Mathematics: Fully Funded UKRI and Swansea PhD Scholarship: Optimal Problems Under Contagious Markets with Regime Switching and Risk Uncertainty

Job title:

Mathematics: Fully Funded UKRI and Swansea PhD Scholarship: Optimal Problems Under Contagious Markets with Regime Switching and Risk Uncertainty

Company:

Swansea University

Job description

Job Information Organisation/CompanySwansea University DepartmentCentral Research FieldMathematics » Other Researcher ProfileFirst Stage Researcher (R1) CountryUnited Kingdom Application Deadline24 Apr 2024 – 23:59 (Europe/London) Type of ContractOther Job StatusFull-time Hours Per Week35 Offer Starting Date1 Oct 2024 Is the job funded through the EU Research Framework Programme?Not funded by an EU programme Is the Job related to staff position within a Research Infrastructure?NoOffer DescriptionMathematics: Fully Funded UKRI and Swansea PhD Scholarship: Optimal Problems Under Contagious Markets with Regime Switching and Risk UncertaintyIn this project, different optimal control problems will be considered under a contagious financial and insurance market with regime switching and risk uncertainty.In the first chapter, an optimal portfolio choice and life consumption problem will be studied under a fragile financial market with regime switching and risk uncertainty, where the transition matrix is no longer constant but depends on historical paths of financial assets in that market.In the second chapter, an optimal reinsurance problem will be investigated under a contagious insurance market with regime switching. A stochastic differential game will be constructed to find the optimal reinsurance policy by considering the interaction between the insurer and the reinsurer.More chapters will be considered if the first two chapters run smoothly.RequirementsResearch Field Mathematics » Other Education Level Bachelor Degree or equivalentSkills/QualificationsCandidates must hold an undergraduate degree at 2.1 level or master’s degree with a minimum overall grade at ‘Merit’ (or Non-UK equivalent as defined by Swansea University). Please note that you may need to provide evidence of your English Language proficiency.Specific RequirementsDue to funding restrictions, this scholarship is open to applicants eligible to pay tuition fees at the UK rate only, as defined by .Additional InformationBenefitsThis scholarship covers the full cost of tuition fees and an annual stipend at £19,237.Additional research expenses will also be available.Eligibility criteriaCandidates must hold an undergraduate degree at 2.1 level or master’s degree with a minimum overall grade at ‘Merit’ (or Non-UK equivalent as defined by Swansea University) (see ). Please note that you may need to provide evidence of your English Language proficiency.Due to funding restrictions, this scholarship is open to applicants eligible to pay tuition fees at the UK rate only, as defined by .Selection processPlease see our website for more information.Website for additional job detailsWork Location(s)Number of offers available 1 Company/Institute Swansea University Country United Kingdom City Swansea Postal Code SA2 8PP GeofieldWhere to apply WebsiteContact CitySwansea WebsiteStreetSingleton Park Postal CodeSA28PP E-Mailguo.liu@swansea.ac.ukSTATUS: EXPIRED

Expected salary

£19237 per year

Location

Swansea

Job date

Fri, 05 Apr 2024 01:46:00 GMT

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