On Thursday, 16 May 2019, Dean a.i. Frank van der Duijn Schouten surprised faculty member Chen Zhou with a bouquet of flowers for his appointment as Professor of Mathematical Statistics and Risk Management at Erasmus School of Economics.
Chen Zhou focuses in his research on extreme value analysis and its applications in economics and finance. The field of extreme value analysis is a modern subfield of mathematical statistics starting from 1970s. It offers statistical tools for analyzing rare events that happen with very low probability. A natural application of this field in economics and finance is regarding risk management.