STEFANO HERZEL

Professore ordinario


email: stefano.herzel@uniroma2.it
telefono: 06-7259-5946
edificio: B- Ricerca
stanza: P1 S35

Settore:MATEMATICA PER L'ECONOMIA E LA FINANZA [SECS-S/06]
PhD, Cornell, 1997

Produzione scientifica

2108/341184 - 2024 - A reinforcement learning algorithm for trading commodities
Giorgi, Federico; Herzel, Stefano; Pigato, Paolo - 01 - Articolo su rivista
rivista: APPLIED STOCHASTIC MODELS IN BUSINESS AND INDUSTRY (Chichester: John Wiley & Sons, ©1999-) pp. 373-388 - issn: 1524-1904 - wos: WOS:001076667500001 (1) - scopus: 2-s2.0-85173536550 (1)

2108/247090 - 2021 - The value of knowing the market price of risk
Colaneri, Katia; Herzel, Stefano - 01 - Articolo su rivista
rivista: ANNALS OF OPERATIONS RESEARCH (Switzerland: Springer Nature Dordrecht: Kluwer Academic Publishers. Amsterdam; Bussum: Baltzer Science Publishers.) pp. - - issn: 0254-5330 - wos: WOS:000527510300001 (4) - scopus: 2-s2.0-85083894106 (5)

2108/284690 - 2021 - Implicit incentives for fund managers with partial information
Colaneri, Katia; Herzel, Stefano - 01 - Articolo su rivista
rivista: COMPUTATIONAL MANAGEMENT SCIENCE (Heidelberg ; Berlin : Springer) pp. 539-561 - issn: 1619-697X - wos: WOS:000655614000001 (0) - scopus: 2-s2.0-85106742945 (0)

2108/206583 - 2019 - Optimal strategies with option compensation under mean reverting returns or volatilities
Herzel, Stefano - 01 - Articolo su rivista
rivista: COMPUTATIONAL MANAGEMENT SCIENCE (Heidelberg ; Berlin : Springer) pp. 47-69 - issn: 1619-697X - wos: WOS:000458627300004 (4) - scopus: 2-s2.0-85039759137 (4)

2108/299872 - 2018 - The value of information for optimal portfolio management
Colaneri, Katia; Herzel, Stefano - 03 - Contributo in libro
libro: Mathematical and Statistical Methods for Actuarial Sciences and Finance, MAF 2018 - (978-3-319-89823-0)

2108/206579 - 2018 - Portfolio management with benchmark related incentives under mean reverting processes
Herzel, Stefano - 01 - Articolo su rivista
rivista: ANNALS OF OPERATIONS RESEARCH (Switzerland: Springer Nature Dordrecht: Kluwer Academic Publishers. Amsterdam; Bussum: Baltzer Science Publishers.) pp. 373-394 - issn: 0254-5330 - wos: WOS:000433953200016 (16) - scopus: 2-s2.0-85019608615 (18)

2108/206577 - 2017 - An agent-based model for a double auction with convex incentives
Fabretti, Annalisa; Herzel, Stefano - 01 - Articolo su rivista
rivista: JASSS (J A S S S, UNIV SURREY, DEPT SOCIOLOGY, GUILDFORD, ENGLAND, SURREY, GU2 7XH) pp. - - issn: 1460-7425 - wos: WOS:000397168100007 (2) - scopus: 2-s2.0-85011629208 (2)

2108/217579 - 2017 - Portfolio allocation in actively managed funds
Herzel, Stefano - 01 - Articolo su rivista
rivista: ECONOMICS BULLETIN ([Nashville, Tenn.]: Economics Bulletin, [2001]-) pp. P154- - issn: 1545-2921 - wos: WOS:000416765800026 (1) - scopus: 2-s2.0-85026474289 (1)

2108/206585 - 2017 - Convex incentives in financial markets: an agent-based analysis
Fabretti, Annalisa; Herzel, Stefano - 01 - Articolo su rivista
rivista: DECISIONS IN ECONOMICS AND FINANCE (Springer-Verlag Italia Srl:via Decembrio 28, 20137 Milan Italy:011 39 2 5425971, EMAIL: riccardi@springer.it, Fax: 011 39 2 55193360) pp. 375-395 - issn: 1593-8883 - wos: WOS:000455420200020 (2) - scopus: 2-s2.0-85030678797 (2)

2108/238713 - 2016 - An Agent-Based Model to Study the Impact of Convex Incentives on Financial Markets
Fabretti, Annalisa; Herzel, Stefano - 03 - Contributo in libro
libro: Trends in Practical Applications of Scalable Multi-Agent Systems - ()

2108/128873 - 2015 - Socially responsible and conventional investment funds: performance comparison and the global financial crisis
Becchetti, Leonardo; Ciciretti, Rocco; Herzel, Stefano - 01 - Articolo su rivista
rivista: APPLIED ECONOMICS (Abingdon, UK: Routledge Taylor & Francis Group -London: Chapman and Hall.) pp. 2541-2562 - issn: 0003-6846 - wos: WOS:000349990100001 (70) - scopus: 2-s2.0-84923696051 (83)

2108/91813 - 2014 - Delegated portfolio management under ambiguity aversion
Fabretti, Annalisa; Herzel, Stefano - 01 - Articolo su rivista
rivista: OPERATIONS RESEARCH LETTERS (Elsevier BV:PO Box 211, 1000 AE Amsterdam Netherlands:011 31 20 4853757, 011 31 20 4853642, 011 31 20 4853641, EMAIL: nlinfo-f@elsevier.nl, INTERNET: http://www.elsevier.nl, Fax: 011 31 20 4853598) pp. 190-195 - issn: 0167-6377 - wos: WOS:000335544500017 (5) - scopus: 2-s2.0-84896839832 (6)

2108/94127 - 2014 - Delta hedging in discrete time under stochastic interest rate
Herzel, Stefano - 01 - Articolo su rivista
rivista: JOURNAL OF COMPUTATIONAL AND APPLIED MATHEMATICS (Elsevier BV:PO Box 211, 1000 AE Amsterdam Netherlands:011 31 20 4853757, 011 31 20 4853642, 011 31 20 4853641, EMAIL: nlinfo-f@elsevier.nl, INTERNET: http://www.elsevier.nl, Fax: 011 31 20 4853598) pp. 385-393 - issn: 0377-0427 - wos: WOS:000329376700008 (5) - scopus: 2-s2.0-84889089016 (5)

2108/94128 - 2013 - A Socially responsible portfolio selection strategy
Herzel, Stefano - 03 - Contributo in libro
libro: Entrepreneurship, finance, governance and ethics - (978-94-007-3867-6)

2108/94129 - 2013 - Active management of socially responsible portfolios
Fabretti, Annalisa; Herzel, Stefano - 03 - Contributo in libro
libro: Entrepreneurship, finance, governance and ethics - (978-94-007-3867-6)

2108/137310 - 2012 - Evaluating discrete dynamic strategies in affine models
Herzel, Stefano - 01 - Articolo su rivista
rivista: QUANTITATIVE FINANCE (Abingdon: Taylor & Francis Bristol: Institute of Physics Publishing, 2001-) pp. 313-326 - issn: 1469-7688 - wos: WOS:000349162300005 (4) - scopus: 2-s2.0-84922108610 (5)

2108/64434 - 2012 - The cost of sustainability in optimal portfolio decisions
Herzel, Stefano - 01 - Articolo su rivista
rivista: EUROPEAN JOURNAL OF FINANCE (Routledge Limited:11 New Fetter Lane, London EC4P 4EE United Kingdom:011 44 20 75839855, INTERNET: http://journals.routledge.com, Fax: 011 44 20 7330245) pp. 333-349 - issn: 1351-847X - wos: WOS:000304329200008 (17) - scopus: 2-s2.0-84861597915 (24)

2108/14355 - 2012 - Delegated portfolio management with socially responsible investment constraints
Fabretti, Annalisa; Herzel, Stefano - 01 - Articolo su rivista
rivista: EUROPEAN JOURNAL OF FINANCE (Routledge Limited:11 New Fetter Lane, London EC4P 4EE United Kingdom:011 44 20 75839855, INTERNET: http://journals.routledge.com, Fax: 011 44 20 7330245) pp. 293-309 - issn: 1351-847X - wos: WOS:000304329200006 (6) - scopus: 2-s2.0-84861610959 (9)

2108/18476 - 2010 - Modeling the default risk in large credit portfolios
Herzel, Stefano - 01 - Articolo su rivista
rivista: INTERNATIONAL JOURNAL OF RISK ASSESSMENT AND MANAGEMENT (Inderscience Enterprises Limited:29 route de Pre-Bois, CP 896, CH-1215 Geneva Switzerland:011 44 1234 713365, EMAIL: subs@inderscience.com, INTERNET: http://www.inderscience.com, Fax: 011 41 22 7910885 Milton Keynes: Inderscience Enterprises.) pp. 479-503 - issn: 1466-8297 - wos: (0) - scopus: 2-s2.0-78649425390 (0)

2108/18477 - 2010 - Explicit formulas for the minimal variance hedging strategy in a martingale case
Herzel, Stefano - 01 - Articolo su rivista
rivista: DECISIONS IN ECONOMICS AND FINANCE (Springer-Verlag Italia Srl:via Decembrio 28, 20137 Milan Italy:011 39 2 5425971, EMAIL: riccardi@springer.it, Fax: 011 39 2 55193360) pp. 63-79 - issn: 1593-8883 - wos: (0) - scopus: 2-s2.0-77949775320 (6)

2108/18475 - 2009 - Measuring the error of dynamic hedging: a Laplace transform approach
Herzel, Stefano - 01 - Articolo su rivista
rivista: THE JOURNAL OF COMPUTATIONAL FINANCE (Risk Waters Group:Haymarket House, 28-29 Haymarket, London SW1Y 4RX United Kingdom:011 44 87 02408859, EMAIL: subs@riskwaters.com, INTERNET: http://www.riskwaters.com, Fax: 011 44 20 74849797) pp. - - issn: 1460-1559 - wos: WOS:000275021300003 (9) - scopus: (0)

2108/18455 - 2009 - Measuring and managing financial risk
Herzel, Stefano - 05 - Curatele

2108/18380 - 2006 - A non-stationary paradigm for the dynamics of multivariate financial returns
Herzel, Stefano - 03 - Contributo in libro
libro: Dependence in probability and statistics - (0-387-31741-4)

2108/18435 - 2006 - An approximation of caplet implied volatilities in Gaussian models
Herzel, Stefano - 01 - Articolo su rivista
rivista: DECISIONS IN ECONOMICS AND FINANCE (Springer-Verlag Italia Srl:via Decembrio 28, 20137 Milan Italy:011 39 2 5425971, EMAIL: riccardi@springer.it, Fax: 011 39 2 55193360) pp. 113-127 - issn: 1593-8883 - wos: (0) - scopus: 2-s2.0-33644515674 (0)

2108/18379 - 2005 - Consistent calibration of HJM models to implied volatilities
Herzel, Stefano - 01 - Articolo su rivista
rivista: THE JOURNAL OF FUTURES MARKETS (John Wiley & Sons Incorporated:Customer Service, 111 River Street:Hoboken, NJ 07030:(800)225-5945, (201)748-6000, EMAIL: societyinfo@wiley.com, INTERNET: http://www.wiley.com, Fax: (212)748-6551) pp. 1093-1120 - issn: 0270-7314 - wos: WOS:000232348800004 (10) - scopus: 2-s2.0-27344442581 (14)

2108/18377 - 2005 - Arbitrage opportunities on derivatives: a linear programming approach
Herzel, Stefano - 01 - Articolo su rivista
rivista: DYNAMICS OF CONTINUOUS, DISCRETE AND IMPULSIVE SYSTEMS. SERIES B: APPLICATIONS & ALGORITHMS (DCDIS Journal:Watam Press, 317 Karen Place, Waterloo Ontario N2L 6K8 Canada:(519)888-4567, EMAIL: journal@monotone.uwaterloo.ca, Fax: (519)746-4319) pp. 589-606 - issn: 1492-8760 - wos: WOS:000232424400007 (4) - scopus: 2-s2.0-26444470513 (5)

2108/18375 - 2004 - Approximating the exact value of an American option
Herzel, Stefano - 01 - Articolo su rivista
rivista: STATISTICA (CLUEB / Cooperativa Libraria Universitaria Editrice Balogna:via Marsala 31, I 40126 Bologna Italy:011 39 051 220736, 011 39 051 224780, EMAIL: clueb@clueb.com, Fax: 011 39 051 237758) pp. 287-304 - issn: 0390-590X - wos: (0) - scopus: (0)

2108/18353 - 2002 - Consistent initial curves for interest rate models
Herzel, Stefano - 01 - Articolo su rivista
rivista: THE JOURNAL OF DERIVATIVES (Institutional Investor Incorporated:225 Park Avenue South, Floor 7:New York, NY 10003:(800)437-9997, (212)224-3564, INTERNET: http://www.iitechfinance.com, http://www.iinews.com, Fax: (212)224-3527) pp. 8-18 - issn: 1074-1240 - wos: (0) - scopus: 2-s2.0-27344439184 (8)

2108/18355 - 2002 - Efficient option valuation using trees
Herzel, Stefano - 01 - Articolo su rivista
rivista: APPLIED MATHEMATICAL FINANCE ([London]: [Routledge Taylor & Francis Group] London : Chapman & Hall, 1994-) pp. 163-178 - issn: 1350-486X - wos: (0) - scopus: 2-s2.0-85052223385 (0)

2108/18349 - 2000 - Option pricing with stochastic volatility models
Herzel, Stefano - 01 - Articolo su rivista
rivista: DECISIONS IN ECONOMICS AND FINANCE (Springer-Verlag Italia Srl:via Decembrio 28, 20137 Milan Italy:011 39 2 5425971, EMAIL: riccardi@springer.it, Fax: 011 39 2 55193360) pp. 75-99 - issn: 1593-8883 - wos: (0) - scopus: 2-s2.0-52849098423 (2)

2108/18348 - 1998 - A Simple model for option pricing with jumping stochastic volatility
Herzel, Stefano - 01 - Articolo su rivista
rivista: INTERNATIONAL JOURNAL OF THEORETICAL AND APPLIED FINANCE (World Scientific Publishing Company:PO Box 128, Farrer Road, Singapore 912805 Singapore:011 65 6 4665775, EMAIL: journal@wspc.com.sg, INTERNET: http://www.wspc.com.sg, http://www.worldscinet.com, Fax: 011 65 6 4677667) pp. 487-506 - issn: 0219-0249 - wos: (0) - scopus: (0)

2108/18346 - 1995 - Two interior-point algorithms for a class of convex programming problems
Herzel, Stefano - 01 - Articolo su rivista
rivista: OPTIMIZATION METHODS & SOFTWARE (Basingstoke, United Kingdom: Taylor & Francis Limited Reading: Gordon & Breach Science Publishers) pp. 27-55 - issn: 1055-6788 - wos: (0) - scopus: 2-s2.0-0029426758 (1)

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