Professor Preckel researches and teaches in the areas of decision analysis and mathematical modeling. He has had extensive experience in developing applications and methods over a wide range of subject matter areas. His current areas of interest are focused on: energy modeling, assessment of the effects of policy across an economy's income spectrum, supply chain management, modeling imperfectly competitive markets, and methods and applications for optimization and numerical integration. He became the Faculty Director of Indiana’s State Utility Forecasting Group in February 2007.
Professor Preckel's recent publications include: “Information Visibility and Its Impact in a Supply Chain,” Operations Research Letters, 44(2016):74-79; “An Empirical Analysis of the Effect of Crop Insurance on Farmers’ Income: Results from Inner Mongolia in China,” China Agricultural Economics Review, (in press, 2016); “Demand for Improved Fish Feed in the Presence of a Subsidy: A Double-Hurdle Application in Kenya,” Agricultural Economics, (in press 2016); “An Assessment of Alternative Carbon Mitigation Policies for Achieving the Emission Reduction of the Clean Power Plan: Case Study for the State of Indiana,” Energy Policy, 9(2016):661-672. He has served as a consultant to Control Analysis Corporation, Electric Power Research Institute, Hudson Institute, Land O’ Lakes, U.S. Agency for International Development, University of Delaware, the World Bank, Chemonics International and USAID.