Applied Science award recognizing his achievements as a Junior member of the faculty. Presented by Associate Dean of Engineering Margaret Martonosi, the school writes:
"Patrick Cheridito, assistant professor of operations research and financial engineering, received the Alfred Rheinstein Award. Cheridito has published numerous papers since he arrived at Princeton in 2003 and is emerging as a highly cited researcher in applied probability. His current research is in the area of dynamic monetary risk measures and he is inventing a new theory of second-order backward stochastic differential equations to support that work."