Duncan Simester
at IMD Business School
Professor of Marketing at Sloan School of Management
Schools
- IMD Business School
- Sloan School of Management
Expertise
Links
Biography
IMD Business School
Duncan Simester investigates retail pricing and how customers form inferences about competitive prices from common marketing cues such as sale signs, price endings, installment billing offers, and credit card logos. Simester also investigates how operations research techniques can be used to optimize marketing decisions. His current work explores the long-term costs of stockouts, the long-term impact of promotion decisions, dynamic catalog mailing decisions, and adaptive techniques for the optimal design of pricing and product decisions. Other work investigates the allocation of ownership in channel relationships, and the adaptive design of market research instruments. His research is often inter-disciplinary in nature, using methodologies developed in economics or operations research to make contributions to the academic literature. The research relies heavily on industry participation, and includes many large-scale field tests conducted with a variety of direct marketing companies and other retail firms.
Sloan School of Management
Duncan Simester is a professor at the MIT Sloan School of Management where he holds the NTU Chair in Management Science. He is an expert on how economics and artificial intelligence can contribute to the understanding and practice of marketing and strategy. His work is widely published in the academic literature. The studies rely heavily on industry participation, and often include large-scale field experiments conducted with cooperating firms. Simester regularly consults with a variety of organizations on topics related to marketing strategy, go-to-market strategies, and the use of artificial intelligence and experiments to improve business decisions.
Prior to joining the faculty at MIT, Duncan was a professor at the University of Chicago’s Graduate School of Business. He is also a qualified lawyer and member of the bar in his native New Zealand.
Duncan holds a PhD from MIT.
Videos
Duncan Simester: ELLE International Fashion and Luxury Management Program
"Understanding the Customer Decision Process: Why Good Products Fail" with Professor Duncan Simester
Duncan Simester
Faculty profile- Duncan Simester, Faculty Director and Professor at MIT Sloan School of Management
Duncan Simester, MIT-Sloan: The Surprising Breadth of the Harbingers of Failure
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