From the Editor

Dear Colleagues,

As we are finishing the academic year, I would like to express my appreciation to the entire community for supporting the journal during this stressful time that has affected academic research, education and daily life. Indeed, throughout this unprecedented time, authors submitted 10% more papers in the first five months of the year than during the same period last year. Similarly, the referees, associate editors, and the editorial board provided timely response and substantive evaluations, similar to last year, despite all the pandemic challenges.

I am particularly proud of the innovative papers published by Management Science, many of which are practically relevant and theoretically elegant.  One such example is the paper “Design of Lotteries and Wait-lists for Affordable Housing Allocation,” by Nick Arnosti and Peng Shi, Management Science, 2020, Volume 66, Issue 6. The paper is motivated by the use of lotteries or wait-lists in the allocation of affordable housing to applicants. The authors show that some of the widely-used allocation systems do not succeed at matching applicants to suitable apartments and they go on to propose several alternatives that achieve better matching. I asked Professor Paul Milgrom from Stanford University and Professor Martin A. Lariviere of Northwestern University to reflect on the importance and contributions of this research. You can read their perspectives in the blog page of the journal.

I would like to remind you of the Management Science Special Issue on Business and Climate Change. The Special Issue seeks research that provides the insights that managers need to operate in a world in which climate change affects freshwater availability and quality, sea levels, ambient temperature and moisture, and the frequency and intensity of hurricanes, droughts, and floods. The COVID-19 pandemic disrupted many aspects of life and may delay research projects and papers submissions to the special issue. At the same time, COVID-19 offers opportunities for researchers to understand how companies can prepare for climate related disruption, or analyze the impact of lockdown, reduced mobility, remote work and other measures on the environment, in general, and carbon emissions in particular. Indeed, measures taken by different regions to stop the pandemic—from social distancing, and traffic suspension to centralized isolation and quarantine—can lead scientists to research that can inform policymakers. Such research is already going on in our community and the special issue can provide an effective way to disseminate this important research. But with or without the special issue, the Management Science Editorial Board welcome this type of research. For all these reasons, the editorial board and the special issue guest editors have decided to extend the submission deadline to February 28, 2021; you can read more, here.

 

David Simchi-Levi

Editor-in-Chief

Management Science

E-mail: mseic@mit.edu

This is the second anniversary of the current editorial board. During the first year (2018), the board introduced a few initiatives whose objectives are to address challenges faced by the journal and leverage opportunities associated with recent technology trends such as Digitization, Analytics and Automation.

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On May 20th and 21st, we celebrated the publication of the 65th volume of the journal during a conference at Questrom School of Business, Boston University. About 100 people attended the event that highlighted plenary and invited speakers across all areas of interest to the journal.

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Data-science algorithms and models changed the way we search for information on products and services, make payments, procure and trade, and along the way, changed how firms use individual-level consumer data, and how business transactions are created, documented, regulated, and analyzed.

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Thank you for the enthusiastic response to many of the new initiatives the Management Science editorial board has implemented since January 2018. Together we are making sure Management Science continues to be the premier publication outlet for papers on the science and practice of management.

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At the beginning of the summer, Shiva Rajgopal, one of the two Accounting Department Editors decided to step down due to increased administrative commitment at his university. I would like to take this opportunity to thank Shiva, who together with Suraj Srinivasan, was able to move the department to the next level as evidenced by (i) the significant increase in submission volume, and (ii) the response to a recent survey of accounting faculty indicating the upward trajectory of the department and the quality of published papers.

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It has been an exciting six months for Management Science. The introduction of the new editorial board paved the way to some major changes in the journal. In parallel, I asked for your comments and thoughts about the journal and the response was overwhelming.

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