with collective responsibility, giving consideration to the common good in their decision-making, and weighing economic challenges against the social costs are some of the objectives ESSEC has set for itself. Its ultimate goal? To create a global world that has meaning for us all.