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.