From the Classics to New Tunes: A Neoclassical View on Sharing Economy and Innovative Marketplaces

Information Systems and Operations Management

Speaker : Ming HU Professor Rotman School of Management University of Toronto

HEC Campus - Jouy-En-Josas - Buil. T - Room 15

Abstract: 

Operations management has the tradition of coming from and going back to real-life applications. It deals with the management of the process of matching supply with demand. The emerging business process in a sharing economy or an innovative marketplace calls for active management. We take a neoclassical perspective by drawing inspiration from the classic models in operations management and economics. We aim at building connections and identifying differences between those traditional models and the new applications in sharing economy and innovative marketplaces. We also point out potential future research directions.   

Bio: 

Ming Hu is a Professor of Operations Management at Rotman School of Management, University of Toronto and one of the 2018 Poets & Quants Best 40 Under 40 MBA Professors. He was awarded Rotman School Teaching Award 5 years in a row from 2009 to 2013 and 2015 for teaching undergraduate/MBA courses. His research has been featured in media such as Financial Times. Mos recently, he focuses on operations management in the context of sharing economy, social buying, crowdfunding, crowdsourcing, and two-sided markets, with the goal to exploit operational decisions to the benefit of the society. He is the recipient of Wickham Skinner Early-Career Research Accomplishments Award by POM Society (2016) and Best Operations Management Paper in Management Science Award by INFORMS (2017). He currently serves as the editor-in-chief of Naval Research Logistics, co-editor of a special issue of Manufacturing & Service Operations Management on sharing economy and innovative marketplaces, and associate editor of Operations Research and Manufacturing & Service Operations Management, and senior editor of Production and Operations Management. He currently also serves as Vice Chair/Chair-Elect for the RM&P Section of INFORMS and Secretary/Treasurer for the MSOM Society of INFORMS. He received a master's degree in Applied Mathematics from Brown University in 2003, and a Ph.D. in Operations Research from Columbia University in 2009.