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 focus on: energy modeling, electricity market structure and
performance, 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; “Demand for
Improved Fish Feed in the Presence of a Subsidy: A Double-Hurdle Application in
Kenya,” Agricultural Economics, 47(2016):1-11; “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. “Optimal Replacement Policies for an Uncertain Rejuvenated
Asset,” International Journal of Production Economics,185(2017):212-33.
“Multi-objective Optimization of Lane and Shoulder Widths at Rural Two-Lane
Highways,” under revision after revise and resubmit decision from
Transportmetrica A: Transport Science, 2017:1-28. 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, World Bank, Chemonics
International, USAID, U.S. Department of Agriculture, and the Natural Heritage
Institute.