My research focuses on the intended and unintended consequences of language in financial markets. I examine this relationship across a number of contexts, such as the Federal Reserve, initial public offerings, and mergers and acquisitions. More broadly, my work aims to develop new theoretical and methodological approaches to understand the role of language in society.
Professor Saigal has held faculty positions at the Haas School of Business, Berkeley and the department of Industrial Engineering and Management Sciences at Northwestern University, has been a researcher at the Bell Telephone Laboratories and numerous short term visiting positions. He currently teaches courses in Financial Engineering. In the recent past he taught courses in optimization, and Management Science. His current research involves data based studies of operational problems in the areas of Finance, Transportation, Renewable Energy and Healthcare, with an emphasis on the management and pricing of risks. This involves the use of data analytics, optimization, stochastic processes and financial engineering tools. His earlier research involved theoretical investigation into interior point methods, large scale optimization and software development for mathematical programming. He is an author of two books on optimization and large set of publications in top refereed journals. He has been an associate editor of Management Science and is a member of SIAM, AMS and AAAS. He has served as the Director of the interdisciplinary Financial Engineering Program and as the Director of Interdisciplinary Professional Programs (now Integrative Design + Systems) at the College of Engineering.
Matias D. Cattaneo, Ph.D., is Professor of Economics and Statistics in the College of Literature, Science, and the Arts at the University of Michigan, Ann Arbor.
Prof. Cattaneo’s research interests include econometric theory, mathematical statistics, and applied econometrics, with focus on causal inference, program evaluation, high-dimensional problems and applied microeconomics. Most of his recent research relates to the development of new, improved semiparametric, nonparametric and high-dimensional inference procedures exhibiting demonstrable superior robustness properties with respect to tuning parameter and other implementation choices. His work is motivated by concrete empirical problems in social, biomedical and statistical sciences, covering a wide array of topics in settings related to treatment effects and policy evaluation, high-dimensional models, average derivatives and structural response functions, applied finance and applied decision theory, among others.
Professor Perera is Assistant Professor of Operations and Supply Chain Management in the School of Management at the University of Michigan, Flint
Professor Perera’s research broadly focuses on Supply Chain Management, Revenue Management, the Operations-Finance interface, the Operations-Marketing interface, Healthcare Operations Management and Financial Engineering. He is particularly interested in stochastic and deterministic inventory problems under general cost structures, government (central bank) operations in the foreign exchange market, consumer behavior under social learning, optimal delivery strategies for various supply chain networks, and asymmetric information in fads models. His recent research in healthcare operations management, revenue management, stochastic inventory management and financial engineering are mainly data and algorithm oriented.
My research focus is on the development and application of machine learning tools to large scale financial and unstructured (textual) data to extract, quantify and predict risk profiles and investment grade rating of private and public companies. Example datasets include social media and financial aggregators such as Bloomberg, Pitchbook, and Privco.
Luis Ortiz, PhD, is Assistant Professor of Computer and Information Science, College of Engineering and Computer Science, The University of Michigan, Dearborn
The study of large complex systems of structured strategic interaction, such as economic, social, biological, financial, or large computer networks, provides substantial opportunities for fundamental computational and scientific contributions. Luis’ research focuses on problems emerging from the study of systems involving the interaction of a large number of “entities,” which is my way of abstractly and generally capturing individuals, institutions, corporations, biological organisms, or even the individual chemical components of which they are made (e.g., proteins and DNA). Current technology has facilitated the collection and public availability of vasts amounts of data, particularly capturing system behavior at fine levels of granularity. In Luis’ group, they study behavioral data of strategic nature at big data levels. One of their main objectives is to develop computational tools for data science, and in particular learning large-population models from such big sources of behavioral data that we can later use to study, analyze, predict and alter future system behavior at a variety of scales, and thus improve the overall efficiency of real-world complex systems (e.g., the smart grid, social and political networks, independent security and defense systems, and microfinance markets, to name a few).
Prof. Lenk develops Bayesian models that disaggregate data to address individuals. He also studies Bayesian nonparametric methods and currently consider shape constraints. Prof. Lenk teaches and uses data mining methods such as recursive partition and neural networks.
My research examines how people make choices in uncertain environments. The general focus is on using statistical models to explain complex decision patterns, particularly involving sequential choices among related items (e.g., brands in the same category) and dyads (e.g., people choosing one another in online dating), as well as a variety of applications to problems in the marketing domain (e.g., models relating advertising exposures to awareness and sales). The main methods used lie primarily in discrete choice models, ordinarily estimated using Bayesian methods, dynamic programming, and nonparametrics. I’m particularly interested in extending Bayesian analysis to very large databases, especially in terms of ‘fusing’ data sets with only partly overlapping covariates to enable strong statistical identification of models across them.
Jun Li, PhD, is Assistant Professor in the department of Technology and Operations in the Ross School of Business at the University of Michigan, Ann Arbor.
Jun Li’s main research interests are empirical operations management and business analytics, with special emphases on revenue management, pricing, consumer behavior, economic and social networks. She has worked extensively with large-scale data, including transactions, pricing, inventory and capacity, consumer online search and click stream data, supply chain relationships and disruptions, clinical and healthcare claims. She is the Winner of INFORMS Revenue Management and Pricing Practice Award for her close collaboration with retailing practitioners in implementing best response pricing algorithms. Her paper on airline pricing and consumer behavior is the finalist for Best Management Science Papers in Operations Management 2012 to 2014. She is also the principal investigator of a National Science Foundation funded project: “Gaining Visibility Into Supply Network Risks Using Large-Scale Textual Analysis”. Her work has enjoyed coverage by The Economist, New York Times and Forbes.
Dr. Song interested in the development and application of theories and methodologies from Data Science to solve scientific problems arising from medical and public health sciences, in particular from the fields of environmental health sciences and nutritional sciences. People from his lab are strongly interested in interdisciplinary research in the areas of statistics, operation research, and machine learning, with the core interest in the statistical foundation of big data analytics, and with target applications in processing and analyzing big data from various applied sciences, including asthma, environmental health sciences, nephrology, and nutritional sciences. His research projects have been funded by NIH, NSF and DARPA funding agencies. Visit Song Lab webpage for detail: http://www.umich.edu/~songlab/