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06/25/91

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Wolak honored for helping undergraduate research

STANFORD -- Frank A. Wolak, Stanford University assistant professor of economics, was presented the 1991 Allan V. Cox Medal on June 15 for encouraging undergraduate research.

Ewart Thomas, dean of the School of Humanities and Sciences, said Wolak was singled out for "his dedication and extraordinary accessibility and willingness to talk with students (even at one in the morning while working on a deadline for his own research) and his ability to help students control and shape excellent projects and engage them intensely in the results."

Two of Wolak's advisees, Jeffrey Maggioncalda and Marc Lipschultz, shared a 1991 Firestone Medal for their joint economics project, "A Comprehensive Real Estate Pricing Model."

The Cox Medal is awarded annually to the faculty member who has established a record of excellence directing undergraduate research over a number of years. It was established in memory of the late Allan Cox, a professor of geophysics and dean of the School of Earth Sciences. He is widely known as the co-discoverer of magnetic field reversals.

According to Laura Selznick, director of the Undergraduate Research Opportunities program, which was host to the medal ceremony, "in the late 1970s and early l980s, it was Cox, more than any other Stanford faculty member, who extolled the virtue of research programs such as that pioneered at MIT."

"His energy led to increased funding and support for faculty-student collaboration in research," she said.

In addition to the citation and medal, Wolak received a cash prize from the Amoco Foundation of Chicago.

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