Jacob Patrick Chestnut

Jacob Patrick Chestnut

  • Assistant Professor

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Interdisciplinary Theme

Faculty Expertise

  • Sustainable Business
  • Services Operations Management
  • Emerging Markets
  • Healthcare
  • Behavioral Research
  • Applied Economics
  • Food and Beverage Management

Contact

Cornell Peter and Stephanie Nolan School of Hotel Administration

607.255.8396

jpc355@cornell.edu

Cornell Directory Entry

Biography

Jacob P. Chestnut is an Assistant Professor at the Cornell University School of Hotel Administration (SHA). Jacob joined the Nolan (nee SHA) faculty in July 2018, receiving his PhD in Technology and Operations Management from the Ross School of Business at the University of Michigan. 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. Recently, Jacob has been investigating problems related to social sustainability in agricultural value chains, with a particular focus on coffee value chains. This work forms the basis of Jacob's popular course, The Business of Coffee: From Farm to Cup.

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.

Selected Publications

Awards and Honors

  • Finalist Best Paper Competition, College of Healthcare Operations Management (2017) Production and Operations Management Society
  • Leabo Award for Excellence in Teaching (2016) Ross School of Business

Recent Courses

  • AEM 3100 - Business Statistics
  • HADM 2011 - Hospitality Quantitative Analysis
  • HADM 2010 - Hospitality Quantitative Analysis
  • HADM 4385/HADM 6385 - The Business of Coffee: From Farm to Cup

Academic Degrees

  • PhD Ross School of Business, University of Michigan, 2019
  • MA University of California, Berkeley, 2009
  • BA University of California, Berkeley, 2007