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Körezlioğlu Research Award (2012) goes to Mine Çağlar
Mine Çağlar from the Department of Mathematics at Koç University is rewarded to the Hayri Körezlioğlu Research Award, of the year 2012.
The ceremony will be on March 25, 2014 at Gündüz İkeda Seminar Room at the Department of Mathematics at METU. She will also talk on "A Stock Price Process: properties, limits, and estimation".(a) See the abstract below.
The award is aimed to encourage young researchers in the fields of Financial Mathematics, and Stochastic Processes and its Applications, and to publicize their prestigious work. Starting with for 2012, the award will be given annually.
(a) Date and time is due to change, however, we will announce it soon by the beginning of the year 2014.
Title: A Stock Price Process: properties, limits, and estimation
Abstract: We consider the weak convergence of scaled stochastic processes which are constructed as integrals with respect to a Poisson random measure. Motivated by mathematical finance, the process can be interpreted as stock price where the parameters involved are the arrival time, the duration and the effect of an order in stock trading. We first study the conditions for the stock price process to be a semimartingale, and no arbitrage property to hold. Then, we prove weak convergence results under various scaling limits. When the trading occurs more frequently and in smaller quantities, the limit is a fractional Brownian motion. In contrast, a stable Levy motion is obtained if the rate of trading decreases while its effect rate increases. Finally, we discuss the statistical methodology developed to estimate the model parameters and apply on high-frequency price data.
Hayri Körezlioğlu Research Award (2013)
Mathematics Foundation started a research award for young researchers in the name of Prof. Hayri Körezlioğlu, who is the founder of METU Institute of Applied Mathematics, Financial Mathematics Program.
The award is aimed to encourage young researchers in the fields of Financial Mathematics, and Stochastic Processes and its Applications, and to publicize their prestigious work. Starting with for 2012, the award will be given annually.
The application procedure is as follows: The applicant must be younger than 45 years old. The application can be made personally, or an institution can nominate the researcher. The application package should include the resume, the publication list and the publications. These should be emailed to the Chair of Mathematics Foundation (
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or
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) by 30 November 2013.
The award amount for 2013 is TL 1000. The award ceremony will take place in March 2013, possibly on 25 March 2014, the birthday of Prof. Körezlioğlu.
About Prof. Dr. Hayri Körezlioğlu:
MathSciNet: www.ams.org/mathscinet/search/author.html?mrauthid=104970
Matematik Dernegi: www.md.math.bilgi.edu.tr/arsiv/PDF/2007_3_63_72_KOREZLIOGLU.pdf
Masatoshi Gündüz İkeda Research Award (2013)
The award was first proposed in 2002 for the memorial of Prof. Dr. M. G. İkeda, who contributed to Turkish Mathematics universally. The purpose of the award is to evaluate the eminent research mathematical studies of scientists in Turkish Republic in order to announce these studies by approving them as being superior qualities and to encourage such kind of studies.
The applicants should not be above 45 years of age and they should either individually or institutionally send their applications, curriculum vitae, list of publications, and publications (in print) to the Chair of Mathematics Foundation via surface mail, personally or by e-mail before the deadline, November 30, 2013.
The award is TL 1.000 and the ceremony will be held on February 25, 2014, the birthday of Prof. Dr. M. G. İkeda.