Xuhu Wan

Academic qualification

• PhD 2005 University of Southern California, Financial Math
• M.Sc. 2003 University of Southern California, Statistics
• M.Sc. 2000 Shanghai Institute of Materia Medica,CAS, Pharmacology
• B.Sc. 1997 Nanjing University, Biology

ACADEMIC AND PROFESSIONAL EXPERIENCE

• Associate Professor of ISOM, Hong Kong University of Science and Technology (HKUST), July 2012 - present
• Assistant Professor of ISOM, Hong Kong University of Science and Technology (HKUST), July 2005 - June 2012

SELECTED PUBLICATIONS

• Sung, J., and Wan, X., "A General Equilibrium Model of a Multi-Firm Moral-Hazard Economy with Financial Markets", Mathematical Finance, 25, 4, 2015, 827-868
• Cvitanic, J., and Wan, X., "Dynamics of Contract Design with Screening",Management Science, 59, 5, 2013, 1229-1244
• Ju, N., and Wan, X., "Optimal Compensation and Pay-Performance Sensitivity in a Continuous-Time Principal-Agent Model", Management Science, 58, 3, 2012, 641-657
• Goukasian, L., and Wan, X., "Optimal Incentive Contracts Under Relative Income Concerns",Mathematics and Financial Economics, 4, 1, 2010, 57-86
• Cvitanic, J., Wan, X., and Zhang, J., "Optimal Compensation with Hidden Action and Lump-Sum Payment in a Continuous-time Model", Applied Mathematics and Optimization, 59, 1, 2009, 99-146
• Cvitanic, J., Wan, X., and Zhang, J., "Principal-Agent Problems with Exit Options", The B.E. Journal of Theoretical Economics, 8, 1, 2008, Article 23
• Cvitanic, J., Wan, X., and Zhang, J., "Optimal Contracts in Continuous-time Models", J. of Applied Mathematics and Stochastic Analysis, 2006, Article ID 95203

WORKING PAPERS

• "Continuous-time Delegated Investment Under Adverse Selection", revise and resubmit at Review of Financial Studies (Nengjiu Ju)
• "Multiple-Player Games in Continuous Time with Imperfect Monitoring," revise and resubmit at Review of Economics Studies ( Jaksa Cvitanic)
• "Dynamic Agency, Costly Project Search and Repeated Private Shocks", 3rd round revision at Management Science
• "Dynamic Partnership Game", in revision
• "Equilibrium Equity Premium, Interest Rate and the Cost of Capital in a Moral-Hazard Economy", in revision (Jaeyoung Sung)
• "Dynamic Agency Model with Finite Horizon", in revision (Huali Yang)

RESEARCH INTERESTS

• Dynamic inventive in contract design
• Financial contracts
• Private equity investment
• Financial Engineering

HONORS AND AWARDS

• General Research Fund, 2009-2012 (PI). Project number: GRF 620909 , grant amount HK$582,156
• University Grant Council – School-based Initiatives, 2007-2009, (co-PI) . Project number: SBI06/07.BM13, grant amount HK$148,000
• HKUST direct allocation grant, 2006-2007 (PI). Project number: DAG05/06.BM28, grant amount HK$90,000