MBA Courses

Biography

Assistant Professor Casey Lichtendahl teaches Quantitative Analysis courses in Darden’s MBA programs.  His research focuses on eliciting, evaluating, and combining probability forecasts for use in corporate and governmental decision-making situations.  His other research interests include modeling consumption preferences for use in personal financial decisions.  His work has appeared in leading academic journals such as Management Science and Operations Research.  He serves as an Associate Editor for the Institute of Operations Research and Management Sciences’ (INFORMS) journal Decision Analysis.

His research paper, “Probability Elicitation, Scoring Rules, and Competition among Forecasters,” which appeared in Management Science, received an honorable mention from the Decision Analysis Society for its 2007 Publication Award.  He was a runner-up in the 2010 INFORMS Case Competition.  Lichtendahl has been a nominee for Darden’s Outstanding Faculty Award in 2009, 2010, and 2011.  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.

Publications

Lichtendahl Jr., Kenneth C., Raul O. Chao, and Samuel E. Bodily (2011), “Habit Formation From Correlation Aversion,” forthcoming in Operations Research.

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.

OTHER PUBLICATIONS

Lichtendahl Jr., Kenneth C. (2010), “Bayesian Aggregation of Experts’ Forecasts,” Wiley Encyclopedia of Operations Research and Management Science. Published Online, January 14, 2010.

Laseter, Tim, Kenneth C. Lichtendahl Jr., and Yael Grushka-Cockayne (2010), “Cleaning the Crystal Ball,” Strategy + Business, May 2010.

Jose, Victor Richmond R., Kenneth C. Lichtendahl Jr., Robert F. Nau, and Robert L.Winkler (2007), “Objective Bayesian Analysis for the Multivariate Normal Model: Comment,” in J.M. Bernardo et al., eds., Bayesian Statistics 8, Oxford: Oxford University Press, 2007, 557-558.