Mihai Banciu

Mihai Banciu

Associate Dean of Faculty, Freeman College of Management
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About Mihai Banciu


  • PhD, Operations Research, University of Pittsburgh, 2009.
  • MBA, Business Administration, James Madison University, 2002.
  • BBA, Management Science & Marketing, Romanian-American University, 1999.

Faculty Research Interests

  • Revenue management and pricing
  • Discrete optimization
  • Healthcare operations

Recent and Representative Publications

Banciu, M. M., Ødegaard, F., Stanciu, C. A., (2022) Price and Revenue Bounds for Bundles of Information Goods. Naval Research Logistics. 69(3), 371-389. https://doi.org/10.1002/nav.22018

Stanciu, C. A., Banciu, M. M., Sadighi, A., Marshall, K., Holland, N., Abedi, V., Zand, R., (2020) A Predictive Analytics Model for Differentiating Between Transient Ischemic Attacks (TIA) and its mimics. BMC Medical Informatics and Decision Making. 20(1), 112. http://doi.org/10.1186/s12911-020-01154-6

Sadighi, A., Stanciu, C. A., Banciu, M. M., Abedi, V., El Andary, N., Holland, N., Zand, R., (2019) Rate and Associated Factors of Transient Ischemic Attack Misdiagnosis. eNeurologicalSci. 15, 100193. www.sciencedirect.com/science/article/pii/S2405650219300176

Banciu, M. M., Odegaard, F., Stanciu, C. A., (2019) Distribution-free Bounds for the Expected Marginal Seat Revenue Heuristic with Dependent Demands. Journal of Revenue and Pricing Management. 18(2), 155-163. https://link.springer.com/article/10.1057/s41272-018-00170-6

Sadighi, A., Stanciu, C. A., Banciu, M. M., Abedi, V., El Andary, N., Holland, N., Zand, R., (2019) Six-Month Outcome of Transient Ischemic Attack and its Mimics. Frontiers in Neurology. 10, 294. www.frontiersin.org/articles/10.3389/fneur.2019.00294/full

Banciu, M. M., Ødegaard, F., (2016) Optimal product bundling with dependent valuations: The price of independence. European Journal of Operational Research. 255(2), 481–495. https://doi.org/10.1016/j.ejor.2016.05.022

Banciu, M. M., Balakrishnan, A., Glowacka, K., Mirchandani, P., (2013) Hierarchical Approach for Survivable Network Design. European Journal of Operational Research. 225(2), 223-235.

Banciu, M. M., Mirchandani, P., (2013) New Results Concerning Probability Distributions with Increasing Generalized Failure Rates. Operations Research. 61(4), 925-931.

Banciu, M. M., Gal-Or, E., Mirchandani, P., (2010) Bundling Strategies When Products Are Vertically Differentiated and Capacities Are Limited. Management Science. 56(12), 2207-2223.

Recent Courses Taught

  • ANOP 390, Honors Course in ANOP.
  • ACFM 340, Busi Analytics & Fin Modeling.

Awards and Honors

  • University Fellow, Bucknell University, (2017).
  • Excellence in Teaching Award, The Joseph M. Katz Graduate School of Business, University of Pittsburgh, (2006).

Further Information

Contact Details


117B Holmes Hall