
Affiliated Departments and Research Centers
The Computational Optimization Research Center
carries out advanced studies in the solution of difficult, large-scale optimization problems, with special focus on state-of-the-art implementation of modern algorithms.
Center for Applied Probability
provides an umbrella under which diverse research and educational activities in probability and its applications can be focused and supported.
Industrial Engineering and Operations Research
is the home to Financial Engineering, a multidisciplinary field that requests familiarity with financial theory, the methods of engineering, the tools of mathematics and the practice of programming.
The Center for Financial Engineering
is part of an interdisciplinary field of research where contributions from applied mathematics, economics, operations research, statistics and computer science have given birth to remarkable developments in market practice.
In the Media
“Nowhere to Go”: How Tariffed Companies Weigh Costly Restructures vs. Hunkering down and Riding It Out
Mentioned Faculty
This Week in Retail: NRF State of Retail Webinar and JPMorgan Retail Roundup
Mentioned Faculty

Jorge Guzman
Dr. Jorge Guzman is an associate professor at the Management Division in Columbia Business School. Jorge received his PhD from the Sloan School of Management at MIT, and was previously a postdoc at the National Bureau of Economic Research (NBER) and a lecturer at MIT Sloan.
Meet the CFO Tasked with Cleaning up the Huge Mess at Bankrupt 23andMe
Mentioned Faculty

Sandra Matz
Sandra Matz takes a Big Data approach to studying human behavior in a variety of business-related domains. She combines methodologies from psychology and computer science – including machine learning, experimental designs, online surveys, and field studies – to explore the relationships between people’s psychological characteristics (e.g. their personality) and the digital footprints they leave with every step they take in the digital environment (e.g. their Facebook Likes or their credit card transactions).
Dollar General says it closed almost 100 stores in the fourth quarter but its sales actually went up—and Wall Street is loving it
Columbia Business School's Prof. Nicole DeHoratius explains in Fortune how Dollar General's sales growth amid store closures reflects consumers seeking value during economic uncertainty and inflation pressures.
Mentioned Faculty
Dollar General Says It Closed Almost 100 Stores in the Fourth Quarter but Its Sales Actually Went up—and Wall Street Is Loving It
Mentioned Faculty
Research
What Makes Consumption Experiences Feel “Special”? A Multimethod Integrative Analysis
This paper addresses a simple theoretical question of high substantive relevance: What makes a consumption experience special in a consumer’s mind?
Better Innovation for a Better World
We aim to stimulate discussion on how innovation research within marketing can use a better world (BW) perspective to help innovation become a driver of positive change in the world. In this "Challenging the Boundaries" series paper, we hope to provide purposeful research opportunities for scholars seeking to bridge innovation research with the BW movement. We frame our discussion with four areas of innovation research in marketing that are particularly relevant to BW objectives.
Personalized Game Design for Improved User Retention and Monetization in Freemium Games
One of the most crucial aspects and significant levers that gaming companies possess in designing digital games is setting the level of difficulty, which essentially regulates the user’s ability to progress within the game. This aspect is particularly significant in free-to-play (F2P) games, where the paid version often aims to enhance the player’s experience and to facilitate faster progression.
The Data Economy: Tools and Applications
Data is the new oil. It is the fuel for AI, a firm asset, a strategic advantage, information for prediction, a productivity booster, a privacy concern, a by-product of transactions, and a means of payment. How can we update traditional economic and finance frameworks to include a role for data and use these updated frameworks to measures it economic impact?
The Macroeconomics of Stakeholder Equilibria*
We propose one route to a more inclusive society. Our context is the prevailing one of high wealth inequality where stockholders alone supply the stochastic discount factor governing the allocation of capital. A large and pervasive pecuniary externality is thus imposed on non-stockholder workers, something we view as antithetical to the notion of an inclusive society.