Professor Langlois took part in the first UConn Science Salon, joining panelists from across disciplines to discuss “3D Printing: Living Tissue to Human Organ.”
See pictures and highlights from the event at UConn Today.
Author: McConnel, Mark
Prof. Ahking featured in UConn Today
As the debate on the Trans-Pacific Partnership heats up, Prof. Ahking answered questions in UConn Today on the pros and cons of this trade agreement.
The entire Q&A is published on May 6 in UConn Today.
Professor Shor publishes in Operations Research Letters
Professor Mikhael Shor has had his paper, “How collaborative forecasting can reduce forecast accuracy,” accepted by Operations Research Letters.
The brief article compares an independent supplier and retailer who each forecast consumer demand with a jointly-profit-maximizing supplier and retailer who share their forecasts of consumer demand. The move from non-collaborative to collaborative forecasting can have the unexpected impact of decreasing demand forecast accuracy while still increasing profit. Therefore, collaborating firms should maintain a focus on profits, not forecast accuracy, as the appropriate measure of success.
Professor Hallwood Wins Outstanding Researcher Award
Professor Paul Hallwood last week was awarded the Outstanding Researcher award by the Avery Point Director, Professor Marty Wood. The prize is awarded annually to faculty including the science departments.
The citations mentioned that Professor Hallwood is the author of 10 books and about 70 papers in refereed journals, and that he is active in applied work – notably in redesigning a tax system for the Scottish government and earlier as an economic advisor to the Government of Saudi Arabia.
Professors Miceli and Segerson Cited in The Economist
An article on land assembly in developing countries published in the May 2nd-8th 2015 edition of The Economist cited a paper by economics professors Thomas Miceli and Kathleen Segerson. The article discusses problems developing countries face in assembling land for large-scale economic development projects.
The author writes, “A theoretical model set out in a paper published in 2011 by Thomas Miceli and Kathleen Segerson of the University of Connecticut shows that when a buyer has to negotiate in sequence with sellers of contiguous plots of land, the price of each successive sale will rise. Landowners know the project cannot proceed unless the buyer acquires all the plots he needs. The more he acquires, the greater the cost of abandoning the project. The ransom those yet to sell can demand increases accordingly.”
The article referred to is “Land Assembly and the Holdout Problem Under Sequential Bargaining,” which was published in the American Law and Economics Review, Vol. 14 (2012): 372-390.