Academic profile
Guillermo Alonso Alvarez
Postdoctoral Assistant Professor
University of Michigan
Guillermo Alonso Alvarez is a Postdoctoral Assistant Professor at the University of Michigan, where he works with Prof. Erhan Bayraktar and Prof. Ibrahim Ekren. Before joining Michigan, he completed his PhD at Illinois Tech under the supervision of Prof. Sergey Nadtochiy.
About
A research-focused homepage grounded in Guillermo’s existing academic site.
Guillermo Alonso Alvarez is a Postdoctoral Assistant Professor at the University of Michigan, where he works with Prof. Erhan Bayraktar and Prof. Ibrahim Ekren. Before joining Michigan, he completed his PhD at Illinois Tech under the supervision of Prof. Sergey Nadtochiy.
This updated version starts from the content and structure of Guillermo’s prior Google
Sites homepage while presenting it in a more polished, modern, and readable web layout.
Research interests
Core areas of work.
Stochastic ControlContract TheoryMean Field GamesMachine LearningFinancial MathematicsActuarial Mathematics
Research papers and publications
Selected publications and current work.
- G.A. Alvarez, I. Ekren, L. Huang — "Contracting with discretionary bonuses". Submitted for publication. arXiv:2511.23424.
- G. A. Alvarez, E. Bayraktar, I. Ekren — "Contracting a crowd of heterogeneous agents". Submitted for publication. arXiv:2507.09415.
- G. A. Alvarez, I. Ekren, A. Krastios, X. Yang — "Neural operators can play dynamic Stackelberg games". Journal of Machine Learning Research, 26(303):1−61.
- G. A. Alvarez, E. Bayraktar, I. Ekren, L. Huang — "Sequential optimal contracting in continuous time". Frontiers of Mathematical Finance, 2025, 4:114-139.
- G.A. Alvarez, S. Nadtochiy — "Optimal contract design via relaxation: application to the problem of brokerage fee for a client with private signal". Finance and Stochastics (2025).
- G. A. Alvarez, S. Nadtochiy, K. Webster — "Optimal brokerage contracts in Almgren-Chriss model with multiple clients". SIAM Journal on Financial Mathematics 14(3):855-878.
Teaching
Courses taught at Michigan.
- Fall 2023, 2024, 2025 — MATH 472: Numerical Analysis with Financial Applications, University of Michigan.
- Winter 2024, 2026 — MATH 474: Introduction to Stochastic Analysis with Financial Applications, University of Michigan.
- Winter 2025 — MATH 574: Continuous Time Mathematical Finance, University of Michigan.
Awards
Recent recognition.
- Allen Shields Outstanding Postdoctoral Professor Teaching Award in Mathematics, University of Michigan (2025).
- Best PhD Thesis in Applied Mathematics, Illinois Tech (2023).
- College of Computing Excellence in Teaching Assistance Award, Illinois Tech (2023).
Recent talks
Conferences and seminar appearances.
- Seminar on Mathematical Finance and Stochastics, Illinois Tech — November 2025.
- Seminar on Mathematical Finance, University of Michigan — September 2025.
- SIAM Conference on Financial Mathematics and Engineering, Miami — July 2025.
- Byrne B2A2 Conference, University of Michigan — June 2025.
- AMS Eastern Sectional Meeting, Hartford — April 2025.
- Joint Mathematics Meeting, Seattle — January 2025.
- Seminar on Mathematical Finance, University of Michigan — December 2024.
- Peter Carr Memorial Conference, University of Maryland — November 2024.