Complete Director Publication List


Publications - Refereed Journal Articles

Religion and Female Educational Attainment,” (with Annette Tomal), Journal of Money, Credit, and Banking, 41, August 2009, 961-986.

Information Processing in the Theory of the Firm: The Rise of General Motors >>.” International Journal of the Economics of Business, 11, July 2004, 123-140.

“The Distribution of Internet Use: A Cross-National Analysis,” (with Chris Fallow) Journal of Private Enterprise, 19, Fall 2003, 38-53. Best Paper Award Winner, Association of Private Enterprise Education.

Economic Institutions and Human Well-being: A Cross National Analysis,” Eastern Economic Journal, 29, Winter 2003, 23-40.

“Economic Growth and Poverty: In Search of Trickle-down,” Cato Journal, Fall 2002, 263-275.

“Vertical Integration, Communications, and Supply Assurances: The Case of Oil Refining,” (with C. M. Sashi), Journal of Business and Economic Perspectives, Spring/Summer, 2001, 91-102.

Strategic Quality Decisions under Heterogeneous Resource Endowments,” (with Byong-Duk Rhee), Journal of Economics and Management Strategy, 10, 2001, 235-264.

“The Cost of Diversity: Endogenous Property Rights and Growth,” Constitutional Political Economy, 11, 2000, 319-337.

“Regulation, Profit Variability and Beta,” (with John J. Binder), Journal of Regulatory Economics, 15, 1999, 249-265.

“Poverty, Property Rights and Human Well-Being: A Cross-National Study,” Cato Journal, Fall 1998, 233-245.

“Information and Competitive Advantage: The Rise of General Motors,” Journal of Law and Economics, April 1997, 245-260.

Reprinted in John C. Wood, ed., Alfred P. Sloan: Critical Evaluations in Business and Management, 2003, London, Routledge.

“Is Franchising a Capital Structure Issue?” Journal of Corporate Finance, October 1995, 75-101.

“Vertical Integration and Systematic Risk: Oil Refining Revisited,” Journal of Institutional and Theoretical Economics, December 1993, 656-669.

Transaction Costs, Telecommunications, and the Microeconomics of Macroeconomic Growth >>,” Economic Development and Cultural Change, October 1992, 175-196.

“Franchising, Labor Productivity, and the New Institutional Economics,” Journal of Institutional and Theoretical Economics, December 1989, 578-596.

“An Economic Perspective on the Information Content of Magazine Advertisements,” (with Will Norton, Jr.), International Journal of Advertising, Summer 1988, 138-148.

“Franchising, Brand Name Capital, and the Entrepreneurial Capacity Problem,” Strategic Management Journal, Summer 1988, 105-114.

Reprinted in Paul Westhead and Mike Wright, ed., Advances in Entrepreneurship, 1999, Glos, U.K.

“An Empirical Look at Franchising as an Organizational Form,” Journal of Business, April 1988, 197-218.

“Regulation and the Wealth Effects of the OPEC Supply Shock on Electric Utilities,” Economic Inquiry, April 1988, 197-217.

“In Search of Regulatory Lag,” Quarterly Journal of Business and Economics, Autumn 1987, 3-16.

The Coase Theorem and Suboptimization in Marketing Channels >>,” Marketing Science, Summer 1987, 268-285.

“Economies of Scale and the New Technology of Daily Newspapers: A Survivor Analysis,” (with Will Norton, Jr.), Quarterly Review of Economics and Business, Summer 1986, 66-83.

“Advertising Restrictions and the Size Distribution of Firms: The Case of the U.S. Retail Drug Industry,” International Journal of Advertising, 5, 1986, 59-72.

“Regulation and Systematic Risk: The Case of Electric Utilities >>,” Journal of Law and Economics, October 1985, 671-690.

Publications - Book Chapters

“Economic Freedom and World Poverty” (with James Gwartney) in James Gwartney and Robert Lawson, Economic Freedom in the World. 2008. Vancouver: Frazer Institute, 2008, 23-40.

“A Comparison of Company Owned and Franchised Fast Food Outlet Performance---Insights from Health Inspection Scores,” (with Roy Beheler and Kabir Sen) in Gerhard Girard, and Josef Windsberger, ed. Strategy and Governance of Networks: Franchising, Cooperatives and Strategic Alliances, Springer-Verlag, 2008, 113-125.

“General Motors: Lost Dominance,” in Victor J. Tremblay and Carol Horton Tremblay, ed., Industry and Firm Studies, Fourth edition, M.E. Sharpe, 2007, 269-292.

“The Deuteronomic Double Standard: Human Nature and the Nature of Markets,” in Nicholas Capaldi, ed. Business and Religion: A Clash of Civilizations, M & M Scrivener Press, 2005, 111-124.

“Empirical Issues in Culture and Property Rights,” in Enrico Colombatto, ed., The Elgar Companion to the Economics of Property Rights, Edward Elgar, 2004, 85-107.

“Towards a More General Theory of Franchise Governance,” in Gerard Cliquet, George Hendrikse, and Josef Windsperger, ed. The Economics and Management of Franchised Networks, Springer, 2004, 17-37.

“Population Growth, Economic Freedom, and the Rule of Law,” in Terry L. Anderson, ed. You Have to Admit It’s Getting Better: From Economic Prosperity to Environmental Quality. Stanford: Hoover, 2004, 143-172.

“Property Rights, the Environment and Economic Well-Being,” in P.J. Hill and Roger E. Meiners, ed. Who Owns the Environment? 1998, Oxford: Roman & Littlefield Publishers, Inc., 37-54.

Publications - Monographs

Population Growth, Economic Freedom and the Rule of Law, PERC Policy Series, February 2002. The Competitive Effects of Manufacturer’s Suggested Retail Prices on Distribution Systems: The Case of the United States, 1987, Distribution Policy Institute, Tokyo, Japan.

Publications - Book Review

Democracy, Governance, and Economic Performance, Independent Review, Fall 2005, 285-289.

Working Papers

“On the Near Optimality of Aboriginal Property Rights.”

“Frank Knight on Business Strategy.”

“Economic Institutions, Human Capital, Institutions, and World Poverty.”

“The Human Face of Globalization: Trade Openness and World Poverty”

“Economic Freedom, Trade Openness and World Poverty”

“The Schumpeterian Shock at General Motors in the 1920’s.”

“Population Growth, Property Rights, and Human Well Being.”

Professional Affiliations

American Economics Association.

American Finance Association.

Association of Christian Economists.

Association of Private Enterprise Education.

International Society for the New Institutional Economics.

National Association of Business Economists.

National Association of Forensic Economics.

Southern Economics Association.

Society for the Scientific Study of Religion.

Strategic Management Society.

Western Economics Association International.

Elected Positions

Executive Board Member, Western Economics Association International, July 2008 to present.

Secretary-Treasurer, Western Economic Association International, July 2009 to present.

Referee for

Contemporary Economic Policy

Eastern Economic Journal

Economic Inquiry

Economic Journal

Growth and Change

International Journal of the Economics of Business

Journal of Business

Journal of Business Economics

Journal of Corporate Finance

Journal of Economics and Business

Journal of Economic Behavior and Organization

Journal of Economic Education

Journal of Industrial Economics

Journal of Institutional and Theoretical Economic

Journal of Law, Economics & Organization

Journal of Political Economy

Journal of Retailing

Management Science

Managerial and Decision Economics

Marketing Science

Oxford Economic Papers

Quarterly Review of Economics and Business

Southern Economic Journal

Project Reviewer

National Science Foundation

Institutional Service - Wheaton College

Member, Search Committee for Senior Women’s Athletic Administrator, 2003.

Member, Advancement Campaign for Intercollegiate Athletics Endowment, 2002-2003.

Member, Search Committee for Volkman Chaired Professorship in Business and Law, 2002-2003.

President’s Task Force on Intercollegiate Athletics, 2001-2002.

Intercollegiate Athletics Committee, 2000-2005.

Safety Review Subcommittee, 1996 to 2000.

Assistant Varsity Wrestling Coach, 1995-96. Assisted in daily practice, travel, and meet coaching.

Head Varsity Wrestling Coach, 1996-2008. Responsible for scheduling wrestling meets, student athlete recruiting, organizing practice, travel arrangements, fund raising and execution for Wheaton Invitational—most prestigious NCAA Division III Invitational tournament, and student academic and spiritual development. Coached 16 individual College Conference of Illinois and Wisconsin Conference Champions, five All-Americans, five scholar All-Americans, one scholar All American Team, and Two NCAA Division III National Champions. Named College Conference of Illinois and Wisconsin Wrestling Coach of the Year, 2007.

Institutional Service - Washington University

Chair, Recruiting Committee for Director, John M. Olin Management Center, 1990.

Chair, Ad Hoc Committee on International Business Education, 1989-1990.

Member, BSBA Committee: Review of curriculum and academic policies for undergraduate degree programs, 1986-1989.

Member, MBA Committee: Review of curriculum and academic policies for MBA program, 1986-89.

Chair, Marketing Group Recruiting, 1986-1988.

Chair, Marketing Ph.D. Prelim examination committee, 1988.

Doctoral Dissertations (Washington University)

Chair, Kabir Sen, marketing (Olin School of Business)

Chair, Michael Ollinger, economics (Arts & Sciences, economics department)

Chair, Zhu-Hun Gheam, economics (Arts & Science, economics department)

Doctoral Dissertations Continued

Committee member, David Brown, economics/finance (Arts & Sciences, economics department)

Committee member, Marsha Puro, accounting (Olin School of Business)

Workshop Paper Presentations

Ball State University

University of Chicago

Claremont Graduate School

University of Illinois, Chicago

Illinois Institute of Technology

Illinois State University

PERC, Bozeman, MT

University of Pittsburgh

Rice University

Simon Fraser University

Wake Forest University

Washington University, St. Louis

University of Washington, Seattle

Conference Paper Presentations

Association of Private Enterprise Association, 1998, 2000, 2001, 2002, 2003, 2004, 2005, 2009

Association for the Study of Economics, Religion, and Culture, Portland, 2006

Economics and Management of Networks, University of Vienna, 2003; Erasmus University, Rotterdam School of Management, 2007

Ethics and Spirituality in Business, Loyola University, New Orleans, 2004

Management Science, 1990

Nairobi/World Bank/Anglican Bishops Conference on African Poverty, 1999

Marketing Science, 1985, 1986

Midwest Economic Association, 1986

Northwestern University-Kellogg School of Management, (Strategy Content) 1987

International Society for the New Institutional Economics, University of Paris, Sorbonne, 1998, University of California, Berkeley, 2009, University of Stirling, 2010

Southern Economics Association, 2001, 2007

University of Michigan (Franchising), 1994

Western Economic Association International, 1991, 1996, 2000, 2001, 2004, 2005, 2009, 2010

Church and Community Service

Victory Wrestling Camp Ministry Coaching, Summer 2004

Strider Kids Wrestling Ministries, Fall 2005-Winter 2006, Fall 2006

Moody Radio, ad hoc Economic Commentary for “Prime Time America” Winter 2009 to present

Media Center