John Michael Harrison (born 1944) is an American researcher, known for his contributions to the theory of operations research, in particular stochastic networks and financial engineering. He has authored two books and nearly 90 journal articles.
He obtained a B.S. in industrial engineering from Lehigh University (1966), a M.S. from Stanford University (1967), and a Ph.D. in operations research (1970) also from Stanford University.
He then worked at the same place, in the Stanford Graduate School of Business, as assistant professor, promoted to associate professor (1973) and full professor (1978). He is currently the Adams Distinguished Professor of Management at Stanford University.
His research focused on stochastic modelling for business and led to influential results in option theory (with David M. Kreps, 1980). Later he studied Brownian network models for logistics and models for optimizing telephone call centers. More recently he has studied dynamic pricing and revenue management.
In 2008, Harrison was elected a member of the National Academy of Engineering for fundamental contributions to stochastic networks and financial engineering.
Awards National Academy of Engineering electee (2008).Harrison Elected to National Academy of Engineering from Stanford Graduate School of Business 2005 class of Fellows of the Institute for Operations Research and the Management Sciences. John von Neumann Theory Prize 2004 Frederick W. Lanchester Prize (best research publication) 2001 INFORMS Expository Writing Award 1998
Selected publications A Method for Staffing Large Call Centers, Mfg. & Service Operations Mgt., 2005 A Broader View of Brownian Networks: Annals of Applied Probability, 2003 Brownian Motion and Stochastic Flow Systems, Wiley and Sons, 1985 Martingales and Stochastic Integrals in the Theory of Trading Stochastic Processes, 1981 Martingales and Arbitrage in Multiperiod Securities Markets Journal of Economic Theory, 1979
References
External links Biography of J. Michael Harrison from the Institute for Operations Research and the Management Sciences