David B. Hertz

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David Bendel Hertz is known for his contributions to operations research in general, and specifically for pioneering [1] Monte Carlo methods in finance. He was a director at McKinsey & Company and at Arthur Andersen [2].

He is published and cited in various Journals on technology, management and operations research, and has authored several textbooks. His most widely cited papers are probably Electronics in Management (Management Science, February 1965), Risk Analysis in Capital Investment (Harvard Business Review, January/February 1964) and Investment Policies That Pay Off (Harvard Business Review, January/February 1968).

His Ph.D. in Mathematics from Columbia University (1953) discussed "The Theory and Practice of Industrial Research" [3]. He served as TIMS President (1964), ORSA President (1974), and was a recipient of the Kimball Medal (1981). He is also a fellow of INFORMS (2002) [4].

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Categories: Operations researchers | Monte Carlo methods | Corporate finance | American mathematicians | Year of birth missing | American mathematician stubs

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