Daniel Bauer is the Hickman-Larson Chair in Actuarial Science and current chair of the Department of Risk and Insurance at the Wisconsin School of Business.
Prior to joining the faculty at UW-Madison, Bauer was the Dai-ichi Life Insurance Company Endowed Chair in Actuarial Science and Risk Management at Culverhouse College of Commerce at the University of Alabama and Robert W. Batten Chair in Actuarial Science at the J. Mack Robinson College of Business at Georgia State University.
Professor Bauer’s research interests are at the interface of actuarial science, quantitative finance, and insurance economics.
Professor Bauer earned his MS in Statistics from San Diego State University and his PhD in Mathematics from Ulm University.
Selected Accepted Journal Articles
Moenig, T. & Bauer, D. (2022). Cheaper by the Bundle: The Interaction of Frictions and Option Exercise in Variable Annuities. Journal of Risk and Insurance
Bauer, D. & Zhu, N. (2021). Modeling and Forecasting Mortality Projections Operations Research
Selected Published Journal Articles
Ha, H. & Bauer, D. (2022). A Least-Squares Monte Carlo Approach to the Calculation of Capital Requirements Finance and Stochastics
Bauer, D. & Zanjani, G. (2021). Economic capital and RAROC in a dynamic model Journal of Banking and Finance
Guo, Q. & Bauer, D. (2021). Different Shades of Risk: Mortality Trends Implied by Term Insurance Prices North American Actuarial Journal
Schilling, K. & Bauer, D. & Christiansen, M. & Kling, A. (2020). Decomposing Dynamic Risks into Risk Components Management Science
Bauer, D. & Russ, J. & Zhu, N. (2020). Asymmetric Information in Secondary Insurance Markets: Evidence from the Life Settlement Market Quantitative Economics
Bauer, D. & Kamiya, S. & Ping, X. & Zanjani, G. (2019). Dynamic Capital Allocation with Irreversible Investments Insurance: Mathematics and Economics
Bauer, D. & Fasano, M. & Russ, J. & Zhu, N. (2018). Evaluating Life Expectancy Evaluations North American Actuarial Journal
Bauer, D. & Gao, J. & Monig, T. & Ulm, E. & Zhu, N. (2017). Policyholder Exercise Behavior in Life Insurance: The State of Affairs North American Actuarial Journal
Bauer, D. & Kramer, F. (2016). The Risk of a Mortality Catastrophe Journal of Business and Economic Statistics
Bauer, D. & Zanjani, G. (2016). The Marginal Cost of Risk, Risk Measures, and Capital Allocation Management Science
Monig, T. & Bauer, D. (2016). Revisiting the Risk-Neutral Approach to Optimal Policyholder Behavior: A Study of Withdrawal Guarantees in Variable Annuities Review of Finance
Zhu, N. & Bauer, D. (2014). A Cautionary Note on Natural Hedging of Longevity North American Actuarial Journal
Zhu, N. & Bauer, D. (2013). Coherent Pricing of Life Settlements Under Asymmetric Information Journal of Risk and Insurance
Bauer, D. & Phillips, R. & Zanjani, G. (2013). Financial Pricing of Insurance Handbook of Insurance, 2nd Edition
Guo, Q. & Bauer, D. & Zanjani, G. (2021). Capital Allocation Techniques: Review and Comparison Variance
Bauer, D. & Bauer, D. & Embrechts, P. & Filipovic, D. & Koch, P. & Korn, R. & Loisel, S. & Pelsser, A. & Schiller, F. & Schmeiser, H. & Wagner, J. (2018). Asset-Liability Management for Long-Term Insurance Business. European Actuarial Journal
Editorial and Reviewing Activities
Annals of Actuarial Science – Since January 2021
Journal of Risk and Insurance – Since January 2019
North American Actuarial Journal – Since January 2018
Insurance: Mathematics and Economics – Since January 2017
ASTIN Bulletin-the Journal of the International Actuarial Association – January 2012 – December 2018