Research
Research | Research interests | Visiting researchers
Research in Decision Sciences
Research in Decision Sciences has an applied focus, working with companies to introduce advanced methods of decision technology.
Decision Sciences research at London Business School provides a focus for innovative multi-disciplinary research on applications of new business-modelling technologies to individual and organisational decision-making. Decision Sciences undertakes collaborative research, and organises courses, seminars and symposia.
Almost all of the Decision Sciences research programmes and projects involve collaboration with business organisations, from a wide variety of sectors including financial services, utilities and manufacturing.
In addition to two established research programmes:
- Advanced Decision Support and Strategic Modelling, where several themes of work involve the use of innovative simulation and business modelling techniques to help understand the dynamics of market behaviour and competitive strategy.
- Energy Modelling, which has taken a distinctly model-based approach to the analysis of important problems of policy and planning including competition, pricing and regulation in the new energy markets, UK and worldwide.
Energy Markets Group
Electricity course
there are also a number of new initiatives being vigorously developed by faculty who have joined in recent years.
Faculty research interests in Decision Sciences
Current faculty research interests in DS have developed via an internationally recognised programme in energy economics in the Energy Markets Group, and a long-standing specialisation in system dynamics, in the System Dynamics Group.
Furthermore, a range of themes have achieved prominence over the years – during the 1990s the focus was on advanced financial forecasting and neural network techniques. More recently, individual initiatives exploring operations research topics clustering around award-winning research in optimisation, related project portfolio management and airline revenue management have achieved substantial impact.
Professor Derek Bunn
- Computational Learning and Evolutionary Economics
- Electricity and Energy Economics
- Forecasting
- See also Energy Markets Group
Professor Zeger Degraeve
- Managerial Decision Making: Techniques, Psychological Influences and Experiments
- Risk Assessment: Uncertainty and the Future, Scenario Analysis
- Real Investment Analysis: Valuation of New Product Development, Capital Budgeting, Real Options Analysis and Valuation, Project Portfolio Management
- Procurement and Supply Decisions using Total Cost of Ownership
- Operations Management, Operations Research, Optimization.
- Decision Analysis and Decision Support, Computer modelling
Asst. Professor Victor DeMiguel
- Financial Portfolio Optimization
- Airline Revenue Management
- Numerical Optimization
Asst. Professor Bert de Reyck
- Project Management; Program Management; Project Portfolio Management
- R&D Project Valuation and Contract Management
- Decision Analysis; Risk Analysis; Real Options
- Applications of Management Science and Operations Research.
- Development of Optimisation Methodology
Asst. Professor Kristin Fridgeirsdottir
- Stochastic Modelling
- Queueing Theory
- Product Portfolio Management
- Revenue Management
- Supply Chain Management
Adjunct Associate Professor John Morecroft
- Strategic Modelling and Simulation
- System Dynamics and Models of the Firm
- Business Dynamics and Competitive Advantage
- Problem Structuring Methods
- See also System Dynamics Group
Asst. Professor Catalina Stefanescu
- Applied Statistics
- Financial Engineering
- Revenue Management
Visiting researchers
In addition to visiting researchers hosted by the Energy Markets Group, Decision Sciences hosts visiting post-doctoral scholars, faculty on sabbatical and PhD students who co-work directly with faculty, on a range of research projects. Sometimes funded by the British Council, recent visitors have included:
- Carlos Jaime Franco – Universidad Nacional de Colombia
- Juergen Strohhecker – Hochschule fur Bankwirtschaft, Frankfurt/Main visiting System Dynamics Group
- Raf Jans – Katholieke Universiteit Leuven
- Lucio Medeiros – PUC Rio de Janeiro
- Janne Gustafsson – Helsinki University of Technology
- Roel Leus – Katholieke Universiteit Leuven
- Carlo Fezzi – University of Bologna.
