Faculty & Research

Kenneth C. Lichtendahl Jr.

Kenneth C. Lichtendahl Jr., Associate Professor of Business Administration

  • AB, Princeton University; MBA, University of Virginia; MS, Stanford University; PhD, Duke University
Office: FOB 131
Phone: +1-434-924-7708
E-mail: LichtendahlC@darden.virginia.edu


Associate Professor Casey Lichtendahl teaches Quantitative Analysis courses in Darden’s MBA and Executive Education programs. His research focuses on eliciting, evaluating, and combining probability forecasts and modeling consumption preferences. His work has appeared in leading academic journals such as Management Science and Operations Research. He serves as an Associate Editor for Management Science and Decision Analysis.

Several of his research papers received publication awards from the Institute for Management Science and Operations Research (INFORMS). Lichtendahl was nominated for Darden’s Outstanding Faculty Award in 2009, 2010, 2011, and 2012. In 2009, he received the University of Virginia’s Mead-Colley Award.

Prior to joining Darden in 2006, Lichtendahl served as a visiting instructor in the economics department at Duke University while in his PhD program at Duke University’s Fuqua School of Business. He began his professional career in the beverage industry. In the 1990s, he co-founded the Tradewinds Beverage Company. In 2011, the company was acquired by Nestlé Waters North America.



Jose, Victor Richmond R., Yael Grushka-Cockayne, and Kenneth C. Lichtendahl Jr. 2013. "Trimmed Opinion Pools and the Crowd's Calibration Problem," Management Science, 60 (2), 463-475.

Raul O. Chao, Lichtendahl Jr., Kenneth C., and Yael Grushka-Cockayne. 2013. “Incentives in a Stage-Gate Process,” Production and Operations Management, 23 (8), 1286-1298. 

Lichtendahl Jr., Kenneth C., Yael Grushka-Cockayne, and Phillip E. Pfeifer. 2013. “The Wisdom of the Competitive Crowds,” Operations Research, forthcoming.

Lichtendahl Jr., Kenneth C., Yael Grushka-Cockayne, and Robert L. Winkler. 2013. “Is It Better to Average Probabilities or Quantiles?Management Science, 59 (7), 1594-1611.

Lichtendahl Jr., Kenneth C. and Samuel E. Bodily. 2012. “Multiplicative Utilities for Health and Consumption,” Decision Analysis, 9 (4), 314-328.

Lichtendahl Jr., Kenneth C., Raul O. Chao, and Samuel E. Bodily. 2012. “Habit Formation From Correlation Aversion,” Operations Research, 60 (3), 625-637.

Lichtendahl Jr., Kenneth C. and Samuel E. Bodily. 2010. “Preferences for Consumption Streams: Scale Invariance, Correlation Aversion, and Delay Aversion under Mortality Risk,” Operations Research, 58 (4), 985-997.

Lichtendahl Jr., Kenneth C. 2009. “Random Quantiles of the Dirichlet Process,” Statistics and Probability Letters, 79 (4), 501-507.  

Lichtendahl Jr., Kenneth C. and Robert L. Winkler. 2007. “Probability Elicitation, Scoring Rules, and Competition Among Forecasters,” Management Science, 53 (11), 1745-1755.


Decision Analysis
Bayesian Statistics
Probability Forecasting
Combining Forecasts
Multiattribute Utility Theory
Dynamic Programming

MBA Courses

Decision Analysis
Data Analysis and Optimization
Data Science in Business
Managerial Quantitative Analysis

Current Research

Working Paper

Grushka-Cockayne, Yael, Victor Richmond R., Jose, and Kenneth C. Lichtendahl Jr., “Ensembles of Overfit and Overconfident Forecasts,” Revise and Resubmit from Management Science, available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2474438 

R Package

 Grushka-Cockayne, Yael, Victor Richmond,  R. Jose, and Kenneth C. Lichtendahl Jr., and Huanghui Zeng (2014), “trimTrees,” http://cran.r-project.org/web/packages/trimTrees/index.html