Problem definition: Overbooking is commonly employed by outpatient clinics to counteract no-shows. State-of-the-art appointment scheduling systems are composed of a machine learning component, which predicts the individual patients’ no-show probability, and an optimization component, which...

How executive pay -- particularly cash-based incentive bonuses -- is structured can have as much if not greater consequences for firm-wide and systemic risk than the gross amount of executive pay. The public policy debate over executive pay in the banking sector has placed too much emphasis on...

The financial crisis which manifested in the United States in 2008, revealed the extent to which the largest and most interconnected financial institutions in the U.S. had become "too big to fail", i.e., so systematically and significantly interwoven with each other and the entire U.S. and...