Sloan Career Development Associate Professor of Operations Research
Office: E53-359, 77 Massachusetts Avenue, Cambridge MA 02139, USA.
Tel: (617)253-8277.
Email: georgiap@mit.edu
Georgia Perakis is an Associate Professor at the Sloan School of Management at MIT. She received an M.S. degree and a PhD in Applied Mathematics from Brown University. Since the summer of 1998 she joined the faculty at the Sloan School of Management at MIT, where she is currently.
Georgia Perakis' research interests include applications of optimization and equilibrium in revenue management, dynamic pricing, the study of auctions and competitive supply chain management. Furthermore, her research tries to understand traffic patterns in dynamic settings. She has received the CAREER / PECASE award, the Graduate Student Council
Teaching Award for excellence in teaching, the Sloan Career Development Chair. Perakis has been an Associate Editor for the journal Management Science and for the journal of Naval Logistics Research, an Area Editor in the area of Supply Chain Management and Services for the journal Networks and Spatial Economics and the editor in Chief for the journal of Pricing and Revenue Management. Perakis was a member of the Informs Council and the chair of the Pricing and Revenue Management Section of the Informs society.
Pricing, Revenue Management and Supply Chain :
Dynamic pricing in the presence of competition.
Contract Theory and Coordination in Competitive Supply Chains
Internet Applications (Design of Auctions from a Bidder’s and Seller’s perspective).
Transportation:
Dynamic and Static Traffic Assignment and Traffic Equilibrium Problems
Mathematical Programming:
Variational Inequality,
Fixed Point and
Equilibrium Problems
Nonlinear Optimization
Price of Anarchy:
In Traffic, Oligopolistic Pricing, Competitive Supply Chains.
Data, Models and Decisions
; Core MBA class on Quantitative Modeling. This course is taken by all first year MBA students.
Decision Technologies for Managers; Elective Course for MBA Students on Applications of Optimization and Statistics. Application areas include Dynamic Pricing and Revenue Management. Follow up course to Data Models and Decisions.
Nonlinear Programming; PhD level course on Nonlinear Optimization.
Optimization Methods; Master level course on Optimization Methods. This course has a distant education component
and has both students at MIT and students live from Singapore.
Systems Optimization; Master level course. Follow up course on applications of "Optimization Methods". This course also has a distant education component
and has both students at MIT and students live from Singapore.
Readings in Optimization; PhD level course on Special Topics. Taught three times. Covered topics such as Revenue Management, Dynamic Pricing, Dynamic Traffic Assignment and Equilibrium, Robust Optimization.
Special Seminar in Applied Probability; Online Auctions. PhD level course on Online Auctions.
PECASE Award; (Presidential Early Career Award) awarded by the office of the President of the United States on Science and Technology. Period 2000-2005, (also awarded the CAREER Award, NSF).
Graduate Student Council Teaching Award; May 2002, given each year to one professor from each school at MIT, for excellence in teaching a graduate level course.
Sloan Career Development Chair (July 2002-June 2005).
UTC Award; From the University Transportation Research Consortium, 2000-2001.
Charles Reed Faculty Initiative Award; 2000-2001 (awarded for innovative research by the Institute).
eBusiness Vision Fund Award; 2000-2001 (through the E-Business Center).
NSF award; "Computing Equilibria: Averaging Methods for Fixed Points and
Variational Inequalities", 1996-1999.
NSF award; "Complexity Theory for Variational Inequalities and Mathematical
Programs", 1993-1996.
Annual Prize in Mathematics in memory of Stella Dafermos; Brown University.
Applied Mathematics Fellowship; Brown University.
Fellowship from the Greek National Science Foundation for undergraduate students.
Third prize winner (twice) in the Greek National Mathematical Olympiad for high school students.
Elaine Chew, PhD, Graduated January 2000 (research on: Operations Research Models for Music Tonality).
Assistant Professor. University of Southern California,
Daniel J. Epstein Department of Industrial and Systems Engineering.
Soulaymane Kachani, PhD, Graduated May 2002 (research on: Dynamic Models in Transportation andDynamic Pricing). Assistant Professor, Department of Industrial Engineering and Operations Research, Columbia University.
Jeff Hawkins, PhD, Graduated May 2003 (research on: Internet Auctions). Consultant for Resource Planning Options Ltd.
Canada.
Anshul Sood, PhD, Graduated May 2004 (research on: Multi-Period Pricing under Competition). Equity Quantitative Analytics Group, Lehman Brothers.
Marina Zaretsky, PhD, Graduated July 2004 (research on: Variational Inequalities and Competitive Supply Chain Management).
Graduated Master Students
Scott McKeever, Masters, Graduated May 2000 (research on: Autonomous Vehicles and Path Planning). US Airforce.
Marc Coumeri, Masters, Graduated Summer 2000 (research on: Dynamic Pricing and Revenue Management). American Express.
Guochun Lin, Masters, Graduated June 2002 (research on: Simulation and Optimization for Dynamic Transportation Problems), SMA program. Computer Analyst, Singapore.
Michael Yee, Masters, Graduated August 2003 (research on: Network Equilibrium Problems in Static and Dynamic Environments). PhD Student.
Phan Tien Dung, Masters, Graduated June 2004 (research on: Quadratically Constrained Convex Quadratic Programs).
Current Doctoral Students
Elodie Adida, PhD, Expected Graduation August 2005 (research on dynamic pricing and fluid models).
Guillaume Roels, PhD, Expected Graduation May 2006 (research on fluid models in transportation and supply chain management).
Carine Simon, PhD, Expected Graduation May 2007 (research on competitive dynamic pricing with demand learning).
Hamed Mamani, PhD, Expected Graduation May 2007 (research on robust optimization in transportation).
Elected member of the Subdivisions Informs Council, 2003.
Chair of the Revenue Management and Pricing Section of the Informs Society, 2001-2003.
Member of the Board of the Revenue Management and Pricing Section of the Informs Society, 2003-present.
Editor in Chief (with Ian Yeoman) for the journal Revenue Management and Pricing, Fall 2003-current.
Area Editor in the area of Supply Chain Management and Services for the journal Networks and Spatial Economics, summer 2003-current.
Associate Editor for the journal Management Science, 1998-2003.
Associate Editor for the Special Issue of the journal Management Science on Online Auctions.
Associate Editor for the journal Naval Research Logistics, 2003-current.
Judge for the 2004 MSOM Best Student Paper Competition.
Co-organizer of the Informs Revenue Management and Pricing Conference, at Columbia University, June 2003, and at MIT, June 2004.
Co-organizer with D. Simchi-Levi of “The Second MIT Symposium in Operations Research: Procurement and Pricing Strategies to improve Supply Chain Performance”, May 30, 2003.
Organizer of the Clusters in "Revenue Management – Pricing", Informs Conference in Salt Lake City, Spring 2000 and in Miami , Fall 2001.
Organizer and chair of sessions in Revenue Management, Pricing, Transportation, Optimization and Supply Chain, at Conferences such as Informs Spring 2000-Fall 2004, Euro-Informs Conference 2003, CORS-Informs Conference 2004, ISMP Conference 2000, 2003, IEEE Conference on Intelligent Transportation Systems 2001, TRISTAN IV 2001.
Served twice as a panelist for the NSF Operations Research and Production Systems Program.
Reviewer for NSF proposals as well as for a variety of journals.
Geometric, interior point and classical methods for solving finite dimensional variational inequality
problems, (Ph.D thesis), Brown University.
A unifying geometric solution framework and complexity analysis for variational inequalities,
(with T.L. Magnanti), Mathematical Programming, 71, 3, 327-352, 1995.
The orthogonality theorem and the strong-f-monotonicity condition for variational inequality algorithms, (with T.L. Magnanti), SIAM Journal on Optimization, 7, 1, 248-273, 1997.
Averaging schemes for variational inequalities and systems of equations, (with T.L. Magnanti),
Mathematics of Operations Research, 22, 3, 568-587, 1997.
A new algebraic geometry integer programming algorithm,
(with D. Bertsimas and S. Tayur), Management Science, 46, 7, 999-1008, 2000.
Computing fixed points by averaging, (with T.L. Magnanti), “Transportation and Network Analysis –
Current Trends”, editors P. Marcotte, M. Gendreau, Chapter 12, 181-198, 2001.
Solving Variational Inequality and Fixed Point Problems by Averaging and Optimizing Potentials,
(with T.L. Magnanti), to appear in Mathematical Programming, 2004 [download].
A robust SQP method for mathematical programs with linear complementarity constraints, (with S. Jie and X. Liu), currently under review in the Journal of Computational Optimization and Applications. [download]
On the efficient solution of variational inequalities; complexity and computational efficiency,
(with M. Zaretsky), currently under review in Siam Journal of Optimization.
Finding fixed points by averaging with well-behaved maps, (with M. Epelman and T.L. Magnanti), currently under revision.
On the Asymmetric Quasi Equilibrium Problem; Characterization and Solution Methods,
(with D. Zhu), currently under review in JOTA, 2004 [download].
The "Price of Anarchy"
The "Price of Anarchy" when Costs are Non-separable and Asymmetric, Lecture Series in Computer Science, 2004.
User Equilibrium versus System Optimum in Transportation when Costs are Non-separable and Asymmetric, in refereed Proceedings for TRISTAN V, 2004.
The "Price of Anarchy" when Costs are Non-separable and Asymmetric, currently under review in Mathematics of Operations Research. [download]
Transportation
Dynamic traffic flow network problems; a hydrodynamic theory approach, currently under revision.
Travel Times in Dynamic Transportation Networks; A Fluid Dynamics Approach (with S. Kachani),
Proceedings for TRISTAN IV conference in Transportation, June 2001.
Second Order Fluid Dynamics Models for Travel Times in Dynamic Transportation Networks, (with S. Kachani), Proceedings of IEEE on Intelligent Transportation Systems, August 2001.
A Fluid Model for the Anticipatory Route Guidance Problem, Proceedings of 10th IFAC Symposium on Control in Transportation Systems, August 2003.
Leveraging Traffic Flow Modeling and Game Theory for Pricing and Logistical Systems, in refereed Proceedings for TRISTAN V, (with S. Kachani), 2004.
An Analytical Model for Traffic Delays, in refereed Proceedings for TRISTAN V, (with G. Roels), 2004.
Modeling Travel Times in Dynamic Transportation Networks; A Fluid Dynamics Approach (with S.
Kachani), currently under review in Operations Research. [download]
A Dynamic Travel Time Model for Spillback (with S. Kachani), currently under review in Networks and Spatial Economics.
An Analytical Model for Traffic Delays and the Dynamic User-Equilibrium Problem, (with G. Roels), currently under review in Operations Research.[download]
A Dynamic User-Equilibrium Model with Travel Times Computed from Simulation, (with B.C. Khoo, G.C. Lin and J. Peraire), currently under review in Transportation Research B. [download]
Dynamic Pricing
A Fluid Model of Dynamic Pricing and Inventory Control for Distribution Systems, (with S. Kachani),
Proceedings of Conference on Pricing Research, Cornell University, September 2002.
Applications of Fluid Modeling in Distribution Systems, (with S. Kachani),
referred volume on Innovations in Financial and Economic Networks, 214-236, 2003.
Dynamic Pricing; A Learning Approach (with D. Bertsimas), currently under review in refereed volume on Models for Congestion Charging/Network Pricing.[download]
Optimal Bidding on eBay (with D. Bertsimas and J. Hawkins), currently under review in European Journal of Operations Research. [download]
A Fluid Dynamics Model of Dynamic Pricing and Inventory Control for Make-to-Stock Manufacturing Systems, currently under review in Operations Research, (with S. Kachani). [download]
Fluid Dynamics Models and their Applications in Transportation and Pricing, to appear in European Journal of Operations Research, (with S. Kachani). [download]
Competitive Multi-period Pricing for Perishable Products, currently under review in Operations Research, (with A. Sood).
Competitive Multi-period Pricing for Perishable Products: A Robust Optimization Approach, currently under review in Mathematical Programming, (with A. Sood).
A Nonlinear Fluid Model of Dynamic Pricing and Inventory Control with no Backorders, currently under review in Operations Research, (with E. Adida). [download]
A Robust Optimization Approach to Dynamic Pricing and Inventory Control with no Backorders, currently under review in Mathematical Programming, (with E. Adida).
Multi-period Models with Capacities in Competitive Supply Chain, currently under review in MSOM, (with M. Zaretsky).
Invited Minicourse at the University of Montreal, PLU6000. January 2004.
Invited Speaker for the Course in Transportation and Logistics, IEOR Department, Columbia University, February 2004.
The "Price of Anarchy" under Nonlinear and Asymmetric Costs. Invited speaker at the weekly seminar series in the Operations Research Center, Spring 2004.
The "Price of Anarchy" under Nonlinear and Asymmetric Costs. Invited Speaker at the Distinguished Lecture Series, at Penn State University, Spring 2004.
Dynamic Pricing in a Transient and Competitive Setting, (with S. Kachani and C. Simon). Informs CORS Conference, Banff, Spring 2004.
The "Price of Anarchy" under Nonlinear and Asymmetric Costs. Informs CORS Conference, Banff, Spring 2004.
Competitive Multi-period Pricing with Fixed Inventories, (with A. Sood). Informs CORS Conference, Banff, Spring 2004.
The "Price of Anarchy" when Costs are Nonlinear and Asymmetric, IPCO Conference, Columbia University, NYC, June 2004.
An MPEC Approach to Dynamic Pricing and Demand Learning, (with S. Kachani and C. Simon), RM and Pricing Conference, MIT June 2004.
Multi-period Pricing for Perishable Products; a Robust Optimization Approach, (with A. Sood), . RM and Pricing Conference, MIT, June 2004.
A Nonlinear Fluid Model of Dynamic Pricing and Inventory Control with no
Backorders, (with E. Adida), RM and Pricing Conference, MIT, June 2004.
An Analytical Model for Traffic Delays, (with G. Roels). TRISTAN V Conference, Guadeloupe, June 2004.
Leveraging Traffic Flow Modeling and Game Theory for Pricing and Logistical Systems, (with S. Kachani). TRISTAN V Conference, Guadeloupe, June 2004.
User Equilibrium versus System Optimum in Transportation when Costs are Non-separable and Asymmetric. TRISTAN V Conference, Guadeloupe, June 2004.
Multi-period Pricing for Perishable Products, (with A. Sood), MSOM conference, Eindhoven, Netherlands, July 2004.
The "Price of Anarchy" when Costs are Nonlinear and Asymmetric, First Continuous Optimization Conference, RPI, Troy, NY, August 2004.
2003
Two Models of Dynamic Pricing, Invited Talk at the weekly seminar series in the IEOR Department, University of Michigan, April 2003.
A Variational Inequality Model for Dynamic Pricing under Competition, invited speaker at a workshop in Revenue Management and Pricing, University of Montreal, May 2003.
Dynamic Pricing Under Competition when Demand is Stochastic, (with A. Sood), 3rd Annual Revenue Management Conference, at Columbia University, June 2003.
A Fluid Model of Dynamic Pricing and Inventory Control for Distribution Systems, (with S. Kachani), invited talk at the
Euro Informs Conference, Istanbul, Turkey, July 2003.
Dynamic Pricing in a Competitive Environment through Dynamic Optimization, (with A. Sood),
invited talk at the Euro Informs Conference, Istanbul, Turkey, July 2003.
A Variational Inequality Model for Dynamic Pricing under Competition, (with A. Sood), invited talk at the
ISMP conference in Copenhagen, August 2003.
A Fluid Dynamics Model for Distribution Systems and Anticipatory Route Guidance, (with S. Kachani),
invited talk at the ISMP conference in Copenhagen, August 2003.
The Price of Competition and its Applications, invited speaker at the weekly seminar series at Columbia University Business School, Fall 2003.
An Analytical Model for Traffic Delays and the DUE Problem, (with G. Roels), invited talk at the Informs conference in Atlanta, Fall 2003.
Dynamic Pricing in a Multi-Product Retail Market, (with S. Kachani), invited talk at the Informs conference in Atlanta, Fall 2003.
Applications of Fluid Modelling in Distribution Systems, (with S. Kachani), invited talk at the Informs conference in Atlanta, Fall 2003.
Dynamic Pricing Under Competition when Demand is Stochastic, (with A. Sood), invited talk at the Informs conference in Atlanta, Fall 2003.
Fluid Models for Dynamic Pricing and Inventory Management, (with E. Adida), invited talk at the Informs conference in Atlanta, Fall 2003.
Multiperiod models with capacities in competitive supply chain, (with M. Zaretsky), invited talk at the Informs conference in Atlanta, Fall 2003.
