Overview
David Banks was the coordinating editor of the Journal of the American Statistical Association. He co-founded the journal Statistics and Public Policy and served as its editor. He co-founded the American Statistical Association's Section on National Defense and Homeland Security, and has chaired that section, as well as the sections on Risk Analysis and on Statistical Learning and Data Mining. In 2003 he led a research program on Data Mining at the Statistical and Applied Mathematical Sciences Institute; in 2008, he led a research program at the Isaac Newton Institute on Theory and Methods for Complex, High-Dimensional Data; in 2012, he led another SAMSI research program, on Computational Advertising. He has published 74 refereed articles, edited eight books, and written four monographs.
David Banks is past-president of the Classification Society, and has twice served on the Board of Directors of the American Statistical Association. He is currently the president of the International Society for Business and Industrial Statistics. He is a fellow of the American Statistical Association and of the Institute of Mathematical Statistics. He recently won the American Statistical Association's Founders Award.
His research areas include models for dynamic networks, dynamic text networks, adversarial risk analysis (i.e., Bayesian behavioral game theory), human rights statistics, agent-based models, forensics, and certain topics in high-dimensional data analysis.
Current Appointments & Affiliations
Recent Publications
Probability Distribution of Risk Priority Numbers in Failure Mode and Effects Analysis.
Journal Article Risk analysis : an official publication of the Society for Risk Analysis · December 2025 This study introduces a new probability model for the risk priority number (RPN) in Failure Mode and Effects Analysis (FMEA), addressing limitations of the traditional RPN calculation, which assumes independence among severity, occurrence, and detection sc ... Full text CiteTime-Varying Bayesian Network Meta-Analysis.
Journal Article Statistics in medicine · July 2025 The presence of methicillin-resistant Staphylococcus Aureus (MRSA) in complicated skin and soft structure infections (cSSSI) is associated with greater health risks and economic costs to patients. There is concern that MRSA is becoming resistant to other " ... Full text CiteForeword to the Special Issue on Data Science in Business and Industry
Journal Article Applied Stochastic Models in Business and Industry · May 1, 2025 Full text CiteRecent Grants
IUCRC Phase I Duke University: Center for Innovation in Risk-analysis for Climate Adaption and Decision-making (CIRCAD)
ResearchParticipating Faculty Member · Awarded by National Science Foundation · 2025 - 2030NRT-HDR: Harnessing AI for Autonomous Material Design
Inst. Training Prgm or CMECo-Principal Investigator · Awarded by National Science Foundation · 2020 - 2026Adversarial Risk Analysis for Optimal Obstacle Evasion
ResearchPrincipal Investigator · Awarded by Auburn University · 2022 - 2026View All Grants