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
The University of Connecticut School of Business has been awarded a four-year U.S. Department of Education CIBER grant in excess of $1.1 million, to produce a series of programs and partnerships that center around manufacturing.
The CIBER—Center for International Business Education and Research—award comes following an extremely competitive application process in which only half of applicants had their awards renewed.Continue Reading
At the beginning of this month, the Teaching and Research Committee met and evaluated nominations for the annual Faculty Awards. A total of nine winners, a runner up, and two honorable mentions were awarded.
Under the Research category the winners are Sarah Rice and David Weber for Best Paper. Their paper is titled “How Effective is Internal Control Reporting under SOZ 404? Determinants of the (Non-) Disclosure of Existing Material Weaknesses.” Continue Reading