Biography
Assistant 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.
Publications
Lichtendahl Jr., Kenneth C., Yael Grushka-Cockayne, and Robert L. Winkler, “Is It Better to Average Probabilities or Quantiles?,” fothcoming in Management Science.
Lichtendahl Jr., Kenneth C. and Samuel E. Bodily, “Multiplicative Utilities for Health and Consumption,” Decision Analysis, 9 (4), .
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.
Expertise
Decision Analysis
Bayesian Statistics
Probability Forecasting
Combining Forecasts
Multiattribute Utility Theory
Dynamic ProgrammingMBA Courses
Decision Analysis
Data Analysis and Optimization
Managerial Quantitative AnalysisCurrent Research
Jose, Victor Richmond R., Yael Grushka-Cockayne, and Kenneth C. Lichtendahl Jr., "Trimmed Opinion Pools and the Crowd's Calibration Problem," minor revision at Management Science.
Lichtendahl Jr., Kenneth C., Yael Grushka-Cockayne, and Phillip E. Pfeifer, “The Wisdom of the Competitive Crowd,” major revision at Operations Research.
Raul O. Chao, Lichtendahl Jr., Kenneth C., and Yael Grushka-Cockayne, “Incentives for Complex R&D Projects,” major revision at Production and Operations Management.
Lichtendahl Jr., Kenneth C. and Yael Grushka-Cockayne, “Perceived Repeated Risk and the Allais Paradox,” major revision at Theory and Decision.
Teaching Materials
Gupta, R., Kenneth. C. Lichtendahl Jr.,
Yael Grushka-Cockayne. Ocean’s Dilemma. Case study and Teaching Note,
UVA-QA-0789, 2012.
Lichtendahl Jr., Kenneth C. and Yael
Grushka-Cockayne, “Ballis’s Benchmark,” Case Study and Teaching Note,
UVA-QA-1621, 2010.
Lichtendahl Jr., Kenneth C. and Yael
Grushka-Cockayne, “Forecasting Engine,” On-line Forecasting Exercise, 2010.
Lichtendahl Jr., Kenneth C. and Yael
Grushka-Cockayne, “PriceMax,” Case Study and Teaching Note, UVA-QA-0748, 2010.
Lichtendahl Jr., Kenneth C. and Michel
Schlosser, “Skanska USA Building,” Case Study, UVA-QA-0735, 2009.
Lipson, Marc, Samuel E. Bodily, and Kenneth
C. Lichtendahl Jr., “Kelly Solar,” Case Study and Teaching Note, UVA-F-1606,
2009.
Lichtendahl Jr., Kenneth C., “Evaluating
and Eliciting Expert Opinion,” Technical Note, UVA-QA-0734, 2009.
Lichtendahl Jr., Kenneth C., Samuel E.
Bodily, and Robert T. Clemen, “SnackChips in China,” Case Study and Teaching
Note, UVA-QA-0698, 2008.
Lichtendahl Jr., Kenneth C. and Samuel E.
Bodily, “Airbus and Boeing: Superjumbo Decisions,” Case Study and Teaching
Note, UVA-QA-0720, 2008.