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Bates White announces the second recipient of the Bates White Graduate Fellowship

WASHINGTON, D.C., June 7, 2004—Bates White today announced that Andrei Karavaev of The Pennsylvania State University received the 2004 Bates White Graduate Fellowship.

The Bates White Graduate Fellowship was established for doctoral candidates to broaden career opportunities in the field of economics. The fellowship recipient receives a full-time summer position at Bates White’s Washington, D.C. office and a stipend for tuition and fees for one academic year.

Dr. Matthew Raiff, Partner and founding member of the Bates White Fellowship Review Committee, said, "We are honored that Andrei accepted this year’s fellowship and we look forward to working with him on multiple projects this summer. As last year’s fellowship program demonstrated, the intellectual exchange of knowledge between the recipient and Bates White employees is an exceptional benefit for the recipient and Bates White."

"The fellowship provides the recipient with tremendous opportunity and exposure to the scientific methods and cutting-edge analytics used at Bates White," said Dr. Robert C. Marshall, Head of the Economics Department at The Pennsylvania State University and Partner of Bates White.

Andrei Karavaev is a doctoral candidate in the Economics Department at The Pennsylvania State University. His interests include game theory, industrial organization, and monetary theory. Karavaev has served as an instructor and a teaching assistant in international economics, probability theory and statistics, advanced microeconomics, and intermediate macroeconomics.

About Bates White
Bates White is a national economic consulting firm of more than 150 professionals. Established in 1999, Bates White offers consulting services in economics, finance, and business analytics. Bates White has offices in Washington, D.C., and San Diego, Calif.

www.bateswhite.com

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