Seminar title: 

The Impact of Supply Chain Network Structure on Risk Propagation

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Abstract: 

Supply chain networks connect firms across the globe in ways that expose them to shocks from remote regions and industries.  This talk will describe various models that relate the structure of network connections to the propagation of risk from idiosyncratic shocks and the potential for these shocks to become systemic.  The models will be used to explain a number of empirical observations about the nature of firms' risk exposure and their position in the global supply chain.

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Speaker bio: 

John Birge is the Hobart W. Williams Distinguished Service Professor of Operations Management at the University of Chicago Booth School of Business. His work focuses on application, theory, and computation for decision making under uncertainty with applications in the management of operations in finance, energy, health care, manufacturing, public policy, and transportation. He is an INFORMS Fellow, MSOM Society Distinguished Fellow, member of the US National Academy of Engineering, and Editor-in-Chief of Operations Research.