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  • Faculty News & Honors

    MIT Sloan faculty members are consistently recognized as leading experts, researchers, and practitioners in every field of business and management. Through their research, teaching, and thought leadership, they advance the public discourse on management and are routinely honored for their groundbreaking work.

  • In the News
  • Honors
    • Outstanding Service Award Goes to Sterman
      John Sterman has won the System Dynamics Society Outstanding Service Award. This award recognizes individuals who have made exceptional contributions to the society over an extended period of time, on a volunteer basis, in a way that benefits the development and advancement of system dynamics, helps the society achieve its goals, and sets a standard to inspire others.  Professor Peter Milling, chair of the award committee, noted that awardees are “individuals who besides having exhibited the highest standards of service excellence, dedication, and accomplishment … also have taken initiatives to move the society forward and created positive results for society members and the larger community of people interested in System Dynamics.” He highlighted Sterman’s service in leadership roles on the society’s policy council, as conference program chair, as editor of the System Dynamics Review, and as creator of numerous society initiatives.
      Faculty: John Sterman
    • Distelhorst wins Dorothy Day Award
      Greg Distelhorst has won the 2018 Dorothy Day Award for Outstanding Labor Research from the American Political Science Association (APSA) Labor Politics Related Group. This award recognizes the best paper presented on any panel at the prior year’s APSA Annual Meeting that contributed to labor scholarship.
      Distelhorst’s winning paper, co-authored with Rick Locke (Brown University; formerly MIT), is entitled “Does Compliance Pay?  Social Standards and Firm-Level Trade” (American Journal of Political Science, July 2018, 62:3, 695-711). The two authors summarized the paper in a short blog entry.
      Faculty: Greg Distelhorst
    • Tucker wins O’Dell Award
      Catherine Tucker has won the 2018 William F. O’Dell Award from the American Marketing Association (AMA). This annual award honors the Journal of Marketing Research article published five years ago (in 2013) that has made the most significant, long-term contribution to marketing theory, methodology, and/or practice. Tucker’s winning paper, co-authored with Anja Lambrecht (London Business School), is entitled “When Does Retargeting Work? Information Specificity in Online Advertising” (Journal of Marketing Research, October 2013, 50:5, 561-576).
      Faculty: Catherine Tucker
    • Frances Perkins Center Honors Kochan
      The Frances Perkins Center has named Tom Kochan as its 2018 Intelligence and Courage Award recipient, recognizing his outstanding work in the areas of social justice and economic security. These are causes to which Frances Perkins, the first female Cabinet secretary, as President Franklin D. Roosevelt’s Secretary of Labor, devoted her career. Perkins was the author of many foundational New Deal labor and economic reforms. The award’s name derives from a 1929 speech when Perkins pledged (as a New York State Industrial Commissioner): “I promise to use what brains I have to meet problems with intelligence and courage.” Frances Perkins Center Board Member Allison Beck wrote: “Tom has dedicated his life’s work to the challenges facing working families. His research, scholarship, and teaching reflect the intelligence and courage with which Tom has always met the problems of our times.”
      Faculty: Tom Kochan
    • Kochan wins ILERA Academic Excellence Award
      Thomas Kochan is the first-ever winner of the International Labour and Employment Relations Association (ILERA) Academic Excellence Award. This award, which will be given every three years, was created to recognize outstanding academic achievements in the field of labor and employment relations. The award selection committee, comprised of distinguished scholars from around the world, selected Kochan in recognition of his lifelong contributions to the field.
      Faculty: Thomas Kochan
    • Pinnacle Achievement Award Given to Lo
      Andrew W. Lo is the winner of the 2018 Pinnacle Achievement Award from CME Group and BarclayHedge. This is the highest recognition of outstanding achievement among the Managed Futures Pinnacle Awards honoring top managed futures industry leaders. A video spotlighting Lo as the winner can be found here (scroll down for video to listen to his thoughts on his work).
      Faculty: Andrew W. Lo
    • Tucker receives long term impact award
      Catherine Tucker has won the 2018 INFORMS Society for Marketing Science Long Term Impact Award. This annual award recognizes a paper published in Marketing Science, Management Science, or another INFORMS journal that is regarded as having made a significant long-term impact on the field of marketing. Tucker’s winning paper, co-authored with Avi Goldfarb (University of Toronto), is entitled “Online Display Advertising: Targeting and Obtrusiveness.
      Faculty: Catherine Tucker
    • Distelhorst wins “People’s Choice” award
      Greg Distelhorst has won the 10th annual Alliance for Research on Corporate Sustainability (ARCS) Research Conference “People’s Choice” award, recognizing the best paper at the conference based on participant votes. Distelhorst’s winning paper, co-authored with Anita McGahan (University of Toronto), is entitled “Internal Stakeholders and Socially Irresponsible Employment:  Evidence from Exporters in Emerging Markets.” The award was presented at the ARCS conference, held this year in Cambridge at the MIT Sloan School of Management
      Faculty: Greg Distehlhorst
    • School promotes faculty members
      MIT Sloan recently promoted several faculty members. The following promotions are effective July 1, 2018:
      Christian Catalini (Technological Innovation, Entrepreneurship, and Strategic Management) from Assistant Professor to Associate Professor
      Gonzalo Cisternas (Applied Economics) from Assistant Professor to Associate Professor
      Nikolaos (Nikos) Trichakis (Operations Management) from Assistant Professor to Associate Professor
      Tauhid Zaman (Operations Management) from Assistant Professor to Associate Professor
      Nemit Shroff (Accounting) from Associate Professor without Tenure to Associate Professor with Tenure
      Eric So (Accounting) from Associate Professor without Tenure to Associate Professor with Tenure
      Catherine (Cat) Turco (Work and Organization Studies) from Associate Professor without Tenure to Associate Professor with Tenure
      Vivek Farias (Operations Management) from Associate Professor with Tenure to Full Professor
    • Perakis wins first prize
      Georgia Perakis has won first prize in the 3rd Production and Operations Management Society (POMS) Applied Research Challenge (ARC), a biennial competition recognizing rigorous applied research that is innovative and relevant to practice in its managerial insights, implementable ideas, and impact on practice and research. An academic panel selected finalists to present their work at the 2018 POMS Annual Meeting, and a practitioner judge panel of recognized practice leaders selected the winner. Perakis’s winning paper, co-authored with her MIT Operations Research Center PhD students Lennart Baardman and Divya Singhvi as well as industry collaborator Igor Levin (Johnson & Johnson), is entitled “Leveraging Comparables for New Product Sales Forecasting.” An extended abstract of the paper will be published in Production and Operations Management (POM), and the paper is currently under review for publication at Operations Research.
      Faculty: Georgia Perakis
    • Aral’s efforts to address “fake news” recognized
      Sinan Aral has won the 2018 Fellows Choice Award (Academic division), an Excellence in New Communications Award from the Society for New Communications Research of The Conference Board (SNCR). These awards honor the work of innovative organizations and individuals “who are advancing the use of digital and social media, mobile media, collaborative technologies, virtual reality, and other emerging digital technologies to improve business, media, health, law, culture, and society.” Fellows Choice Award winners were chosen by SNCR Fellows this year for their “exemplary effort to address fake news.” Aral’s winning paper, co-authored with Soroush Vosoughi and Deb Roy (both at the MIT Media Lab in the Laboratory for Social Machines), is entitled “The Spread of True and False News Online.” NCR, a research and education institution dedicated to the advanced study of how new and emerging communications tools and technologies are affecting business, media, health, law, culture, and society, is part of The Conference Board, a global, independent business membership and research association working to provide the world’s leading organizations with the practical knowledge needed to improve performance and better serve society.
      Faculty: Sinan Aral
    • Wixom wins best paper competition
      Barbara Wixom has won the 2018 Society for Information Management (SIM) Best Paper Competition. Her winning paper, a case study entitled, “BBVA Fuels Digital Transformation Progress with a Data Science Center of Excellence,” will be submitted to the MISQ Executive journal for potential publication. After several rounds of review, the award reviewer team of seven professionals particularly noted the innovativeness and re-applicability of Wixom’s paper, which addresses real-world issues and “provides thought leadership for guiding ‘real-world’ practices.”
      Faculty: Barbara Wixom
    • MIT Sloan honors instructors
      The 2018 MIT Sloan Excellence in Teaching Awards for the 2017-2018 academic year were recently announced. The Samuel E. Seegal Faculty Prize winner is Joe Weber (Accounting), in recognition of his having inspired students in pursuing and achieving excellence. The Jamieson Prize for Excellence in Teaching, established to honor educational innovation and excellence, was awarded to Deborah Ancona (Work and Organization Studies) and Bob Pindyck (Applied Economics). Adrien Verdelhan (Finance) was named the Sloan School Teacher of the Year, and Rodrigo Verdi (Accounting) received an Outstanding Teacher Award.
    • NBER appoints 4 from MIT Sloan as Faculty Research Fellows
      The National Bureau of Economic Research (NBER) has recently appointed four MIT Sloan faculty members as Faculty Research Fellows. Christian Catalini has been appointed a fellow in the Productivity, Innovation, and Entrepreneurship program; Namrata Kala, a fellow in the Development Economics program; Christopher Palmer, a fellow in the Corporate Finance program; and Claudia Steinwender, a fellow in both the Productivity, Innovation, and Entrepreneurship and the International Trade and Investment programs. The NBER is the nation’s leading nonprofit economic research organization, whose affiliates have included 27 Nobel Prize winners and 13 past chairs of the President’s Council of Economic Advisers. While the NBER remains impartial and does not make public policy recommendations, NBER research findings are disseminated among academics, public policy makers, and business professionals, bringing critical information to many important public policy debates.
      Faculty: MIT Sloan School of Management
    • Van Reenen wins HBR McKinsey Award
      John Van Reenen has won the 2017 HBR McKinsey Award, which recognizes “practical and groundbreaking management thinking” in selecting the best Harvard Business Review article of the year. Van Reenen’s winning paper, co-authored with Raffaella Sadun (Harvard Business School) and Nicholas Bloom (Stanford University), is entitled, “Why Do We Undervalue Competent Management?” (Harvard Business Review, September-October 2017, 120-127).
      The award was announced recently and appears in the May-June issue of Harvard Business Review.
      Faculty: John Van Reenen
    • Three marketing group faculty members named 2018 MSI Scholars
      Sinan Aral, Catherine Tucker, and Juanjuan Zhang have been named 2018 MSI Scholars by the Marketing Science Institute (MSI). This new honor “was developed to recognize excellence in marketing scholarship, develop a cohort across marketing disciplines, and strengthen ties between scholars and MSI.” The inaugural class of 34 mid-career faculty MSI Scholars includes not only all three of MIT Sloan’s mid-career marketing faculty but also two MIT Sloan PhD graduates, Leonard Lee (now at National University of Singapore Business School) and Jiwoong Shin (now at Yale School of Management). “The MSI Scholars are among the most prominent marketing scholars in the world, and we look forward to their ideas about setting the agenda for the field and helping to bridge the gap between research and practice,” said Carl Mela, Duke University’s Fuqua School of Business and MSI executive director).
      Faculty: MIT Sloan Marketing Group
    • Presidential Early Career Award given to Vielma
      Juan Pablo Vielma is a 2017 recipient of the Presidential Early Career Awards for Scientists and Engineers (PECASE), the highest honor bestowed by the U.S. government on outstanding scientists and engineers in the early stages of their independent research careers, in recognition of “their pursuit of innovative research at the frontiers of science and technology and their commitment to community service.” Vielma was nominated by the National Science Foundation for this award, which has been coordinated annually since 1996 by the Office of Science and Technology Policy within the Executive Office of the President.
      The award was announced in January last year by the White House and conferred by then-President Obama, who praised the “impactful work” of award recipients. “These innovators are working to help keep the United States on the cutting edge, showing that federal investments in science lead to advancements that expand our knowledge of the world around us and contribute to our economy,” Obama said.
      Faculty: Juan Pablo Vielma
    • GARP honors Lo as Risk Manager of the Year
      Andrew W. Lo has been named Risk Manager of the Year for 2017 by the Global Association of Risk Professionals (GARP). Lo was cited for his “extensive and distinguished academic work and contributions to the risk management profession.” “Andrew is an inspiration to all of us who believe that risk management is everyone's responsibility and should be solidly embedded in the culture and decision-making processes of every organization,” said Richard Apostolik, GARP president and CEO. Apostolik added that Lo joins a distinguished line of honorees “who have contributed in exceptional ways to risk management and the risk profession.”
      Faculty: Andrew W. Lo
    • Mazumder’s research honored by Office of Naval Research
      Rahul Mazumder is the recipient of a 2018 Young Investigator Program (YIP) Award from the Office of Naval Research (ONR). Known as one of the oldest and most selective U.S. science and technology basic research programs, the ONR YIP funds early-career academic researchers (investigators) “whose scientific pursuits show outstanding promise for supporting the Department of Defense, while also promoting their professional development.”
      The awards were announced last week. Mazumder is one of five MIT awardees among the 31 scientists chosen from a broad spectrum of technical fields, whose research was deemed to hold “strong promise across a wide range of naval-relevant science and technology areas,” “based on past performance, technical merit, potential for scientific breakthrough and long-term university commitment.”
      Mazumder’s three-year project, entitled “Combinatorial Statistical Inference with Mathematical Optimization,” will create new methodology to address key inferential problems central to modern applied statistics and data science, using techniques in mathematical optimization. This new methodology could then be applied to a wide range of problems in support of the U.S. Navy and Department of Defense.
      Faculty: Rahul Mazumder
    • Lo’s book wins PROSE Award
      Andrew W. Lo’s book "Adaptive Markets: Financial Evolution at the Speed of Thought" (Princeton University Press, 2017) has won the 2018 Professional and Scholarly Excellence (PROSE) Award for Excellence in Social Sciences, from the Professional and Scholarly Publishing Division of the Association of American Publishers. The annual awards recognize “the very best in professional and scholarly publishing by bringing attention to distinguished books, journals, and electronic content in 58 categories” and have been judged since 1976 by peer publishers, librarians, and medical professionals. The award was presented during the PSP Annual Conference in Washington, D.C.
      Faculty: Andrew W. Lo
    • Graves elected to National Academy of Engineering
      Steve Graves has been elected a member of the National Academy of Engineering for his “contributions to the modeling and analysis of manufacturing systems and supply chains.” Considered among the highest professional distinctions for an engineer, election to the NAE honors outstanding contributions to “engineering research, practice, or education, including … significant contributions to the engineering literature” and to “the pioneering of new and developing fields of technology, making major advancements in traditional fields of engineering, or developing/implementing innovative approaches to engineering education.”
      The newly elected NAE class of 2018 will be formally inducted in Washington, D.C., later this year.
      Faculty: Steve Graves
    • NBER Corporate Finance program appoints Schoar as co-director
      Antoinette Schoar has been appointed as co-director of the National Bureau of Economic Research (NBER) Corporate Finance program. The NBER is a nonprofit economic research organization, dedicated to conducting research on a wide variety of issues confronting society, as well as disseminating research findings among academics, public policy makers, and business professionals. With more than 1,400 scholars who are professors of economics and business at colleges and universities in North America, the NBER is a private and nonpartisan organization supported by research grants from government agencies and private foundations, by investment income, and by individual and corporate contributions. Twenty-seven Nobel Prize winners in Economics and 13 past chairs of the U.S. President's Council of Economic Advisers have held NBER affiliations.  

      Schoar was appointed for her “wide-ranging” research that “spans many issues, including venture capital, entrepreneurship, household finance, and financial intermediation.” She has been a member of the NBER CF program since 2001 and also directs the NBER Working Group on Entrepreneurship.

      Schoar is co-leading the NBER Corporate Finance program with Amir Sufi of the University of Chicago Booth School of Business. Their term began in January.
      Faculty: Antoinette Schoar
    • Markowitz Award given to Lo
      Andrew W. Lo has won the 2017 Harry M. Markowitz Award, sponsored jointly by the Journal of Investment Management and New Frontier Advisors, LLC. This annual award honoring the legacy of financial economist and mathematician Harry Markowitz supports future research and innovation in practical asset management. Lo’s winning paper, chosen from the 2017 papers published in JOIM, is entitled, “Moore’s Law vs. Murphy’s Law in the Financial System: Who’s Winning?” (Journal of Investment Management, 15(1):17-38).
      Faculty: Andrew W. Lo
    • Gloor receives best paper award
      Peter Gloor has won the 2016 Thomas P. Hustad Best Paper Award from The Journal of Product Innovation Management, a publication of Product Development and Management Association (PDMA). Gloor’s winning paper, published in March 2016 and co-authored with Jan Kratzer (Berlin Institute of Technology), Christopher Lettl (Vienna University of Economics and Business), and Nikolaus Franke (Vienna University of Economics and Business), is entitled, “The Social Network Position of Lead Users” (The Journal of Product Innovation Management, 33(2):201-216).
      The award was presented in Chicago at the 2017 PDMA Research Forum.
      Faculty: Peter Gloor
    • Thesmar wins Brattle Group Distinguished Paper Prize
      David Thesmar has won the 2017 Brattle Group Distinguished Paper Prize. This annual award recognizes outstanding papers on corporate finance published in The Journal of Finance, the official publication of The American Finance Association. Thesmar’s winning paper, published in February 2017 and co-authored with Martin Schmalz (Michigan Ross) and David Sraer (Berkeley Haas), is entitled, “Housing Collateral and Entrepreneurship” (The Journal of Finance, 72(1):99-132). The award was presented at the 2018 Annual Meeting of the American Finance Association.
      Faculty: David Thesmar
    • Zhu wins Amundi Smith Breeden Prize
      Haoxiang Zhu has won the 2017 Amundi Smith Breeden Prize (First Prize) for the best paper in any area other than corporate finance in The Journal of Finance, which is the official publication of The American Finance Association. Zhu’s winning paper, co-authored with Darrell Duffie (Stanford) and Piotr Dworczak (University of Chicago), is entitled, “Benchmarks in Search Markets” (The Journal of Finance, 72(5):1983-2044). The award was presented at the 2018 Annual Meeting of the American Finance Association in Philadelphia.
      Faculty: Haoxiang Zhu
    • Aral wins Herbert Simon Award
      Sinan Aral has been honored with the 2017 Herbert Simon Award of Rajk László College for Advanced Studies in Budapest, Hungary, where members of the college study economics, business, and social sciences. The economics students there established the John von Neumann Award in 1995, and the business students established the Herbert Simon Award (named after Nobel laureate Herbert Simon) in 2005. The College Assembly who voted for Aral cited the way he combines “outstanding research with real-life experience,” noting that his “groundbreaking thoughts in the fields of social commerce, information diffusion in social networks and big data applications would inspire us and improve our thinking on how technology shapes the world’s business environment.” Aral will formally receive the award in 2018 when he visits Rajk László College to give a public presentation and a college seminar.
      Faculty: Sinan Aral
    • INFORMS honors Vielma with ICS Prize
      Juan Pablo Vielma has received the 2017 INFORMS (Institute for Operations Research and the Management Sciences) Computing Society (ICS) Prize, an annual award recognizing the best English-language “paper or group of related papers dealing with the Operations Research/Computer Science interface.”
      Below is Vielma’s winning trio of papers:
      Mixed-Integer Models for Nonseparable Piecewise-Linear Optimization: Unifying Framework and Extensions,” Operations Research 58(2):303-315, 2010 (co-authored with Shabbir Ahmed and George Nemhauser, both of Georgia Tech).
      Modeling Disjunctive Constraints with a Logarithmic Number of Binary Variables and Constraints,” Mathematical Programming 128:49-72, 2011 (co-authored with George Nemhauser).
      Embedding Formulations and Complexity for Unions of Polyhedra,” forthcoming in Management Science, 2017.
      The award was presented in October at the INFORMS Computing Society Business Meeting during the 2017 INFORMS Annual Meeting in Houston.
      Faculty: Juan Pablo Vielma
    • Sterman elected as AAAS Fellow
      John Sterman has been elected as a Fellow of the AAAS (American Association for the Advancement of Science). AAAS Fellows are elected by their peers in recognition of their scientifically or socially distinguished efforts to advance science. Sterman in particular was recognized for his “distinguished contributions to improving decision-making in complex systems, including corporate strategy and operations, energy policy, public health, environmental sustainability, and climate change.” The 2017 AAAS Fellows were formally announced recently in the AAAS News and Notes section of Science and will be honored at a ceremony in February 2018 at the AAAS Annual Meeting in Austin, Texas.
      Faculty: John Sterman
    • Jónasson’s proposal wins Grand Challenges Explorations Grant
      Jónas Oddur Jónasson has been awarded a Grand Challenges Explorations Grant in Innovations for Integrated Diagnostics Systems from the Bill & Melinda Gates Foundation. Grand Challenges is “a family of initiatives fostering innovation to solve key global health and development problems.” The challenge initiatives invite proposals twice a year and fosters collaboration and a growing network of research and funding partnerships for global impact. Jónasson’s proposal for Utawaleza - Rainbow Transport includes developing an algorithm using the daily numbers and locations of clinical samples needing transport between health centers and diagnostic laboratories to design optimal courier routes in low-resource settings, to lower costs and maximize the positive public health impact. He and his collaborators will test their system in Malawi, Africa. The grant award was announced on the Grand Challenges website.
      Faculty: Jónas Oddur Jónasson