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Overview

Professor Julian Williams

Head of Department of Finance, Professor in Accounting and Finance


Affiliations
AffiliationTelephone
Head of Department of Finance, Professor in Accounting and Finance in the Business School+44 (0) 191 33 45301
Management Board Member in the Institute of Hazard, Risk and Resilience+44 (0) 191 33 45301

Biography

Education: BSc (Bath), MSc (Cardiff) and PhD (Bath)

Hello, I am Julian (he/his), I have been Chair in Accounting and Finance and professor of Finance at Durham University’s Business School since the start of 2014. I have been part of the Department of Finance since its creation in 2022.

My work is at the nexus between financial modelling (valuation and asset/capital allocation) and operational modelling of organizations. I am very interested in both empirical and theoretical models (usually game theory or dynamic programming) of decision making under uncertainty. I generally teach in areas relating to financial decision making and operational risk as well as econometrics and applied statistics.

I have been the scientific director of the European Commission project SECONOMICS, worked on the Technology Strategy Board funded project Cloud Stewardship Economics, lead on Durham’s participation in the SESAR SJU, principal investigator on two industry Fintech projects on international currency risk and derivatives pricing and co-investigator on several other projects including the Living Deltas GCRF hub and Agency funded by UKRI.

You can find a list of the UKRI funded projects I have worked on here:

https://gtr.ukri.org/person/DAD11A70-87DE-44A5-BA0A-16DCEEB50251

You can have a look at my awarded patents on distributed markets here:

https://patents.google.com/patent/US11170439B2/en

Research interests

  • Market Microstructure
  • Liquidity
  • Trading Behaviour and Algorithmic Trading
  • Information security and operational security for financial firms and governments

Publications

Chapter in book

  • Practical Witness-Key-Agreement for Blockchain-based Dark Pools Financial Trading
    Ngo, C. N., Massacci, F., Kerschbaum, F., & Williams, J. (2021). Practical Witness-Key-Agreement for Blockchain-based Dark Pools Financial Trading. In N. Borisov & C. Diaz (Eds.), Financial Cryptography and Data Security 25th International Conference, FC 2021, Virtual Event, March 1–5, 2021, Revised Selected Papers, Part II (pp. 579-598). Springer Verlag. https://doi.org/10.1007/978-3-662-64331-0_30
  • Economics of Surveillance
    Beckerman, C., & Williams, J. (2021). Economics of Surveillance. In S. Jajodia, P. Samarati, & M. Yung (Eds.), Encyclopedia of Cryptography, Security and Privacy (pp. 1-5). Springer Verlag. https://doi.org/10.1007/978-3-642-27739-9_1611-1
  • Privacy Economics: From information theory to privacy as an asset
    Beckerman, C., & Williams, J. (2021). Privacy Economics: From information theory to privacy as an asset. In S. Jajodia, P. Samarati, & M. Yung (Eds.), Encyclopedia of Cryptography, Security and Privacy (pp. 1-6). Springer Verlag. https://doi.org/10.1007/978-3-642-27739-9_1609-1
  • Compositional Security Modelling Structure, Economics, and Behaviour
    Caulfield, T., Pym, D., & Williams, J. (2014). Compositional Security Modelling Structure, Economics, and Behaviour. In Human aspects of information security, privacy, and trust : 2nd International Conference, HAS 2014, Held as part of HCI International 2014, Heraklion, Crete, Greece, June 22-27, 2014 : proceedings (pp. 233-245). Springer Verlag. https://doi.org/10.1007/978-3-319-07620-1_21
  • Fixed Costs, Investment Rigidities, and Risk Aversion in Information Security: A Utility-theoretic Approach.
    Ioannidis, C., Pym, D., & Williams, J. (2013). Fixed Costs, Investment Rigidities, and Risk Aversion in Information Security: A Utility-theoretic Approach. In B. Schneier (Ed.), Economics of Information Security and Privacy III. (pp. 171-192). Springer Verlag.
  • Liquidity Spillovers in Credit Markets During the Eurozone Crisis.
    Calice, G., Chen, J., & Williams, J. (2013). Liquidity Spillovers in Credit Markets During the Eurozone Crisis. In J. LaBrosse, R. Olivares-Caminal, & D. Singh (Eds.), Financial Crisis Containment and Government Guarantees.. Edward Elgar Publishing.

Conference Paper

  • Non-Monotonic Security Protocols and Failures in Financial Intermediation
    Massacci, F., Ngo, C., Venturi, D., & Williams, J. (in press). Non-Monotonic Security Protocols and Failures in Financial Intermediation. Presented at Cambridge International Workshop on Security Protocols, Cambridge, England.
  • FuturesMEX: Secure Distributed Futures Market Exchange
    Massacci, F., Ngo, C., Nie, J., Venturi, D., & Williams, J. (2018). FuturesMEX: Secure Distributed Futures Market Exchange. In 2018 IEEE symposium on security and privacy SP 2018. (pp. 335-353). Institute of Electrical and Electronics Engineers. https://doi.org/10.1109/sp.2018.00028
  • The seconomics (security-economics) vulnerabilities of Decentralized Autonomous Organizations
    Massacci, F., Ngo, C., Nie, J., Venturi, D., & Williams, J. (2017). The seconomics (security-economics) vulnerabilities of Decentralized Autonomous Organizations. In F. Stajano, J. Anderson, B. Christianson, & V. Matyáš (Eds.), Security protocols XXV : 25th international workshop, Cambridge, UK, March 20-22, 2017 : revised selected papers. (pp. 171-179). Springer Verlag. https://doi.org/10.1007/978-3-319-71075-4_19
  • Investments and Trade-offs in the Economics of Information Security.
    Ioannidis, C., Pym, D., & Williams, J. (2009). Investments and Trade-offs in the Economics of Information Security. In R. Dingledine & P. Golle (Eds.), Financial cryptography and data security: 13th International Conference, FC 2009, Accra Beach, Barbados, February 23-26, 2009: revised selected papers. (pp. 148-166). Springer-Verlag. https://doi.org/10.1007/978-3-642-03549-4_9

Journal Article

Working Paper

Supervision students

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