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Michelle Li

  • Associate Professor
Academic Division: Mathematics, Analytics, Science, and Technology
781-239-6367
Michelle Li's research and teaching interests lie in the domains of operations research, game theory, business analytics, supply chain network management, humanitarian logistics, and sustainable systems. She studies the economics, equilibrium, and dynamics of game theoretic supply chain networks, with applications to sustainability, corporate social responsibility, outsourcing, information asymmetry, and humanitarian blood banking. Her publication outlets include the European Journal of Operational Research, Omega, Annals of Operations Research, International Journal of Production Economics, etc., and has co-authored a book titled "Competing on Supply Chain Quality A Network Economics Perspective".

Academic Degrees

  • Ph D, University of Massachusetts - Amherst
  • BS, Nankai University

Awards & Honors

  • 2022 — Babson College Faculty Scholarship Award - Early Career Scholar Award, Babson College
  • 2018 — Neil Griffin College of Business Faculty Award for Excellence in Research, College of Business, Arkansas State University
  • 2017 — College of Business Faculty Award for Excellence in Undergraduate Teaching, College of Business, Arkansas State University
  • 2014 — Outstanding Doctoral Student Researcher Award, Isenberg School of Management, University of Massachusetts Amherst

Courses

  • Degree Courses 2025

    • QTM 9510 OPTIMIZATION METHODS AND APPLICATIONS
    • AQM 2000 PREDICTIVE BUSINESS ANALYTICS

  • Degree Courses 2024

    • QTM 7571 MACHINE LEARNING METHODS FOR BUS
    • QTM 9510 OPTIMIZATION METHODS AND APPLICATIONS

  • Degree Courses 2023

    • QTM 9510 OPTIMIZATION METHODS AND APPLICATIONS
    • QTM 3615 TIME SERIES AND FORECASTING
    • QTM 3620 OPTIMIZATION METHODS AND APPLICATIONS

Publications

Journal Articles

  • Li, D., Pachamanova, D.A., Siricharoensang, P. (2024). Prescriptive Analytics for Entrepreneurial Growth: Data-Driven Strategic Decision Making at iParty Bangkok Co., Ltd.. INFORMS Transactions on Education. INFORMS. link
  • Yu, M., Cruz, J., Li, D., Masoumi, A. (2022). A Multiperiod Competitive Supply Chain Framework with Environmental Policies and Investment in Sustainable Operations. European Journal of Operational Research. Vol: 300, Issue: 1, Page: 112-123.
  • Li, D., Cruz, J. (in press). Multiperiod Supply Chain Network Dynamics under Investment in Sustainability, Externality Cost, and Consumers’ Willingness to Pay. International Journal of Production Economics. Vol: 247, Page: 108441.
  • Yu, M., Cruz, J.M., Li, D. (2019). The sustainable supply chain network competition with environmental tax policies. International Journal of Production Economics. Vol: 217, Page: 218-231.
  • Nagurney, A., Besik, D., Li, D. (2019). Strict quotas or tariffs? Implications for product quality and consumer welfare in differentiated product supply chains. Transportation Research Part E: Logistics and Transportation Review. Vol: 129, Page: 136-161.
  • Li, D., Nagurney, A., Yu, M. (2018). Consumer learning of product quality with time delay: Insights from spatial price equilibrium models with differentiated products. Omega - The International Journal of Management Science. Vol: 81, Page: 150-168.
  • Li, D., Nagurney, A. (2017). Supply chain performance assessment and supplier and component importance identification in a general competitive multitiered supply chain network model. Journal of Global Optimization. Vol: 67, Issue: 1-2, Page: 223-250.
  • Li, D., Nagurney, A. (2015). A general multitiered supply chain network model of quality competition with suppliers. International Journal of Production Economics. Vol: 170, Page: 336-356.
  • Nagurney, A., Li, D. (2015). A supply chain network game theory model with product differentiation, outsourcing of production and distribution, and quality and price competition. Annals of Operations Research. Vol: 226, Issue: 1, Page: 479-503.
  • Nagurney, A., Nagurney, L.S., Li, D. (2015). Securing the sustainability of global medical nuclear supply chains through economic cost recovery, risk management, and optimization. International Journal of Sustainable Transportation. Vol: 9, Issue: 6, Page: 405-418.
  • Nagurney, A., Li, D. (2014). A dynamic network oligopoly model with transportation costs, product differentiation, and quality competition. Computational Economics. Vol: 44, Issue: 2, Page: 201-229.
  • Nagurney, A., Li, D. (2014). Equilibria and dynamics of supply chain network competition with information asymmetry in quality and minimum quality standards. Computational Management Science. Vol: 11, Issue: 3, Page: 285-315.
  • Nagurney, A., Li, D., Nagurney, L.S. (2014). Spatial price equilibrium with information asymmetry in quality and minimum quality standards. International Journal of Production Economics. Vol: 158, Page: 300-313.
  • Nagurney, A., Li, D., Wolf, T., Saberi, S. (2013). A network economic game theory model of a service-oriented internet with choices and quality competition. NETNOMICS: Economic Research and Electronic Networking. Vol: 14, Issue: 1-2, Page: 1-25.
  • Nagurney, A., Li, D., Nagurney, L.S. (2013). Pharmaceutical supply chain networks with outsourcing under price and quality competition. International Transactions in Operational Research. Vol: 20, Issue: 6, Page: 859-888.

Books

  • Nagurney, A., Li, D., others, . (2016). Competing on supply chain quality - A Network Economics Perspective. Springer.

Cases and Teaching Notes

  • Li, D., Pachamanova, D.A., Siricharoensang, P. (2024). Prescriptive Analytics for Entrepreneurial Growth: Data-Driven Strategic Decision Making at iParty Bangkok Co., Ltd.. INFORMS. link

Book Chapters

  • Nagurney, A., Li, D., Wolf, T., Saberi, S., , . (2014). A dynamic network economic model of a service-oriented Internet with price and quality competition: Network Models in Economics and Finance. Page: 239-264. Springer International Publishing.

Presentations

  • Closed-loop Supply Chain Network Model with Recycling, Re-manufacturing, Refurbishing, and Corporate Social Responsibility Li, D. Cruz, J. Ke, K. POMS 2023 International Conference, Paris, France (2023)
  • A Multiperiod Competitive Supply Chain Framework with Environmental Policies and Investment in Sustainable Operations. Yu, M. Cruz, J. Li, D. Masoumi, A. 33rd Annual POMS Conference, Orlando, FL (2023)
  • Performance Analysis of A Blood Bank Merger in the COVID-19 Pandemic Masoumi, A. Yu, M. Hoffmann, J. Li, D. INFORMS Annual Meeting, Indianapolis, IN (2022)
  • Performance Analysis of A Blood Bank Merger in the COVID-19 Pandemic Li, D. 32nd POMS Annual Conference, Online (2022)
  • Multiperiod Supply Chain Network Dynamics under Investment in Sustainability, Externality Cost, and Consumers’ Willingness to Pay Li, D. Cruz, J. INFORMS Annual Meeting, Online (2021)
  • A Multiperiod Competitive Supply Chain Framework with Environmental Policies and Investment in Sustainable Operations Li, D. 31st POMS Annual Conference, Online (2021)
  • Strict Quotas or Tariffs? Implications for Product Quality and Consumer Welfare in Differentiated Product Supply Chains Nagurney, A. Besik, D. Li, D. 2019 INFORMS Annual Meeting, Seattle, WA (2019)
  • Strict Quotas or Tariffs? Implications for Product Quality and Consumer Welfare in Differentiated Product Supply Chains Nagurney, A. Besik, D. Li, D. Babson College Faculty Research Discussion, Babson College (2019)
  • Sustainable Supply Chain Network Competition with Environmental Tax Policies Yu, M. Cruz, J. Li, D. 2019 Babson Faculty Research Day, Babson College (2019)
  • The Sustainable Supply Chain Network Competition with Environmental Tax Policies Li, D. 2018 INFORMS Annual Meeting, Phoenix, AZ (2018)
  • Consumer Learning of Product Quality with Time Delay: Insights from Spatial Price Equilibrium Models with Differentiated Products Li, D. INFORMS Student Chapter Seminar Series, Fayetteville, AR (2018)
  • Consumer Learning of Product Quality with Time Delay: Insights from Spatial Price Equilibrium Models with Differentiated Products Li, D. 2017 INFORMS Annual Meeting, Houston, TX (2017)
  • Consumer Learning of Product Quality with Time Delay: Insights from Spatial Price Equilibrium Models with Differentiated Products Li, D. 28th POMS Annual Conference, Seattle, WA (2017)
  • A General Multitiered Supply Chain Network Model of Quality Competition with Suppliers Li, D. 2016 INFORMS Annual Meeting, Nashville, TN (2016)
  • Supply Chain Performance Assessment and Supplier and Component Importance Identification in a General Competitive Multitiered Supply Chain Network Model Li, D. 2015 INFORMS Annual Meeting, Philadelphia, PA (2015)
  • A Supply Chain Network Game Theory Model with Product Differentiation, Outsourcing of Production and Distribution, and Quality and Price Competition Li, D. 26th POMS Annual Conference, Washington D.C. (2015)
  • Supply Chain Performance Assessment and Supplier and Component Importance Identification in a General Competitive Multitiered Supply Chain Network Model Li, D. World Congress on Global Optimization 2015, Gainesville, FL (2015)
  • Equilibria and Dynamics of Supply Chain Network Competition with Information Asymmetry in Quality and Minimum Quality Standards Li, D. 2014 INFORMS Annual Meeting, San Francisco, CA (2014)
  • Equilibria and Dynamics of Supply Chain Network Competition with Information Asymmetry in Quality and Minimum Quality Standards Li, D. 25th POMS Annual Conference, Atlanta, GA (2014)
  • Pharmaceutical Supply Chain Networks with Outsourcing Under Price and Quality Competition Li, D. 2013 INFORMS Annual Meeting, Minneapolis, MN (2013)
  • A Dynamic Network Oligopoly Model with Transportation Costs, Product Differentiation, and Quality Competition Li, D. Raytheon MTN (Manufacturing Technology Network) Symposium - University Track, Tewksbury, MA (2013)
  • Pharmaceutical Supply Chain Networks with Outsourcing Under Price and Quality Competition Li, D. 24th POMS Annual Conference, Denver, CO (2013)
  • Securing the Sustainability of Global Medical Nuclear Supply Chains Through Economic Cost Recovery, Risk Management, and Optimization Li, D. 24th POMS Annual Conference, Denver, CO (2013)
  • A Dynamic Network Oligopoly Model with Transportation Costs, Product Differentiation, and Quality Competition Li, D. 2012 INFORMS Annual Meeting, Phoenix, AZ (2012)
  • Securing the Sustainability of Global Medical Nuclear Supply Chains Through Economic Cost Recovery, Risk Management, and Optimization Li, D. 2012 INFORMS Annual Meeting, Phoenix, AZ (2012)
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