Bachelor of Science Rensselaer Polytechnic Institute, Institution, New York, 1967. Master of Arts Pennsylvania State University, 1968. Doctor of Philosophy University Wisconsin, 1972.
Instructor, Pennsylvania State University,
9. Lector, University Wisconsin Extension, 1970-1972. Assistant Professor, Association Professor, Vanderbilt University, 1972-1975, 1975-1981.
Economics, Federal Trade Commission, Washington, District of Columbia, 1976-1976. Senior Staff Economics, United States President's Council Economics Advisers, Washington, District of Columbia, 1976-1977. Professor of Economics, Vanderbilt University, Nashville, Tennessee, United States of America, since 1981.
Editorial Board, Industrial Organization Review, 1976-1980.
Early research was on the rate of return to the Doctor of Philosophy in economics, publishing of economics papers, and its influence on academic salaries. I then developed a methodology for evaluating hypotheses relating corporate political power to firm and market characteristics, using the effectiveness of corporations in lowering tax rates to measure political power. Subsequent research related firm size and market structure to the income redistribution effects of monopoly and corporate contributions to charity, culminating in an edited volume on several non-efficiency effects of firm size and market structure.
Using the United States input-output matrix and the BLS Consumer Expenditure Survey, I developed estimates of the effect of price changes on different income groups, considering their indirect purchases as well as their direct purchases of various commodities. I have applied microeconomic principles and empirical measurement to the welfare cost due to monopoly, the determinants of antitrust activity, the market for lawyers, professional teams sports, suboptimal manufacturing capacity, and estimating the demand for minor-league baseball and coffee. Throughout my career I worked in a second major line of research: economics education. This research includes studies of self-paced instruction learning by teaching, differences between men and women in learning economics, the methodology for empirical studies of the effectiveness of experimental teaching methods, the economics curriculum in the United States, the structure of the introductory economics course, and a profile of senior economics majors and what influences their understanding of economics.
The economics education work led to a survey of the literature on research on teaching college economics, and an edited collection of the better research on this subject.