Mustafa Akan
Associate Professor of Operations Management
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Mustafa Akan is an Associate Professor of Operations Management at the Tepper School of Business, Carnegie Mellon University. His thesis received the Best Dissertation Award of the Aviation Applications Section of INFORMS in 2008. He held the Xerox Faculty Chair in 2009 and served as the Operations Management and Manufacturing Ph. D. program coordinator in 2009-2011. He is the co-recipient of the 2009 INFORMS Best Paper in Service Science, POMS 2012 Healthcare Best Paper awards, and the 2013 Lave-Weil Prize. Dr. Akan won the Gerald L. Thompson Teaching Award in 2014 at Carnegie Mellon University. He received the NSF CAREER Award in 2014. His research interests include pricing and revenue management, mechanism design, liver allocation, matching markets, stochastic modeling, queueing theory, manufacturing and service operations management, and healthcare delivery systems.Education
- Northwestern University - Ph D (Managerial Economics and Strategy) - 2008
- Bilkent University - BS (Industrial Engineering) - 2004
Research
Revenue Management, Health Care Management, Manufacturing and Service Operations ManagementPublications
- The Pennsylvania Adoption Exchange Improves Its Matching Process
(author(s): Vince Slaugh, Mustafa Akan, Onur Kesten, Utku Unver)
Interfaces 46(2), 2016 - On Bid-Price Controls For Network Revenue Management
(author(s): Mustafa Akan, B Ata)
Stochastic Systems 5(2), 2015; 268–323 - Experimental Results Indicating Lattice-Dependent Base-Stock and Rationing Policies are Optimal for Assemble-to-Order Systems
(author(s): Emre Nadar, Mustafa Akan, Alan Scheller-Wolf)
Production and Operations Management, 2015 - Revenue Management by Sequential Screening
(author(s): Mustafa Akan, Baris Ata, James Dana)
Journal of Economic Theory 159(PB), 2015; 728-774 - Optimal Structural Results for Assemble-to-Order M-Systems
(author(s): Emre Nadar, Mustafa Akan, Alan Scheller-Wolf)
Operations Research 62(3), 2014; 571-579 - Dynamic Pricing of Remanufacturable Products Under Demand Substitution: A Product Life Cycle Model
(author(s): Mustafa Akan)
Annals of Operations Research 211(1), 2013; 1-25 - Congestion-Based Lead-Time Quotation for Heterogenous Customers with Convex-Concave Delay Costs: Optimality of a Cost-Balancing Policy Based on Convex Hull Functions
(author(s): Mustafa Akan, B Ata, T Olsen)
Operations Research 60(6), 2012; 1505–1519 - A Broader View Of Designing The Liver Allocation System
(author(s): Mustafa Akan, O. Alagoz, B. Ata, F.S. Erenay, A. Said)
Operations Research 60(4), 2012; 757-770 - Genotype Guided Therapeutic Dosing Of Warfarin In Geriatric Patients
(author(s): A Radhakrishnan, D Vido, Sridhar Tayur, Mustafa Akan, S Murali)
Journal of the American College of Cardiology 59, 2012 - Asymmetric Information And Economies Of Scale In Service Contracting
(author(s): Mustafa Akan, Baris Ata, Martin A. Lariviere)
M&Som-Manufacturing & Service Operations Management 13(1), 2011; 58-72 - Bid-Price Controls For Continuous Time Network Revenue Management: Martingale Characterization Of Optimal Bid Prices
Mathematics of Operation Research(author(s): Mustafa Akan)
Mathematics of Operations Research 34(4), 2009; 912-936 - Optimizing Liver Allocation Policy
(author(s): Adnan Said, Safa Erenay, Mustafa Akan, Baris Ata, Oguzhon Alagoz)
Hepatology 50(4), 2009; 647A-648A - Design of an Optimal Liver Allocation System
(author(s): Mustafa Akan, O. Alagoz, B. Ata, F. Erenay, A. Said)
Proceedings of the 60th Annual Meeting of the American Association for the Study of Liver Diseases (AASLD), 2009 - A Fluid Dynamic Model to Optimize the Liver Allocation System
(author(s): Mustafa Akan, O. Alagoz, B. Ata, F. Erenay)
Proceedings of 2008 NSF Engineering Research and Innovation Conference, 2008
Working Papers
- Improving Child Welfare Outcomes via Market Design
More Fair By Design: Economic Design Responses To Inequality(author(s): Onur Kesten, Mustafa Akan)
Oxford University Press - When Are Agents Partners?
(author(s): Mustafa Akan, J Poblete)
- Budget Procedures for NPO Funding
(author(s): Mustafa Akan, S Boranbay)
Production and Operations Management - Better Intermediation in Two-Sided Markets
- Design of Information Acquisition Points in Queueing Networks
(author(s): Mustafa Akan, M Delasay)
- Designing, Scheduling, and Pricing Differentiated Services under Quality-Speed Tradeoffs
(author(s): S Doroudi, Mustafa Akan, M Harchol-Balter, P Afeche)
- Imaging Room and Beyond: The Underlying Economics Behind Physicians’ Test Ordering Behavior in Outpatient Services
(author(s): T Dai, Mustafa Akan, S Tayur)
Manufacturing & Service Operations Management - Towards an Equitable Allocation of Livers Among HCC and Non-HCC Patients
(author(s): Mustafa Akan, Zachary Leung, Sridhar Tayur, James Markmann, Heidi Yeh)
- Optimal Portfolio Strategies For New Product Development
(author(s): E Nadar, Mustafa Akan, L Debo, A Scheller-Wolf)
Management Science - Replenishment and Fulfillment Based Aggregation for General Assemble-to-Order Systems
(author(s): Emre Nadar, Alp Akcay, Mustafa Akan, Alan Scheller-Wolf)
- Priority Pricing in Queues with a Continuous Distribution of Customer Valuations
(author(s): Mustafa Akan, S Doroudi, Mor Harchol-Balter, J Karp, C Borgs, J Chayes)
Awards and Honors
- National Science Foundation (NSF) - CAREER Award (2014)
- Carnegie Mellon University - Gerald L. Thompson Teaching Award (2014)
- Tepper School of Business - Lave-Weil Prize (2013)
- College of Healthcare Operations Management, POMS - Best Paper Award (2012)
- Carnegie Mellon University - Berkman Faculty Development Grant (2010)
- Tepper School of Business at Carnegie Mellon - Xerox Jr Faculty Chair (2009)
- INFORMS - Best Paper Award of the Services Science Section (2009)
- Aviation Applications Section of INFORMS - Best Dissertation Award (2008)
- MSOM - Honorable Mention, Student Paper Competition (2008)
- George E. Nicholson Student Paper Competition of INFORMS - Honorable Mention (2006)
- Northwestern University - Ranked #1 in Microeconomics PhD Qualifiers (2005)
University Service
- Undergraduate Business Operations Management Concentration, Faculty Advisor (2015 - )
- Undergraduate Business Academic Actions Committee (BAAAC), Committee Member (2015 - )
- Undergraduate Business Administration Educational Affairs Committee (BAEAC), Committee Member (2015 - )
- Undergraduate Business Program - Consulting Club, Faculty Advisor (2013 - )
- CMU Solutions, Undergraduate Business Administration, Student Org Advisor (Professional Org) (2013 - )
- The William W. Cooper Doctoral Dissertation Award Committee, Committee Member (2013 - 2015)
- Manufacturing Management and Consulting (MMC) Track, Faculty Advisor (2013 - 2015)
- Undergraduate Curriculum Review Committee, Committee Member, To review the curricula of the Tepper Undergraduate Programs (both economics and business administration). To determine any curricular changes in the programs necessary to provide higher quality, more effective programs. (2013 - 2014)
- Tepper PhD Committee, Committee Member, Operations Management and Manufacturing, Oversight of PhD activities, Coordinating admissions and evaluations, Organizing summer paper presentations (2009 - 2011)
- Thompson Dissertation Award Committee, Committee Member (2009 - 2009)
Public Service
- Pennsylvania’s Statewide Adoption and Permanency Network (SWAN), Contributed lectures and algorithms on game theory and matchings to help with optimal adoption placement., Advising, research partnership (2010 - )
- Gerald McGinnis Cardiovascular Institute, AGH, Task Force Member, Courtesy Appointment (2009 - 2010)
Professional Activities
- Member, American College of Cardiology (ACC) (2012 -)
- Committee Member, POMS College of Supply Chain Management , Best Student Paper Competition (2011 - 2012)
- Committee Member, Manufacturing and Service Operations Management Society, Student Paper Competition (2009 - 2011)
- Track Organizer, Aviation Applications Track, INFORMS Annual Meeting (November 2008 - October 2009)