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One of a Series: MIT Holidays

MIT Closed - Presidents' Day

February 20, 2017

Building E51

Which Way for U.S.-Iran Relations under Trump -- and within the Middle East Cauldron?

February 21, 2017, 4:30-6 PM

Ali Banuazizi
Boston College

Sponsors: Center for International Studies, Radius/T&C

Building E51

Facilitating the Search for Partners on Matching Platforms: Restricting Agent Actions

February 23, 2017, 4:15-5:15 PM

Yash Kanoria
Assistant Professor
Columbia University

Abstract:
Two-sided matching platforms, such as those for labor, accommodation, dating, and taxi hailing, control many aspects of the search for partners. We consider a dynamic model of search with costly discovery of match value and find that in many settings, the platform can mitigate wasteful competition in partner search via restricting what agents can see/do. For medium-sized screening costs (relative to idiosyncratic variation in utilities), the platform should prevent one side of the market from exercising choice (similar to Instant Book on Airbnb), whereas for large screening costs, the platform should centrally determine matches (similar to taxi hailing marketplaces). Surprisingly, restrictions can improve social welfare even when screening costs are small. In asymmetric markets where agents on one side are more selective, the platform should force the more selective side of the market to reach out first, by explicitly disallowing the less selective side from doing so. This allows the agents on the less selective side to exercise more choice in equilibrium.

Joint work with Daniela Saban.

Bio:
Yash Kanoria is an Assistant Professor in the Decision, Risk and Operations group at Columbia Business School. His core research centers on the design of marketplaces including matching markets and online platforms.

Building E51

Bee's Eye View: Re-Envisioning Montana's High Plains

February 24, 2017, 2:30-4:30 PM

Sara Gregg
University of Kansas

Driving Strategic Innovation: Achieving High Performance Throughout the Value Chain

February 26 - March 3, 2017

How do the most successful innovators generate more than their fair share of smart ideas? How do they unleash the creative talent of their people? How do they move ideas through their organizations and supply chains that are not only creative but fast to market? The answers to these key questions form the core of this program for business leaders and entrepreneurs who are determined to position their companies for future growth.

Offered jointly with IMD, this program will combine marketing, product development, technology assessment, value-chain design, project execution, and talent management in an end-to-end roadmap for achieving breakthrough performance. Using a dynamic and integrative value-chain framework created at MIT, participants will gain the capability to position their organizations for future growth.

Participants will leave this program armed with the knowledge of how to influence corporate culture, alter the way their organization responds to the challenge of innovation, and strengthen relationships with partners along the value chain. This intensive learning experience will deliver long-term value, helping business leaders to:

  • Meet technology challenges, from R&D to manufacturing, project management to engineering
  • Link technology decisions with business strategy
  • Integrate product development, process developments, and value-chain strategy
  • Develop organization and supply-chain strategies to position the company for future growth
  • Leverage learning and innovation collaboration with customers, lead users, and suppliers, maximizing the value of research
  • Understand how technologies and markets evolve and how they are linked
  • Outperform the competition by generating breakthrough ideas
  • Cope with shorter product life cycles, while delivering greater customer satisfaction
  • Optimize sourcing and ?make-buy? decisions
  • Integrate supply-chain design with concurrent engineering
  • Engage talent within the organization and across the value chain

Building E15

Behavioral Science and Nudges: Environmental Protection and Sustainability

February 27, 2017, 2-3:30 PM

Cass Sunstein
legal scholar and former administrator of White House Office of Information and Regulatory Affairs

Sponsor: Center for International Studies

Building E52

Finding Brazil's way in an Uncertain World

February 27, 2017, 4:30-6 PM

Paulo Sotero
Director of the Brazil Institute,
Woodrow Wilson International Center for Scholars

Sponsors: CIS, MIT Brazil

Building E51

The Fight over Foreigners: Visas & Immigration in the Trump Era

February 28, 2017, 5-6:30 PM

Baher Azmy
Center for Constitutional Rights
and
Jia Lynn Yang
Deputy National Security Editor at the Washington Post

Sponsor: Center for International Studies

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