Esipov and Guo Awarded Michelbacher Prize

Robert S. Miccolis (right), chairperson of the Michelbacher Prize Committee, congratulates Sergei Esipov on winning the 2000 Michelbacher Prize. Esipov, along with his coauthor, Dajiang Guo, were awarded $1,500 for their paper, "Portfolio Based Pricing of Residual Basis Risk with Application to the S&P 500 Put Options." The paper is published in the 2000 Discussion Paper Program and can be found on the CAS Web Site at http://www.casact.org/pubs/dpp/dpp00/index.htm.