The staff at Hubbard Decision Research, or HDR, has a unique and strong background in not only the Applied Information Economics method, but financial analysis, consultation, research, and more. The staff at HDR combine their experiences, education, and know-how to help your organization gain answers you never knew could be determined. Contact HDR today and let our staff help you drive results through our in-depth financial analysis and educational resources on Applied Information Economics.
Douglas W. Hubbard
Douglas Hubbard is the inventor of the Applied Information Economics (AIE) method and founder of Hubbard Decision Research (HDR). He is the author of How to Measure Anything: Finding the Value of Intangibles in Business, The Failure of Risk Management: Why It’s Broken and How to Fix It, Pulse: The New Science of Harnessing Internet Buzz to Track Threats and Opportunities and his latest book, How to Measure Anything in Cybersecurity Risk (Wiley, 2016). He has sold over 100,000 copies of his books in eight different languages. Two of his books are required reading for the Society of Actuaries exam prep. In addition to his books, Mr. Hubbard has been published in several periodicals including Nature, The IBM Journal of Research and Development, OR/MS Today, Analytics, CIO, Information Week, and Architecture Boston.
Mr. Hubbard’s career has focused on the application of AIE to solve current business issues facing today’s corporations. Mr. Hubbard has completed over 100 risk/return analyses of large, critical projects, investments and other management decisions in the last 20 years. AIE is the practical application of several fields of quantitative analysis including Bayesian analysis, Monte Carlo simulations, and many others. Mr. Hubbard’s consulting experience totals over 29 years and spans many industries including insurance, financial services, pharmaceutical, healthcare, utilities, energy, federal and state government, entertainment media, military logistics, and manufacturing. His AIE methodology, has received critical praise from The Gartner Group, The Giga Information Group, and Forrester Research. He is a popular speaker at valuation, risk, metrics and decision analysis conferences all over the world.
Director of Consulting Operations (DCO)
After receiving his undergraduate degree in Mathematics from Harvey Mudd College, Philip spent over a decade as a software engineer before returning to school to continue his academic pursuits. He later received an M.S. and Ph.D. in Decision Analysis from Stanford University. Philip spent his time in Stanford’s Management Science and Engineering department studying under Ron Howard, one of the creators of Decision Analysis. Philip’s academic career and research covered many areas including Mathematics, Probability, Optimization, Game Theory, and Ethics. He developed and taught one of the department’s Probability courses and received a Teaching Award from the Stanford Center for Professional Development.
Philip has spent most of his professional career in the software engineering industry, both as an engineer and in recent years, a program manager. He has worked for Raytheon as a software engineer, and with companies such as Blue Origin and Collins Aerospace as a program manager. Most of this work in recent years has been with avionics software companies working on testing and verification of their software to be in compliance with the FAA’s safety standards. In addition to program management, Philip has been responsible for developing new training methodologies and tools for engineers, as well as providing risk analysis assessments for projects and proposals.
Philip’s academic research focused on small, repeated decisions and strategy optimization. With the application of Decision Analysis to areas where decisions are frequently made but not analyzed with extensive rigor, the thought was to identify areas where models and mathematics may suggest certain actions, but those actions are not observed in actual human behavior. This attempt to align the math and optimizations to how people actually behave ultimately led to his dissertation, titled: Habit Analysis: Using Decision Analysis to Take Control of Habits. People still don’t always do what the models suggest they should, but in some cases we can identify why that is the case.
Director of Product Management
Jonathan Murphy is the Director of Product Management for Hubbard Decision Research (HDR). Under this role, he is managing and continually improving the AIE Academy, VIP Subscriber Library, and Calibration/FrankenSME Portal. He is also leading the charge on development of new training, spreadsheet templates, and web-based tools.
In his previous role as Director of Consulting Operations, Jonathan became a skilled practitioner of Applied Information Economics, with expertise in applying methods such as Monte Carlo simulation, Bayesian analysis, modern portfolio theory, and many others. He utilized his knowledge of applied mathematics, probability, and economics to solve a variety of decision and measurement problems, including:
- Measuring cybersecurity risk and computing “return on controls” for firms in technology services, financial services, entertainment, insurance, retail, and healthcare
- Optimizing portfolios in areas such as biotechnology products and aerospace/defense R&D
- Performing major risk/return analyses for investments in cybersecurity, technology services, and financial services
Prior to joining HDR, Jonathan developed his quantitative analysis and project management skills during several quantitative research projects in areas like computational chemistry, bioinformatics, and corrosion science. He also led an effort to research quantitative risk management methods for information security applications in a major financial services company. Jonathan holds B.S. and M.S. degrees in mathematics and a graduate certificate in information security and privacy from the University of North Carolina at Charlotte.
Sr. Quantitative Analyst
Andrew Adams is a new analyst at Hubbard Decision Research specializing in information science and applied statistics. He is an experienced data scientist who has previously worked with IBM and the BC Centre for Excellence in HIV/AIDS on using machine learning and personalized medicine approaches for reducing the disease burden of HIV-1 infected patients. Andrew also developed a great deal of experience working with high performance computing resources and Monte Carlo simulations with the machinery and members of the Western Canadian Research Grid. Through this work Andrew has developed a passion for handling, developing, and applying approaches to accurately model large data sets.
Andrew started his academic career at McGill University completing his Bachelor of Commerce before moving to pursue an education in a higher level of mathematics. While completing his MSc. in applied mathematics, Andrew developed an interest in combining rigorous probability and dynamical systems to model real world problems in the biomedical and health care fields. Along with the Complex Systems Modeling Group at Simon Fraser University Andrew was able to apply these skills to modeling work place efficiency in the BC criminal justice system as well as model the spread and possible interventions that could be done on Vancouver’s HIV epidemic.
After finishing his degree and internship Andrew has worked on developing Python code to automate ordering and pricing for small businesses to streamline their workload and data collection. He enjoys working with and learning from people in all academic fields as well as teaching and helping people to understand how mathematics and statistics can improve and inform many workplace decisions. Andrew is excited to join the HDR team and continue to help businesses get more out of their information.
Robert Weant is a Quantitative Analyst at Hubbard Decision Research (HDR) who has quickly become a skilled practitioner of Applied Information Economics (AIE). With expertise in developing specific algorithms and unique regression models, he has enhanced methods used by AIE and increased the effectiveness of Monte Carlo simulations we build for our clients.
Prior to joining HDR, Robert graduated with an M.S. in Economics from the University of North Carolina Charlotte and an M.S.B.A. in Applied Finance from Copenhagen Business School located in Denmark. While pursuing higher education he worked in Business Intelligence and focused his academic efforts on quantitatively testing financial portfolios to optimize risk-adjusted returns. In addition to this, he also led a team of Economics students to successfully compete in a monetary policy competition hosted by the Federal Reserve to become one of the top 5 finalists in the country. Through both his work in academia and his career, he has developed a strong passion for handling data sets and applying statistical methods to them to enhance one’s comprehension of the world we live in.
Robert’s technical skills in Excel, Power BI, and Python have led him to skillfully streamline model deployment for our clients and automate workload. Having gained significant international experience from living in three countries (USA, Denmark, and China), he has developed the ability to effectively communicate with people regardless of their background and help them understand how quantitative methods can improve their decision-making.
Full Stack Developer and Jr. Quantitative Analyst
Adam Hubbell is a Full Stack Developer and Jr. Quantitative Analyst at Hubbard Decision Research. He brings experience building, scraping, and optimizing websites as well as designing databases and analyzing data. In this role, Adam builds web-based solutions to give our clients the best possible web experience with HDR consulting. This includes turning recommendations from designers into full-fledged websites and adding new features to our existing websites.
Before becoming part of the HDR team, Adam designed and implemented web-based solutions and analytical models in the health, retail, financial, and technology industries. Some notable projects include using NLP to determine if an email correspondence will turn into a sale, using machine learning to predict if a company is likely to move its headquarters, and building a web application to help emergency room staff determine dose size for seizing patients. Adam brings experience with a variety of backend frameworks such as Apache and Django, and frontend frameworks such as jQuery and Bootstrap CSS. He’s also well versed in various statistical and machine learning techniques such as neural networks, clustering, and multivariate regressions.
Adam has a B.S. in Computer Science from Western Michigan University and an M.S. in Data Science from Grand Valley State University. While working on his Master’s, Adam built out web scraping applications to streamline the car buying process and find good values on guitars, as well as a probability-based songwriting application, and an Android application to help the user manage their behavior and accountability.