V I T A
NAME: Robert E. Martin
CURRENT POSITION
The Ewing T. Boles Professor of Economics 
Centre College
Danville, Kentucky 40422
(859) 238-5260
E-mail: bmart@centre.edu
 

EDUCATION
Ph.D. Economics Southern Methodist University 1979
M.A. Economics Southern Methodist University 1978
M.A. Economics Texas Christian University 1968
B.A. Economics Austin College 1966
 

ACADEMIC EXPERIENCE

 

   Visiting Professor, Department of Economics, Louisiana State University, Baton Rouge,

          Academic year 02/03.

   Professor, Department of Economics, Centre College, Danville, Kentucky, August 1996 to the present.

   Professor, Department of Economics, The University of Texas at Arlington, Arlington, Texas, July

          1994 to August 1996.

   Professor and Interim Dean, College of Business, The University of Texas at Arlington, Arlington, Texas, January 1993 to June 1994.

   Professor and Chair, Department of Economics, The University of Texas at Arlington, June 1992 to January 1993.

   Professor, Department of Economics, Louisiana State University, Baton Rouge, August 1979 to June 1992.

 

REFEREED PUBLICATIONS

   “Pricing and Enrollment Planning.”  Planning for Higher Education, June/August 2003, 29-37. 

   “Why Tuition Costs are Rising so Quickly.” Challenge, July/August 2002, 88-108.

   “Tuition Discounting:  Theory and Evidence,” Economics of Education Review, 21(2), April 2002.

   “Enrollment Management as a Portfolio Investment Decision,” College and University, Summer 2000,

           25-29.

   "Partnerships, Intra-firm Competition and Quality Choice:  Applications to the Medical Profession," Review of Industrial Organization, September 2000, 17(2), 193-208, with D. Bradford.

   “Loan Performance and Race.”  Economic Inquiry, January 2000, 38(1), 136-150, with R. Carter

           Hill.

   “Revisiting Long Run Industry Supply.”  Eastern Economic Journal, 1998, 24(2), 207-215.

   "The Market for Franchise Opportunities."  Bulletin of Economic Research, 1996, 48(1), 65-82.

   "Office Triage and the Physician's Supply Curve."  Empirical Economics, 1995, 20(2), 303-325, with D. Bradford.

   "Supplier Induced Demand and Quality Competition:  An Empirical Investigation."  Eastern Economic Journal, Fall 1995, 21(4), 491-503, with D. Bradford.

   "Franchising, Liquidity Constraints and Entry."  Applied Economics, 1993, with R.T. Justis, 1269-77.

   "Points, Risk and Competition in the Mortgage Market."  Southern Economic Journal, January 1992, with David J. Smyth, 779-89.

   "Public Inputs in Agriculture."  Southern Economic Journal, July 1991, with T.P. Zacharias and M.D. Lange,129-43.

   "Adverse Selection and Moral Hazard Effects in the Mortgage Market:  An Empirical Analysis." Southern Economic Journal, April 1991, with David J. Smyth, 1071-84.

   "Profit Sharing, Uncertainty and the Enterprise Contract."  Annals of Public and Cooperative Economics, January-March 1991, 81-101.

   "The Endowment Funding of Public Inputs in a Socialist Economy."  Advances in the Economic Analysis of Participatory and Labor Managed Firms, JAI Press, 4, 1991, 115-24.

   "Competitive Firm and Resource Allocation Under Uncertain Capital Service." Southern Economic Journal, July 1990, with Eden S.H. Yu, 208-20.

   "Franchising and Risk Management."  American Economic Review, 78, December 1988, 954-68.

   "Long-Run Supply in Competitive Labor-Managed Industries."  Advances in the Economic Analysis of Participatory and Labor-Managed Firms, JAI Press, 2, 1987, 13-28.

   "Quality Choice Under Labor-Management."  Journal of Comparative Economics, 10, December 1986, 400-13.

   "Market Structure and Pollution Control Under Imperfect Surveillance."  Journal of Industrial Economics, 35, December 1986, with S.C. Farber, 147-60.

   "Externality Regulation and the Monopoly Firm."  Journal of Public Economics, 29, April 1986, 347-62.

   "On Judging Quality by Price:  Price Dependent Expectations, Not Price Dependent Preferences."  Southern Economic Journal, 52, January 1986, 665-672.

   "Random Capital Service in Labor-Managed and Profit-Maximizing Firms." Journal of Comparative Economics,  9, September 1985, 296-313.

   "Stochastic Input Supply:  Theory and Evidence."  Applied Economics, 16, 1984, 343-54.

   "Petrol Supplies and Consumer Expectations."  Energy Economics, January 1983, 16-26.

   "Monopoly Power and the Recycling of Raw Materials."  Journal of  Industrial Economics, 30, June 1982, 405-19.

   "Soviet Enterprise Behavior Under Uncertainty."  Journal of Comparative Economics, 6, March 1982, with S.J. Linz, 24-36.

   "Stochastic Input Deliveries." Economic Inquiry, 19, October 1981, 640-49.

 

PROFESSIONAL JOURNALS

 

  “Information Technology for the New Liberal Arts College:  A Window of Opportunity,” with Samuel B.

           Fee, EDUCAUSE Quarterly, 1, 2002.

  “Prospecting Among the Inquiries,” with Charles Hokayem, John Perry, and Jed Leaf, Business Officer, NACUBO, January 2002.

  “The Vicious Spiral of Tuition Discounting,” Trusteeship, AGB, May/June 2001, 34-35.

  “Dangerously Denying Deficits,” Trusteeship, AGB, January/February 2001, 20-23.

  “Planning with Care,” Business Officer, NACUBO, October 1999.

  

BOOK CHAPTERS

 

“Prospecting Among the Inquiries:  An Enrollment Forecasting Model, “ with          Hokayem, Charles M., Leaf, Jed, and Perry John, in Managerial Analysis and Decision Support, NACUBO Accounting Principles Committee, eds. (Washington, D.C.: National Association of College and University Business Officers,             2004).

 

 

  "Economic Context of the New Reality," in The New Organizational Reality:  Downsizing, Restructuring, Revitalization, (Washington, D.C.: American Psychological Association, 1997), M.F. Gowing, J.R. Kraft, and J.C. Quick, eds.

  "Commodity Excise Taxes in Louisiana."  Louisiana's Fiscal Alternatives, LSU Press, 1988, 268-86.

 

 

PRESENTED PAPERS

 

   "Stochastic Input Deliveries," Invited Working Paper Series, Louisiana State University , December 1979.

   "Manufacturing Orders and Stochastic Input Supply with Rational Expectations," SEA Meetings, November 1980.

   "Pollution Control and Increased Rivalry," WEA Meetings, July 1983.

   "Externality Regulation and the Monopoly Firm," Working Paper Series, Louisiana State University, October 1985.

   "Does Rate Base Valuation Matter?" SSSA Meetings, March 1986.

   "Market Structure and Pollution Control Under Imperfect Surveillance," Working Paper Series,     Louisiana State University, March 1986.

   "The Market for Franchise Opportunities," SEA Meetings, November 1988.

   "Adverse Selection and Moral Hazard Effects in the Mortgage Market:  An Empirical Analysis,"  AEA-AREUEA Meetings, December 1989.

   "Public Inputs in Agriculture," Working Paper Series, Louisiana State University, 1990.

   "Points, Risk and Structure in the Mortgage Market," SEA Meetings, November 1990.

   "Office Triage and the Physician's Supply Curve," Invited Working Paper Series, Oklahoma State University, January 1993.

   "Office Triage and the Physician's Supply Curve," Working Paper Series, University of Texas at Arlington, October 1993.

   "Partnerships. Intra-firm Competition and Quality Choice:  Applications to the Medical Profession," Working Paper Series, University of Texas at Arlington, November 1994.

   "Optimal Force Place Policies" Invited Working Paper Series, The University of New Hampshire, March 1995.

   "Partnerships, Intra-firm Competition and Quality Choice:  Applications to the Medical Profession" Invited Working Paper Series, Arizona State University, October 1995.

   "An Economic Interpretation of Corporate 'Down-sizing' and 'Out-sourcing'" Invited Working Paper Series, Centre College, January 1996.

   "An Economic Theory of Referrals:  Applications to the Medical Profession"  Invited Working Paper Series, Oklahoma State University, March 1996.

   “Loan Performance and Race” WEA Meetings, Seattle, WA., July 1997.

   “Loan Performance and Race” Microeconomics Workshop Series, The University of Kentucky, March 1998.

   “The Search for Economic Security” Kentucky Economic Association, Lexington, Kentucky, October 1998.

   “Enrollment Growth and Subsidies: Financial Stress in Higher Education” Southern Economic Association Meetings, New Orleans, November 1999.

   “Reputation and Referral,” Invited Working Paper Series, The University of Central Florida, February 2000.

   “An Enterprise Model for Higher Education,” Midwest Economic Association Meetings, Chicago, March 2002.

   “Optimal Pricing and the Liberal Arts College,  WEA Meetings, Seattle, WA, July 2002.

   “Pricing and Enrollment Planning,” Chief Academic Officers meetings, Council of Independent Colleges, Santa Fe, NM, November 2002.

 

NON-ACADEMIC PROFESSIONAL EXPERIENCE
Research Associate
McKinsey & Company, 1977
Vice President of Corporate Development and Financial Planning
Anta Corporation, 1972-1976
Commercial Development Manager
Ensearch Corporation, 1970-1972
 

DISSERTATION
"Random Production: Stochastic Input Deliveries and Machine Failure"
 

FIELDS OF SPECIALIZATION
Microeconomic Theory
Economics of Information and Uncertainty
Econometrics
 

TEACHING EXPERIENCE 
Graduate (Ph.D.) Courses

The Economics of Information and Uncertainty
Microeconomic Theory
Advanced Microeconomic Theory
Mathematical Economics
Econometrics

Undergraduate Courses

              Econometrics

Corporate Finance
Empirical Methods in Economics and Finance
Investments and Asset Valuation
Intermediate Micro
Intermediate Macro
Senior Seminar
Mathematical Methods

REFEREE
American Economic Review
Journal of Macroeconomics
Bulletin of Economic Research
Journal of Political Economy
Economic Inquiry
National Science Foundation
International Economic Review

Journal of Economic Behavior and Organization
Quarterly Journal of Business and Economics 
Journal of Comparative Economics
Social Science Quarterly
Journal of Economics
Southern Economic Journal
Journal of Industrial Economics
The Economic Journal
Applied Financial Economics
Real Estate Economics
International Journal of Industrial Organization
Contemporary Economic Policy  

PROFESSIONAL AFFILIATIONS
American Economic Association, Southern Economic Association, Western Economic Association
 

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