Steve Yang

Dr. Steve Yang is an Associate Professor at the School of Business, Stevens Institute of Technology. He holds a PhD in Systems and Information Engineering from the University of Virginia, specializing in Financial Engineering. His research focuses on behavioral finance, algorithmic trading, and financial systemic risk, employing tools like Markov decision processes and reinforcement learning. He leads the Center for Research toward Advancing Financial Technologies (CRAFT), a NSF-funded initiative with Rensselaer Polytechnic Institute.

Education:

• PhD (2012) University of Virginia (Systems and Information Engineering)
• MS (2008) University of Virginia (Systems and Information Engineering)
• MS (1997) Virginia Tech (Computer Science)
• BA (1992) Beihang University (Aerospace Engineering)

Research Interests: Dr. Yang investigates market irrationality's impact on trading strategies, portfolio optimization, and systemic risk using AI and decision science. His work bridges computational methods with financial systems, addressing fraud detection, liquidity dynamics, and regulatory policy through agent-based modeling and Hawkes processes.

Funding & Grants:

• NSF CRAFT Center ($862K, 2021-2026)
• Northrop Grumman ($130K, 2014-2017)
• CFTC & SEC collaborations

Awards & Roles:

• Director of CRAFT
• Associate Editor, European Journal of Finance
• Former Visiting Scholar at SEC

Labs & Teams: Leads CRAFT, collaborating with federal agencies and industry on financial technology and regulatory challenges. Engages in NSF review panels and editorial boards.