Nizar Touzi

Nizar Touzi is the Chair of the Finance and Risk Engineering Department at New York University Tandon School of Engineering. He is a Professor in the Electrical Engineering Department. His research interests include financial mathematics, applied probability, and control theory. Touzi has held various academic positions, including Professor of applied mathematics and head of the financial mathematics group at Ecole Polytechnique. He has been involved in numerous editorial roles for international journals in finance and mathematics. Touzi has received several awards, including the Louis Bachelier prize of the French Academy of Sciences and the Paris Europlace prize of Best Young Researcher in Finance.

Nizar Touzi is a researcher specializing in stochastic control, mathematical finance, and Monte Carlo methods. His work explores the application of stochastic calculus to financial modeling, including topics such as option hedging, risk measures, and no-arbitrage bounds. He has contributed to the development of Monte Carlo simulations for backward stochastic differential equations and has investigated stochastic target problems and dynamic programming principles. His research also addresses law-invariant risk measures and fully nonlinear parabolic PDEs, with a focus on viscosity solutions and their connections to stochastic analysis. Touzi's publications highlight the intersection of probabilistic methods and financial mathematics, emphasizing robustness and computational techniques for complex financial instruments.