George C. Papanicolaou
Encyclopedia
George C. Papanicolaou is an American
mathematician
who specializes in applied
and computational mathematics
, partial differential equation
s, and stochastic process
es. He is currently the Robert Grimmett Professor in Mathematics at Stanford University
.
, Greece
. He received his B.E.E. from Union College
and his M.S. and Ph.D.
from New York University
(NYU). He became an assistant professor at NYU in 1969, an associate professor in 1973, and a professor in 1976. He later moved to Stanford in 1993.
He is married, with three children.
. and the Black–Scholes model.
in 2000.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
mathematician
Mathematician
A mathematician is a person whose primary area of study is the field of mathematics. Mathematicians are concerned with quantity, structure, space, and change....
who specializes in applied
Applied mathematics
Applied mathematics is a branch of mathematics that concerns itself with mathematical methods that are typically used in science, engineering, business, and industry. Thus, "applied mathematics" is a mathematical science with specialized knowledge...
and computational mathematics
Computational mathematics
Computational mathematics involves mathematical research in areas of science where computing plays a central and essential role, emphasizing algorithms, numerical methods, and symbolic methods. Computation in the research is prominent. Computational mathematics emerged as a distinct part of applied...
, partial differential equation
Partial differential equation
In mathematics, partial differential equations are a type of differential equation, i.e., a relation involving an unknown function of several independent variables and their partial derivatives with respect to those variables...
s, and stochastic process
Stochastic process
In probability theory, a stochastic process , or sometimes random process, is the counterpart to a deterministic process...
es. He is currently the Robert Grimmett Professor in Mathematics at Stanford University
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...
.
Biography
Papanicolaou was born on January 23, 1943, in AthensAthens
Athens , is the capital and largest city of Greece. Athens dominates the Attica region and is one of the world's oldest cities, as its recorded history spans around 3,400 years. Classical Athens was a powerful city-state...
, Greece
Greece
Greece , officially the Hellenic Republic , and historically Hellas or the Republic of Greece in English, is a country in southeastern Europe....
. He received his B.E.E. from Union College
Union College
Union College is a private, non-denominational liberal arts college located in Schenectady, New York, United States. Founded in 1795, it was the first institution of higher learning chartered by the New York State Board of Regents. In the 19th century, it became the "Mother of Fraternities", as...
and his M.S. and Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
from New York University
New York University
New York University is a private, nonsectarian research university based in New York City. NYU's main campus is situated in the Greenwich Village section of Manhattan...
(NYU). He became an assistant professor at NYU in 1969, an associate professor in 1973, and a professor in 1976. He later moved to Stanford in 1993.
He is married, with three children.
Publications
Papanicolaou has published multiple papers on financial mathematics, especially stochastic volatilityStochastic volatility
Stochastic volatility models are used in the field of mathematical finance to evaluate derivative securities, such as options. The name derives from the models' treatment of the underlying security's volatility as a random process, governed by state variables such as the price level of the...
. and the Black–Scholes model.
Recognition
He was elected to the National Academy of SciencesUnited States National Academy of Sciences
The National Academy of Sciences is a corporation in the United States whose members serve pro bono as "advisers to the nation on science, engineering, and medicine." As a national academy, new members of the organization are elected annually by current members, based on their distinguished and...
in 2000.