Dependent Risks Research Group studies on a wide range of areas to capture the association structure mostly based on copulas in one and multivariate dimensions. The recent literature has shown that copulas become an important aid to identify the dependence among variables having different distributional properties. Having a multi-disciplinary structure, the research group works on the problems in energy, insurance, agriculture, finance problems, both in theory and application. 

Research includes:

  • Copulas in energy and commodity pricing 
  • Dependence in agriculture insurance
  • Non-life insurance and dependent risks
  • Morbidity risk using copulas and hidden Markov processes

You are welcome to join this research group and see recent publications from A. Sevtap Selçuk-Kestel (skestel[at] and Ceylan Yozgatlıgil (ceylan[at]


Last Updated:
02/08/2022 - 17:05