Philip Z. Maymin

NYU School of Engineering
Department of Finance and Risk Engineering
Six MetroTech Center
Brooklyn, NY 11201

Tel: (718)260-3175
Fax: (718)260-3355

Email: philip@maymin.com
http://www.philipmaymin.com


Academic Appointment

2008-present, NYU-Polytechnic Institute, Assistant Professor of Finance and Risk Engineering

Education

2007, Ph.D. in Finance from University of Chicago Booth School of Business
1997, M.S. in Applied Mathematics from Harvard University
1997, B.A. in Computer Science from Harvard University

Editorial Boards

2010-present, Founding Managing Editor, Algorithmic Finance
2011, Co-editor of special issue on behavioral finance, Risk and Decision Analysis 2:3
2013, Co-editor of special issue of Journal of Behavioral Finance & Economics
2014-present, Founding Co-Editor-in-Chief, Journal of Sports Analytics

Research Field

Algorithmic finance

Published and Forthcoming Academic Papers

  1. Maymin, Philip Z.; Maymin, Zakhar G. (2013), "Maimonides Risk Parity," Quantitative Finance Letters 1:1, 55-59.
  2. Fisher, Gregg S.; Maymin, Philip Z.; Maymin, Zakhar G. (2014), "Mutual Fund Outperformance and Growth," Journal of Investment Management 12:2, 8-13.
  3. Fisher, Gregg S.; Maymin, Philip Z.; Maymin, Zakhar G. (2014), "Risk Parity Optimality," Journal of Portfolio Management forthcoming.
  4. Maymin, Philip Z. (2014), "A New Algorithmic Approach to Entangled Political Economy: Insights from the Simplest Models of Complexity," Advances in Austrian Economics forthcoming.
  5. Maymin, Philip Z.; Maymin, Zakhar G.; Fisher, Gregg S. (2014), "Momentum's Hidden Sensitivity to the Starting Day," Journal of Investing 23:2, 114-123.
  6. Maymin, Philip Z. (2013), "Schizophrenic Representative Investors," Complex Systems 22:1, 61-73.
  7. Maymin, Allan; Maymin, Philip Z.; Shen, Eugene (2013), "NBA Chemistry: Positive and Negative Synergies in Basketball," International Journal of Computer Science in Sport 12:2, 4-23.
  8. Maymin, Allan; Maymin, Philip Z.; Shen, Eugene (2012), "Individual Factors of Successful Free Throw Shooting," Journal of Quantitative Analysis in Sports 8:3, doi:10.1515/1559-0410.1414.
  9. Maymin, Philip Z.; Maymin, Zakhar G. (2012), "Any Regulation of Risk Increases Risk," Financial Markets and Portfolio Management 26:3, 299-313.
  10. Maymin, Allan; Maymin, Philip Z.; Shen, Eugene (2012), "How Much Trouble is Early Foul Trouble?", International Journal of Sport Finance 7:4, 324-339.
  11. Maymin, Philip Z.; Maymin, Zakhar G. (2011), "Constructing the Best Trading Strategy: A New General Framework," Journal of Investment Strategies 1:1, 1-22.
  12. Maymin, Philip Z. (2012), "Music and the Market: Song and Stock Volatility," North American Journal of Economics and Finance 23:1, 70-85.
  13. Maymin, Philip Z. (2011), "Markets are Efficient If and Only If P=NP," Algorithmic Finance 1:1, 1-11.
  14. Maymin, Philip Z. (2011), "Self-Imposed Limits to Arbitrage," Journal of Applied Finance 21:2, 88-105.
  15. Maymin, Philip Z.; Fisher, Gregg S. (2011), "Past Performance is Indicative of Future Beliefs", Risk and Decision Analysis 2:3, 145-150.
  16. Maymin, Philip Z. (2011), "The Minimal Model of Financial Complexity," Quantitative Finance 11:9, 1371-1378.
  17. Maymin, Philip Z.; Fisher, Gregg S. (2011), "Preventing Emotional Investing: An Added Value of an Investment Advisor," Journal of Wealth Management 13:4, 34-43.
  18. Maymin, Philip Z.; Lim, Tai Wei (2012), "The Iron Fist vs. the Invisible Hand: Interventionism and libertarianism in environmental economic discourses", World Review of Entrepreneurship, Management and Sustainable Development 8:3, 358-374.
  19. Maymin, Philip Z. (2011), "Metanoia and the Market", Journal of Behavioral Finance & Economics 1:1, Winter 2011, pp.27-42.
  20. Maymin, Philip Z. (2009), "Regulation Simulation", European Journal of Finance and Banking Research 2:2, 1-12.
  21. Maymin, Philip Z. (2009), "The Hazards of Propping Up: Bubbles and Chaos," The International Journal of Business and Finance Research 3:2, 83-93.
  22. Maymin, Philip Z. (2009), "Prospect Theory and Fat Tails," Risk and Decision Analysis 1:3, 187-195.

Published Academic Editorials

  1. Maymin, Philip Z. (2011), "Behavioral Finance Has Come of Age", Risk and Decision Analysis 2:3, 125.
  2. Maymin, Philip Z. (2011), "Why Financial Regulation is Doomed to Fail", Library of Economics and Liberty, March 2011.

Published Textbooks

  1. Maymin, Philip Z. (2012), Financial Hacking, World Scientific Press, ISBN-13: 978-9814322553.

Conference Proceedings and Book Chapters

  1. Maymin, Allan; Maymin, Philip Z.; Shen, Eugene (2012), "NBA Chemistry: Positive and Negative Synergies in Basketball," Proceedings of the 6th Annual MIT Sloan Sports Analytics Conference.
  2. Maymin, Philip Z. (2013), "A New Kind of Finance," in Irreducibility and Computational Equivalence: 10 Years After Wolfram's A New Kind of Science, Hector Zenil, ed., Springer Verlag.
  3. Maymin, Allan; Maymin, Philip Z.; Shen, Eugene (2011), "How Much Trouble is Early Foul Trouble?", Proceedings of the 5th Annual MIT Sloan Sports Analytics Conference.
  4. Maymin, Philip Z. (2013), "Acceleration in the NBA: Towards an Algorithmic Taxonomy of Basketball Plays," Proceedings of the 7th Annual MIT Sloan Sports Analytics Conference.
  5. Maymin, Philip Z. (2003), "Programming Complex Systems," in Yaneer Bar-Yam (Ed.), Unifying Themes in Complex Systems, Vol. I, Proceedings of the First International Conference on Complex Systems (1997), Chapter 32, pp. 325-341, Colorado: Westview Press.

Working Papers

  1. Maymin, Philip Z. (2014), "Profiting from Machine Learning in the NBA Draft," Working Paper.
  2. Maymin, Philip Z. (2013), "Acceleration in the NBA: Towards an Algorithmic Taxonomy of Basketball Plays," Working Paper.

Conference Presentations and Invited Talks

  1. 2013 Social Mood Conference, April 13, 2013
  2. 2nd Annual Meeting of the Academy of Behavioral Finance and Economics, September 16, 2010
  3. 3rd Annual Meeting of the Academy of Behavioral Finance and Economics, September 22, 2011
  4. 3rd Biennial Workshop on Austrian Economics at the Wirth Institute for Austrian and Central European Studies, University of Alberta.
  5. 5th Annual CARISMA Conference, February 2, 2010
  6. 5th Annual MIT Sloan Sports Analytics Conference, March 5, 2011
  7. 6th Annual MIT Sloan Sports Analytics Conference, March 2-3, 2012
  8. 7th Annual MIT Sloan Sports Analytics Conference, March 1-2, 2013
  9. 9th Annual Columbia-JAFEE Conference on Quantitative Finance, March 10, 2010
  10. Columbia University Portfolio Management Seminar Program, June 7, 2013
  11. Columbia University Portfolio Management Seminar Program, May 23, 2012
  12. Columbia University Portfolio Management Seminar Program, May 26, 2011
  13. Cornell Financial Engineering Manhattan, September 28, 2011
  14. Gerstein Fisher, July 12, 2011
  15. Gerstein Fisher, November 11, 2009
  16. Grantland
  17. IAFE/Thalesians Seminar Series, October 8, 2012
  18. International Research Forum at the Hong Kong Polytechnic University and International Conference in Applied Statistics & Financial Mathematics, December 17, 2010
  19. Kent State University, September 24, 2010
  20. NYU-Poly Alumni Day, May 16, 2010
  21. NYU-Poly Alumni Day, May 22, 2011
  22. NYU Stern IOMS-IS Research Seminar, February 10, 2011
  23. Oliver Wyman, November 19, 2010
  24. PRMIA Panel on Risk, Regulation, and Reality, February 19, 2014
  25. Raising the Bar, April 29, 2014
  26. Society of Actuaries, October 18, 2011
  27. Southern Economic Association, November 19, 2011
  28. Stanford University Workshop on Capitalism's Crises, October 14, 2010
  29. TEDxNSIT, "The Nature of Genius", March 30, 2010
  30. The Innovation Enterprise Sports Analytics Summit, September 10-11, 2014

Graduate Teaching Experience

Professional Service

University Service

Departmental Service

Student Advising

Media and Press

  1. American Banker (2010)
  2. AOL Daily Finance
  3. Basketball Prospectus
  4. Basketball Prospectus (2012)
  5. BBC Radio Ulster
  6. Belgian business and economics newspaper De Tijd
  7. Bloomberg
  8. Boston Globe
  9. CBS MoneyWatch
  10. CBS Sports
  11. CJAD
  12. CNBC
  13. Deadspin
  14. Elliott Wave International
  15. ESPN
  16. ESPN TrueHoop
  17. ESPN TrueHoop (2011)
  18. ESPN TrueHoop (2012)
  19. ESPN TV
  20. Fairfield County Weekly
  21. Financial Times
  22. Financial Times Deutschland
  23. Forbes Magazine
  24. Forbes Online (2010)
  25. Forbes Online (2011)
  26. Fox News
  27. German-language Swiss daily Tages-Anzeiger
  28. Globe and Mail
  29. Grantland
  30. Guardian (UK)
  31. InvestmentNews
  32. Laptop Rockers
  33. LewRockwell.com
  34. Library of Economics and Liberty
  35. MarketWatch
  36. Medium
  37. Newsweek Poland
  38. New York Post
  39. New York Times
  40. NPR's All Things Considered
  41. NPR's Here and Now
  42. NYU News
  43. NYU-Poly website
  44. NYU Press Room
  45. SAP
  46. Sina Sports
  47. Sirius/XM
  48. Slate
  49. SmartMoney.com
  50. Sports Illustrated
  51. Studio 360
  52. The Atlantic
  53. The Rachel Maddow Show on MSNBC
  54. The Takeaway on WNYC
  55. The Wages of Wins Journal
  56. USA Today
  57. WABC
  58. Wall St. Cheat Sheet
  59. Washington Square News
  60. Whitebox Selected Research
  61. Yahoo! Sports

Blogs and Other Web Discussions

  1. Abnormal Returns
  2. ActiveRain
  3. AdvisorOne (1 comment)
  4. Andart
  5. APBRmetrics
  6. APBRmetrics (35 comments)
  7. Barry Ritholtz (8 comments)
  8. Baylor Fans (3 comments)
  9. Bogleheads (24 comments)
  10. CXO Advisory
  11. Discourse.net (8 comments)
  12. Falkenblog (1 comment)
  13. Fighting Illini Basketball (12 comments)
  14. Hornets247
  15. Maniagnosis
  16. Marginal Revolution (1 comment)
  17. Marginal Revolution (2010) (22 comments)
  18. Marginal Revolution (2011) (14 comments)
  19. Marginal Revolution (31 comments)
  20. Marginal Revolution (5 comments)
  21. Mind Your Decisions
  22. Modeled Behavior (1 comment)
  23. Paul Kedrosky
  24. Portfolio Wizards
  25. Reddit Compsci (2011) (157 comments)
  26. Reddit Compsci (2013) (76 comments)
  27. Reddit Economics (2010) (106 comments)
  28. Reddit Economics (2010) (26 comments)
  29. Reddit Economics (2011) (41 comments)
  30. Reddit Main Site (8 comments)
  31. Reddit Math (2010) (11 comments)
  32. Reddit Math (2011) (16 comments)
  33. Reddit Programming (2010) (23 comments)
  34. Sports Analytics Blog
  35. Truepoint Investor
  36. Wages of Wins (8 comments)
  37. YCombinator Hacker News (15 comments)
  38. YCombinator Hacker News (2010) (58 comments)
  39. YCombinator Hacker News (2011) (83 comments)

Social Science Research Network (SSRN) Top Ten Download Lists

  1. All SSRN Journals
  2. Banking & Financial Institutions eJournal
  3. Banking & Financial Institutions Journals
  4. Behavioral & Experimental Finance
  5. Behavioral & Experimental Finance (Editor's Choice) eJournal
  6. Behavioral & Experimental Finance eJournal
  7. Capital Markets eJournal
  8. Capital Markets Journals
  9. Capital Markets: Market Efficiency eJournal
  10. CGN: Financial/Investment Practice (Topic)
  11. CGN: Gatekeepers (Topic)
  12. CGN: Risk Management, Including Hedging and Derivatives (Topic)
  13. Cognition and the Arts eJournal
  14. Corporate Governance: Disclosure, Internal Control, and Risk-Management eJournal
  15. Corporate Governance Practice Series eJournal
  16. CSN: Genre and Media (Topic)
  17. CSN: Music (Sub-Topic)
  18. CSN: Subject Matter eJournals
  19. Decision Analysis eJournal
  20. Decision Making, Organizational Behavior & Performance eJournal
  21. Econometric Modeling: Capital Markets - Risk eJournal
  22. Econometrics: Applied Econometric Modeling in Microeconomics eJournal
  23. Econometrics: Mathematical Methods & Programming eJournal
  24. Econometrics: Single Equation Models eJournal
  25. Economics Research Network
  26. Environmental Economics eJournal
  27. Environmental Justice and Sustainability eJournal
  28. ERN: Behavioral Finance (Topic)
  29. ERN: Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization (Topic)
  30. ERN: Criteria for Decision-Making under Risk & Uncertainty (Topic)
  31. ERN: Econometric Modeling in Financial Economics (Topic)
  32. ERN: Optimization Techniques; Programming Models; Dynamic Analysis (Topic)
  33. ERN: Other Econometric Modeling: Capital Markets - Risk (Topic)
  34. ERN: Other Econometrics: Mathematical Methods & Programming (Topic)
  35. ERN: Other Microeconomics: Decision-Making under Risk & Uncertainty (Topic)
  36. ERN: Other Political Economy: National, State and Local Government; Intergovernmental Relations (Topic)
  37. ERN: Regulation (European) (Topic)
  38. ERN: Regulation (IO) (Topic)
  39. ERN: Speculation in Economic Markets (Topic)
  40. ERN: Sports Economics (Topic)
  41. ERN: Statistical Decision Theory; Operations Research (Topic)
  42. ERN: Structure, Scope, and Performance of Government (Topic)
  43. ERN Subject Matter eJournals
  44. ERN: Team Theory (Topic)
  45. ERN: Time-Series Models (Single) (Topic)
  46. ERN: Uncertainty and Risk Modeling (Topic)
  47. ESMST: Survey Methods (Topic)
  48. FEN: Behavioral Finance (Topic)
  49. FEN Risk Journals
  50. FEN Subject Matter eJournals
  51. Financial Economics Network
  52. Financial Engineering
  53. Financial Engineering eJournal
  54. Household Finance eJournal
  55. Human Resource Management & Organizational Behavior eJournal
  56. Individual Issues & Organizational Behavior eJournal
  57. Information Systems and eBusiness Network
  58. Information Systems and Economics eJournal
  59. Information Systems: Behavioral & Social Methods eJournal
  60. IO: Regulation, Antitrust and Privatization eJournal
  61. IPE: International Finance and Investment (Topic)
  62. ISN Subject Matter eJournals
  63. Labor eJournals
  64. Labor: Human Capital eJournal
  65. Labor: Personnel Economics eJournal
  66. Management Research Network
  67. Microeconomics: Decision-Making under Risk and Uncertainty eJournal
  68. Microeconomics: Decision-Making under Risk & Uncertainty eJournal
  69. Microeconomics: General Equilibrium and Disequilibrium Models of Financial Markets eJournal
  70. Microeconomic Theory eJournals
  71. MMFP: Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization (Topic)
  72. MRN Operations Research Network
  73. MRN Organizational Behavior Research Network
  74. Mutual Funds, Hedge Funds, and Investment Industry eJournal
  75. OPER: Single Decision Maker (Topic)
  76. OPER Subject Matter eJournal
  77. Organizations & Markets eJournals
  78. Organizations & Markets: Personnel Management eJournal
  79. ORG: Biographical Issues, Ability, & Learning (Topic)
  80. ORG: Employee Performance Appraisal Systems (Topic)
  81. ORG: Groups & Teams (Topic)
  82. ORG Subject Matter eJournals
  83. Pension Risk Management eJournal
  84. Political Economy: Development eJournal
  85. Political Economy: Structure and Scope of Government eJournal
  86. Political Methods Journals
  87. Political Methods: Quantitative Methods eJournal
  88. PSN: Econometrics, Polimetrics, and Statistics (Topic)
  89. PSN: Environment (Topic)
  90. QM: Econometrics, Polimetrics, and Statistics (Topic)
  91. Regulation of Financial Institutions eJournal
  92. Risk Management eJournal
  93. Risk, Regulation, and Policy eJournal
  94. Weekly Top 5 - May 16, 2014

Mass Market Articles Authored or Co-Authored

  1. American Banker (6 articles; ongoing monthly column)
  2. American Banker (with Zakhar G. Maymin)
  3. Connecticut Post
  4. Evergreen Freedom Foundation
  5. Fairfield County Weekly (~135 articles)
  6. Forbes Magazine (with Gregg S. Fisher)
  7. Greenwich Post
  8. Hartford Advocate (~75 articles)
  9. Hartford Business Journal
  10. Heartland Budget & Tax News
  11. LewRockwell.com (13 articles)
  12. New Haven Advocate (~75 articles)
  13. New York Post
  14. The Journal Inquirer
  15. The Liberty Voice
  16. Valley Advocate
  17. Waterbury Republican-American

Mass Market Books Authored

  1. Yankee Wake Up
  2. Free Your Inner Yankee
  3. Yankee Go Home
  4. NBA Mysticism

Other Awards and Credentials