Leading academics worldwide were awarded for their contribution in the fields in which Aristotle Onassis was also distinguished.
The award ceremony of the Onassis Awards 2023, a leading institution that rewards the achievements of representatives of the academic community in the fields of Finance, International Trade and Shipping, took place on Tuesday 7 November at the Guildhall in London, in an evening full of emotion, applause and hope for the future.
Specifically, the following were awarded:
– The professor Darrell Duffiefrom Stanford University, with the 2023 Onassis Prize in Finance
– The professor Marc Melitzfrom Harvard University, with the 2023 Onassis Prize in International Trade
– The teacher Siri Pettersen Strandenesfrom the Norwegian School of Economics, with the 2023 Onassis Prize in Shipping
The Onassis Awards are presented every three years by the Onassis Foundation, Bayes Business School of the City, University of London and the Costa Grammenos Center for Shipping, Trade and Finance. Winners are selected after evaluation by a jury of distinguished academics from around the world – including two Nobel Prize winners. The aim of the institution is to broaden understanding and research in the fields of Finance, International Trade and Shipping, while aiming to address the most pressing challenges we continue to experience as a society. In addition to the important distinction, the winners also receive a cash prize of 200,000 dollars. The 2023 Onassis Awards ceremony was attended by 350 guests from 20 countries.
THE Antonis S. Papadimitriou, President of the Onassis Foundation and Chairman of the Onassis Awards jury, said: “I would like to warmly congratulate the winners of this year’s Onassis Awards. These Awards are an honorable recognition for the visionaries who continue to shape and transform our world for the better through their hard work and pursuit of excellence. This year’s awardees truly embody this philosophy. We are proud to once again partner with Bayes Business School to recognize our awardees and celebrate their pioneering academic contribution to the fields of Finance, International Trade and Shipping. Today, more than ever, it is necessary to focus on the importance of education and academia to address the world’s most pressing challenges.”
THE Professor Darrell Duffie, winner of the 2023 Onassis Prize in Finance, said: “I am honored to be among this year’s awardees for the prestigious Onassis Prize in Finance. The purpose of the Onassis Awards is to inspire future progress, and I hope that fellow academics in the field will be inspired to provide original solutions that will help solve the most pressing challenges we continue to face.”
THE Professor Marc Melitz, winner of the 2023 Onassis Prize in International Trade, commented: “It is a tremendous honor to receive this award, especially alongside such distinguished colleagues. The Onassis Awards have a very rich history to show, enhanced by decades of research and dedication, and I am delighted to be the recipient of such an important award.”
THE Professor Siri Pettersen Strandenes, winner of the 2023 Onassis Award in Shipping, said: “It is a huge honor to accept this year’s Onassis Award in Shipping. Throughout my career, I have been committed to the purpose of making a positive impact on the world through my work in the shipping industry and hope to inspire the next generation of bright and talented young women to pursue excellence in their respective fields. It’s a very special moment for me.”
About the history of the Onassis Awards:
The Onassis Awards were born from Aristotle Onassis himself, who had set them as a goal in his handwritten will. Starting in 1978, the institution has gone through three distinct phases focusing first on personalities and organizations with an international reach in the fields of culture, social contribution and the environment, and then on the production of original works of theatre, dance, music composition and visual arts. In these phases the institution awarded important figures from around the world, including the first president of the European Parliament Simone Veil, the former president of the French Republic Valéry Giscard d’Estaing, Elizabeth Taylor and Ekaterini Goulandris, president of the N. PI. Goulandris – Museum of Cycladic Art.
In 2007, the Onassis Awards entered the new phase of the institution, acquiring the structure they follow to this day. Specifically, from 2009 onwards, the Awards focus on highlighting academic personalities who specialize in the field of Shipping, International Trade and Finance, areas in which the founder of the institution, Aristotle Onassis, also distinguished himself. The list of winners of the newest phase of the awards includes scientists such as Eugene Fama, who after being awarded the Onassis Finance Prize in 2009, received in 2013 the highest honor of the Nobel Prize in Economics.
The previous edition of the awards was in 2018, with winners including Professor Douglas W. Diamond (Finance), Professor Jonathan Eaton and Professor Samuel S. Kortum (International Trade – part-time), Professor Mary R. Brooks and Professor Wayne K. Talley (Maritime – part-time).
Although there is no obligation to spend the prize, winners of past years have donated part of this money to finance student studies, as in the case of Dr. Mary R. Brooks Bachelor of Commerce Award at Dalhousie University, Canada.
The jury for the Onassis Awards 2023:
President: Antonis S. PapadimitriouPresident of the Onassis Foundation
George M. KonstantinidisProfessor of Finance at the Leo Melamed Chair of the University of Chicago (USA)
Kostas Th. Grammenos CBELloyd’s Register Foundation Professor of Shipping, Trade and Finance at Bayes Business School of the City, University of London (UK)
Gene M. GrossmanJacob Viner Professor of International Economics at Princeton University (USA)
Elhanan HelpmanGalen L. Stone Professor of International Trade at Harvard University (USA)
Robert C. Merton (Nobel Prize in Economics 1997), Distinguished Professor at the School of Economic Management of the Massachusetts Institute of Technology (MIT, USA)
Myron S Scholes (1997 Nobel Prize in Economic Sciences), Emeritus Professor of Finance at the Frank E. Buck Chair of the Stanford University Graduate School of Business Administration (USA).
Eddy Van de VoordeEmeritus Professor of Port and Shipping Economics at the University of Antwerp (Belgium)
Biographies of Winners
Professor Darrell Duffie, Stanford University (2023 Onassis Prize in Finance)
Darrell Duffie is Adams Distinguished Professor of Business Administration and Professor of Finance at the Graduate School of Business Administration at Stanford University (USA). He is a Fellow of the Econometric Society, a Research Fellow at the US National Bureau of Economic Research, and a Fellow of the American Academy of Arts and Sciences. In 2009 he was President of the American Finance Association. In 2014 he chaired the Market Participants Group, tasked by the Financial Stability Board to propose reforms to Libor, Euribor and other interest rate benchmarks. Among his recent books are: “How Big Banks Fail” (Princeton University Press, 2010), “Measuring Corporate Default Risk” (Oxford University Press, 2011), “Dark Markets” (Princeton University Press, 2012) and “Fragmenting Markets: Post-Crisis Bank Regulations and Financial Market Liquidity” (DeGruyter, 2022).
Professor Marc Melitz, Harvard University (2023 Onassis Prize in International Trade)
Marc Melitz is Professor of Political Economy at the David A. Wells Chair at Harvard University (USA). He is a member of the Econometric Society and a fellow at the US National Bureau of Economic Research, the Center for Economic Policy Research (CEPR), CESifo, and the Kiel Institute for the World Economy. His broad research interests revolve around the fields of international trade and investment. More specifically, it focuses on producer responses to globalization and its effects on aggregate trade and investment patterns. His research has been funded by the Sloan Foundation and has received worldwide recognition for establishing the “Melitz Model”, a dynamic industry model, with heterogeneous firms, for analyzing intra-industry effects on international trade. Marc Melitz is a Fellow of the American Academy of Arts and Sciences.
Professor Siri Pettersen Strandenes, Norwegian School of Economics (2023 Onassis Prize in Shipping)
Siri Pettersen Strandenes is Professor Emeritus of the Department of Economics at the Norwegian School of Economics. Her main research areas are Maritime Economics, Aviation Economics, International Economics and Industrial Organization. She is Honorary Visiting Professor at Bayes Business School and Visiting Professor at the University of Antwerp. He has been a member of various boards of directors of public and private organizations, such as DNB, Norges Bank, Bergshav Shipholding, Norwegian Guarantee Institute for Export Credits (GIEK), Chr. Michelsen Institute (CMI), Institute of Transport Economics (TØI), while he is currently a member of the Board of Directors at the Rafto Foundation for Human Rights and the Norwegian Hull Club.
Source :Skai
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