Chair of Operations, Economics & Strategy

10th Deloitte OES Prize for Optimizing Artisanal Ice Cream Store

Published:20.12.22 — The 2022 annual Deloitte OES Prize for the best student project in Prof. Weber’s graduate course “Operations: Economics and Strategy” has been awarded to Kareen FALLAHA and Mohamed HEDAYET. The Deloitte OES Prize competition, which involves finding operational improvements in local businesses, has been held each year since 2013. The 2022 edition represents the 10th anniversary of continuous cooperation between Deloitte and the EPFL Chair of Operations, Economics and Strategy.

Minimizing the Cost of Matched Components in Precision Manufacturing

Published:01.09.22 — Prof. Weber’s research on the “Optimal Matching of Random Parts,” featured in the current issue of the Journal of Mathematical Economics, investigates a firm’s optimal policy of ordering parts with randomly distributed characteristics when these inputs need to be assembled with other components whose characteristics are also uncertain.

Determining the Endogeneity of Markets for Cryptocurrencies

Published:22.08.22 — Dr. Michael Mark and Prof. Thomas Weber’s research on “Quantifying Endogeneity of Cryptocurrency Markets,” published in the current issue of the European Journal of Finance, examines the volatility of markets for cryptocurrencies, which is well-known to far exceed that of markets for traditional asset classes such as stocks and bonds. To investigate this, the authors determine the branching ratios associated with Bitcoin mid-price dynamics, when these are modeled using self-exciting point processes with different parametric kernels. They further address the issue of regime changes and the concomitant optimal length of an observation horizon for the validity of a model specification. The paper was co-authored with Jan Sila, a doctoral candidate in Finance and Capital Markets at Charles University, Prague.