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Professor Jim Griffin wins the Dick Wittink Prize

14 October 2024

Professor Jim Griffin and Dr Adam Smith (School of Management, UCL) won the 2024 Dick Wittink prize for the paper “Shrinkage priors for high-dimensional demand estimation”.

The prize is awarded annually for the best paper published in the Quantitative Marketing and Economics journal. The paper shows how recent advances in Bayesian regularisation can provide better and more interpretable estimates of the effects of price on sales for a large number of supermarket products.”

This is a link to more information on the Dick Wittink prize, including who he was and past winners: https://www.chicagobooth.edu/research/kilts/events/qme-conference/dick-w...