Dr. Anand Deo wins ISIM Outstanding Simulation Award 2024 for black-box simulation innovation

Dr. Anand Deo, from the Decision Sciences area at IIM Bangalore, was recently honored with ISIM Outstanding Simulation Publication Award 2024. The prestigious recognition, awarded by the INFORMS Simulation Society, acknowledges exceptional contributions to simulation literature in the form of articles, books, book chapters and monographs, copyrighted between 2021 and 2023. He shares this accolade with co-author Prof. Karthyek Murthy, Singapore University of Technology and Design (SUTD).

The study, titled ‘Achieving Efficiency in Black-Box Simulation of Distribution Tails with Self-Structuring Importance Samplers’, has been celebrated for its innovative contributions and broad applicability across diverse domains, including operations, financial engineering, analytics, and management sciences.