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Bracketology isn't just for March Madness. It can save lives, save money and solve problems
In a new editorial, Sheldon Jacobson, INFORMS member and professor at the University of Illinois at Urbana-Champaign, discusses how the sophisticated mathematical modeling that is used to increase the odds of having a perfect – or even good – basketball bracket is the same technique used to solve the most complex challenges in both industry and government.