Irene Klein

Irene Klein is an Associate Professor at the Department of Statistics and Operations Research within the Faculty of Business, Economics and Statistics at the University of Vienna. She has held this position since March 2007, following her Habilitation in Stochastics and Mathematical Finance and Actuarial Mathematics.

Her educational background includes:

• Master's studies in mathematics at the University of Vienna (September 1988 - September 1993)
• Doctoral studies in mathematics at the University of Vienna under Walter Schachermayer (October 1993 - December 1996)
• Dissertation: "Asymptotic Arbitrage Theory"

Dr. Klein's research focuses on Mathematical Finance, Stochastics, and Insurance Mathematics. Her work has significantly contributed to the understanding of large financial markets, asymptotic arbitrage theory, and asset pricing frameworks. She examines how market structures, transaction costs, and model uncertainties affect pricing mechanisms and investment strategies, bridging theoretical mathematics with practical financial applications.

Analysis of her publication record reveals a consistent research trajectory focused on foundational aspects of mathematical finance. Her work spans from early contributions to asymptotic arbitrage theory to recent explorations of robust finance and model uncertainty. A key theme throughout her career has been examining conditions for market viability and the mathematical structures underlying asset pricing.

Dr. Klein teaches various courses including Mathematics 1, Markov Processes, Introduction to Financial Mathematics, and PhD-level seminars in Advanced Probability and Statistics. Her teaching approach integrates theoretical foundations with practical applications, preparing students for both academic research and industry careers in quantitative finance.