World's Best Scientists 2026 revealed!
Paul Embrechts

Paul Embrechts

Award Badge
Economics and Finance
Switzerland
2026

D-Index & Metrics

Economics and Finance

D-Index
61
Citations
44372
World Ranking
753
National Ranking
10

Research.com Recognitions

  • 2026 - Research.com Economics and Finance in Switzerland Leader Award
  • 2023 - Research.com Economics and Finance in Switzerland Leader Award
  • 2014 - Fellow of the American Statistical Association (ASA)

Overview

Paul Embrechts is affiliated with ETH Zurich in Switzerland and has contributed extensively to the fields of Economics, Econometrics and Finance, as well as Decision Sciences. The primary subfields of their work include Finance, Management Science and Operations Research, Demography, Economics and Econometrics, and Statistics and Probability.

The main topics Paul Embrechts has explored in research publications cover:

  • Financial Risk and Volatility Modeling
  • Risk and Portfolio Optimization
  • Probability and Risk Models
  • Insurance, Mortality, Demography, Risk Management
  • Insurance and Financial Risk Management
  • Fuzzy Systems and Optimization
  • Credit Risk and Financial Regulations

Paul Embrechts has published multiple papers in notable venues including arXiv (Cornell University), Annual Review of Statistics and Its Application, Mathematical Finance, Operations Research, and SSRN Electronic Journal. Some recent publications are:

  • Recent Challenges in Actuarial Science, 2021, Annual Review of Statistics and Its Application
  • Bayes risk, elicitability, and the Expected Shortfall, 2021, Mathematical Finance
  • Bayes Risk, Elicitability, and the Expected Shortfall, 2020, SSRN Electronic Journal
  • Technical Note-An Unexpected Stochastic Dominance: Pareto Distributions, Dependence, and Diversification, 2024, Operations Research
  • An unexpected stochastic dominance: Pareto distributions, dependence, and diversification, 2022, arXiv (Cornell University)

Frequent co-authors collaborating with Paul Embrechts include:

  • Marius Hofert
  • Valérie Chavez-Demoulin
  • Ruodu Wang
  • Yuyu Chen
  • Mario V. Wüthrich

Paul Embrechts also has published a book titled Risk Revealed (2024) with Cambridge University Press.

Among awards, Paul Embrechts received recognition as a Fellow of the American Statistical Association (ASA) in 2014.

Best Publications

  • Modelling Extremal Events: for Insurance and Finance

    Paul Embrechts;Thomas Mikosch;Claudia Klüppelberg

  • Quantitative risk management: Concepts, techniques and tools: Revised edition

    Alexander J. McNeil;Rüdiger Frey;Paul Embrechts

  • Modelling Extremal Events

    Paul Embrechts;Claudia Klüppelberg;Thomas Mikosch

  • Quantitative Risk Management: Concepts, Techniques, and Tools

    Alexander J. McNeil;Rdiger Frey;Paul Embrechts

  • Risk Management: Correlation and Dependence in Risk Management: Properties and Pitfalls

    Paul Embrechts;Alexander J. McNeil;Daniel Straumann

  • Chapter 8 – Modelling Dependence with Copulas and Applications to Risk Management

    Paul Embrechts;Filip Lindskog;Alexander Mcneil

  • Extreme Value Theory as a Risk Management Tool

    Paul Embrechts;Sidney I. Resnick;Gennady Samorodnitsky

  • Dependence structures for multivariate high-frequency data in finance

    Wolfgang Breymann;Alexandra Dias;Paul Embrechts

  • Correlation: Pitfalls and Alternatives

    Paul Embrechts;Alexander McNeil;Daniel Straumann

  • Estimates for the probability of ruin with special emphasis on the possibility of large claims

    Paul Embrechts;Noel Veraverbeke

  • Subexponentiality and infinite divisibility

    Paul Embrechts;Charles M. Goldie;Noël Veraverbeke

  • Quantitative models for operational risk: Extremes, dependence and aggregation

    V. Chavez-Demoulin;P. Embrechts;J. Nešlehová

  • Model uncertainty and VaR aggregation

    Paul Embrechts;Giovanni Puccetti;Ludger Rüschendorf

  • Using copulae to bound the Value-at-Risk for functions of dependent risks

    Paul Embrechts;Andrea Höing;Alessandro Juri

  • Multivariate Hawkes processes: an application to financial data

    Paul Embrechts;Thomas Liniger;Lu Lin

  • Infinite-mean models and the LDA for operational risk

    Johanna Nešlehová;Paul Embrechts;Valérie Chavez-Demoulin

  • Copulas: A Personal View

    Paul Embrechts

  • No-arbitrage, change of measure and conditional Esscher transforms

    H. Bühlmann;Freddy Delbaen;P. Embrechts;A.N. Shiryaev

  • Martingales and insurance risk

    A. Dassios;P. Embrechts

  • Modelling of extremal events in insurance and finance

    Paul Embrechts;Hanspeter Schmidli

  • Quantitative Risk Management

    Unknown

  • Stochastic processes in insurance and finance

    Paul Embrechts;Rüdiger Frey;Hansjörg Furrer

  • Dependence modeling with copulas

    Paul Embrechts;Johanna Neslehova

Frequent Co-Authors

Bruno Sudret
Bruno Sudret ETH Zurich
Glenn W. Harrison
Glenn W. Harrison Georgia State University
Charles Goodhart
Charles Goodhart London School of Economics and Political Science
Hyun Song Shin
Hyun Song Shin Bank of Korea
Jon Danielsson
Jon Danielsson London School of Economics and Political Science
J. David Cummins
J. David Cummins Temple University

If you think any of the details on this page are incorrect, let us know.

Report an issue

We appreciate your kind effort to assist us to improve this page, it would be helpful providing us with as much detail as possible in the text box below:

Related Online Degrees & Career Pathways

Studying Economics and Finance in the USA can open doors to a wide array of career opportunities across business, management, and digital industries. There are several online degrees that closely align with these fields, offering flexible study options and specialized career skills.

For those interested in leveraging new media and digital strategies, consider pursuing a digital marketing degree with social media specialization. This program equips students with expertise in online marketing, analytics, and brand management—skills in high demand across global industries.

If hospitality and event management appeal to you, an hospitality degree online offers fast, flexible ways to enter or advance in the service sector.

For broader business leadership roles, an affordable aacsb online mba can be a valuable investment, delivering recognized credentials and advanced managerial tools.

Lastly, professionals looking to specialize in staff management and organizational development may opt for a masters in human resources, leading to roles in recruitment, training, and employee relations.

Best Scientists Citing Paul Embrechts

Trending Scientists