H. Dharma Kwon

Associate Professor of Business Administration and Robert and Karen May Faculty Fellow

Contact

191 Wohlers Hall

1206 S Sixth St

Champaign, IL 61820

Listings

Educational Background

Ph.D., Management, Operations Research, UCLA Anderson School of Management, University of California at Los Angeles, 2008
B.S., Magna Cum Laude, Physics, Korea Adv. Inst. of Science & Tech KAIST, 1991

Positions Held

Visiting Scholar, Northwestern University, 2018-2019
Associate Professor of Business Administration, University of Illinois at Urbana-Champaign, 2016 to present
Assistant Professor of Business Administration, University of Illinois at Urbana-Champaign, 2008-2016

Recent Publications

Kim, Y., & Kwon, H. Forthcoming. Investment in the Common Good: Free Rider Effect and the Stability of Mixed Strategy Equilibria. Operations Research. link >
Kwon, H. (2022). Game of Variable Contributions to the Common Good under Uncertainty. Operations Research, 70 (3), 1359–1370. link >
Georgiadis, G., Kim, Y., & Kwon, H. (2022). The Absence of Attrition in a War of Attrition under Complete Information. Games and Economic Behavior, 131 171-185. link >

Other Publications

Articles

Kwon, H., & Yoo, O. (2017). Retention of capable new employees under uncertainty: Impact of strategic interactions. IISE Transactions, 49 (10), 927-941. link >
Agrawal, A., Kim, Y., Kwon, H., & Muthulingam, S. (2016). Investment in Shared Suppliers: Effect of Learning, Spillover, and Competition. Production and Operations Management, 25 (4), 736-750. link >
Kwon, H., Xu, W., Agrawal, A., & Muthulingam, S. (2016). Impact of Bayesian Learning and Externalities on Strategic Investment. Management Science, 62 (2), 550 - 570. link >
Kwon, H., & Zhang, H. (2015). Game of Singular Stochastic Control and Strategic Exit. Mathematics of Operations Research, 40 (4), 869 - 887. link >
Kwon, H. (2014). Prevention of catastrophic failures with weak forewarning signals. Probability in the Engineering and Informational Sciences, 28 (1), 121–144. link >
Cho, W., Shaw, M., & Kwon, H. (2013). The effect of synergy enhancement on information technology portfolio selection. Information Technology and Management, 14 (2), 125-142. link >
Kwon, H., Lippman, S., & Tang, C. (2012). Optimal Markdown Pricing Strategy with Demand Learning. Probability in the Engineering and Informational Sciences, 26 (01), 77-104. link >
Kwon, H., Lippman, S., & Tang, C. (2011). Sourcing Decisions of Project Tasks with Exponential Completion Times: Impact on Operating Profits. International Journal of Production Economics, 134 (1), 138-150. link >
Kwon, H., & Lippman, S. (2011). Acquisition of Project-Specific Assets with Bayesian Updating. Operations Research, 59 (5), 1119–1130. link >
Kwon, H., Lippman, S., McCardle, K., & Tang, C. (2010). Project Management Contracts with Delayed Payments. Manufacturing & Service Operations Management, 12 (4), 692-707. link >
Kwon, H. (2010). Invest or Exit? Optimal Decisions in the Face of a Declining Profit Stream. Operations Research, 58 (3), 638-649. link >
Kwon, H., Lippman, S., & Tang, C. (2010). Optimal Time-Based and Cost-Based Coordinated Project Contracts with Unobservable Work Rates. International Journal of Production Economics, 126 247–254. link >
Kwon, H., Sengupta, K., & Yakovenko, V. (2004). Fractional ac Josephson effect in unconventional superconductors. Fizika Nizkikh Temperatur (Kharkov), 30 (7-8), 814-822. link >
Kwon, H., Sengupta, K., & Yakovenko, V. (2004). Fractional ac Josephson effect in p- and d-wave superconductors. European Physical Journal B, 37 (3), 349-361. link >
Kwon, H., & Yakovenko, V. (2002). Spontaneous formation of a p soliton in a superconducting wire with an odd number of electrons. Physical Review Letters, 89 (1), 170021-170024. link >
Sengupta, K., Kwon, H., & Yakovenko, V. (2002). Edge states and determination of pairing symmetry in superconducting Sr2RuO4. Physical Review B - Condensed Matter and Materials Physics, 65 (10), 1045041-1045046. link >
Kwon, H. (2001). Antiferromagnetic quantum phase transition in the quantum pseudogap phase of cuprates. Modern Physics Letters B, 15 (9-10), 277-284. link >
Kwon, H., Dorsey, A., & Hirschfeld, P. (2001). Observability of quantum phase fluctuations in cuprate superconductors. Physical Review Letters, 86 (17), 3875-3878. link >
Sengupta, K., Žutic, I., Kwon, H., Yakovenko, V., & Das Sarma, S. (2001). Midgap edge states and pairing symmetry of quasi-one-dimensional organic superconductors. Physical Review B - Condensed Matter and Materials Physics, 63 (14). link >
Kwon, H. (2001). Quantum vortex fluctuations in cuprate superconductors. Physical Review B - Condensed Matter and Materials Physics, 63 (13). link >
Sengupta, K., Kwon, H., & Yakovenko, V. (2001). Edge electron states for quasi-one-dimensional organic conductors in the magnetic-field-induced spin-density-wave phases. Physical Review Letters, 86 (6), 1094-1097. link >
Houghton, A., Kwon, H., & Marston, J. (2000). Multidimensional bosonization. Advances in Physics, 49 (2), 141-228. link >
Kwon, H. (1999). Order-parameter fluctuation effects in d-wave BCS superconductors. Physical Review B - Condensed Matter and Materials Physics, 59 (21), 13600-13603. link >
Kwon, H., & Dorsey, A. (1999). Effect of phase fluctuations on the single-particle properties of underdoped cuprates. Physical Review B - Condensed Matter and Materials Physics, 59 (9), 6438-6448. link >
Kwon, H. (1997). Kohn-Luttinger effect in nested fermion liquids. Physical Review B - Condensed Matter and Materials Physics, 55 (9), 5988-5997. link >
Kwon, H., Houghton, A., & Marston, J. (1995). Theory of fermion liquids. Physical Review B, 52 (11), 8002-8027. link >
Houghton, A., Kwon, H., Marston, J., & Shankar, R. (1994). Coulomb interaction and the Fermi liquid state: Solution by bosonization. Journal of Physics: Condensed Matter, 6 (26), 4909-4916. link >
Houghton, A., Kwon, H., & Marston, J. (1994). Stability and single-particle properties of bosonized Fermi liquids. Physical Review B, 50 (3), 1351-1362. link >
Kwon, H., Houghton, A., & Marston, J. (1994). Gauge interactions and bosonized fermion liquids. Physical Review Letters, 73 (2), 284-287. link >

Conference Proceedings

Wu, A., Kwon, H., & Kim, S. (2018). Reputation in repeated pay-to-bid auctions. Americas Conference on Information Systems 2018: Digital Disruption, AMCIS 2018. link >
Kwon, H., Yakovenko, V., & Sengupta, K. (2003). How to detect edge electron states in (TMTSF)2X and Sr2RuO4 experimentally. Synthetic Metals ( vol. 133-134, pp. 27-31). link >
Kwon, H., Sengupta, K., & Yakovenko, V. (2003). Theoretical Prediction of the Fractional ac Josephson Effect in p- and d-Wave Superconductors. Brazilian Journal of Physics ( 4 SPEC. ISS. ed vol. 33, pp. 653-658). link >

Presentations

Kim, Y., Kwon, H., Agrawal, A., & Muthulingam, S. (2015). Investment In Shared Supplier Under Spillover, Uncertainty, And Competition. INFORMS Annual Meeting.
Xu, W., Kwon, H., & Grahovac, J. (2015). The Impact of Spillover In R and D Competition. INFORMS Annual Meeting.
Xu, W., Kwon, H., Agrawal, A., & Muthulingam, S. (2015). Impact of Bayesian Learning and Externalities on Strategic Investment. INFORMS Annual Meeting.
Kim, Y., & Kwon, H. (2014). Stochastic Dynamic Game of Principal-Agent under Asymmetric Information with Unobservable Action. INFORMS Annual Meeting.
Kwon, H., & Lippman, S. (2014). Sequential Replacement under Incomplete Information and the Impact of Uncertainty in the Population Distribution. Advances in Decision Analysis.
Kwon, H., & Lippman, S. (2014). Sequential Replacement under Uncertainty in the Population Distribution. INFORMS Annual Meeting.
Kwon, H., & Lippman, S. (2014). Sequential Replacement under Uncertainty in the Population Distribution. SIAM Conference on Financial Mathematics and Engineering.
Kwon, H., & Zhang, H. (2013). Competitive Control of Market Goodwill and Strategic Exit. Joint Mathematics Meetings.
Sun, Z., Abbas, A., & Kwon, H. (2013). Continuous-time Risk-adjusted Martingales. INFORMS Annual Meeting.
Kwon, H. (2012). Optimal Stopping to Prevent a Catastrophic Event. INFORMS Annual Meeting.
Kwon, H. (2012). Risk-Sensitive Real Options Decisions. INFORMS Annual Meeting.
Kwon, H., & Yoo, O. (2012). Employee Retention Strategies of Entrepreneurial Firms under Uncertainty in Employee Capability. INFORMS Annual Meeting.
Kwon, H., & Zhang, H. (2012). Competitive Control of Market Goodwill and Strategic Exit. INFORMS Annual Meeting.
Kwon, H., Xu, W., Agrawal, A., & Muthulingam, S. (2012). Strategic Investment under Spillovers and Information Externalities. INFORMS Annual Meeting.
Kwon, H. (2012). Strategic Investment Under Complementarities and Information Externalities. University of Illinois IMSE.
Kwon, H. (2012). Preventing Rare Catastrophic Business Failure with Weak Forewarning Signals. International Workshop on Applied Probability.
Kwon, H., Agrawal, A., & Muthulingam, S. (2011). A game of investment in suppliers with spillover effects. International Workshop in Sequential Methodologies.
Kwon, H., Agrawal, A., & Muthulingam, S. (2011). A game of investment in suppliers with spillover effects. INFORMS Annual Meeting.
Kwon, H. (2010). Sequential Replacement Decisions under incomplete information. INFORMS Annual Meeting.
Kwon, H., & Lippman, S. (2010). Acquisition of Project-specific Assets with Bayesian Updating. INFORMS Annual Meeting.
Kwon, H., & Lippman, S. (2009). Acquisition of Project-Specific Assets with Bayesian Updating. University of Illinois at Urbana-Champaign.
Kwon, H. (2009). Invest or Exit? Optimal Decisions in the Face of a Declining Profit Stream. INFORMS Applied Probability Society Conference.
Kwon, H., & Lippman, S. (2009). Acquisition of Project-Specific Assets with Bayesian Updating. INFORMS Annual Meeting.
Kwon, H., & Lippman, S. (2009). Acquisition of Project-Specific Assets with Bayesian Updating. INFORMS International Meeting.
Kwon, H., Lippman, S., & Tang, C. (2008). Optimal Markdown Pricing Strategy with Demand Learning. INFORMS Annual Meeting.
Kwon, H. (2008). Invest or Exit? Optimal Decisions in the Face of a Declining Profit Stream. MSOM Conference.

Working Papers

Kwon, H., & Palczewski, J. Exit game with private information. link >
Kwon, H. Competitive Harvesting of a Renewable Common Resources: a Non-cooperative Stochastic Impulse Control Game. link >

Honors and Awards

Robert and Karen May Faculty Fellow, University of Illinois at Urbana-Champaign, 2018 to present
Excellent Teacher, University of Illinois at Urbana-Champaign, 2014-2018, 2019-2020, 2023-2023

Service

Associate Editor, Decision Analysis, 2020 to present
Associate Editor, Management Science, 2018 to present
Member of the Editorial Board, Decision Analysis, 2011 to present

Teaching Interests

Decision making under uncertainty

Research Interests

Game Theory: free-rider problems; stochastic dynamic games

Decision analysis and operations research: Bayesian sequential decisions; real options; stochastic dynamic games

Technology Management: technology adoption; R&D management

Current Courses

Operations Management (BADM 275) Operations Management is about developing, producing, and delivering goods and services that meet and exceed customer expectations. In this course, students will be introduced to decision making frameworks and techniques for effectively and efficiently managing operations through coordinated efforts across different organizations in a supply chain and across multiple areas within an organization. These multiple areas could be consumer analytics, research and development, finance, engineering, marketing, human resource management, sourcing, information systems, logistics, and accounting.
Decision Analytics (BADM 573) Introduction to analytical approaches to decision making using statistical, probabilistic, and quantitative methods based on data and judgment. This course focuses on understanding of the decision analytic framework and applying practical hands-on skills and tools to business decisions under uncertainty.