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

3 Apr 2024
Job Information

Organisation/Company

Swansea University

Department

Central

Research Field

Mathematics » Other

Researcher Profile

First Stage Researcher (R1)

Country

United Kingdom

Application Deadline

24 Apr 2024 - 23:59 (Europe/London)

Type of Contract

Other

Job Status

Full-time

Hours Per Week

35

Offer Starting Date

1 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?

No

Offer Description

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

In 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. 

Requirements

Research Field

Mathematics » Other

Education Level

Bachelor Degree or equivalent

Skills/Qualifications

Candidates 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 Requirements

Due to funding restrictions, this scholarship is open to applicants eligible to pay tuition fees at the UK rate only, as defined by UKCISA regulations .  

Additional Information
Benefits

This scholarship covers the full cost of tuition fees and an annual stipend at £19,237.

Additional research expenses will also be available.

Eligibility criteria

Candidates 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 country specific qualifications ). 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 UKCISA regulations .  

Selection process

Please see our website for more information.

Website for additional job details

https://www.swansea.ac.uk/postgraduate/scholarships/research/mathematics-ukri-s…

Work Location(s)

Number of offers available

1

Company/Institute

Swansea University

Country

United Kingdom

City

Swansea

Postal Code

SA2 8PP

Geofield

Where to apply

Website

https://www.swansea.ac.uk/postgraduate/scholarships/research/mathematics-ukri-s…

Contact

City

Swansea

Website

https://www.swansea.ac.uk/postgraduate/scholarships/research/mathematics-ukri-su-phd-optimal-2024-rs588.php?utm_source=euraxess&utm_medium=scholarship&utm_campaign=postgraduate24&utm_content=pgr

Street

Singleton Park

Postal Code

SA28PP

E-Mail

[email protected]

STATUS: EXPIRED