__NOTOC__ Alan D. White is a Canadian

financial engineering Financial engineering is a multidisciplinary field involving financial theory, methods of engineering, tools of mathematics and the practice of programming. It has also been defined as the application of technical methods, especially from mathe ...

academic. He is a emeritus professor of finance at the

University of Toronto The University of Toronto (UToronto or U of T) is a public university, public research university whose main campus is located on the grounds that surround Queen's Park (Toronto), Queen's Park in Toronto, Ontario, Canada. It was founded by ...

and is best known for the Hull-White interest rate model and associated numerical procedures, authored with John Hull. He is the Peter L. Mitchelson/SIT Investment Associates Foundation Chair in Investment Strategy and Professor of Finance at the Rotman School of Management. He is also the associate editor of '' Journal of Financial and Quantitative Analysis'' and the '' Journal of Derivatives''. Previously, he was

assistant professor Assistant professor is an academic rank just below the rank of an associate professor used in universities or colleges, mainly in the United States, Canada, Japan, and South Korea. Overview This position is generally taken after earning a doct ...

York University York University (), also known as YorkU or simply YU), is a public university, public research university in Toronto, Ontario, Canada. It is Canada's third-largest university, and it has approximately 53,500 students, 7,000 faculty and staff, ...

. His highest cited paper is ''The pricing of options on assets with stochastic volatilities'' at 4900 citations, according to Google Scholar. His research is in the areas of executive stock options, the rating of

structured finance Structured finance is a sector of finance — specifically financial law — that manages Leverage (finance), leverage and Financial risk, risk. Strategies may involve legal and corporate restructuring, off balance sheet accounting, or the use of ...

products and in best practice risk management approaches. With John Hull, he has made "seminal contribution

to the literature on

stochastic volatility In statistics, stochastic volatility models are those in which the variance of a stochastic process is itself randomly distributed. They are used in the field of mathematical finance to evaluate derivative securities, such as options. The name ...

models, and credit derivative models. He is the co-author of ''Hull-White On Derivatives'' (). He holds a PhD Finance (

1983), MBA (

McMaster University McMaster University (McMaster or Mac) is a public research university in Hamilton, Ontario, Canada. The main McMaster campus is on of land near the residential neighbourhoods of Ainslie Wood, Ontario, Ainslie Wood and Westdale, Ontario, Westd ...

) and BEng (

McGill University McGill University (French: Université McGill) is an English-language public research university in Montreal, Quebec, Canada. Founded in 1821 by royal charter,Frost, Stanley Brice. ''McGill University, Vol. I. For the Advancement of Learning, ...

Selected publications

Papers

*Corporate Governance and Dual Class Equity; with Chris Robinson and John Rumsey; Canadian Journal of Administrative Sciences; forthcoming *Using Hull-White Interest Rate Trees; with John Hull; Journal of Derivatives; Issue: Vol.3; 1996; Pages: pp. 26–36 *A Note on the Models of Hull and White for Pricing Options on the Term Structure: Response; with John Hull; Journal of Fixed Income; Issue: Vol.5; 1995; Pages: pp. 97–102 *The Impact of Default Risk on the Prices of Options and other Derivative Securities; Journal of Banking and Finance; Issue: June; 1995; Pages: pp. 299–322

Books

*Hull-White on Derivatives with John Hull; London: Risk Publications; 1996

References

University of Toronto alumni Year of birth missing (living people) Living people Financial economists Academic staff of the University of Toronto McGill University Faculty of Education alumni McMaster University alumni Canadian economists {{Canada-economist-stub