summer 2000

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Focus On: Faculty
Faculty Honored for Teaching, Research, and Service

goolsbee

lamont

Goosbee and Lamont Awarded Sloan Fellowships
Associate professors Austan Goolsbee (left, top) and Owen Lamont have been selected to receive Alfred P. Sloan research fellowships. “The fellowships were created to provide crucial and flexible funds to outstanding researchers early in their careers,” said Ralph Gomory, president of the Alfred P. Sloan Foundation.

Goolsbee and Lamont each will receive $40,000 in unrestricted research funds. Goolsbee will use his award to study the economics of Internet commerce and the role of government policy in the information age, while Lamont will conduct research in corporate diversification and the determination of stock market values.

Three other University of Chicago faculty members also received Sloan fellowships this spring: Fernando Alvarez, professor in economics; Sean Carroll, assistant professor in physics; and Milan Mrksich, assistant professor in chemistry.

dhar

Dhar Receives McKinsey Teaching Award
The GSB in May awarded Sanjay Dhar the 2000 McKinsey Award for Excellence in Teaching. The award, established in 1979 by McKinsey and Company, is given biannually to a GSB faculty member who has been teaching for at least two years. Dhar, professor of marketing, joined the GSB in 1992.

The best thing about teaching, said Dhar, is that “it’s always a give-and-take situation. It’s very fulfilling to give back and influence young people’s lives. I’m also exposed to new ideas in the classroom every day.”

lorie

Lorie Honored with Molodvsky Award
James Lorie, Ph.D. ’47, received the Nicholas Molodvsky Award from the Association for Investment Management and Research. The award is given “for outstanding contributions of such significance as to change the direction of the profession and to raise it to higher standards of accomplishment.” Lorie, Eli B. and Harriet B. Williams Professor Emeritus, received the award in April.

In 1960, Lorie developed the Center for Research in Security Prices (CRSP) database at the GSB with Lawrence Fisher, now of Rutgers University. The database is a compilation of data files on individual common stock prices, including dividends, splits, and total returns, from 1926 to the present. Within one year of the database’s initial release, students and faculty members from 60 institutions were using the data for their research and educational programs.

barberis

Barberis Receives Williams Teaching Award
Nicholas Barberis, associate professor of finance, was honored with the Emory Williams Award for Excellence in Teaching in June. As 1998 recipient of the award, Barberis’s honor this year makes him the first GSB faculty member to earn the distinction twice.

Barberis attributes his teaching success to the encouragement he has received from colleagues, including Robert Vishny, Eric J. Gleacher Distinguished Service Professor of Finance, and Steven Kaplan, Neubauer Family Professor of Entrepreneurship and Finance. According to Barberis, they have proven that GSB faculty members are “world-class researchers and very good teachers at the same time.”

Nominations for the Williams award, presented each year to a junior faculty member who exhibits exemplary communication, accessibility, enthusiasm, and innovation in teaching, come from students in the campus, evening, weekend, and executive M.B.A. programs.

thaler

Thaler Elected Fellow
Richard Thaler, Robert P. Gwinn Professor of Behavioral Science and Economics, was elected a fellow of the American Academy of Arts and Sciences in April. An expert on behavioral economics and finance, Thaler also studies the psychology of decision making.

New academy members, selected in recognition of their contributions to science, scholarship, public affairs, and the arts, will be inducted at a formal ceremony in October.

eisenstein

Eisenstein Honored by Operations Research
The editorial board of Operations Research in June awarded Donald Eisenstein, associate professor of production management, the 1999 Operations Research Meritorious Service Award. According to the journal, the award honors Eisenstein’s “timely and high-quality work for Operations Research during 1999.”--A.R.

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