GORDON RAUSSER is an internationally recognized economist who has combined active careers in academia, business and public policy. He is the Robert Gordon Sproul Distinguished Professor in the Department of Agriculture and Resource Economics at UC Berkeley. He has received 16 major awards for original research and distinguished service. Based on his research efforts in commodity, futures and derivative markets, his discoveries have been codified in a U.S. patent titled “Integrated Electronic Exchange of Structured Contracts with Dynamic Risk-Based Transaction Permissioning.” Dr. Rausser has been elected a Fellow of the American Association for the Advancement of Science, the American Statistical Association, and the Agricultural and Applied Economics Association. He has held faculty positions in Economics and Statistics at the University of Chicago, Harvard University, Iowa State University, Hebrew University, and UC Davis as well as UC Berkeley.