Robert Jarrow’s Biography

Robert Jarrow is a Professor at Cornell University and director of research at Kamakura Corporation. He is a creator of the Heath-Jarrow-Morton model, the forward price martingale measure, and reduced form credit risk models.  His research was the first to distinguish forward/futures prices and study option pricing with market manipulation. He has been the recipient of numerous prizes and awards including the CBOE Pomerance Prize for Excellence in Options Research, the Graham and Dodd Scrolls Award, the Bernstein Fabozzi/Jacobs Levy Award, and the 1997 IAFE/SunGard Financial Engineer of the Year.  He is on the advisory board of Mathematical Finance – a journal he co-started in 1989. In 2009 he was awarded Risk Magazine’s Lifetime Achievement Award. He is included in both the Fixed Income Analysts Society Hall of Fame and Risk Magazine’s 50 member Hall of Fame.  He has written seven books and has over 200 academic journal publications.