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John Carrington Cox
John Carrington
Cox
is the
Nomura
Professor
of Finance at the
MIT Sloan School of Management
. He is one of the world's leading
experts
on
options theory
and one of the
inventors
of the
Cox–Ross–Rubinstein model
for
option pricing
, as well as of the
Cox–Ingersoll–Ross model
for
interest rate dynamics
. He was named
Financial Engineer
of the Year by the
International Association of Financial Engineers
in
1998
.