News & Events

Dec 01, 2016
World Class Faculty & Research
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A 500-rupee banknote. What's it like when 86 percent of the banknotes in circulation in a country are rendered worthless overnight? That's what India has been finding out. On the evening of Nov. 9, Indian Prime Minister Narendra Modi announced that, by morning, all 500 and 1,000 rupee notes would no longer be legal tender. The controversial move has sparked protests and criticism of a change too sudden and...

Nov 22, 2016
World Class Faculty & Research
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United Airlines is the latest major U.S. airline to unveil a new price point for budget travelers – basic economy – a flight with so few perks its critics have dubbed it the "misery class." You’ll pay a reduced fare – basic economy is aimed at helping United steal back share from low-cost competitors – but, in exchange, you’ll be the last passengers to board, you’ll agree to whatever automated seat assignment you’...

Nov 11, 2016
World Class Faculty & Research
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Launched this fall, the University of Maryland Research Data Center (UMDRDC) is the newest facility of the national Federal Statistical Research Data Centers (FSRDC) network. A Grand Opening Ceremony will be held on Nov. 18, 2016, at the University of Maryland’s College Park campus.

Nov 10, 2016
World Class Faculty & Research
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To what extent will president-elect Donald Trump and Congress deliver on a campaign pledge to rebuild U.S. infrastructure? Smith School professor Peter Morici told BBC News on Wednesday that tightening certain entitlement programs could offset long-term projects like improving the passenger railway system. Trump in his presidential election acceptance speech pledged to fix U.S. inner cities and rebuild highways...

Nov 09, 2016
Experiential / Reality-based Learning
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Smith School students had the opportunity to take a field trip unlike any other when they visited the Under Armour Distribution Center and Total Distribution Services Inc. (TDSI), a CSX subsidiary, on Oct. 7, 2016.

Nov 01, 2016
World Class Faculty & Research
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Professors at the University of Maryland's Robert H. Smith School of Business placed No. 1 in the world for "faculty quality" in The Economist's 2016 full-time MBA rankings, marking the third consecutive year atop the category. Prior to the current run, the school finished No. 2 for faculty quality in 2013. Overall, the Smith School finished No. 47 globally and No. 32 in the United States in the latest rankings, released Oct. 13.

Oct 19, 2016
World Class Faculty & Research
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Air passengers are poised for improved baggage handling as a result of a broader set of forthcoming rule changes from the U.S. Department of Transportation. Smith School professor Martin Dresner says the new rules won't significantly hurt airlines, which already do a pretty good job of delivering bags reliably and on time. He says one possible winner might be Southwest Airlines....

Oct 10, 2016
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Contracts help human beings do what at times seems impossible. They help us cooperate and trust each other. It’s not that we fundamentally don’t trust one another. It’s just that trust is a freer-flowing currency when agreements are backed by a contract. And that’s why contract theory became the premise for the 2016 Nobel prize for economics on Monday. Smith School professors Kislaya Prasad and ...

Sep 22, 2016
World Class Faculty & Research
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Retweets aren't necessarily endorsements, and they definitely aren’t votes. So what can Twitter tell us about the 2016 presidential election? Maybe more than you think, new research from the University of Maryland suggests. For starters, Republican nominee Donald Trump is winning — at Twitter anyway — over Democratic rival Hillary Clinton. The authors of a working paper focused on presidential campaign media coverage and...

Sep 13, 2016
World Class Faculty & Research
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Southwest Airlines eschews online travel agencies. But a trio of U.S. senators is pushing for a forced marriage of sorts between the industries in the name of consumer protection. The lawmakers recently issued a news release urging pressure on airlines to share fares and fees with online travel agencies. Smith School professors Martin Dresner and P.K. Kannan share insights....

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