---

Education

BS Mathematics - Bringham Young University 1998
MS Statistics - Duke University 2001
Ph.D. Statistics - Duke University 2003

Areas of Expertise

Statistics

Bayesian Statistics

Higher Moment Estimation

Markov Chain Monte Carlo

Selected Works

Articles

Liechty, Merrill and Tibbits, Matthew . "Multivariate Sufficient Statistics Using Kronecker Products" Statistics and Computing 20.3 (Jul 2010):335-341

Liechty, Merrill and Lu, Jingjing . "Multivariate Normal Slice Sampling" JOURNAL OF COMPUTATIONAL AND GRAPHICAL STATISTICS 19.2 (Jun 2010):281-294

Liechty, Merrill , Liechty, John C and Harvey, Campbell R. "Portfolio Selection with Higher Moments" QUANTITATIVE FINANCE 10.5 (May 2010):469-485

Liechty, Merrill , Liechty, John C and Mueller, Peter . "The Shadow Prior" JOURNAL OF COMPUTATIONAL AND GRAPHICAL STATISTICS 18.2 (2009)368–383

Liechty, Merrill , Harvey, Campbell R and Liechty, John C. "Bayes vs. Resampling: A Rematch" JOURNAL OF INVESTMENT MANAGEMENT 6.1 (Mar 2008):29-45

Liechty, Merrill , Liechty, John C and Mueller, Peter . "Bayesian Correlation Estimation" BIOMETRIKA 91.1 (Mar 2004):1-14

Chapters

Liechty, Merrill , Liechty, John C and Harvey, Campbell R. "Parameter Uncertainty and Asset Allocation" The [Oxford] Handbook of Quantitative Asset Management Ed. Scherer, B., and Winston, K. Oxford:Oxford University Press, .

Liechty, Merrill . "MCMC for Constrained Parameter and Sample Spaces" Frontier of Statistical Decision Making and Bayesian Analysis Ed. . New York:Springer, .

Presentations

Liechty, Merrill , Liechty, John C, Lopes, Hedibert and Harvey, Campbell R. Bayesian Grouped Factor Models Decision Sciences Institute 2009 : New Orleans, LA

Liechty, Merrill . Revealed Preferences: Does Skewness Matter? MCMSki 3 - Fourth International IMS/ISBA Joint Meeting : Park City, UT Jan 2011

Liechty, Merrill , Harvey, Campbell R, Liechty, John C and Lopes, Hedibert . Bayesian Grouped Factor Models Epidemiology and Biostatistics seminar at Drexel University : Philadelphia, PA Dec 2010

Liechty, Merrill , Harvey, Campbell R, Liechty, John C and Lopes, Hedibert . Bayesian Grouped Factor Models Statistics Seminar at George Washington University : Washington, DC Oct 2010

Liechty, Merrill , Liechty, John C, Lopes, Hedibert and Harvey, Campbell R. Bayesian Grouped Factor Models Frontiers of Statistical Decision Making and Bayesian Analysis : San Antonio, TX Mar 2010

Liechty, Merrill , Liechty, John C, Lopes, Hedibert and Harvey, Campbell R. Bayesian Grouped Factor Models Statistics Seminar at Pennsylvania State University : State College, PA Mar 2009

Liechty, Merrill , Liechty, John C, Lopes, Hedibert and Harvey, Campbell R. Bayesian Grouped Factor Models Statistics Seminar at University of Chicago : Chicago, IL Mar 2009

Liechty, Merrill and Lu, Jingjing . Multivariate Normal Slice Sampling International Society for Bayesian Analysis: 9th World Meeting : Hamilton Island, Queensland, AU Jul 2008

Harvey, Campbell R, Liechty, John C, Liechty, Merrill and Muller, Peter . Portfolio Selection with Higher Moments: A Bayesian Decision Theoretic Approach Statistics Seminar at the Fox School of Business, Temple University : Philadelphia, PA Nov 2006

Harvey, Campbell R, Liechty, John C, Liechty, Merrill and Muller, Peter . Portfolio Selection with Higher Moments Eighth Annual Financial Econometrics Conference : Waterloo, Onatria, Canada, Mar 2006

Liechty, John , Liechty, Merrill and Muller, Peter . Bayesian Correlation Estimation and Applications - Grouped Factor Models Joint Statistical Meetings : Minneapolis, MN Aug 2005

Harvey, Campbell , Liechty, John , Liechty, Merrill and Muller, Peter . Portfolio Selection with Higher Moments: A Bayesian Decision Theoretic Approach Statistics Seminar at Wharton School of Business : Philadelphia, PA Mar 2005

Proceedings

Liechty, Merrill and Lu, Jingjing . COMPARISON BETWEEN NONLINEAR PROGRAMMING OPTIMIZATION AND SIMULATED ANNEALING (SA) ALGORITHM UNDER HIGHER MOMENTS BAYESIAN PORTFOLIO SELECTION FRAMEWORK Winter Simulation Conference Jun 2007 :Dec 2007

Conferences

MCMSki 3 - Fourth International IMS/ISBA Joint Meeting, Other Jan 05, 2011 - Jan 07, 2011

Frontiers of Statistical Decision Making and Bayesian Analysis, Speaker Mar 17, 2010 - Mar 20, 2010

International Society for Bayesian Analysis, Speaker Jul 20, 2008 - Jul 24, 2008

Winter Simulation Conference, Other Dec 09, 2007 - Dec 12, 2007

Eighth Annual Financial Econometrics Conference, Speaker Mar 03, 2006 - Mar 03, 2006

Joint Statistical Meetings , Speaker Aug 07, 2005 - Aug 11, 2005

Bayesian Inference in Stochastic Processes , Other Jun 02, 2005 - Jun 04, 2005

IMS - ISBA Joint Meeting, Other Jan 12, 2005 - Jan 14, 2005

International Society for Bayesian Analysis, Other May 23, 2004 - May 27, 2004

Joint Statistical Meetings , Speaker Aug 05, 2001 - Aug 09, 2001

Classification Society of North America, Speaker Jun 14, 2001 - Jun 16, 2001

Awards

2004-2005 Mini-Grant (LeBow College Center of Teaching Excellence)

WWW Resources

http://www.pages.drexel.edu/~mwl25