ScanRate PhD student Søren Willemann has received a best paper award at the PhD Tutorial at the European Finance Association's annual meeting 2004 for the paper "Calibration of Structural Credit Risk Models: Implied Sensitivities and Liquidity Discounts."
The award is sponsored by Inquire Europe and Inquire UK, a non-profit professional organisation whose purpose is to encourage the use of practical advanced quantitative methods in investment management.
The working paper in its current state can be downloaded here.