Assoc. Prof. Hauser is a member of the Numerical Analysis and Computational Finance Groups at the Mathematical Institute, University of Oxford, and a Tutorial Fellow in Applied Mathematics at Pembroke College, Oxford. Before joining Oxford as a University Lecturer, Hauser was a postdoc at the University of Cambridge. He received his PhD in Operations Research from Cornell University in 2000. His first degree was in maths; after studying at EPFL Lausanne for the first two years, he transferred to ETH Zurich where he received a Dipl.Math ETH.
This paper demonstrates that risk-averse traders can benefit from delaying trades using a model that accounts for volume uncertainty.