Nils-Christian Detering

Nils-Christian Detering is an Associate Professor in the Department of Statistics & Applied Probability at the University of California, Santa Barbara (UCSB). He also serves as the Undergraduate Diversity, Equity, and Inclusion Officer. His research focuses on financial mathematics, probability theory, and their applications in systemic risk analysis, energy markets, and machine learning. Detering has contributed to understanding default contagion in financial systems, stochastic processes in energy derivatives, and neural network applications in functional data analysis.

Research Interests:

• Financial systemic risk: Analyzing default contagion using random graphs and systemic stability metrics
• Infinite-dimensional stochastic analysis: Modeling energy markets via stochastic PDEs and forward curves
• Machine learning: Developing neural network frameworks for functional spaces and financial applications

Teaching includes courses on stochastic processes, mathematical finance, and probability theory at both undergraduate and graduate levels. His work has been recognized with awards such as the Best Paper Award at the ACM International Conference on AI in Finance (2023).

Key Publications address topics like reinforcement learning in banking networks, neural network calibration of energy curves, and integrated fire sales models. His research bridges theoretical probability with applied financial engineering challenges.