David B. Hertz
David Bendel Hertz was an operations research practitioner and academic, known for various contributions to the discipline, and specifically, and more widely, for pioneering the use of Monte Carlo methods in finance. He developed innovative modeling approaches for the solution of complex management issues. His earliest publications added insights to the industrial process of research and development.
He was a professor at the University of Miami: distinguished professor of artificial intelligence, director of the UM Intelligent Computer Systems Research Institute and a professor of management science and law. He served as TIMS President, ORSA President, and was a recipient of the Kimball Medal. He was also a fellow of INFORMS. Previously, he had been a practicing lawyer, and a partner at McKinsey and Company and at Arthur Andersen Company. He was also a professor at Columbia University. He served as a commander in the U.S. Navy during World War II. He was affectionately nicknamed "Cuz-Cuz" by his peers.
He is published and cited in various journals on technology, management and operations research, and has authored several textbooks. His most widely cited papers include ',
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He earned his BA, BS, and PhD at Columbia, as well as an MS from the U.S. Navy Postgraduate School and a JD from New York University Law School. His PhD in Mathematics discussed "The Theory and Practice of Industrial Research".
