Dr. Scott Brown rejoined Wagner Associates in 1992. He currently
manages the firm's Malvern PA office, the home of Wagner Math Finance.
Since 1994, he has been the project manager for the firm's statistical
arbitrage studies. These studies have developed statistical trading
methods which are in active use by an international investment
firm. This work includes analysis of tick-by-tick stock market
data, modeling of the stock market's microstructure, and
optimization of stock limit orders. He has also overseen work to
price stock options and to build a simulator used to train options
His past work includes optimal planning and scheduling of
satellite sensor systems and optimal planning of anti-submarine
warfare search operations. The later work included four years of
on-site work at naval commands.
Dr. Brown's technical interests and expertise include
optimization, parallel processing and statistical estimation.
Dr. Brown received his Ph.D. in Mathematics from Princeton
University in 1976. He received his M.S. in Mathematics from
Princeton University in 1974 and his B.S. in Mathematics from
the Massachusetts Institute of Technology in 1973.
Dr. Brown has published articles, and given conference addresses,
in the fields of mathematical logic, the theory of optimal search,
and parallel processing.