Faculty & Research

Kenneth C. Lichtendahl Jr.

Kenneth C. Lichtendahl Jr., Assistant 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

More Information

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 Programming

MBA Courses

Decision Analysis
Data Analysis and Optimization
Managerial Quantitative Analysis

Current 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.