Dr. Xikui Wang earned his Ph.D. in Statistics from the University of Saskatchewan in 1995 after receiving his M.Sc. in Mathematics in 1989. Dr. Wang also holds a B.Sc. in Mathematics from Central China Normal University, which he completed in 1984.

As a University of Manitoba faculty member since 2000, Dr. Wang taught in the Department of Statistics until July 2020, when he joined the Asper School of Business to assume his role as the LAH Warren Chair of Actuarial Research at the Warren Centre for Actuarial Studies and Research.

An active researcher, Dr. Wang has received numerous grants – his most recent being $90,000 from the Natural Sciences and Engineering Research Council (NSERC) to support his work on the “Models and methods of statistical dependence with applications in clinical trials and risk management".

Research Interests

Risk management, mathematical finance, dynamic pricing, Markov decision processes, response adaptive clinical trials, sequential design of experiments, bandit processes, biostatistics, and reinforcement learning.

Teaching Interests

  • Statistical Methods
  • Stochastic Optimization


D. Barr, R. Clifton, R. Renaud and X. Wang (2022) An Analysis of the Relationship Between High School Pre-Calculus and University Calculus Grades. International Journal of Mathematical Education in Science and Technology (To appear).

Han Yu, Yu Zhang and Xikui Wang (2021) Minimization of Ruin Probability with Joint Strategies of Investment and Reinsurance. Communications in Statistics - Theory and Methods (accepted on November 17, 2021).

Yanqing Yi and Xikui Wang (2021) A Markov decision process for response adaptive designs. Econometrics and Statistics (accepted on October 20, 2021).

Zahra Moussavi, Lisa Koski, Paul B Fitzgerald, Colleen Millikin, Brian Lithgow, Mohammad Jafari-Jozani, Xikui Wang (2021) Protocol of interim analysis for repeated transcranial magnetic stimulation for improving cognition in Alzheimer’s disease. Journal of Medical Internet Research Research Protocols (JMIR Research Protocols) (accepted June 16, 2021).

Weijia Zhang, Xikui Wang, Saman Muthukumarana and Po Yang (2021) A continual reassessment method without undue risk of toxicity. Communications in Statistics - Simulation and Computation (accepted in January, 2021).

Zahra Moussavi, Grant Rutherford, Brian Lithgow, C. Millikin, M. Modirrousta, B. Mansouri, Xikui Wang, Craig Omelan, Lesley K Fellows, Paul B Fitzgerald and Lisa Koski (2021) Repeated transcranial magnetic stimulation for improving cognition in patients with Alzheimer disease: Protocol for a randomized, double-blind, placebo-controlled trial. Journal of Medical Internet Research Research Protocols (JMIR Research Protocols) (accepted January 8, 2021).

Weijia Zhang, Xikui Wang and Po Yang (2021) A new design of the continual reassessment method. Communications in Statistics - Simulation and Computation 50: 2015-2024.

Zahra Moussavi, Abdelbaset Suleiman, Grant Rutherford, Omid Ranjbar Pooya, Zeinab Dastgheib, Weijia Zhang, Jennifer Salter, Xikui Wang, Behzad Mansouri, Brian Lithgow (2019) A pilot randomised double-blind study of the tolerability and efficacy of repetitive transcranial magnetic stimulation on persistent post-concussion syndrome. Scientific Reports 9:5498.

Xikui Wang, You Liang and Lysa Porth (2019) A Bayesian two-armed bandit model. Applied Stochastic Models in Business and Industry 35: 624-636.

Chun Cai and Xikui Wang (2018) Data perturbation analysis of the support vector classifier dual model. Journal of Software Engineering and Applications 11: 459-466.

Lauren E. Kelly, Michele P. Dyson, Nancy J. Butcher, Robert Balshaw, Alex J. London, Christine J. Neilson, Anne Junker, Salaheddin M. Mahmud, S. Michelle Driedger, Xikui Wang (2018) Considerations for adaptive design in pediatric clinical trials: Study protocol for a systematic review, mixed-methods study and integrated knowledge translation plan. Trials 19: 1-9.

Kazushige Kimura, James Reichert, Omid Pouya, Ahmad Byagowi, Xikui Wang, Debbie Kelly and Zahra Moussavi (2018) Simultaneous localization and mapping (SLAM) for route reversal learning. OBM Geriatrics 2(3), 10.21926.

Kazushige Kimura, James F. Reichert, Ashley Olson, Omid Ranjbar Pouya, Xikui Wang, Zahra Moussavi and Debbie M. Kelly (2017) Orientation in virtual reality does not fully measure up to the real-world. Scientific Reports 7:18109.

Kangkang Yan, Xuejing Xu, Xiaodong Liu, Xikui Wang, Shucheng Hua, Chunpeng Wang and Xin Liu (2015) The associations between maternal factors during pregnancy and the risk of childhood acute lymphoblastic leukemia: A meta-analysis. Pediatric Blood & Cancer 62: 1162-1170.

Yanqing Yi and Xikui Wang (2015) Statistical inference following response adaptive randomization. Modern Adaptive Randomized Clinical Trials: Statistical, Operational, and Regulatory Aspects (Ed. O. Sverdlov), Chapman & Hall/CRC Press, Chapter 11.