Mathematical Finance

The mathematics of money is a comparatively recent area of research. The application of the Black-Scholes equation and related discussions are ongoing subjects of interest. Research topics at WSU include finding optimal portfolio with a manageable risk, and designing new financial products and setting attractive prices for these productions.

Haijun Li

http://www.math.wsu.edu/math/faculty/lih/ liklu@wsu.edu Neill 317 Multivariate Extremes, Copulas, Risk Theory Statistics and Probability Mathematical Finance Probability and Stochastic Processes

Sample Publications Tail dependence functions and vine copulas Orthant tail dependence of multivariate extreme value distributions

Hong-Ming Yin

http://www.math.wsu.edu/math/faculty/hyin/ hyin@wsu.edu Neill 303 Partial Differential Equations and Applications; Mathematical Modeling and Analysis in Life Sciences; Financial Engineering and Portfolio Management. Applied Mathematics Mathematical Biology Mathematical Finance Probability and Stochastic Processes Analysis and PDEs

Sample Publications