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David Heath (probabilist)
David Clay Heath (~1943 – 11 August 2011) was an American probabilist known for co-inventing the Heath–Jarrow–Morton framework to model the evolution of the interest rate curve. Biography Early life He was born in Oak Park, Illinois, to W. Curtis and Margaret Wasson Heath. He graduated from Elkhart High School in 1960 and earned his bachelor's degree from Kalamazoo College in 1964. Scientific career Heath obtained his PhD in 1969 under the supervision of Frank Bardsley Knight at the University of Illinois at Urbana-Champaign with a dissertation titled 'Probabilistic Analysis of Hyperbolic Systems of Partial Differential Equations'. After graduation, he became an assistant professor at the University of Minnesota. In the late 1970s, he moved to Cornell University where he joined the School of Operations Research and Industrial Engineering. There he founded the financial engineering program, becoming the Merrill Lynch Professor of Financial Engineering. In the late 1990 ...
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Oak Park, Illinois
Oak Park is a village in Cook County, Illinois, adjacent to Chicago. It is the 29th-most populous municipality in Illinois with a population of 54,583 as of the 2020 U.S. Census estimate. Oak Park was first settled in 1835 and later incorporated in 1902, when it separated from Cicero, Illinois, Cicero. Architect Frank Lloyd Wright and his wife settled in Oak Park in 1889, and his work heavily influenced local architecture and design, including the Frank Lloyd Wright Home and Studio. Over the years, rapid development was spurred by railroads and street cars connecting the village to jobs in nearby Chicago. In 1968, Oak Park passed the Open Housing Ordinance, which helped devise strategies to integrate the village rather than resegregate. Today, Oak Park remains ethnically diverse, and is known for its socially liberal politics, with 80% or higher voter turnout in every United States presidential election, presidential election since 2000. Oak Park is closely connected to Chicago with ...
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Elkhart High School
Elkhart Central High School (ECHS) was a public secondary school in Elkhart, Indiana. It was a part of Elkhart Community Schools. History In the fall of 1972 when Elkhart High School (est. 1872) was split into Elkhart Memorial High School and Elkhart Central High School, the former Elkhart High School building was renamed Elkhart Central High School and, according to the school board minutes, was to continue the traditions ("Blue Blazer" mascot, school colors, accomplishments, the original 1910 charter issued by the North Central Association and the fight song) of the old Elkhart High School. The Elkhart Central High School building was designed and built by Everett I. Brown and Company of Indianapolis and opened in 1966. It was built to accommodate a schedule and curriculum organized around modular periods. Accordingly, the building features lecture halls, seminar rooms, and departmental office areas. Until 1984, Elkhart Central enrolled only 10th, 11th, and 12th grade student ...
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2011 Deaths
This is a list of deaths of notable people, organised by year. New deaths articles are added to their respective month (e.g., Deaths in ) and then linked here. 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 See also * Lists of deaths by day The following pages, corresponding to the Gregorian calendar, list the historical events, births, deaths, and holidays and observances of the specified day of the year: Footnotes See also * Leap year * List of calendars * List of non-standard ... * Deaths by year {{DEFAULTSORT:deaths by year ...
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1943 Births
Events Below, the events of World War II have the "WWII" prefix. January * January 1 – WWII: The Soviet Union announces that 22 German divisions have been encircled at Stalingrad, with 175,000 killed and 137,650 captured. * January 4 – WWII: Greek-Polish athlete and saboteur Jerzy Iwanow-Szajnowicz is executed by the Germans at Kaisariani. * January 11 ** The United States and United Kingdom revise previously unequal treaty relationships with the Republic of China (1912–1949), Republic of China. ** Italian-American anarchist Carlo Tresca is assassinated in New York City. * January 13 – Anti-Nazi protests in Sofia result in 200 arrests and 36 executions. * January 14 – January 24, 24 – WWII: Casablanca Conference: Franklin D. Roosevelt, President of the United States; Winston Churchill, Prime Minister of the United Kingdom; and Generals Charles de Gaulle and Henri Giraud of the Free French forces meet secretly at the Anfa Hotel in Casablanca, Morocco, to plan the ...
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Carnegie Mellon University Faculty
Carnegie may refer to: People * Carnegie (surname), including a list of people with the name * Clan Carnegie, a lowland Scottish clan Institutions Named for Andrew Carnegie *Carnegie Building (Troy, New York), on the campus of Rensselaer Polytechnic Institute * Carnegie College, in Dunfermline, Scotland, a former further education college *Carnegie Community Centre, in downtown Vancouver, British Columbia *Carnegie Council for Ethics in International Affairs *Carnegie Endowment for International Peace, a global think tank with headquarters in Washington, DC, and four other centers, including: **Carnegie Middle East Center, in Beirut **Carnegie Europe, in Brussels **Carnegie Moscow Center * Carnegie Foundation (other), any of several foundations *Carnegie Hall, a concert hall in New York City * Carnegie Hall, Inc., a regional cultural center in Lewisburg, West Virginia *Carnegie Hero Fund *Carnegie Institution for Science, also called Carnegie Institution of Washington ( ...
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Cornell University Faculty
Cornell University is a Private Ivy League university, private Statutory college, statutory Land-grant university, land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to teach and make contributions in all fields of knowledge—from the classics to the sciences, and from the theoretical to the applied. These ideals, unconventional for the time, are captured in Cornell's founding principle, a popular 1868 quotation from founder Ezra Cornell: "I would found an institution where any person can find instruction in any study." Cornell is ranked among the top global universities. The university is organized into seven Undergraduate education, undergraduate colleges and seven graduate school, graduate divisions at its main Ithaca campus, with each college and division defining its specific admission standards and academic programs in near autonomy ...
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University Of Illinois Alumni
A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United States, the designation is reserved for colleges that have a graduate school. The word ''university'' is derived from the Latin ''universitas magistrorum et scholarium'', which roughly means "community of teachers and scholars". The first universities were created in Europe by Catholic Church monks. The University of Bologna (''Università di Bologna''), founded in 1088, is the first university in the sense of: *Being a high degree-awarding institute. *Having independence from the ecclesiastic schools, although conducted by both clergy and non-clergy. *Using the word ''universitas'' (which was coined at its foundation). *Issuing secular and non-secular degrees: grammar, rhetoric, logic, theology, canon law, notarial law.Hunt Janin: "The university ...
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Kalamazoo College Alumni
Kalamazoo ( ) is a city in the southwest region of the U.S. state of Michigan. It is the county seat of Kalamazoo County. At the 2010 census, Kalamazoo had a population of 74,262. Kalamazoo is the major city of the Kalamazoo-Portage Metropolitan Statistical Area, which had a population of 335,340 in 2015. Kalamazoo is equidistant from Chicago and Detroit, being about 140 miles (225 kilometers) away from both. One of Kalamazoo's most notable features is the Kalamazoo Mall, an outdoor pedestrian shopping mall. The city created the mall in 1959 by closing part of Burdick Street to auto traffic, although two of the mall's four blocks have been reopened to auto traffic since 1999. Kalamazoo is home to Western Michigan University, a large public university, Kalamazoo College, a private liberal arts college, and Kalamazoo Valley Community College, a two-year community college. Name origin Originally known as Bronson (after founder Titus Bronson) in the township of Arcadia, the na ...
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Probability Theorists
Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true. The probability of an event is a number between 0 and 1, where, roughly speaking, 0 indicates impossibility of the event and 1 indicates certainty."Kendall's Advanced Theory of Statistics, Volume 1: Distribution Theory", Alan Stuart and Keith Ord, 6th Ed, (2009), .William Feller, ''An Introduction to Probability Theory and Its Applications'', (Vol 1), 3rd Ed, (1968), Wiley, . The higher the probability of an event, the more likely it is that the event will occur. A simple example is the tossing of a fair (unbiased) coin. Since the coin is fair, the two outcomes ("heads" and "tails") are both equally probable; the probability of "heads" equals the probability of "tails"; and since no other outcomes are possible, the probability of either "heads" or "tails" is 1/2 (which could also be written as 0.5 or 50%). These conce ...
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Carnegie Mellon University
Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania. One of its predecessors was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools; it became the Carnegie Institute of Technology in 1912 and began granting four-year degrees in the same year. In 1967, the Carnegie Institute of Technology merged with the Mellon Institute of Industrial Research, founded in 1913 by Andrew Mellon and Richard B. Mellon and formerly a part of the University of Pittsburgh. Carnegie Mellon University has operated as a single institution since the merger. The university consists of seven colleges and independent schools: The College of Engineering, College of Fine Arts, Dietrich College of Humanities and Social Sciences, Mellon College of Science, Tepper School of Business, Heinz College of Information Systems and Public Policy, and the School of Computer Science. The university has its main campus located 5 miles (8 km) from Downto ...
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Financial Engineering
Financial engineering is a multidisciplinary field involving financial theory, methods of engineering, tools of mathematics and the practice of programming. It has also been defined as the application of technical methods, especially from mathematical finance and computational finance, in the practice of finance.Tanya S. Beder and Cara M. Marshall, ''Financial Engineering: The Evolution of a Profession'', Wiley (June 7, 2011) 978-0470455814 Financial engineering plays a key role in the customer-driven derivatives business — delivering bespoke OTC-contracts and "exotics", and implementing various structured products — which encompasses quantitative modelling, quantitative programming and risk managing financial products in compliance with the regulations and Basel capital/liquidity requirements. An older use of the term "financial engineering" that is less common today is aggressive restructuring of corporate balance sheets. Mathematical finance is the application of m ...
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