Seminar: Simulation, Probabilistic Modeling, and Optimization in Sports Analytics
Seminar by Michael Magazine
Operations, Business Analytics and Information Systems
Ohio Eminent Scholar
Lindner College of Business
University of Cincinnati
Ever since Moneyball…, by Michael Lewis, in 2003 and the movie in 2011, sports analytics has been part of the huge sports industry. Just last year over 1000 people, including President Obama, gathered for a Sports Analytics Conference, sponsored by ESPN and MIT Sloan School. For those of us studying analytics, sports applications provide an opportunity to apply methods to descriptive, predictive and prescriptive decision-making problems. Methods include simulation, probabilistic modelling and optimization. Besides demonstrating these methods on my favorite sports, I hope to describe some takeaways that are important in any decision-making context. There will be an emphasis on March madness decision making or what we have been calling Bracketology. Given that UC has lost only 1 game this year to OSU, we will try to be as analytically agnostic as possible.
Michael J. Magazine is currently Professor of Operations, Business Analytics and Information Systems and Ohio Eminent Scholar in the Lindner College of Business at the University of Cincinnati. He has served as the Associate Dean for Faculty and Research and the Interim Dean in the College of Business at UC. He has degrees from CCNY, NYU and the University of Florida. He has held teaching positions at North Carolina State University, Georgia Tech, MIT, University of Michigan and at the University of Waterloo. In addition, he has had visiting appointments at PUC in Brazil and INRIA in France.
Professor Magazine's interests include the application of mathematics in manufacturing, health systems and sports decision making. Professor Magazine has served on the editorial boards of most of the major journals in management science and operations research, including Management Science, Operations Research and M&SOM. He is the Co-Editor of Quantitative Models in Supply Chain Management, and the winner of a best paper award by the Institute of Industrial Engineering in 2003. He is an INFORMS Fellow and a Fellow of the Graduate School of UC. He is the winner of the 2009 EXCEL Graduate Teaching Award.
Besides teaching Sports by the Numbers and Bracketology he has worked on sports scheduling and analytics with several organizations.