In the characterization of elastic properties of tissue using dynamic optical coherence elastography, shear/surface waves are propagated and tracked in order to estimate speed and Young's modulus. However, for dispersive tissues, the displacement pulse is highly damped and distorted during propagation, diminishing the e®ectiveness of peak tracking approaches, and leading to biased estimates of wave speed. Further, plane wave propagation is sometimes assumed, which contributes to estimation errors. Therefore, we invert a wave propagation model that incorporates propagation, decay, and distortion of pulses in a dispersive media in order to accurately estimate its elastic and viscous components. The model uses a general¯rst-order approximation of dispersion, avoiding the use of any particular rheological model of tissue. Experiments are conducted in elastic and viscoelastic tissue-mimicking phantoms by producing a Gaussian push using acoustic radiation force excitation and measuring the wave propagation using a Fourier domain optical coherence tomography system. Results con¯rmed the e®ectiveness of the inversion method in estimating viscoelastic parameters in both the viscoelastic and elastic phantoms when compared to mechanical measurements. Finally, the viscoelastic characterization of a fresh porcine cornea was conducted. Preliminary results validate this approach when compared to other methods.