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Prof. Johan Fellman. has 1974 received his PhD in mathematics.at the University of Helsinki. Currently, he is emeritus from Hanken School of Economics Helsinki Finland. His research has included mathematical statistics, econometrics and biometrics. He has authored almost 300 research articles. He is an elected member of Finnish Society of Sciences and Letters, and International Statistical Institute. He is also member of Institute of Mathematical Statistics and International Biometric Society.