Financial/Actuarial Mathematics Seminar

Academic Year 2005-2006

Thursdays 3:10-4:00, 3088 East Hall

(unless noted otherwise)

For more information contact Kristen Moore or Virginia Young.

September 15

Erhan Bayraktar

Department of Mathematics, University of Michigan

The adaptive Poisson disorder problem: Part I
September 22

David Kausch

Department of Mathematics, University of Michigan

An analysis of US pension funding reform
September 29

David Promislow

Department of Mathematics and Statistics, York University

Comparison principles for nonlinear parabolic equations
October 6

Virginia (Jenny) Young

Department of Mathematics, University of Michigan

Financial valuation of mortality risk using the instantaneous sharpe ratio
October 13

Michael Ludkovski

Department of Mathematics, University of Michigan

Solving optimal switching problems by simulation

Wednesday

October 19

Virginia (Jenny) Young

Department of Mathematics, University of Michigan

Joint with Differential Equations Seminar

Financial valuation of mortality risk: Pricing and hedging under stochastic hazard rates

Friday

October 21

Steven Kou

Industrial Engineering and Operations Research

Columbia University

Joint seminar with AIM

Credit spreads, optimal capital structure, and implied volatility with endogenous default and jump risk
October 27
Not meeting this week
Not meeting this week

Friday

November 4

Virginia (Jenny) Young

Department of Mathematics, University of Michigan

Joint seminar with AIM

 

Correspondence between lifetime minimum wealth and utility of consumption
November 10

Kristen Moore

Department of Mathematics, University of Michigan

Optimal and simple, nearly-optimal rules for minimizing the probability of financial ruin in retirement
December 1

Ioannis Karatzas

Department of Mathematics, Department of Statistics

Columbia University

Volatility stabilization, arbitrage, and Bessel processes
December 8

Kay Giesecke

Department of Management Science and Engineering

Stanford University

A top down approach to multi-name credit

 

January 19

Virginia (Jenny) Young

Department of Mathematics, University of Michigan

Applying a comparison theorem for PDEs to the Black-Scholes equation

 

January 26

Masahiko Egami

Department of Mathematics

University of Michigan

A direct solution method for optimal switching problems of one-dimensional diffusions

 

February 2

Jussi Keppo

Department of Industrial and Operations Engineering

University of Michigan

Does the market risk requirement affect bank behavior?

 

February 9

Sasha Stoikov

Department of Mathematics

New York University

Pricing options from the point of view of a trader

 

February 16

Virginia (Jenny) Young

Department of Mathematics

University of Michigan

Pricing annuities under stochastic mortality via the instantaneous Sharpe ratio

 

February 23

Haitao Li

Department of Finance, Ross School of Business

University of Michigan

Interest rate caps "smile" too! But can the LIBOR market models capture
it?
March 2
Not meeting this week
Not meeting this week
March 9

Michael Ludkovski

Department of Mathematics, University of Michigan

March 16
Not meeting this week
Not meeting this week
March 23

*** Postponed until 4/13/06 ***

*** Postponed until 4/13/06 ***

March 30

Andrew Lim

Department of Industrial Engineering and Operations Research

University of California, Berkeley

A Relative performance approach to robust portfolio selection when there is model ambiguity

 

April 6

Patrick Cheridito

Operations Research and Financial Engineering

Princeton University

Time-consistency of indifference prices and monetary utility functions

April 13

Tim Maull

Department of Industrial and Operations Engineering

University of Michigan

Optimal firm employment under firing costs and delays