Stephen G. Powell

Professor of Business Administration


DegreePhD, Stanford University, 1983; MS, Stanford University, 1976; AB, Oberlin College, 1971

AREAS OF EXPERTISEManagement science, operations management, business modeling and simulation

Current Research Topics

  • Application of management science modeling to business and public decision making
  • Design of production lines and business processes
  • Advertising and promotion strategies
  • Inventory policy
  • Natural resource modeling

Selected Publications

  • With T. Willemain, “How Novices Formulate Models Part II: A Quantitative Description of Behavior,” Journal of the Operational Research Society, 58, 2007
  • With K. Baker, B. Lawson, and L. Foster-Johnson, "A Comparison of Spreadsheet Users with Different Levels of Experience," Omega 37, 2009
  • With K. Baker and B. Lawson, “A Critical Review of the Literature on Spreadsheet Errors,” Decision Support Systems, 46, 2008
  • With K. Baker and B. Lawson, “An Auditing Protocol for Spreadsheet Models,” Information and Management, 45(5), 2008
  • With K. Baker and B. Lawson, “Errors in Operational Spreadsheets,” Journal of End User and Organizational Computing, 21(3), July-September 2009
  • With K. Baker and B. Lawson, “Impacts of Errors in Operational Spreadsheets,” Decision Support Systems, 47(2), 2009
  • “Pricing Early-Exercise Options using Genetic Optimization,” Journal of Derivatives, Spring 2013
  • With A. Chatterjee, N. Krishnan, M. Van Vliet, J. Rosen, and E. Ridgway, “A Comparison of Free Autologous Breast Reconstruction with and without the use of Laser-assisted Indocyanine Green Angiography: A Cost Effectiveness Analysis,” forthcoming, Plastic and Reconstructive Surgery, May 2013
  • With A. Chatterjee, M.D., N. Krishnan, M. Van Vliet, J. Rosen, and J. Nigriny. “A Comparison of Acellular Dermal Matrix to Autologous Dermal Flaps in Single-Stage, Implant-based Immediate Breast Reconstruction: A Cost Effectiveness Analysis,” Forthcoming, Plastic and Reconstructive Surgery, May 2013
  • With N. Krishnan, A. Chatterjee, K.M. Rosenkranz, J.F. Nigriny, and D.C. Vidal, “The Cost Effectiveness of Acellular Dermal Matrix in Expander-Implant Immediate Breast Reconstruction,” British Journal of Plastic Surgery, forthcoming

Working Papers

  • With N. Krishnan, “How Precise are Estimates of the Minimally Important Clinical Difference?” 2014
  • With T. Willemain and J. Layton, “The Performance of Novice Data Analysts on an Open-Ended Problem,” 2013
  • With E. Talbot, K. Allen, J. Bayona, L. Adams, “Cost-Effectiveness Analysis of a New Tuberculosis Diagnostic Algorithm,” 2012


  • Award for the Teaching of OR/MS Practice, Institute for Operations Research and Management Sciences (INFORMS), 2001

Professional Activities

Academic positions

  • Tuck School of Business, 1987–present
  • Faculty Affiliate, Glassmeyer/McNamee Center for Digital Strategies, Tuck School, 2001–present
  • Academic Director, INFORMS Workshop on Teaching of Management Science

Nonacademic positions

  • Senior Management Science Analyst, Merrill Lynch, 1986–87
  • Senior Operations Research Analyst, RCA, 1985–86
  • Senior Strategic Analyst, Wang Laboratories, 1983–85