Baurdoux, Erik


Dr Erik Baurdoux  

Department

Position held

Department of Statistics

Lecturer

Experience keywords:

financial mathematics; stochastic calculus; stochastic processes.; optimal stopping; option pricing; stochastic games; insurance mathematics

Research summary > [Click to expand]

Optimal stopping problems appear in various forms in mathematical finance. For example, for pricing an American option on a stock one aims to determine the region of the stock price in which exercising is optimal. Traditionally, stock prices were modelled based on a Brownian motion. Recently, Lévy processes have received a lot of attention as they have the important feature that they allow the stock process to have jumps. One of my main research interests consists of (two-player) optimal stopping problems for Lévy processes.

Further research interests include mathematical insurance and other applications of Lévy processes.

Languages:

French [Spoken: Intermediate, Written: Intermediate]; Dutch [Spoken: Fluent, Written: Fluent]; German [Spoken: Basic, Written: Basic]

Contact Points

LSE phone number:

020 7955 6717

Publications

The following references are sourced from LSE Research Online|. References that are linked lead to the full text.

2011

Baurdoux, Erik J. and Kyprianou, Andreas E. and Pardo, J.C. (2011) The Gapeev-Kuhn stochastic game driven by a spectrally positive Levy process. Stochastic processes and their applications, 121 (6). pp. 1266-1289. ISSN 0304-4149

Baurdoux, Erik J. and Van Schaik, K. (2011) Further calculations for the McKean stochastic game for a spectrally negative levy process: from a point to an interval. Journal of applied probability, 48 (1). pp. 200-216. ISSN 0021-9002

2009

Baurdoux, Erik J. (2009) Last exit before an exponential time for spectrally negative Lévy processes. Journal of applied probability, 46 (2). pp. 542-588. ISSN 0021-9002

Baurdoux, Erik J. (2009) Some excursion calculations for reflected Lévy processes. ALEA: Latin American journal of probability and mathematical statistics, 6 pp. 149-162. ISSN 1980-0436

Baurdoux, Erik J. and Kyprianou, Andreas E. (2009) The Shepp-Shiryaev stochastic game driven by a spectrally negative Lévy process. Theory of probability and its applications, 53 (3). pp. 481-499. ISSN 0040-585X

2008

Baurdoux, Erik J. and Kyprianou, Andreas E. (2008) The Shepp-Shiryaev stochastic game driven by a spectrally negative Lévy process. Teoriya Veroyatnostei i ee Primeneniya, 53 (3). pp. 588-609. ISSN 0040-361X

Baurdoux, Erik J. and Kyprianou, Andreas E. (2008) The McKean stochastic game driven by a spectrally negative Lévy process. Electronic journal of probability, 13 pp. 173-197. ISSN 1083-6489

2007

Baurdoux, Erik J. (2007) Fluctuation theory and stochastic games for spectrally negative Lévy processes. Universiteit Utrecht;Mathematical Institute

Baurdoux, Erik J. (2007) Examples of optimal stopping via measure transformation for processes with one-sided jumps. Stochastics: an international journal of probability and stochastic processes, 79 (3 & 4). pp. 303-307. ISSN 1744-2508

2004

Baurdoux, Erik J. and Kyprianou, Andreas E. (2004) Further calculations for Israeli options. Stochastics and stochastics reports, 76 (6). pp. 546-569. ISSN 1045-1129

LSE Research Online is the primary resource for references to publications. For queries or updates please email the LSE Research Online team at lseresearchonline@lse.ac.uk|.

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