school_tradition contributions color nationality field birth_date article_title name
neoclassical economics binomial model options pricing model cox -- ingersoll -- ross #b 0c4de united states financial economics 1943 john carrington cox
 john carrington cox
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 .
