John Michael Steele is C.F. Koo Professor of Statistics

Statistics

Statistics is the study of the collection, organization, analysis, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments....

 at the Wharton School of the University of Pennsylvania

University of Pennsylvania

The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...

, and he was previously affiliated with 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...

, Columbia University

Columbia University

Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...

 and Princeton University

Princeton University

Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....

.

In 1975 Steele suggested the term shattering for the process defined by Vapnik and Chervonenkis in 1969. His current interests include gambling

Gambling

Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods...

, martingale

Martingale (probability theory)

In probability theory, a martingale is a model of a fair game where no knowledge of past events can help to predict future winnings. In particular, a martingale is a sequence of random variables for which, at a particular time in the realized sequence, the expectation of the next value in the...

, and mathematical finance

Mathematical finance

Mathematical finance is a field of applied mathematics, concerned with financial markets. The subject has a close relationship with the discipline of financial economics, which is concerned with much of the underlying theory. Generally, mathematical finance will derive and extend the mathematical...

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Steele was elected the 2009 president of the Institute of Mathematical Statistics

Institute of Mathematical Statistics

The Institute of Mathematical Statistics is an international professional and scholarly society devoted to the development, dissemination, and application of statistics and probability. The Institute currently has about 4,000 members in all parts of the world...

. He has travelled around the globe speaking and is also very interested in the world around him in Philadelphia.

He has won various awards which include;

Career and Recent Professional Awards; Teaching Awards
Fellow, Institute for Mathematical Statistics, 1984; Fellow, American Statistical Association, 1989; Frank Wilcoxon Prize, American Society for Quality Control and the American Statistical Association, 1990

His books include:

• The Cauchy–Schwarz Master Class: An Introduction to the Art of Mathematical Inequalities
• Stochastic Calculus and Financial Applications
• Probability Theory and Combinatorial Optimization

External links

• J. Michael Steele's homepage.