Jack Hershey, PhD is Anheuser-Busch Professor Emeritus at the Wharton School. He has chaired the Decision Sciences Department and the Operations and Information Management Department at Wharton. He was director of Wharton’s Health Care Management Program and is a Senior Fellow at the Leonard Davis Institute of Health Economics, where he served as Director of Research and Acting Executive Director.
Dr. Hershey’s research centers on normative and behavioral aspects of decision making, with special emphasis on health care and insurance decision making, and operations research applications to the service sector. His related consulting has been with a wide variety of firms and public agencies, including Merck, IBM, Wyeth, Bristol-Myers Squibb, Hewlett-Packard, Ernst & Young, Johnson & Johnson, and the U.S. Senate Committee on Labor and Human Resources. He is author or co-author of over 100 scholarly publications, and has received over 30 research grants. His articles have appeared in Management Science, Operations Research, the Journal of Risk and Uncertainty, Risk Analysis, Organizational Behavior and Human Decision Processes, the Journal of Risk and Insurance, Sloan Management Review, Medical Decision Making, and elsewhere. He has served on the editorial board of four journals and Wharton Publishing. He received the Distinguished Lifetime Service Award from the Society for Medical Decision Making.
Before joining Wharton, Dr. Hershey was on the faculties of the Stanford Business School and Medical School, where he directed the Health Care Administration Program, and he served as a Congressional Fellow in the U.S. Congress.
Dr. Hershey holds an MS and PhD from Stanford University and a BS from Carnegie-Mellon University.
He teaches courses in management science, operations management, service operations, behavioral decision research, decision models, research methods, and negotiations. He has received the Helen Kardon Moss Anvil Award for Excellence in Teaching, the Graduate Division Award for the Highest Teaching Evaluation, the Graduate Division Excellence in Teaching Award, the MBA Core Teaching Award, the MBA for Executives Teaching Award, the MBA for Executives Favorite Course Award, and the Undergraduate Excellence in Teaching Award.