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Chookaszian
Prize in Risk Management
2001-2009
The Chookaszian Prize in Risk Management is an award of $10,000 given -annually to the student or group of students at the Kellogg School of Management who have written the best paper in the area of financial risk management. Papers are nominated by a Kellogg School faculty member and the winner is selected by a committee comprised of faculty and experts in the field. Topics could be, but are not limited to, the areas of derivatives, hedging, insurance and risk management. Papers should be submitted to Professors Robert McDonald and Ravi Jagannathan by June 1, 2010. The prize will be announced in June of 2010.
The Kellogg School is grateful to Dennis Chookaszian for his generosity in establishing the Prize. Mr. Chookaszian has spent his career in the area of risk management. He is committed to the area of risk management and believes that it is an area that merits further academic exploration. Mr. Chookaszian served as Chairman and CEO of CNA Insurance from 1992 to 1999 and as Chairman and CEO of mPower, a registered investment advisor, from 1999 to 2001. In addition, Mr. Chookaszian has served as director and/or trustee for a variety of academic, business, and civic organizations, including Northwestern University, the American Council of Life Insurance, the National Merit Scholarship Corporation, the Foundation for Health Enhancement, and the Boy Scouts of America.
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2009
Winner of the Chookaszian Prize |
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Thomas Johnson |
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Approximating Optimal Trading Strategies Under Parameter Uncertainty: A Monte Carlo Approach (PDF
461 KB / 33 pages)
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2008
Winners of the Chookaszian Prize |
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Jay Viswanathan and Brent Sacha |
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The Effect of EPS Estimate Dispersion on Option Implied Volatility and Straddle Price Changes Following Earnings Announcements (PDF 260 KB / 31 pages)
Table 9 (Excel 72 KB) |
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2007
Winner of the Chookaszian Prize |
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Dobrislav
Dobrev |
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Capturing
Volatility from Large Price Moves: Generalized Range
Theory and Applications (PDF
5.19 MB / 51 pages) |
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2006
Winner of the Chookaszian Prize |
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Mike
Jakola |
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Credit
Default Swap Index Options: Evaluating the viability
of a new product for the CBOE (PDF
256 KB / 20 pages) |
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2005
Winners of the Chookaszian Prize |
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Chad
Dau and Matthew Groch |
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Approaches
for Avoiding Margin Call Situations Through Risk-Management
Automation (PDF
261 KB / 33 pages) |
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2004
Winners of the Chookaszian Prize |
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Justin
Busarakamwong, Yao Loong Ng and Ivan Stamenovic |
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A
Framework for Assessing the Diversification Benefits
of Additional Securities on Portfolio Risk
(PDF
512 KB / 56 pages) |
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Richard
Cobbs and Alex Wolf |
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Jet
Fuel Hedging Strategies: Options Available for Airlines
and a Survey of Industry Practices (PDF
229 KB / 23 pages) |
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2003
Winners of the Chookaszian Prize |
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Matt
Demaray and Laurent Luccioni |
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Risk
Measurement for Hedge Fund Portfolios
(PDF
1.7 MB / 52 pages) |
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2002
Winners of the Chookaszian Prize |
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Amy
Ballew, Meenu Gupta, Geoffrey Lasry, and Ariel
Weinberger: |
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Hedge
Funds: Approaches to Diversification
(PDF
450 KB / 50 pages) |
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2001
Winners of the Chookaszian Prize |
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Sean
Kelley, Christo Leventis and Arthur Weiss: |
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The
Failure of Risk Management: A New Perspective on
the California Electricity Market (PDF
312 KB / 51 pages) |
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Andre
Buchheim , Andrew Grinstead, Ray Janssen, Jaime
Juan and Jagdeep Sahni: |
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Buy,
Sell, or Hold? An Event Study Analysis of Significant
Single Day Losses in Equity Value (PDF
365 KB / 60 pages) |
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