Eric Bickel


Dr. Eric Bickel is an SDG partner and member of the firm’s Board of Directors. Having worked with SDG since 1995, he previously co-led its executive education practice and was responsible for leading significant client engagements in the oil & gas industry, as well as the power industry.

Currently, Dr. Bickel serves as a tenured professor at the University of Texas at Austin (UT-Austin), where he is Director of the Graduate Program in Operations Research & Industrial Engineering. He also holds courtesy appointments in the Department of Petroleum and Geosystems Engineering and the Energy and Earth Resources graduate program. At UT-Austin, Dr. Bickel teaches courses and leads research in decision analysis and its application to major business and public policy decisions.

Outside of his work in academia, Dr. Bickel keeps SDG on the cutting edge of decision analysis, working with clients in oil & gas, power, and other industries on portfolio management, decision and risk analysis, and risk management. He has served as president of the Decision Analysis Society.

In 2014, Dr. Bickel was named an SDG Fellow, a title that distinguishes those whose extraordinary contributions to decision science and other analytic disciplines allow the firm to maintain its competitive advantage. It marked just the second time in the firm’s 40-year history that the title of SDG Fellow had been conferred.

Dr. Bickel has published dozens of research papers on a wide range of topics, including probabilistic modeling, value of information and portfolio decision analysis, discretization, utility theory, and climate policy. His research into climate engineering was selected as the top approach to address climate change by a panel of economists, including four Nobel Laureates. He holds a PhD and MS in engineering-economic systems from Stanford University and a BS in mechanical engineering with a minor in economics from New Mexico State University.