News & Events

Faculty Projects and Papers Receive Nominations

Several faculty members from the Henry B. Tippie College of Business have been notified that their projects and papers have been nominated for awards that will be presented later this spring.

Management Science faculty members Tim Lowe and Phil Jones were notified that their Syngenta project is one of six finalists for the Institute for Operations Research and the Management Sciences (INFORMS) Edelman Prize. The team will present their work at the Montreal INFORMS practitioners conference this spring.

The purpose of the Franz Edelman competition is to call out, recognize and reward outstanding examples of management science and operations research practice in the world, with $15,000 in awards. First prize is accompanied by a $10,000 honorarium.

The team worked with Executive MBA alumnus Greg Kegler, the vice president of Supply Management for Syngenta Seed Company (formerly Novartis), and Rodney D. Traub, assistant professor, North Dakota State University and former UI assistant professor. Together they developed and successfully tested a new model for managing uncertainties in the supply of and demand for hybrid seed corn. An article describing their project is featured in the Spring 2001 issue of Business at Iowa, which is available online in a pdf format.

Finance faculty member Toni Whited has been notified that her paper, "Is It Inefficient Investment that Causes the Diversification Discount?" has been selected as one of 11 finalists for a Brattle award. Each year at the annual membership meeting of the American Finance Association, the Journal of Finance awards two Brattle Prizes for best papers in the field.

The Brattle Prizes are awarded annually for outstanding papers on corporate finance. The winning papers are chosen by the associate editors of the Journal of Finance from the papers published in the journal in the prior year. While the prize amounts change occasionally, the prizes are usually $10,000 for first and $5,000 for second.

Whited's paper deals with diversified conglomerates that are valued less than matched portfolios of pure-play firms. She examines and challenges recent studies that find that this diversification discount results from conglomerates' inefficient allocation of capital expenditures across divisions.

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