Jacob Patrick Chestnut
- Behavioral Economics and Decision Research
- Sustainable Business
- Services Operations Management
- Emerging Markets
- Behavioral Research
- Applied Economics
Jacob P. Chestnut is an Assistant Professor at the Cornell University School of Hotel Administration (SHA). Jacob joins the SHA faculty in July 2018, expecting to receive his PhD in Technology and Operations Management from the Ross School of Business at the University of Michigan, in December 2018. Jacob holds a BA (valedictorian) and MA (summa cum laude) in Mathematics from the University of California, Berkeley.
Jacob’s research falls broadly under the umbrella of socially sustainable operations. His work is informed by the observation that a firm who views social sustainability as an opportunity to innovate can sometimes “do well by doing good.” In such situations, the firm endogenously adopts a more social focus while improving profits or decreasing costs, creating a win-win situation for disparate stakeholders. In this way, social outcomes improve without external impetus (e.g. government intervention) or appealing to multiple conflicting objectives (e.g. non-monetary). Jacob solves such problems using a variety of methodologies including mechanism design, stochastic dominance, experimental design, and empirical estimation.
His work has been supported by the NSF and the Bill & Melinda Gates Foundation, and recognized as a best paper finalist by the College of Healthcare Operations Management of the Production and Operations Management Society (POMS). Jacob also has work published in the European Journal of Combinatorics and under review at Management Science.
Awards and Honors
- Finalist Best Paper Competition, College of Healthcare Operations Management (2017) Production and Operations Managmenet Society
- Rackham Merit Fellow (2017) University of Michigan
- Leabo Award for Excellence in Teaching (2016) Ross School of Business
- Chancellor's Mathematics PhD Fellow (2009) University of California
- HADM 2010 - Hospitality Quantitative Analysis
- PhD University of Michigan (Stephen M. Ross School of Business), 2019
- MA Berkeley, University of California, 2009
- BA Berkeley, University of California, 2007