Zachary Feinstein

• PhD (2014) Princeton University (Operations Research and Financial Engineering)
• MA (2011) Princeton University (Operations Research and Financial Engineering)
• BS (2009) Washington University in St. Louis (Systems Science and Engineering)

• Stevens Society of Financial Engineers Chair

• INFORMS Finance Section Vice Chair
• INFORMS Finance Section Secretary and Treasurer

Journal Article

1. Banerjee, T.; Bernstein, A.; Feinstein, Z. (2025). Dynamic clearing and contagion in financial networks. European Journal of Operational Research (2 ed., vol. 321, pp. 664-675). Elsevier BV.
   https://doi.org/10.1016/j.ejor.2024.09.046.
2. Feinstein, Z.; Rudloff, B. (2024). Deep learning the efficient frontier of convex vector optimization problems. Journal of Global Optimization (2 ed., vol. 90, pp. 429-458). Springer Science and Business Media LLC.
   https://doi.org/10.1007/s10898-024-01408-x.
3. Feinstein, Z.; Hey, N.; Rudloff, B. (2024). Approximating the Set of Nash Equilibria for Convex Games. Operations Research. Institute for Operations Research and the Management Sciences (INFORMS).
   https://doi.org/10.1287/opre.2023.0541.
4. Feinstein, Z.; Rudloff, B. (2024). Technical Note—Characterizing and Computing the Set of Nash Equilibria via Vector Optimization. Operations Research (5 ed., vol. 72, pp. 2082-2096). Institute for Operations Research and the Management Sciences (INFORMS).
   https://doi.org/10.1287/opre.2023.2457.
5. Amini, H.; Bichuch, M.; Feinstein, Z. (2023). Decentralized payment clearing using blockchain and optimal bidding. European Journal of Operational Research (1 ed., vol. 309, pp. 409-420). Elsevier BV.
   https://doi.org/10.1016/j.ejor.2022.12.024.
6. Feinstein, Z.; Sojmark, A. (2023). Contagious McKean-Vlasov systems with heterogeneous impact and exposure. Finance and Stochastics (vol. 27, pp. 663-711).
7. Amini, H.; Feinstein, Z. (2023). Optimal network compression. European Journal of Operational Research (3 ed., vol. 306, pp. 1439-1455). Elsevier BV.
   https://doi.org/10.1016/j.ejor.2022.07.026.
8. Feinstein, Z.; Hurd, T. (2023). Contingent convertible obligations and financial stability. SIAM Journal on Financial Mathematics (1 ed., vol. 14, pp. 158-187).
9. Feinstein, Z. (2022). Clearing prices under margin calls and the short squeeze. SIAM Journal on Financial Mathematics (4 ed., vol. 13, pp. SC113-SC122).
10. Bichuch, M.; Feinstein, Z. (2022). Endogenous Inverse Demand Functions. Operations Research (5 ed., vol. 70, pp. 2702-2714). Institute for Operations Research and the Management Sciences (INFORMS).
    https://doi.org/10.1287/opre.2022.2325.
11. Banerjee, T.; Feinstein, Z. (2022). Pricing of Debt and Equity in a Financial Network with Comonotonic Endowments. Operations Research (4 ed., vol. 70, pp. 2085-2100). Institute for Operations Research and the Management Sciences (INFORMS).
    https://pubsonline.informs.org/doi/10.1287/opre.2022.2275.
12. Chen, Y.; Feinstein, Z. (2022). Set-valued dynamic risk measures for processes and vectors. Finance and Stochastics (vol. 26, pp. 505-533).
13. Feinstein, Z.; Rudloff, B.; Zhang, J. (2022). Dynamic Set Values for Nonzero-Sum Games with Multiple Equilibriums. Mathematics of Operations Research (1 ed., vol. 47, pp. 616-642). Institute for Operations Research and the Management Sciences (INFORMS).
    https://doi.org/10.1287/moor.2021.1143.
14. Banerjee, T.; Feinstein, Z. (2021). Price mediated contagion through capital ratio requirements with VWAP liquidation prices. European Journal of Operational Research (3 ed., vol. 295, pp. 1147-1160). Elsevier BV.
    https://doi.org/10.1016/j.ejor.2021.03.053.
15. Feinstein, Z.; Sojmark, A. (2021). Short Communication: Dynamic Default Contagion in Heterogeneous Interbank Systems. SIAM Journal on Financial Mathematics (4 ed., vol. 12, pp. SC83-SC97). Society for Industrial & Applied Mathematics (SIAM).
    https://doi.org/10.1137/20m1376765.
16. Clark, B.; Feinstein, Z.; Simaan, M. (2020). A machine learning efficient frontier. Operations Research Letters (5 ed., vol. 48, pp. 630-634). Elsevier BV.
    https://doi.org/10.1016/j.orl.2020.07.016.
17. Feinstein, Z. (2020). Capital regulation under price impacts and dynamic financial contagion. European Journal of Operational Research (2 ed., vol. 281, pp. 449-463). Elsevier BV.
    https://doi.org/10.1016/j.ejor.2019.08.044.
18. Feinstein, Z.; Banerjee, T. (2019). Impact of contingent payments on systemic risk in financial networks. Mathematics and Financial Economics (4 ed., vol. 13, pp. 617-636). Springer Science and Business Media LLC.
    https://doi.org/10.1007/s11579-019-00239-9.
19. Feinstein, Z. (2019). Obligations with Physical Delivery in a Multilayered Financial Network. SIAM Journal on Financial Mathematics (4 ed., vol. 10, pp. 877-906). Society for Industrial & Applied Mathematics (SIAM).
    https://doi.org/10.1137/18m1194729.
20. Feinstein, Z.; Pang, W.; Rudloff, B.; Schaanning, E.; Sturm, S.; Wildman, M. (2018). Sensitivity of the Eisenberg--Noe Clearing Vector to Individual Interbank Liabilities. SIAM Journal on Financial Mathematics (4 ed., vol. 9, pp. 1286-1325). Society for Industrial & Applied Mathematics (SIAM).
    https://doi.org/10.1137/18m1171060.
21. Feinstein, Z. (2017). Financial contagion and asset liquidation strategies. Operations Research Letters (2 ed., vol. 45, pp. 109-114). Elsevier BV.
    https://doi.org/10.1016/j.orl.2017.01.004.
22. Feinstein, Z.; Rudloff, B.; Weber, S. (2017). Measures of Systemic Risk. SIAM Journal on Financial Mathematics (1 ed., vol. 8, pp. 672-708). Society for Industrial & Applied Mathematics (SIAM).
    http://dx.doi.org/10.1137/16m1066087.
23. Cassidy, A.; Feinstein, Z.; Nehorai, A. (2016). Risk measures for power failures in transmission systems. Chaos: An Interdisciplinary Journal of Nonlinear Science (11 ed., vol. 26, pp. 113110). AIP Publishing.
    http://dx.doi.org/10.1063/1.4967230.