Risk theory is a theory of decision-making under probabilistic uncertainty. From mathematical point of view it is a branch of probability theory, while its applications cover all aspects of life. Financial applications are most advanced, including banking, insurance, managing market and credit risks, investments and business risks. To name just a few, there are also applications to managing risks of health hazard, environment pollution, engineering and ecological risks.

Here you will find an introduction to risk theory, permanently updated lectures in risk theory, delivered to students of the Krasnoyarsk state university, and some other Krasnoyarsk universities.

You can download lectures and some other files from here. As of now lectures are being translated into English; they will be presented gradually upon completing.

Bulletin board contains news and events announcement: seminars, conferences and the like.

Some terms are explained in a brief hyperlinked glossary.

A handbook of distributions describes most often used probability distributions, presents their parameters and characteristics, displays pictures of distribution functions. Modeling random variables for Monte Carlo methods is presented as well.

Russian version of this site is also available. One can find more downloadable materials in Russian there.

After reading presented materials please write down your suggestions and impressions into guest book. Each entry would be greatly appeciated. Thank you.

Contact information may be found here. Click here, if you just want to drop me a message.

A new rubric Illustration was introduced recently. Here one can find graphical representation of basic ideas of risk theory and its applications. Older contents of the rubric is being kept here.

Look for scientific information on risk theory and much more, using Scirus search engine.