David B. Hertz: Difference between revisions
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'''David Bendel Hertz''' (born c. 1919, died June 13, 2011, aged 92) |
'''David Bendel Hertz''' (born c. 1919, died June 13, 2011, aged 92)<ref name="MH">{{cite web|url=http://www.legacy.com/obituaries/herald/obituary.aspx?n=DAVID-HERTZ&pid=151978401 |title=DAVID BENDEL HERTZ Obituary: View DAVID HERTZ's Obituary by The Miami Herald |publisher=Legacy.com |date=2011-06-13 |accessdate=2012-01-11}}</ref> was an [[operations research]] practitioner and academic, known for various contributions to the discipline, and specifically, and more widely,<ref> [[Aswath Damodaran]]: [http://pages.stern.nyu.edu/~adamodar/pdfiles/papers/probabilistic.pdf Probabilistic Approaches: Scenario Analysis, Decision Trees and Simulations] </ref> for pioneering the use of [[Monte Carlo methods in finance]]. He developed innovative modeling approaches for the solution of complex management issues. His earliest publications added insights to the industrial process of research and development.<ref name="INFORMS">{{cite web|url=http://www.informs.org/About-INFORMS/History-and-Traditions/Miser-Harris-Presidential-Portrait-Gallery/David-B.-Hertz |title=David B. Hertz / Miser-Harris Presidential Portrait Gallery / History and Traditions / About INFORMS / IOL Home |publisher=INFORMS.org |date=2011-06-13 |accessdate=2012-01-11}}</ref> |
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He was a Professor at the [[University of Miami]]: [[Distinguished professor]] of [[Artificial intelligence]], director of the UM Intelligent Computer Systems Research Institute and a professor of management science and law.<ref>{{cite web|url=http://bus.miami.edu/magazine/fall2011/alumni-news/class_notes.html |title=Class Notes |publisher=Bus.miami.edu |date= |accessdate=2012-01-11 |
He was a Professor at the [[University of Miami]]: [[Distinguished professor]] of [[Artificial intelligence]], director of the UM Intelligent Computer Systems Research Institute and a professor of management science and law.<ref>{{cite web|url=http://bus.miami.edu/magazine/fall2011/alumni-news/class_notes.html |title=Class Notes |publisher=Bus.miami.edu |date= |accessdate=2012-01-11}}</ref> He served as [[The Institute of Management Sciences|TIMS]] President (1964), [[Operations Research Society of America|ORSA]] President (1974), and was a recipient of the [[Institute for Operations Research and the Management Sciences#Awards|Kimball Medal]] (1981). He was also a fellow of [[INFORMS]] (2002). <ref name="INFORMS"/> |
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Previously, he had been a practicing [[lawyer]], and a Partner at [[McKinsey and Company]] and at [[Arthur Andersen]] Company. He was also a professor at [[Columbia University]]. He served as a Commander in the [[U.S. Navy]] during WWII. <ref name="MH"/> |
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He is published and cited in various Journals on technology, management and operations research, and has authored several textbooks. His most widely cited papers include [http://scholar.google.co.za/scholar?as_q=&num=50&btnG=Search+Scholar&as_epq=&as_oq=&as_eq=&as_occt=any&as_sauthors=DB+Hertz&as_publication=&as_ylo=&as_yhi=&as_allsubj=some&as_subj=bus&as_subj=eng&hl=en&lr=] ''[http://links.jstor.org/sici?sici=0025-1909(196502)11%3A4%3CB59%3AEIM%3E2.0.CO%3B2-B Electronics in Management]'' (''Management Science'', February 1965), |
He is published and cited in various Journals on technology, management and operations research, and has authored several textbooks. His most widely cited papers include [http://scholar.google.co.za/scholar?as_q=&num=50&btnG=Search+Scholar&as_epq=&as_oq=&as_eq=&as_occt=any&as_sauthors=DB+Hertz&as_publication=&as_ylo=&as_yhi=&as_allsubj=some&as_subj=bus&as_subj=eng&hl=en&lr=] ''[http://links.jstor.org/sici?sici=0025-1909(196502)11%3A4%3CB59%3AEIM%3E2.0.CO%3B2-B Electronics in Management]'' (''Management Science'', February 1965), |
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''[http://harvardbusinessonline.hbsp.harvard.edu/b02/en/common/item_detail.jhtml;jsessionid=QPUXANOP2LVP4AKRGWDSELQBKE0YIISW?id=79504&referral=7855 Risk Analysis in Capital Investment]'' (''[[Harvard Business Review]]'', January/February 1964) and ''[http://harvardbusinessonline.hbsp.harvard.edu/b02/en/common/item_detail.jhtml;jsessionid=QPUXANOP2LVP4AKRGWDSELQBKE0YIISW?id=79504&referral=7855 Investment Policies That Pay Off]'' (''[[Harvard Business Review]]'', January/February 1968). |
''[http://harvardbusinessonline.hbsp.harvard.edu/b02/en/common/item_detail.jhtml;jsessionid=QPUXANOP2LVP4AKRGWDSELQBKE0YIISW?id=79504&referral=7855 Risk Analysis in Capital Investment]'' (''[[Harvard Business Review]]'', January/February 1964) and ''[http://harvardbusinessonline.hbsp.harvard.edu/b02/en/common/item_detail.jhtml;jsessionid=QPUXANOP2LVP4AKRGWDSELQBKE0YIISW?id=79504&referral=7855 Investment Policies That Pay Off]'' (''[[Harvard Business Review]]'', January/February 1968). |
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He earned his [[BA]], [[BS]], and [[PhD]] at Columbia; he earned an [[MS]] from the [[Naval Postgraduate School|U.S. Navy Postgraduate School]] and a [[JD]] from [[New York University Law School]]. His PhD in [[Mathematics]] (1953) discussed "The Theory and Practice of Industrial Research".<ref>{{cite web|url=http://www.genealogy.ams.org/id.php?id=73664 |title=The Mathematics Genealogy Project - David Hertz |publisher=Genealogy.ams.org |date= |accessdate=2012-01-11}}</ref> |
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==References== |
==References== |
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[[Category:Corporate finance theorists]] |
[[Category:Corporate finance theorists]] |
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[[Category:Columbia University alumni]] |
[[Category:Columbia University alumni]] |
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[[Category:New York University alumni]] |
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[[Category:Naval Postgraduate School alumni]] |
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[[Category:University of Miami faculty]] |
[[Category:University of Miami faculty]] |
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[[Category:Columbia University faculty]] |
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[[Category:2011 deaths]] |
[[Category:2011 deaths]] |
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[[Category:Year of birth missing]] |
[[Category:Year of birth missing]] |
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Revision as of 07:22, 13 January 2012
David Bendel Hertz (born c. 1919, died June 13, 2011, aged 92)[1] was an operations research practitioner and academic, known for various contributions to the discipline, and specifically, and more widely,[2] for pioneering the use of Monte Carlo methods in finance. He developed innovative modeling approaches for the solution of complex management issues. His earliest publications added insights to the industrial process of research and development.[3]
He was a Professor at the University of Miami: Distinguished professor of Artificial intelligence, director of the UM Intelligent Computer Systems Research Institute and a professor of management science and law.[4] He served as TIMS President (1964), ORSA President (1974), and was a recipient of the Kimball Medal (1981). He was also a fellow of INFORMS (2002). [3]
Previously, he had been a practicing lawyer, and a Partner at McKinsey and Company and at Arthur Andersen Company. He was also a professor at Columbia University. He served as a Commander in the U.S. Navy during WWII. [1]
He is published and cited in various Journals on technology, management and operations research, and has authored several textbooks. His most widely cited papers include [1] Electronics in Management (Management Science, February 1965), Risk Analysis in Capital Investment (Harvard Business Review, January/February 1964) and Investment Policies That Pay Off (Harvard Business Review, January/February 1968).
He earned his BA, BS, and PhD at Columbia; he earned an MS from the U.S. Navy Postgraduate School and a JD from New York University Law School. His PhD in Mathematics (1953) discussed "The Theory and Practice of Industrial Research".[5]
References
- ^ a b "DAVID BENDEL HERTZ Obituary: View DAVID HERTZ's Obituary by The Miami Herald". Legacy.com. 2011-06-13. Retrieved 2012-01-11.
- ^ Aswath Damodaran: Probabilistic Approaches: Scenario Analysis, Decision Trees and Simulations
- ^ a b "David B. Hertz / Miser-Harris Presidential Portrait Gallery / History and Traditions / About INFORMS / IOL Home". INFORMS.org. 2011-06-13. Retrieved 2012-01-11.
- ^ "Class Notes". Bus.miami.edu. Retrieved 2012-01-11.
- ^ "The Mathematics Genealogy Project - David Hertz". Genealogy.ams.org. Retrieved 2012-01-11.
External links
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