J. EricBickel

UT PGE Professor J. Eric Bickel
Professor

Research Areas
Research Interests

Valuing seismic information; Optimal development plans in unconventional reservoirs; Optimal sequencing of exploration wells

About

J. Eric Bickel is a professor in the Walker Department of Mechanical Engineering and holds a courtesy appointment in the Hildebrand Department of Petroleum and Geosystems Engineering.

Bickel’s research interests include the theory and practice of decision analysis. His work has addressed the modeling of probabilistic dependence, value of information, scoring rules, calibration, risk preference, decision education, decision making in sports and climate engineering as a response to climate change. His research has been covered in The Wall Street Journal, The New York Times, The Financial Times, Sports Illustrated and the MLB Network, to name a few. In addition, Bickel and his research were featured in the documentary Cool It. His research into climate engineering was named as the top approach to address climate change by a panel of economists, including four Nobel Laureates.

Prior to returning to academia, Bickel was a senior engagement manager and co-director of client education for Strategic Decisions Group, where he remains on the Board of Directors. He has consulted around the world in a range of industries, including oil and gas, electricity generation/transmission/delivery, energy trading and marketing, commodity and specialty chemicals, life sciences, financial services, and metals and mining.

Bickel is past-president of the Decision Analysis Society and is a fellow of the Society of Decision Professionals. He holds an M.S. and Ph.D. from the Department of Engineering-Economic Systems at Stanford University and a B.S. in Mechanical Engineering, with a minor in Economics, from New Mexico State University.

Educational Qualifications

Ph.D., Engineering-Economic Systems, Stanford University, 1999
M.S., Engineering-Economic Systems, Stanford University, 1994
B.S., Mechanical Engineering, New Mexico State University, 1993

Select Awards and Honors

  • Outstanding Technical Editor – Society of Petroleum Engineers (2011)
  • Society of Decision Professionals fellow (2011)
  • CAREER Award – National Science Foundation (2010)
  • INFORMS Decision Analysis Society Practice Award (2006)

Select Publications

Google Scholar Research Gate

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