Honored for "Design of Automated Agents Capable of Recognizing and Forecasting the Economic Environment"
Research by Professor Alok Gupta and colleagues from the University of Minnesota and Erasmus University received the 2012 Design Science Award from the INFORMS Information System Society (ISS). The annual award recognizes research efforts centered on the design and realization of innovative information technology (IT) artifacts.
Gupta earned the prize for "Design of Automated Agents Capable of Recognizing and Forecasting the Economic Environment." One of the key papers from this research project, "Real-Time Tactical and Strategic Sales Management for Intelligent Agents Guided by Economic Regimes," was recently published in the journal Information Systems Research.
In issuing the award the judges commented, "The authors have combined design science principles and economic theory to design and evaluate specific artifacts but also to develop 'design theory' for software agents. The evaluation is well-conceived and convincing."
Gupta, the Curtis L. Carlson Schoolwide Chair in Information Management, also won the 2011 Design Science Award for his work with Carlson School colleagues Professors Shawn Curley and Gedas Adomavicius.