VIKRANT VAZE. Business Address: 77 Massachusetts Avenue Building Cambridge, MA

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1 Vikrant Vaze - 1 of 5 VIKRANT VAZE Business Address: Building vikrantv@mit.edu Home address: 88 Columbia Street Apartment EDUCATION Ph.D. in Transportation Systems (expected June 2011), GPA: 5.00/5.00. Thesis: Multi-agent, Multi-stakeholder Approaches in Airline Scheduling for Efficient Utilization of Aviation Infrastructure. Advised by Prof. Cynthia Barnhart (Interim Dean of Engineering, MIT). M.S. in Operations Research (June, 2010), GPA: 5.00/5.00. Coursework: Linear and Integer Programming, Network Optimization, Probability, Game Theory, Discrete Choice Analysis, Logistical and Transportation Planning Methods, Logistics and Supply Chain Management, Queuing Theory, Revenue Management, Object-Oriented Programming, Databases and Systems Integration. M.S. in Transportation (June, 2007), GPA: 5.00/5.00. Thesis: Calibration of Dynamic Traffic Assignment Models with Point-to-Point Traffic Surveillance. Indian Institute of Technology Bombay Bachelor of Technology in Civil Engineering, GPA: 9.83/10.00 (University Highest). Mumbai, India AWARDS UPS Doctoral Student Fellowship, Center for Transportation and Logistics, Massachusetts Institute of Technology ( ). Graduate Research Award, from the Airport Cooperative Research Program, sponsored by the Federal Aviation Administration of the U.S. Department of Transportation ( ). Honorable Mention, AGIFORS Anna Valicek Paper Competition for Original and Innovative Research in the Applications of Operations Research to Airlines and/or Airline Related Business Problems (2010). Presidential Fellowship, ( ). President of India Gold Medal, for the best academic performance in a batch of 500 students across all departments of Indian Institute of Technology Bombay (2005). Best Undergraduate Thesis Award, Indian Institute of Technology Bombay (2005). Institute Medal, for the best academic performance in the Department of Civil Engineering at Indian Institute of Technology Bombay, for each of the four years of undergraduate study (2002, 2003, 2004 and 2005).

2 Vikrant Vaze - 2 of 5 National Talent Search Scholarship Fellow, National Council for Educational Research and Training, Government of India, (awarded in 1999). RESEARCH INTERESTS Multi-agent systems, game theory, mechanism design, simulation and statistical modeling, large-scale optimization of transportation and logistics systems, air transportation, supply chain management, network design and optimization, pricing and resource allocation over networks. RESEARCH EXPERIENCE Research Assistant, Department of Civil and Environmental Engineering, MIT Sep Present Role of Airline Competition in Airport Congestion Mitigation using Demand Management Strategies Advisor: Prof. Cynthia Barnhart Established the connection between airline competition and airport congestion using non-cooperative game theoretic models. Studied the differences between airline scheduling with and without competition. Proved the suitability of Nash equilibrium-based predictions through empirical and computational evidence. Proved, mathematically, the convergence of two different myopic dynamics for the non-equilibrium situations. Proposed innovative demand management strategies to alleviate airport congestion, and showed how some simple slot reduction strategies can benefit all the major stakeholders. Research Assistant, Operations Research Center, MIT Sep Jun 2010 Modeling Passenger Travel and Delay Patterns in the United States, and Understanding the Impacts of Airline Scheduling Practices on Passenger Delays and Disruptions Collaborators: Douglas Fearing, Prof. Cynthia Barnhart Developed a novel methodology, based on data fusion and discrete choice modeling, for retrieving disaggregate passenger travel patterns in the US national air transportation network using various publicly available aggregate data sources. Extended an existing greedy heuristic for passenger reaccommodation and delay estimation. Built an elaborate framework, consisting of models and a rich source of disaggregate passenger data, for analyzing the air transportation system s performance based on passenger-centric approach to aid policy decision making. Research Assistant, Department of Civil and Environmental Engineering, MIT Sep May 2007 Calibration of Traffic Simulation Models for Dynamic Traffic Assignment and Route Guidance. Advisor: Prof. Moshe E. Ben-Akiva Researched the problem of calibrating macroscopic highway traffic assignment models using emerging traffic sensing technologies. Modeled the problem as a large-scale, simulation-based optimization problem with uncertainty, and analyzed the performance of various algorithmic approaches for its solution.

3 Vikrant Vaze - 3 of 5 Identified gradient approximation-based stochastic optimization algorithms to be the most suitable for such problems because they require very few objective function evaluations, which is a very costly operation for simulation-based optimization. Summer Intern, Institute for Transport Planning and Systems, Swiss Federal Institute of Technology, Zurich, Switzerland May - Jul 2005 Continuous Space Geometric Representation of Human Activity Spaces Advisor: Prof. Kay W. Axhausen Summer Intern, Department of Geodesy and Surveying, Budapest University of Technology and Economics, Budapest, Hungary May - Jul 2004 Spatial Representation of the Strength and Precision Characteristics of GPS Signal Advisor: Prof. József Ádám TEACHING EXPERIENCE Lecturer, MIT Fall, J: Transportation Systems Analysis: Performance and Optimization Class size: 24 Co-instructing, along with Prof. Amedeo Odoni, one of the two core subjects in MIT s Master of Science in Transportation program; substituting for the half of the course previously taught by Prof. Cynthia Barnhart. Introduced the students to linear, integer, and network optimization techniques, with special emphasis on mathematical modeling of transportation systems. Emphasized on the need for good formulations, tight bounds, and efficient algorithms for solving large-scale problems, through several lucid in-class examples, and through the assignment problems. Plan to demonstrate the usefulness of these OR techniques in transportation through real-world case studies in the latter half of the course. Teaching Assistant, MIT Fall, J: Transportation Systems Analysis: Performance and Optimization Class size: 32 Lecturers: Prof. Amedeo Odoni and Prof. Cynthia Barnhart Conducted weekly recitations to complement the lectures, and taught software tutorials. Prepared teaching material including case studies, problem sets and exams; graded case studies and problem sets. Assisted graduate and undergraduate students from varied backgrounds including economics, finance, business, operations research, aeronautical engineering, civil engineering, urban planning and policy. PUBLICATIONS Vaze, V., and C. Barnhart (2010). Modeling Airline Frequency Competition for Airport Congestion Mitigation. Submitted. Transportation Science. Barnhart, C., D. Fearing, and V. Vaze (2010). Analyzing Passenger Disruptions in the National Air Transportation System. Submitted. The AGIFORS 50 th Anniversary Journal. Barnhart, C., D. Fearing, and V. Vaze (2010). Modeling Passenger Travel and Delays in the National Air Transportation System. Submitted. Operations Research. Vaze, V., and C. Barnhart (2010). Price of Airline Frequency Competition. Working Paper. MIT.

4 Vikrant Vaze - 4 of 5 Vaze, V., and C. Barnhart (2010). An Assessment of the Impact of Demand Management Strategies for Efficient Allocation of Airport Capacity. Resubmitted after Revision. International Journal of Revenue Management. Vaze, V., C. Antoniou, Y. Wen, and M. Ben-Akiva (2009). Calibration of Dynamic Traffic Assignment Models with Point-to-Point Traffic Surveillance. Transportation Research Record, 2090, pp 1-9. Rai, R., M. Balmer, M. Rieser, V. Vaze, S. Schönfelder, and K. Axhausen (2007). Capturing Human Activity Spaces: New Geometries. Transportation Research Record, 2021, pp PROFESSIONAL EXPERIENCE Associate, Algorithmic Trading Desk, Lehman Brothers, New York NY Jul Aug 2008 Developed and managed six different proprietary algorithmic trading strategies with combined daily trade value of over $2 Billion; was solely accountable for three of those strategies. Analyzed rich empirical datasets on the market microstructure, and came up with ways of exploiting the short-term price and order quantity variations; suggested and implemented improvements to the algorithms and models through statistical back-testing and optimization. Owned and maintained a SQL database of order execution performance that served as a platform for trade execution research. Interacted and communicated with clients, internal traders and sales representatives in real-time, highpressure trading environment. Operations Research Analyst Intern, Sabre Airline Solutions, Southlake TX May - Aug 2006 Initiated structural changes to the demand forecasting and revenue optimization modules implemented by the Department of Revenue Planning and Decisions. Reconfigured the demand forecasting module of Sabre s revenue management product (AirMax: Low Fares Manager) to improve the forecasting accuracy. Developed a dynamic programming prototype for testing various pricing and inventory allocation strategies; the results helped convince important client airlines, which were on the verge of leaving, to stay. INVITED PRESENTATIONS Game Theoretic Models of Airline Frequency Competition for Airport Congestion Mitigation. Transportation Lecture Series, Indian Institute of Technology Bombay, Mumbai, India (Aug 2010). Efficient Utilization of Airport Capacity under Frequency Competition. 12 th World Conference on Transport Research, Lisbon, Portugal (Jul 2010). A Discrete Choice Approach to Simulating Airline Passenger Itinerary Flows. Seventh Triennial Symposium on Transportation Analysis, Tromso, Norway (Jun 2010). Airline Scheduling, Competition, and Congestion Mitigation. International Workshop on Advances in Airport, Air Traffic, and Airline Network Design, Lisbon, Portugal (Apr 2010). Competitive Frequency Analysis and Impacts on Congestion. Industry Advisory Board/Airline Industry Consortium Joint Meeting, MIT Global Airline Industry Program, Cambridge MA (Oct 2009). Efficient Utilization of Airport Capacity under Frequency Competition. INFORMS Annual Meeting, San Diego CA (Oct 2009).

5 Vikrant Vaze - 5 of 5 Efficient Utilization of National Air Transportation System (NATS) Capacity. AGIFORS Annual Airline Operations Conference, Montreal, Canada (May 2009). REFERENCES Professor Cynthia Barnhart Interim Dean of Engineering Associate Dean of Academic Affairs Director, Transportation@MIT Ford Professor of Engineering Building cbarnhart@mit.edu Associate Professor Asuman Ozdaglar Class of 1943 Career Development Professor Department of Electrical Engineering and Computer Science Building 32-D asuman@mit.edu Professor Amedeo Odoni Department of Aeronautics and Astronautics, & Department of Civil and Environmental Engineering 77 Building arodoni@mit.edu Dr. Peter Belobaba Principal Research Scientist, International Center for Air Transportation Program Manager, MIT Global Airline Industry Program Building belobaba@mit.edu