
OPIM Professor Robert Day’s Combinatorial Auction Algorithm Employed Throughout Europe, Canada in Billion-Dollar Bidding Deals
When the Canadian government wanted to apportion mobile broadband services in February 2014—so that there would be plenty of cell-phone coverage, competitive prices and more provider options nationwide—it used an algorithm devised by UConn Business Professor Bob Day and his colleagues.
Day, a professor of Operations and Information Management in the School of Business, is an expert in combinatorial auctions. His services have been called upon by the governments in Canada and England, who have collected over $8 billion in auction revenues for just two projects he worked on in 2013 and 2014.Continue Reading