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Stathis Tompaidis


Department:     Finance, Information, Risk & Operations Management

Industry Areas:     Capital Markets, Energy

Research Areas:     Asset Pricing, Derivatives, Risk Management

Stathis Tompaidis headshot

Stathis Tompaidis is a professor for the Department of Information, Risk, and Operations Management and, by courtesy appointment, the Department of Finance at The University of Texas at Austin’s McCombs School of Business.

Tompaidis teaches undergraduate, MBA, and Ph.D. classes in statistics and modeling, business analytics and decision making, financial engineering, computational finance, financial modeling, and other areas.

His research lies at the intersection of management science and finance. He has worked on problems in several areas: financial derivatives markets, market microstructure, asset management, real estate, energy markets and energy reliability, and financial regulation and financial stability. His research has appeared in journals such as the Journal of Finance, Journal of Financial Economics, Operations Research, and Management Science.

He has held visiting positions at Columbia University, Duke University, the Instituto Tecnológico Autónomo de México (ITAM), and Northwestern University, and he has worked with the European Central Bank and the International Monetary Fund. Tompaidis also served as associate director of the Financial Markets group and as acting associate director for the Financial Institutions and Risk Management group at the U.S. Department of the Treasury Office of Financial Research.

He holds a Ph.D. in physics from UT Austin and a B.Sc. in physics from Aristotle University of Thessaloniki.

Feihong Hu, Daniel Mitchell, and Stathis Tompaidis. Robust Financial Networks.
Operations Research.  Forthcoming.

Magdalena Grother, N. Aaron Pancost, and Stathis Tompaidis. Sept. 2023. Collateral Competition: Evidence from Central Counterparties.
Journal of Financial Economics 149(3): 536-5566.

Hamed Ghoddusi, Sheridan Titman, and Stathis Tompaidis.  May 2023. Hedging Commodity Price Risk. 
Journal of Financial and Quantitative Analysis 58(3): 1202-1229.

Stathis Tompaidis. Comments on "Network Structure and Its Impact on Commodity Markets". Production and Operations Management, forthcoming.


Vishwakant Malladi, Rafael Mendoza-Arriaga, and Stathis Tompaidis. 2020. Modeling Dependent Outages of Electric Power Plants. Operations Research 68(1), 1-15.


Daniel Mitchell, Jedrzej Bialkowski, and Stathis Tompaidis. 2020. Volume-weighted Average Price Tracking: A Theoretical and Empirical Study. IISE Transactions 52(8), 864-889.


Ron Kaniel, Stathis Tompaidis, and Ti Zhou. 2019. Impact of Managerial Commitment on Risk Taking with Dynamic Fund Flows. Management Science 65(7), 3174-3195.


Viktoria Baklanova, Ocean Dalton, and Stathis Tompaidis. 2018. Benefits and Risks of Central Clearing in the Repurchase Agreement Market. Journal of Financial Market Infrastructures 7(1), 1-14.


Paul Ehling, Michael Gallmeyer, Sanjay Srivastava, Stathis Tompaidis, and Chunyu Yang. 2018. Portfolio Tax Trading with Carryover Losses. Management Science 64(9), 4156-76.


Herve Roche, Stathis Tompaidis, and Chunyu Yang. 2013. Why Does Junior Put All His Eggs in One Basket? A Potential Rational Explanation for Holding Concentrated Portfolios. Journal of Financial Economics 109(3), 775-796.


Claudio Albanese, Harry Lo, and Stathis Tompaidis. 2012. A Numerical Algorithm for Pricing Electricity Derivatives for Jump-Diffusion Processes Based on Continuous Time Lattices. European Journal of Operational Research 222(2), 361-368.


Ehud I. Ronn, Akin Sayrak, and Stathis Tompaidis. 2009. The Impact of Large Changes in Asset Prices on Intra-Market Correlations in the Domestic and International Markets. Financial Review 44, 405-436.


Ron Kaniel, Stathis Tompaidis, and Alexander Zemlianov. 2008. Efficient Computation of Hedging Parameters for Discretely Exercisable Options. Operations Research 56, 811-826.


Albanese, Claudio, and Stathis Tompaidis. 2008. Small Transaction Cost Asymptotics and Dynamic Hedging. European Journal of Operational Research 185, 1404-1414.


Baldick, Ross, Kolos, Sergey, and Stathis Tompaidis. 2006. Interruptible Electricity Contracts from an Electricity Retailer's Point of View: Valuation and Optimal Interruption. Operations Research 54, 627-642.


Sheridan Titman, Stathis Tompaidis, and Sergey Tsyplakov. 2005. Determinants of Credit Spreads in Commercial Mortgages. Real Estate Economics 33, 711-738.


Stathis Tompaidis, Michael Gallmeyer, and Ron Kaniel. 2005. Tax Management Strategies with Multiple Risky Assets. Journal of Financial Economics 54, 627-642.


Sheridan Titman, Stathis Tompaidis, and Sergey Tsyplakov. 2004. Market Imperfections, Investment Flexibility, and Default Spreads. Journal of Finance 59.


Patrick Jaillet, Ehud I. Ronn, and Stathis Tompaidis. 2004. Valuation of Commodity-Based Swing Options. Management Science 50, 909-911.


Stathis Tompaidis and Mihaela Manoliu. 2002. Energy Futures Prices: Term Structure Models with Kalman Filter Estimation. Applied Mathematical Finance 9, 21-43.


Stathis Tompaidis and Christopher Kenyon. 2001. Real Options in Leasing: The Effect of Idle Time. Operations Research 49, 675-689.


Stathis Tompaidis. 1996. Approximation of Invariant Surfaces by Periodic Orbits in High-Dimensional Maps. Some Rigorous Results. Experimental Mathematics 5, 197-209.


Stathis Tompaidis. 1996. Numerical Study of Invariant Sets of a Quasi-Periodic Perturbation of a Symplectic Map. Experimental Mathematics5, 211-230.


Stathis Tompaidis and Rafael de la Llave. 1995. On the Singularity Structure of Invariant Curves of Symplectic Mappings.5, 227-237.


Stathis Tompaidis and Rafael de la Llave. 1994. Computation of Domains of Analyticity for Some Perturbative Expansions from Mechanics. Physica D 71, 55-81.


Stathis Tompaidis and Raphael de la Llave. 1994. Nature of Singularities for Analyticity Domains of Invariant Curves. Physical Review Letters73, 1459-1463.