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Iglehart was jointly awarded the John von Neumann Theory Prize in 2002 with Cyrus Derman, the same year he was named an inaugural Fellow of the Institute for Operations Research and the Management Sciences. He was recognized for having pioneered and developed diffusion limits and approximations for heavily congests stochastic systems. His ideas provided tractable limiting processes and readily computable approximations for complex queueing and other stochastic systems for which closed-form solutions have proved intractable. Iglehart’s original research and contributions continue to grow as his papers have been cited in hundreds of publications.
Much of Iglehart’s work in diffusion approximations has been widely incorporated into popular software packages. He introduced and led the developed of the regenerative method for stochastic simulation output analysis, inspiring a flood of significant contributions to simulation methodology. In the late 1980s and early 1990s, Iglehart and Glynn incorporated such techniques as importance sampling into stochastic simulations. Some of his other work has included developments in inventory and distribution problems as well as queueing theory.
Much of Iglehart’s work in diffusion approximations has been widely incorporated into popular software packages. He introduced and led the developed of the regenerative method for stochastic simulation output analysis, inspiring a flood of significant contributions to simulation methodology. In the late 1980s and early 1990s, Iglehart and Glynn incorporated such techniques as importance sampling into stochastic simulations. Some of his other work has included developments in inventory and distribution problems as well as queueing theory.
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ACM Transactions on Modeling and Computer Simulationno. 4 (2004): 325-343
PROBABILITY IN THE ENGINEERING AND INFORMATIONAL SCIENCESno. 2 (1999): 147-167
MANAGEMENT SCIENCEno. 9 (1993): 1108-1111
Donald L Iglehart, A P Lalchandani
mag(1989)
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