Faculty

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Yale SOM’s expansive definition of management has its foundation in the broad interests of our world class faculty. A few examples of their work follow.

Operations: Prof. Edward Kaplan
Edward Kaplan has spent more than fifteen years developing methods for evaluating policies to manage the AIDS epidemic and to prevent the spread of HIV. He is the author of more than 100 articles and 3 books in this area. Recently, Dr. Kaplan has used his insights and experience to address questions of smallpox vaccination, addressing another major issue of our day.

Dr. Kaplan’s work in this area is wide-ranging, addressing issues of protecting the blood supply, HIV incidence estimation, resource allocation, and other aspects of AIDS policy. His work has spread far beyond OR/MS into journal articles throughout the public health policy field. He has served on the Institute of Medicine’s Committee on HIV Prevention Strategies and has had an editorial role in a large number of journals related to AIDS and public policy. From the Institute for Operations Research and the Management Sciences President’s Award website

Finance: Profs. Will Goetzman, Barry Nalebuff, and Matthew Spiegel
Professors Nalebuff and Goetzman have been instrumental in creating an important new tool aimed at revitalizing neighborhoods. Home Equity Protection (HEP) is an innovative product that makes it safer for people to invest in a home. It guarantees homeowners that if the housing market declines in the area where they live, they will be protected for part or all of that loss. By providing this protection, HEP also helps to attract and retain homeowners in neighborhoods where there is a concern that property values might go down.

HEP was made available in Syracuse on July 30, 2002, through Home Headquarters, Inc., a NeighborWorks® organization, in partnership with the Syracuse Neighborhood Initiative, the Neighborhood Reinvestment Corporation, the Yale School of Management, Freddie Mac, Real Liquidity, LLC, HSBC, the Mortgage Risk Assessment Corporation, and a number of local partners. It has already demonstrated its appeal to homeowners with nearly 60 customers and $4 million of home value protected in its first year of operation. HEP has also received substantial attention in the local and national media, with coverage on NPR's "Marketplace" in Forbes magazine, and in The Economist.

Public Management: Prof. Douglas W. Rae
Professor Rae’s recent, widely acclaimed book, City: Urbanism and Its End (Yale University Press) is the latest product of his distinguished career in public management. He is a specialist in the political economy of cities, electoral politics, political ideology, and power relations. A member of the Yale faculty since 1967, he took leave in 1990 and 1991 to serve as chief administrative officer of the City of New Haven. He is a fellow of the American Academy of Arts and Sciences and a former Guggenheim Fellow. Professor Rae has been a consultant for the Parliament of Spain, the Italian Christian Democratic Party, and the BBC. He has served as president of Leeway, Inc., a nonprofit corporation serving AIDS patients. Professor Rae is consulted frequently by the media for his views on urban development, reversing urban poverty, and regionalization.