Honors:

 Distinguished Scholar, Southern Finance Association, 2000

 Fellow, American Association of Financial Engineers, 1992

 Member of Omicron Delta Epsilon (Economics Honorary), 1971

 Member of Beta Gamma Sigma (Business Honorary), 1978

 Member of the Risk Theory Society, 1985-1999

 Listed in Annual Guide to Public Policy Experts, Heritage Foundation, Washington, D.C., 1984-present.

 Listed in Who's Who in the East, Marquis, Chicago, 1983-present.