OR/MS Today — INFORMS News


Posted: 2/17/03

Subdivision Awards

The following awards were presented by subdivisions at the INFORMS Meeting in San Jose:

College on Simulation
Distinguished Service Award: The INFORMS College on Simulation presented its 2002 Distinguished Service Award to David Goldsman, a professor in the School of Industrial and Systems Engineering at Georgia Tech.

Goldsman served as associate proceedings editor for the 25th anniversary of the Winter Simulation Conference in 1992 and as program chair for WSC'95. He currently represents the Institute of Industrial Engineers on the WSC Board of Directors.

Goldsman has distinguished himself through his service as Simulation Department editor of IIE Transactions (1993-present), associate editor of the Simulation Department of Management Science (1988-1992) and as associate editor of Operations Research Letters (1990 to present).

Goldsman conceived the idea of the College's Lifetime Professional Achievement Award (LPAA) in 1994 and served as the chair of the LPAA Selection Committee during the initial years of its operation.

During his term as College on Simulation president, Goldsman initiated the creation and ongoing maintenance of the COS Web site. Another major initiative of Goldsman's tenure as president was to oversee the College's transition during the merger of TIMS and ORSA to INFORMS.

 

Applied Probability Society
Erlang Prize: The Applied Probability Society of INFORMS presented the Erlang Prize to Steve Kou of Columbia University. The Erlang Prize recognizes an applied probabilist under the age of 35 who has shown great promise by already making outstanding contributions to applied probability.

Kou was cited for his "high quality work in several areas of applied probability, ranging from important sampling in tandem queues to the analysis of 2X2 contingency tables sin medicine to models in political science and financial engineering."

The Prize Committee noted that Kou's work in financial engineering was principally responsible for his winning the Erlang Prize. "In collaboration with his dissertation advisor Joannis Karatzas, [Kou] departed from the traditional frictionless trading assumption to the Black-Scholes model, and showed that when constraints are imposed on trading, the price may no longer be uniquely determined but must fall within a no-arbitrage interval. This work is well-known and highly regarded within the mathematical finance community."

 

INFORMS Computing Society
ICS Prize: The INFORMS Computing Society presented its 2002 ICS Prize for research excellence in the interface between operations research and computer science to Pascal Van Hentenryck of Brown University. Van Hentenryck was cited for his "many contributions to the field of constraint programming and its integration into operations research." The citation noted that Professor Van Hentenryck has published more than 50 papers and books on the topic. "He developed the groundbreaking constraint-programming system CHIP and later the optimization programming language (OPL), which combined constraint-programming and mathematical-programming techniques," the citation continued. "Van Hentenryck has also shown OR practitioners how to use constraint-programming techniques to solve some well-known OR problems like cutting-stock, schedule and circuit-design problems."

 

CPMS
Daniel W. Wagner Prize: CPMS — The Practice Section of INFORMS presented the 2002 Daniel H. Wagner Prize for Excellence in Operations Research Practice to a team representing Bank One Credit Card Services. The team included Margaret Trench, Shane Pederson, Edward Lau, Lizhi Ma and Hui Wang of Bank One, along with Suresh Nair of the School of Business at the University of Connecticut.

The award recognized the team's outstanding work in the area of managing characteristics of a bank's cardholder portfolio in an optimal manner. The annual percentage rate (APR) and credit line of an account are critical factors that influence card usage and bank profitability. Lower APRs and higher credit lines are more attractive to consumers. However, APRs that are too low may reduce bank profitability, while indiscriminate line increases many dramatically increase credit loss exposure. Bank One's PORTICO (Portfolio Control and Optimization) system selects price points and credit lines for each cardholder that maximizes net present value for the portfolio, given constraints on quantities, such as risk of default. The winning team developed PORRICO using Markov Decision Process methodology. The model outperforms the current methodology and has a potential impact of more than $75 million.

 

Decision Analysis Society
Ramsey Medal: The Decision Analysis Society of INFORMS presented the 2002 Frank P. Ramsey Medal to James S. Dyer of the University of Texas for "distinguished contributions to decision analysis."

Publication Award: The Decision Analysis Society of INFORMS presented its 2002 Publication Award to Sylvia Jansen, Anne Stiggelbout, Marianne Nooij, Evert Noordijk, Job Kievit and Peter Wakker of the University of Amsterdam for their paper, "Unstable Preferences: A Shift in Valuation or an Effect of the Elicitation Procedure?" Practice Award: The Decision Analysis Society of INFORMS presented its 2002 Practice Award to Jeff Stonebraker of the Bayer Corporation for his work entitled "Commercial Evaluation of a Blood Clot-Busting Drug."

Student Paper: The Decision Analysis Society of INFORMS presented its 2002 Paper Competition Award to Veronika Kobberling for the paper, "Strength of Preference and Cardinal Utility."

 

Health Applications Section
Pierskalla Award: The Health Applications Section of INFORMS presented the Pierskalla Award to Jinho Lim, Michael Ferris and David Shepard of the University of Wisconsin-Madison in "recognition of research excellence in health care management science."

Bonder Scholarship: The Health Applications Section of INFORMS presented the 2002 Bonder Scholarship for Applied Operations Research in Health Applications to Xuanming Su of Stanford University.

 

Military Applications Society
Koopman Prize (2000): The Military Applications Society of INFORMS presented the 2000 Koopman Prize to Kirk Yost and Alan Washburn of the Naval Postgraduate School for their outstanding paper entitled, "The LP/POMDP Marriage: Optimization with Imperfect Information."

Koopman Prize (2001): The Military Applications Society of INFORMS presented the 2001 Koopman Prize to Israel David of Ben-Gurion University of the Negev for his outstanding paper entitled, "Safe Distances."

Bonder Scholarship: The Military Applications Society of INFORMS presented the 2002 Bonder Scholarship for Applied Operations Research in Military Applications to Noah Richmond of Stanford University.

 

Transportation Science Section
Best Paper: The Transportation Science Section of INFORMS presented the Best Paper in Transportation Science Award to Roberto Cominetti of the University of Chile and Jose Rafael Correa of MIT for the paper, "Common-Lines and Passenger Assignment in Congested Transit networks."

Dissertation Prize: The Transportation Science Section of INFORMS presented the 2002 Dissertation Prize to Alvin Lim of Johns Hopkins University for the paper, "Transportation Network Design Problems: An MPEC Approach," and to Iris Vis of Erasmus Universiteit Rotterdam for the paper, "Planning and Control Concepts for Material Handling Systems."

 

Telecommunications Section
Best Paper Presentation: The Telecommunications Section of INFORMS presented its Best Paper Presentation Award to Anant Balakrishnan of the University of Texas-Austin and Prakash Mirchandani of the University of Pittsburgh for their paper, "Computational Investigation of Survivable Network Problems."

 

Optimization Section
Optimization Prize for Young Researchers: The Optimization Section of INFORMS presented its 2002 Optimization Prize for Young Researchers to Samuel Burer of the University of Iowa for his paper, "Semidefinite Programming in the Space of Partial Positive Semidefinite Matrices."

 

QSR Section
Student Paper Award: The Quality, Statistics and Reliability Section of INFORMS presented its 2002 Best Student Paper Award to Wenzhen Huang of the University of Wisconsin-Madison for the paper, "Mode-Based Decomposition of Part Form Error by Biscrete-Cosine-Transform with Implementation to Assembly and Stampling System with Compliant Parts."

 

Rail Applications
Student Competition: The Rail Applications Special Interest Group, in conjunction with Railway Age, presented the 2002 Management Science in Railroad Applications Student Competition Award to Jian Liu of the University of Florida for the paper, "Solving Real-Life Locomotive Scheduling Problems" and to Ramon Lentink and Dennis Huisman of Erasmus Universiteit Rotterdam for their paper, "Shunting Passenger Train Units in a Railway Station."

 

Technology Management Section
Distinguished Speaker Award: The Technology Management Section of INFORMS presented the Distinguished Speaker Award to Stephen Barley of Stanford University for the presentation, "What Happened to Work?"

Dissertation Award: The Technology Management Section of INFORMS presented the 2002 Best Dissertation Award to C. Annique Un of MIT for the thesis, "Organizational Capabilities, Knowledge and Innovation: Strategies for Developing the Capability to Mobilize and Create Knowledge for Innovation," and to Riitta Katila of the University of Texas at Austin for the thesis, "In Search of Innovation: Search Determinants of New Product Introductions."

 

Organization Science
Dissertation Proposal: Anne Parmigiani of the University of Michigan won the Organization Science Section's Dissertation Proposal Competition for her proposed thesis, "Concurrent Sourcing: When Do Firms Both Make and Buy?"



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