{"id":9927,"date":"2024-08-06T16:37:44","date_gmt":"2024-08-06T20:37:44","guid":{"rendered":"https:\/\/www.bu.edu\/questrom\/profiles\/hao-xing\/"},"modified":"2026-06-23T15:58:04","modified_gmt":"2026-06-23T19:58:04","slug":"hao-xing","status":"publish","type":"profiles","link":"https:\/\/www.bu.edu\/questrom\/profiles\/hao-xing\/","title":{"rendered":"Hao Xing"},"content":{"rendered":"\n\n\n<div class=\"wp-block-group alignfull profile__standard-wrapper has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n\n\n<div class=\"wp-block-columns profile__columns is-layout-flex wp-container-core-columns-is-layout-b2e659ba wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column profile__left-column is-layout-flow wp-container-core-column-is-layout-986eed52 wp-block-column-is-layout-flow\"><figure class=\"profile__image wp-block-post-featured-image\"><img decoding=\"async\" alt=\"Hao Xing\" style=\"object-fit:contain\" class=\"wp-post-image\" src=\"http:\/\/questromapps.bu.edu\/images\/facstaff\/XingHao.jpg\" \/><\/figure>\n\n<aside class=\"profile__contact profile__contact--api wp-block-amp-profile-contact\" itemscope itemtype=\"http:\/\/schema.org\/Person\">\n  <h5>Contact<\/h5>\n  <div class=\"profile__contact-row\">\n          <div class=\"profile__contact-cell profile__contact-cell--phone\">\n        <h6 class=\"wp-block-heading has-h-8-font-size\" style=\"font-weight: 500; text-transform: uppercase; margin-top: 0px;\">\n        Phone\n      <\/h6>\n      <p class=\"has-p-2-font-size\" itemprop=\"telephone\">\n        617-353-9644      <\/p>\n    <\/div>\n              <div class=\"profile__contact-cell profile__contact-cell--email\">\n        <h6 class=\"wp-block-heading has-h-8-font-size\" style=\"font-weight: 500; text-transform: uppercase; margin-top: 0px;\">\n        Email\n      <\/h6>\n      <p class=\"has-p-2-font-size\">\n        <a href=\"mailto:haoxing@bu.edu\" itemprop=\"email\">\n          haoxing@bu.edu        <\/a>\n      <\/p>\n    <\/div>\n          <\/div>\n\n      <div class=\"profile__contact-buttons\">\n              <div class=\"wp-block-button is-style-primary-button\">\n          <a class=\"wp-block-button__link wp-element-button\" href=\"http:\/\/questromapps.bu.edu\/faculty\/uploadFiles\/cvUploadsProfile\/FE_Xing_Hao_CV.pdf\">\n            Download CV\n          <\/a>\n        <\/div>\n                    <div class=\"wp-block-button is-style-primary-button\">\n          <a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/sites.google.com\/view\/hao-xing\/home\" itemprop=\"url\">\n            Visit Website\n          <\/a>\n        <\/div>\n          <\/div>\n  \n      <div class=\"profile__contact-row\">\n\n              <div class=\"profile__contact-cell profile__contact-cell--office\">\n          <h6 class=\"wp-block-heading has-h-8-font-size\" style=\"font-weight: 500; text-transform: uppercase; margin-top: 0px;\">\n          Office\n        <\/h6>\n        <p class=\"has-p-2-font-size\" itemprop=\"workLocation\">\n          546C        <\/p>\n      <\/div>\n                    <div class=\"profile__contact-cell profile__contact-cell--bu\">\n          <h6 class=\"wp-block-heading has-h-8-font-size\" style=\"font-weight: 500; text-transform: uppercase; margin-top: 0px\">\n            Boston University <br \/>\n            Questrom School of Business\n          <\/h6>\n                        <p class=\"has-p-2-font-size\" itemprop=\"address\">\n                Rafik B. Hariri Building <br \/>\n                595 Commonwealth Avenue <br \/>\n                Boston, MA 02215\n              <\/p>\n                  <\/div>\n          <\/div>\n  <\/aside><\/div>\n\n\n\n<div class=\"wp-block-column profile__right-column is-layout-flow wp-container-core-column-is-layout-986eed52 wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group profile__header-container has-global-padding is-layout-constrained wp-container-core-group-is-layout-0f22d0a1 wp-block-group-is-layout-constrained\" style=\"padding-right:0;padding-left:0\">\n<div class=\"wp-block-group profile__header-content has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\"><h2 class=\"wp-block-post-title\">Hao Xing<\/h2>\n<div class=\"alignfull wp-block-amp-profile-position\">\n\t\t\t<p class=\"has-text-align-left has-text-transform-uppercase has-p-2-font-size\" style=\"text-transform: uppercase; font-weight: 600\">\n\t\t\tAssociate Professor, Finance\t\t<\/p>\n\t<\/div>\n<\/div>\n<\/div>\n\n\n\n\n\n\n<div class=\"wp-block-amp-profile-data profile-data\">\n\n\n\n<div class=\"wp-block-group profile__data-section has-global-padding is-layout-constrained wp-block-group-is-layout-constrained wp-block-amp-profile-presentations\">\n\t<h5 class=\"wp-block-heading\" style=\"font-weight: 500\">\n\tSelected Research Presentations\t<\/h5>\n\n\t<div class=\"wp-block-group profile__data-row has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n\t\t<p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, h. Bank run from a mean-field game perspective, NYU Tandon, 2026<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, h. Process intangibles and agency conflicts, Finance seminar, Bentley University, 2025<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, h. Consumption habit and optimal contract, Minisymposia in SIAM Conference on Financial Mathematics and Engineering, 2025<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, h. Optimal contract, delegated investment, and information acquisition, Byrne Conference on Stochastic Analysis in Finance and Insurance, University of Michigan, 2025<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. Process intangibles and agency conflicts, Frontier Topics in Macro-Finance, University of Chicago, 2025<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. Executive Compensation and Pollution: Theory and Evidence, Risk and Stochastics seminar at London School of Economics, 2024<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. Robust Inattentive Discrete Choice, Economics Seminar at Bielefeld University, 2024<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice, 12th Bachelier Congress, 2024<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. Optimal contract, habit formation, and capital structure, BIRS workshop : New Trends and Challenges in Stochastic Differential Games, 2024<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. Robustness and Dynamic Sentiment, Finance seminar at UMass Amherst, 2024<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. Why is Cash U-Shaped in Firm Size?, Bachelier Finance Society One World Seminars, 2023<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, h. The dark side of circuit breaker, Recent Advances on Quantitative Finance, 2023<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. Process intangibles and agency conflicts, Summer Institute of Finance, 2023<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, h. Optimal dynamic contracts and pollution, 11th General AMAMEF conference, 2023<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, h. Monitoring and pay for long-run performance, Applications of Stochastic Control to Finance and Economics, 2023<\/p>\t\t<\/p>\n\t<\/div>\n<\/div>\n\n\n<div class=\"wp-block-group profile__data-section has-global-padding is-layout-constrained wp-block-group-is-layout-constrained wp-block-amp-profile-publications\">\n\t<h5 class=\"wp-block-heading\" style=\"font-weight: 500\">\n\tPublications\t<\/h5>\n\n\t<div class=\"wp-block-group profile__data-row has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n\t<p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Hansen, L., Miao, J., Xing, H. (In Press). &#8220;Robust Inattentive Discrete Choice&#8221;, <i>Proceedings of the National Academy of Sciences of the United States of America<\/i>, <i>122<\/i> (6)<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Balter, A., Maenhout, P., Xing, H. (In Press). &#8220;Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice&#8221;, <i>Journal of Finance<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Kakhbod, A., Reppen, A., Umar, T., Xing, H. (In Press). &#8220;Does the level of cash always increase with firm size? Theory and evidence from small firms&#8221;, <i>Review of Finance<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Vedolin, A., Xing, H., Maenhout, P. (In Press). &#8220;Robustness and Dynamic Sentiment&#8221;, <i>Journal of Financial Economics<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Miao, J., Xing, H. (In Press). &#8220;Dynamic discrete choice under rational inattention&#8221;, <i>Economic Theory<\/i>, <i>77<\/i> 597-692<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Chen, H., Petukhov, A., Wang, J., Xing, H. (In Press). &#8220;The Dark Side of Circuit Breakers&#8221;, <i>The Journal of Finance<\/i>, <i>79<\/i> (2),  1405-1455<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Kardaras, C., Xing, H., Zitkovic, G. (In Press). &#8220;Incomplete Stochastic Equilibria with Exponential Utilities: Close to Pareto Optimality&#8221;, <i>Stochastic Analysis, Filtering, and Stochastic Optimization: A Commemorative Volume to Honor Mark H. A. Davis&#8217;s Contributions<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Huang, Y., Ju, N., Xing, H. (2022). &#8220;Performance evaluation, managerial hedging and contract termination&#8221;, <i>Management Science<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Escauriaza, L., Schwarz, D., Xing, H. (2021). &#8220;Radner equilibrium and systems of quadratic BSDEs with discontinuous generators&#8221;, <i>Annals of Applied Probability<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Li, L., Xing, H. (2019). &#8220;Capital allocation under Fundamental Review of Trading Book&#8221;, <i>Risk<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Matoussi, A., Xing, H. (2018). &#8220;Convex duality for Epstein-Zin stochastic differential utility&#8221;, <i>Mathematical Finance<\/i><\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Cvitanic, J., Xing, H. (2018). &#8220;Equilibrium asset pricing under optimal contracts&#8221;, <i>Journal of Economic Theory<\/i>, <i>173<\/i> 142-180<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H., Zitkovic, G. (2018). &#8220;A class of globally solvable Markovian quadratic BSDE systems and applications&#8221;, <i>Annals of Probability<\/i>, <i>46<\/i> (1),  491-550<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Cvitanic, J., Xing, H. (2018). &#8220;Asset pricing under optimal contracts&#8221;, <i>Journal of Economic Theory<\/i>, <i>173<\/i> 142-180<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Cosso, A., Pham, H., Xing, H. (2017). &#8220;BSDEs with diffusion constraint and viscous Hamilton-Jacobi equations with unbounded data&#8221;, <i>Annales de l&#8217;Institut Henri Poincar\u00e9 (B) Probabilit\u00e9s et Statistiques<\/i>, <i>53<\/i> (4),  1528-1547<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Robertson, S., Xing, H. (2017). &#8220;Long-Term Optimal Investment in Matrix Valued Factor Models&#8221;, <i>SIAM Journal on Financial Mathematics<\/i>, <i>8<\/i> (1),  400-434<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. (2017). &#8220;Consumption investment optimization with Epstein-Zin Utility in incomplete markets&#8221;, <i>Finance and Stochastics<\/i>, <i>21<\/i> (1),  227-262<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. (2017). &#8220;Stability of the exponential utility maximization problem with respect to preferences&#8221;, <i>Mathematical Finance<\/i>, <i>27<\/i> 38-67<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Guasoni, P., Muhle-Karbe, J., Xing, H. (2017). &#8220;Robust portfolios and weak incentives in long-run investments&#8221;, <i>Mathematical Finance<\/i>, <i>27<\/i> (1),  3-37<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. (2017). &#8220;STABILITY OF THE EXPONENTIAL UTILITY MAXIMIZATION PROBLEM WITH RESPECT TO PREFERENCES&#8221;, <i>Mathematical Finance<\/i>, <i>27<\/i> (1),  38-67<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Robertson, S., Xing, H. (2015). &#8220;Large Time Behavior of Solutions to Semi-Linear Equations with Quadratic Growth in the Gradient&#8221;, <i>SIAM Journal on Control and Optimization<\/i>, <i>53<\/i> (1),  185-212<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Li, C., Xing, H. (2015). &#8220;Asymptotic Glosten&#8211;Milgrom Equilibrium&#8221;, <i>SIAM Journal on Financial Mathematics<\/i>, <i>6<\/i> (1),  242-280<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Guasoni, P., Kardaras, C., Robertson, S., Xing, H. (2014). &#8220;Abstract, classic, and explicit turnpikes&#8221;, <i>Finance and Stochastics<\/i>, <i>18<\/i> (1),  75-114<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Cetin, U., Xing, H. (2013). &#8220;Point process bridges and weak convergence of insider trading models&#8221;, <i>Electronic Journal of Probability<\/i>, <i>18<\/i> (none)<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Jena, R., Kim, K., Xing, H. (2012). &#8220;Long-term and blow-up behaviors of exponential moments in multi-dimensional affine diffusions&#8221;, <i>Stochastic Processes and their Applications<\/i>, <i>122<\/i> (8),  2961-2993<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Xing, H. (2012). &#8220;On backward stochastic differential equations and strict local martingales&#8221;, <i>Stochastic Processes and their Applications<\/i>, <i>122<\/i> (6),  2265-2291<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Bayraktar, E., Kardaras, C., Xing, H. (2012). &#8220;Strict local martingale deflators and valuing American call-type options&#8221;, <i>Finance and Stochastics<\/i>, <i>16<\/i> (2),  275-291<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Bayraktar, E., Kardaras, C., Xing, H. (2012). &#8220;Valuation Equations for Stochastic Volatility Models&#8221;, <i>SIAM Journal on Financial Mathematics<\/i>, <i>3<\/i> (1),  351-373<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Bayraktar, E., Xing, H. (2012). &#8220;Regularity of the Optimal Stopping Problem for Jump Diffusions&#8221;, <i>SIAM Journal on Control and Optimization<\/i>, <i>50<\/i> (3),  1337-1357<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Bayraktar, E., Xing, H. (2011). &#8220;Pricing Asian Options for Jump Diffusion&#8221;, <i>Mathematical Finance<\/i>, <i>21<\/i> (1),  117-143<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Bayraktar, E., Xing, H. (2010). &#8220;On the uniqueness of classical solutions of Cauchy problems&#8221;, <i>Proceedings of the American Mathematical Society<\/i>, <i>138<\/i> (6),  2061-2064<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Bayraktar, E., Xing, H. (2009). &#8220;Pricing American options for jump diffusions by iterating optimal stopping problems for diffusions&#8221;, <i>Mathematical Methods of Operations Research<\/i>, <i>70<\/i> (3),  505-525<\/p><p class=\"has-text-align-left has-neutral-01-color has-text-color has-link-color has-p-2-font-size\">Bayraktar, E., Xing, H. (2009). &#8220;Analysis of the Optimal Exercise Boundary of American Options for Jump Diffusions&#8221;, <i>SIAM Journal on Mathematical Analysis<\/i>, <i>41<\/i> (2),  825-860<\/p>\t\t<\/p>\n\t<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"bu_is_from_api":true,"buID":"U13272285","lastName":"Xing","firstName":"Hao","middleName":"","suffixName":"","phone":"617-353-9644","email":"haoxing@bu.edu","pronouns":"","cv":"http:\/\/questromapps.bu.edu\/faculty\/uploadFiles\/cvUploadsProfile\/FE_Xing_Hao_CV.pdf","website":"https:\/\/sites.google.com\/view\/hao-xing\/home","office":"546C","address":"595 Commonwealth Ave","bio":"","bu_profile_image_url":"http:\/\/questromapps.bu.edu\/images\/facstaff\/XingHao.jpg","position":["Associate Professor, Finance"],"education":[],"publications":["Hansen, L., Miao, J., Xing, H. (In Press). \"Robust Inattentive Discrete Choice\", <i>Proceedings of the National Academy of Sciences of the United States of America<\/i>, <i>122<\/i> (6)","Balter, A., Maenhout, P., Xing, H. (In Press). \"Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice\", <i>Journal of Finance<\/i>","Kakhbod, A., Reppen, A., Umar, T., Xing, H. (In Press). \"Does the level of cash always increase with firm size? Theory and evidence from small firms\", <i>Review of Finance<\/i>","Vedolin, A., Xing, H., Maenhout, P. (In Press). \"Robustness and Dynamic Sentiment\", <i>Journal of Financial Economics<\/i>","Miao, J., Xing, H. (In Press). \"Dynamic discrete choice under rational inattention\", <i>Economic Theory<\/i>, <i>77<\/i> 597-692","Chen, H., Petukhov, A., Wang, J., Xing, H. (In Press). \"The Dark Side of Circuit Breakers\", <i>The Journal of Finance<\/i>, <i>79<\/i> (2),  1405-1455","Kardaras, C., Xing, H., Zitkovic, G. (In Press). \"Incomplete Stochastic Equilibria with Exponential Utilities: Close to Pareto Optimality\", <i>Stochastic Analysis, Filtering, and Stochastic Optimization: A Commemorative Volume to Honor Mark H. A. Davis's Contributions<\/i>","Huang, Y., Ju, N., Xing, H. (2022). \"Performance evaluation, managerial hedging and contract termination\", <i>Management Science<\/i>","Escauriaza, L., Schwarz, D., Xing, H. (2021). \"Radner equilibrium and systems of quadratic BSDEs with discontinuous generators\", <i>Annals of Applied Probability<\/i>","Li, L., Xing, H. (2019). \"Capital allocation under Fundamental Review of Trading Book\", <i>Risk<\/i>","Matoussi, A., Xing, H. (2018). \"Convex duality for Epstein-Zin stochastic differential utility\", <i>Mathematical Finance<\/i>","Cvitanic, J., Xing, H. (2018). \"Equilibrium asset pricing under optimal contracts\", <i>Journal of Economic Theory<\/i>, <i>173<\/i> 142-180","Xing, H., Zitkovic, G. (2018). \"A class of globally solvable Markovian quadratic BSDE systems and applications\", <i>Annals of Probability<\/i>, <i>46<\/i> (1),  491-550","Cvitanic, J., Xing, H. (2018). \"Asset pricing under optimal contracts\", <i>Journal of Economic Theory<\/i>, <i>173<\/i> 142-180","Cosso, A., Pham, H., Xing, H. (2017). \"BSDEs with diffusion constraint and viscous Hamilton-Jacobi equations with unbounded data\", <i>Annales de l'Institut Henri Poincar\u00e9 (B) Probabilit\u00e9s et Statistiques<\/i>, <i>53<\/i> (4),  1528-1547","Robertson, S., Xing, H. (2017). \"Long-Term Optimal Investment in Matrix Valued Factor Models\", <i>SIAM Journal on Financial Mathematics<\/i>, <i>8<\/i> (1),  400-434","Xing, H. (2017). \"Consumption investment optimization with Epstein-Zin Utility in incomplete markets\", <i>Finance and Stochastics<\/i>, <i>21<\/i> (1),  227-262","Xing, H. (2017). \"Stability of the exponential utility maximization problem with respect to preferences\", <i>Mathematical Finance<\/i>, <i>27<\/i> 38-67","Guasoni, P., Muhle-Karbe, J., Xing, H. (2017). \"Robust portfolios and weak incentives in long-run investments\", <i>Mathematical Finance<\/i>, <i>27<\/i> (1),  3-37","Xing, H. (2017). \"STABILITY OF THE EXPONENTIAL UTILITY MAXIMIZATION PROBLEM WITH RESPECT TO PREFERENCES\", <i>Mathematical Finance<\/i>, <i>27<\/i> (1),  38-67","Robertson, S., Xing, H. (2015). \"Large Time Behavior of Solutions to Semi-Linear Equations with Quadratic Growth in the Gradient\", <i>SIAM Journal on Control and Optimization<\/i>, <i>53<\/i> (1),  185-212","Li, C., Xing, H. (2015). \"Asymptotic Glosten--Milgrom Equilibrium\", <i>SIAM Journal on Financial Mathematics<\/i>, <i>6<\/i> (1),  242-280","Guasoni, P., Kardaras, C., Robertson, S., Xing, H. (2014). \"Abstract, classic, and explicit turnpikes\", <i>Finance and Stochastics<\/i>, <i>18<\/i> (1),  75-114","Cetin, U., Xing, H. (2013). \"Point process bridges and weak convergence of insider trading models\", <i>Electronic Journal of Probability<\/i>, <i>18<\/i> (none)","Jena, R., Kim, K., Xing, H. (2012). \"Long-term and blow-up behaviors of exponential moments in multi-dimensional affine diffusions\", <i>Stochastic Processes and their Applications<\/i>, <i>122<\/i> (8),  2961-2993","Xing, H. (2012). \"On backward stochastic differential equations and strict local martingales\", <i>Stochastic Processes and their Applications<\/i>, <i>122<\/i> (6),  2265-2291","Bayraktar, E., Kardaras, C., Xing, H. (2012). \"Strict local martingale deflators and valuing American call-type options\", <i>Finance and Stochastics<\/i>, <i>16<\/i> (2),  275-291","Bayraktar, E., Kardaras, C., Xing, H. (2012). \"Valuation Equations for Stochastic Volatility Models\", <i>SIAM Journal on Financial Mathematics<\/i>, <i>3<\/i> (1),  351-373","Bayraktar, E., Xing, H. (2012). \"Regularity of the Optimal Stopping Problem for Jump Diffusions\", <i>SIAM Journal on Control and Optimization<\/i>, <i>50<\/i> (3),  1337-1357","Bayraktar, E., Xing, H. (2011). \"Pricing Asian Options for Jump Diffusion\", <i>Mathematical Finance<\/i>, <i>21<\/i> (1),  117-143","Bayraktar, E., Xing, H. (2010). \"On the uniqueness of classical solutions of Cauchy problems\", <i>Proceedings of the American Mathematical Society<\/i>, <i>138<\/i> (6),  2061-2064","Bayraktar, E., Xing, H. (2009). \"Pricing American options for jump diffusions by iterating optimal stopping problems for diffusions\", <i>Mathematical Methods of Operations Research<\/i>, <i>70<\/i> (3),  505-525","Bayraktar, E., Xing, H. (2009). \"Analysis of the Optimal Exercise Boundary of American Options for Jump Diffusions\", <i>SIAM Journal on Mathematical Analysis<\/i>, <i>41<\/i> (2),  825-860"],"presentations":["Xing, h. Bank run from a mean-field game perspective, NYU Tandon, 2026","Xing, h. Process intangibles and agency conflicts, Finance seminar, Bentley University, 2025","Xing, h. Consumption habit and optimal contract, Minisymposia in SIAM Conference on Financial Mathematics and Engineering, 2025","Xing, h. Optimal contract, delegated investment, and information acquisition, Byrne Conference on Stochastic Analysis in Finance and Insurance, University of Michigan, 2025","Xing, H. Process intangibles and agency conflicts, Frontier Topics in Macro-Finance, University of Chicago, 2025","Xing, H. Executive Compensation and Pollution: Theory and Evidence, Risk and Stochastics seminar at London School of Economics, 2024","Xing, H. Robust Inattentive Discrete Choice, Economics Seminar at Bielefeld University, 2024","Xing, H. Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice, 12th Bachelier Congress, 2024","Xing, H. Optimal contract, habit formation, and capital structure, BIRS workshop : New Trends and Challenges in Stochastic Differential Games, 2024","Xing, H. Robustness and Dynamic Sentiment, Finance seminar at UMass Amherst, 2024","Xing, H. Why is Cash U-Shaped in Firm Size?, Bachelier Finance Society One World Seminars, 2023","Xing, h. The dark side of circuit breaker, Recent Advances on Quantitative Finance, 2023","Xing, H. Process intangibles and agency conflicts, Summer Institute of Finance, 2023","Xing, h. Optimal dynamic contracts and pollution, 11th General AMAMEF conference, 2023","Xing, h. Monitoring and pay for long-run performance, Applications of Stochastic Control to Finance and Economics, 2023"],"awards_honors":["2025, Broderick Research award, Questrom School of Business"]},"ambassador-type":[],"career-interest":[],"citizenship":[],"club-organization":[],"current-country":[],"current-industry":[],"region":[],"state":[],"undergraduate-major":[],"profile_types":[16],"faculty-departments":[1171],"staff-departments":[],"phd-student-departments":[],"programs":[],"directory-types":[35],"class_list":["post-9927","profiles","type-profiles","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hao Xing - Boston University Questrom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bu.edu\/questrom\/profiles\/hao-xing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hao Xing - 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