René A. Caldentey

Leonard N. Stern School of Business, New York University
Associate Professor, Operations Management
44 West Fourth Street, Suite 8-77, New York, NY 10012
Phone: (212) 998-0298, Fax (212) 995-4227
Email: rcaldent@stern.nyu.edu
Webpage: http://www.stern.nyu.edu/ ~ rcaldent/

Appointments

- Associate Professor. Stern School of Business, New York University. 2007-present.
- Assistant Professor.
• Stern School of Business, New York University. 2001-2007.
• Department of Industrial Engineering, University of Chile. 2005-present.

- Researcher. Department of Foreign Trade. Chilean Central Bank. 1995.

Education
	Massachusetts Institute of Technology, Cambridge, MA	September 1997 to
	-Degree: Ph.D. in Operations Management	May 2001
	-Thesis: Analyzing the Make-to-Stock Queue in the
	Supply Chain and eBusiness Settings
	University of Chile, Santiago, Chile	March 1988 to
	-Degree: Civil Industrial Engineer (Maximum Distinction)	November 1994
	-Thesis: Políticas de Precio para Bienes Perecibles
	Lycée de l'Alliance Française, Santiago, Chile	March 1975 to
		November 1987

Research Interests

- Revenue Management and Dynamic Pricing.
- Operations Management in the Retail Industry.
- Queueing Theory and its Applications to Manufacturing Systems.
- The Role of Financial Markets in Operations.
- Production Systems in the Copper Industry.

Publications and Forthcoming Papers

- Caldentey, R., M. Haugh (2007). Supply Contracts with Financial Hedging. Operations Research (forthcoming).
- Caldentey, R., G. Vulcano (2007). Online Auction and Revenue Management. Management Science vol. 53(5), 795-813.
- Caldentey, R., L. Wein (2006). Revenue Management of a Make-to-Stock Queue. Operations Research 54, 859-875. This paper was awarded the second prize in the M&SOM Student Paper Competition (2001). An extended abstract was published in M&SOM vol. 4, 4-6, (2002).
- Caldentey, R., M. Haugh (2006). Optimal Control and Hedging of Operations in the Presence of Financial Markets. Mathematics of Operations Research vol. 31, 285-304.
- Bitran, G., R. Caldentey (2003). An Overview of Pricing Models and Revenue Management. M&SOM vol. 5, 203-229.
- Caldentey, R., L. Wein (2003). Analysis of a Decentralized Production-Inventory System. M&SOM vol. 5, 1-17.
- Caldentey, R., S. Mondschein (2003). Policy Model for Pollution Control in the Copper Industry, Including a Model for the Sulfuric Acid Market. Operations Research vol. 51, 1-16.
- Bitran, G., R. Caldentey (2002). Two-Class Priority Queueing System with State-Dependent Arrivals. Queueing Systems vol. 40, 355-382.
- Caldentey, R. (2001). Approximations for Multi-Class Departure Processes. Queueing Systems vol. 38, 205-212.
- Caldentey, R., S. Mondschein (2000). Control de la Contaminación Atmosférica de las Fundiciones Estatales de Cobre Mediante un Sistema de Apoyo a las Decisiones. Rev. Ing. Syst., vol. XIV, 79-101. (In Spanish)
- Bitran, G., R. Caldentey, S. Mondschein (1998). Coordinating Clearance Markdown Sales of Seasonal Products in Retail Chains. Operations Research vol. 46, 609-624.

Other Publications and Technical Reports

- Caldentey, R., J.C. Ferrer, I. Haddad, G. Parada, D. Pérez, R. Vial. (2003). Políticas Dinámicas de Precio y Revenue Management en Falabella. Technical Report. University of Chile. (In Spanish)
- Caldentey, R. (2001). Analyzing the Make-to-Stock Queue in the Supply Chain and eBusiness Settings. Ph.D. Thesis, Sloan School of Management, MIT.
- Bitran, G., R. Caldentey, J.C., Ferrer, V. Tang. (1999) Value Pricing of IT Services. Technical Report. Sloan School of Management.
- Caldentey, R. (1995). Políticas de Precio para Productos Perecibles. Civil Industrial Engineering Thesis, Department of Industrial Engineering, University of Industrial Engineering Chile.
- Caldentey, R., E. Jadresic, A. López (1995). Indicadores de Competitividad de Exportaciones y Sustituidores de Importaciones", Chilean Central Bank Review. (In Spanish)

Papers Under Review

- Bitran, G., R. Caldentey, R. Vial (2005). Pricing Policies for a Family of Products under Demand Correlation. Management Science. Revise and resubmit.
- Araman, V., R. Caldentey (2005). Dynamic Pricing for Non-Perishable Products with Demand Learning. Operations Research. Revise and resubmit.
- Caldentey, R., R. Epstein, D. Sauré (2006). Optimal Exploitation of a Nonrenewable Resource. Under review in Operations Research
- Caldentey, R., E. Stacchetti (2007). Insider Trading with Stochastic Valuation. Under review in Econometrica.

Papers in Preparation

- Caldentey R., X. Chen The Role of Financial Services in Procurement Contracts.
- Caldentey R., A. Torzhkov. Modeling and Managing Congested Systems with Customers Sensitive to Past Delays.
- Caldentey R., F. Caro. Dynamic Assortment Planning.
- Caldentey R., E. Kaplan. A Heavy Traffic Approximation for Queues with Restricted Customer-Server Matchings.
- Caldentey, R., M. Haugh. The Martingale Approach to Operational and Financial Hedging.
- Caldentey, R., F. Ordoñez. Robust Network Revenue Management.
- Caldentey, R., G. Vulcano. Revenue Management in the Presence of Strategically Patient Consumers.
- Araman, V., R. Caldentey. Sequential Demand Learning and Dynamic Pricing.
- Bitran, G., R. Caldentey, P. Oliveira. Learning Customers’ Preferences through Repetitive Sale Interactions.

Teaching Experience

• Stern School of Business, NYU (July 2001-present)
  • Competitive Advantage from Operations (Undergraduate Core).
  • Competitive Advantage from Operations (MBA Core).
  • Introduction to Operations Research (MBA Elective).
  • Doctoral Courses:
    
    Applications of Stochastic Control to Revenue Management.
    Queueing Networks - Theory and Applications.
    Risk Management in Operations.
• Universidad Torcuato Di Tella, Argentina (July, 2006 and December 2007)
  • Core class on Operations Management (MBA level).
• Marshall School of Business, USC (May 23-May 27, 2005)
  • Mini Course on Stochastic Control with Applications (Ph.D. level).
• Sloan School of Management, MIT (June-July, 2000)
  • Teaching Assistant: Data, Models, and Decisions (Executive MBA).
• Universidad de Guayaquil (08/96)
  • Mini Course in Service Operations. (Executive MBA).
• Department of Industrial Engineering, University of Chile (03/96- 09/97)
  • Operations Research and Stochastic Processes (Undergraduate Core).
  • Linear Programming (Undergraduate Core).
  • Operations Management (MBA core).
  • Introduction to Decision Models (MBA elective).
  • Project Management (MBA elective).

Honors and Awards

- Principal co-Investigator: The Role of Information in Insider Trading with Stochastic Valuation. NSF project # 0720815, 2007-2010.
- Principal Investigator: The Martingale Approach to Operational and Financial Hedging. Research supported by Fondecyt, 2007-2010.
- Operations Research Meritorious Service Award, 2005.
- Finalist in the JFIG paper competition (M&SOM) with the paper: Online Auction and Revenue Management (co-author: Gustavo Vulcano). INFORMS, Denver 2004.
- Operations Research Meritorious Service Award, 2002.
- M&SOM Meritorious Service Award, 2004.
- Second Prize M&SOM Student Paper Competition 2001 with the paper Revenue Management of a Make-to-Stock Queue.
- Derbes, Gerrity, and Zannetos Fellowships 2000-2001. Sloan School of Management, MIT.
- Finalist in the paper Competition "OR in Developing Country" with the paper: Decision Support System for Pollution Control in the Copper Industry, Including a Model for the Sulfuric Acid Market (co-author: Susana Mondschein). IFORS ' 99, August 1999, Beijing, China.
- "Presidente de la República", Chilean Government Scholarship, 1997-2000.
- Outstanding Teacher Award 1996. Department of Industrial Engineering, University of Chile.
- Outstanding Engineer Student 1995. Chilean Institute of Engineers.
- Outstanding Teacher Assistant 1992-1994. Department of Industrial Engineering, University of Chile.

Selected Industry Projects

- Principal co-Investigator: Decision Support System for Evaluating Long-Term Investments in the Copper Industry. Research supported by Fondef and Codelco. (November 2004 to November 2007).
- Principal co-Investigator: Dynamic Pricing and Inventory Replenishment Models. Research supported by Falabella (October 2002 to October 2003).
- Research Assistant: Value Pricing of Technology-Intensive Services. Research supported by IBM (March 1999 to June 2000).
- Research Assistant: Measuring Quality of Service on the Internet. Research supported by AT&T (November 1997 to December 1998).
- Principal co-Investigator: Inventory and Capacity Management for a Seasonal Manufacturer. Research supported by Otto Krauss (March 1996 to March 1997).
- Research Assistant: Policy Model for Pollution Control in the Copper Industry, Including a Model for the Sulfuric Acid Market. Research supported by the Chilean Copper Commission (Cochilco) (September 1995 to March 1997).
- Principal co-Investigator: Development of Indexes for Measuring Competitiveness of Chilean Exports. Chilean Central Bank (April 1995 to November 1995).

Editorial and Service Activities

- Associate Editor: Manufacturing and Service Operations Management (2008-).
- Associate Editor: Management Science (2005-present), Revista de Ingeniería de Sistemas (1995-1996).
- Senior Editor: POM (2006-present).
- Editorial Board: Manufacturing and Service Operations Management (2003-2005).
- Invited Associate Editor: Operations Research.
- Conference Chair for Workshop on Operations and Management Science, July 28-29, 2005, Santiago, Chile.
- Cluster Chair for the Revenue Management and Dynamic Pricing track, INFORMS Atlanta, 2003.
- Judge: M&SOM Student Paper Award Competition, 2004, 2005.
- Referee for: Management Science, Operations Research, M&SOM, POM, Operations Research Letters, Probability in the Engineering and Information Sciences.
- Member: INFORMS.

Selected Invited Seminars

- The Wharton School of the University of Pennsylvania. April 2008.
- The Anderson School of Management, UCLA. April 2008.
- School of Operations Research and Industrial Engineering, Cornell University, February 2007.
- Robert H. Smith School of Business, University of Maryland, Maryland, February 2007.
- Operations Research Center, MIT, February 2007.
- Marshall School of Business, USC, Los Angeles CA, October 2006.
- Industrial and Systems Engineering, Lehigh University, September 2006.
- Universidad Torcuato Di Tella, Buenos Aires, Argentina, July 2006.
- Universidad Adolfo Ibañez, Santiago, Chile, June 2006.
- Managerial Economics and Decision Sciences Department, Kellogg School of Management, Northwestern University, October 2005.
- Department of Decision Sciences, Fuqua School of Business, Duke University, October 2005.
- Department of Mechanical Engineering, University of Minnesota, Minneapolis, December 2004.
- Robert H. Smith School of Business, University of Maryland, Maryland, December 2004.
- School of Business, University of Miami, Miami, December 2004.
- Sloan School of Management, MIT, Cambridge, November 2004.
- Tepper School of Business, CMU, Pittsburgh, November 2004.
- Marshall School of Business, USC, Los Angeles CA, October 2004.
- Universidad Torcuato Di Tella, Buenos Aires, Argentina, August 2004.
- Universidad de Buenos Aires, Facultad de Ciencias Exactas, Buenos Aires, Argentina, August 2004.
- Universidad de Chile, Facultad de Matemáticas, Santiago, Chile, August 2004.
- Yale School of Management, Yale University. January 2001.
- Managerial Economics and Decision Sciences Department, Kellogg School of Management, Northwestern University, January 2001.
- Columbia University Graduate School of Business. February 2001.
- Tepper School of Business, CMU, Pittsburgh, February 2001.
- Stephen M. Ross School of Business, University of Michigan. February 2001.
- IOE Department, University of Michigan. February 2001.
- Dept of Industrial Engineering and Management Sciences, Northwestern University, February 2001.
- School of Industrial Engineering, Purdue University. February 2001.
- INSEAD. March 2001.

Selected Conference Presentations

- Revenue Management. Plenary talk at OPTIMA'07, Puerto Montt, Chile, November 2007.
- Dynamic Assortment Planning. INFORMS, Seattle 2007.
- Optimal Exploitation of a Mineral Resource. INFORMS, Seattle 2007.
- Sequential Pricing and Demand Learning. INFORMS, Seattle 2007.
- Hedging Operational Risk Using Financial Markets. Integrated Finance and Operations Management Workshop. Carnegie Mellon Tepper School of Business, August 2006.
- Dynamic Pricing for Non-Perishable Products with Demand Learning. DIMACS Workshop on Yield Management and Dynamic Pricing, Rutgers University, August 2005.
- The Martingale Approach to Operational and Financial Hedging. Mini-Conference on Integrated Risk Management in Operations and Global Supply Chain Management. Boeing Center on Technology, Information and Manufacturing at Olin School of Business, Washington University-St.Louis. June 2005.
- Financial Hedging in the Supply Chain. INFORMS, Denver 2004.
- Pricing Policies for a Family of Products under Demand Correlation. INFORMS, Denver 2004.
- Operational and Financial Hedging: A Coherent Approach. Mini-Conference on Integrated Risk Management in Operations and Global Supply Chain Management. Boeing Center on Technology, Information and Manufacturing at Olin School of Business, Washington University-St.Louis. June 2004.
- Dynamic Pricing Under Competition. INFORMS, Atlanta, 2003.
- Dynamic Pricing and Demand Learning. EURO-INFORMS, Istanbul, Turkey, 2003.
- A Heavy Traffic Approximation for Queues with Restricted Customer-Server Matchings. INFORMS, San José, 2002.
- A Real Option Approach for Valuating Long-term Planning in the Mining Industry. INFORMS, San José, 2002.
- A Real Option Approach for Valuating Long-term Planning in the Mining Industry. POMS, Savanna, Georgia, 2003.
- Revenue Management of a Make to-Stock Queue. VI Congrès Franco-Chilien de Mathématiques Appliquées. Centro de Matemáticas Aplicadas, Universidad de Chile, Santiago 2001.
- Revenue Management of a Production Facility Operating in an Electronic Marketplace. INFORMS, San Antonio, 2000.
- Decision Support System for Pollution Control in the Copper Industry, Including a Model for the Sulfuric Acid Market. IFORS '99, Beijing, China, 1999.
- Coordinating Pricing Policies of Seasonal Products In Retail Chains. INFORMS, Dallas, 1997.

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File translated from T_EX by T_TH, version 3.66.
On 25 Aug 2008, 22:33.