October 2000 INFORMS News People Andres Weintraub, a member of INFORMS and president of IFORS, was recently awarded the prestigious Chilean National Prize for Applied Science and Technology. A committee of five people, including Chile's minister of education, the presidents of two major universities, the president of Conycit (Chilean NSF) and the previous winner, awarded the prize. The prize, presented every two years, carries with it an award of $20,000 plus a lifetime monthly stipend. Scholars in the areas of Exact Sciences (math, physics) and Natural Sciences (biology/chemistry) were also honored. Weintraub spearheaded the team that earned the 1998 Edelman Prize from INFORMS and CPMS, the Practice Section of INFORMS. The Edelman Prize was widely covered in the Chilean press, and Weintraub says it was a "key element" in his winning the Chilean National Prize. William T. Ziemba, the Alumni Professor of Financial Modeling and Stochastic Optimization, University of British Columbia, was appointed editor for North Holland-Elsevier Science's Handbooks in Finance Series. Ziemba had earlier co-edited the Finance Handbook in their Management Science and Operations Research Series upon the invitation of series editors George Nemhauser and Alexander Rinooy Kan. North Holland also has Handbook Series in Statistics and in Economics edited by C.R Rao, and Kenneth Arrow and Michael Intrilligator, respectively. In his usual broad style, Ziemba wishes to cover the field of finance in a comprehensive manner with Handbooks edited by authors from mainstream finance, mathematics, statistics, operations research, economics, behavioral science, computer science and other areas and be involved himself in a number of volumes as editor and author. There will be a strong emphasis on modern financial management in a broad sense to provide the theory, in a highly readable academic form, behind the day-to-day workings of financial markets and organizations. The Handbooks will start appearing in 2002. Several of the Handbooks will be edited by operations research/management science researchers, such as one on asset liability management by Stavros Zenios and Ziemba, and one on the management of large financial institutions by John Mulvey. Two early contributors to operations research who later went on to win Nobel Prizes in financial economics for their contributions to portfolio theory — Harry Markowitz and Bill Sharpe — serve as advisors to the series and contributors to the ALM volume. The other advisors are George Constantinides, Stewart Myers and Nobel Laureates Kenneth Arrow (another major contributor to OR), Robert Merton and Paul Samuelson. Table of Contents OR/MS Today Home Page OR/MS Today copyright © 2000 by the Institute for Operations Research and the Management Sciences. All rights reserved. Lionheart Publishing, Inc. 506 Roswell Street, Suite 220, Marietta, GA 30060, USA Phone: 770-431-0867 | Fax: 770-432-6969 E-mail: lpi@lionhrtpub.com URL: http://www.lionhrtpub.com Web Site © Copyright 1999, 2000 by Lionheart Publishing, Inc. All rights reserved.