Program Sessions

*Session organized by SEA President-Elect

Session 1A	State Lotteries
Session 2A	The Principles Course
Session 3A	Labor Market Mandates and Regulation
Session 4A	Land-Use and Tropical Deforestation
Session 5A	Monetary Policy and Forecasting
Session 6A*	Empirical Studies I
Session 7A*	Collective Action Problems in the Lab
Session 8A	Savings Behavior and Mobility of Older Americans
Session 9A	Gambling
Session 10A*	Hurricane Loss Estimation and Mitigation
Session 11A*	Studies in Microeconomic Dynamics
Session 12A	Econometric Methods and Application
Session 13A	Innovation and Growth
Session 14A*	Applied Topics in Urban and Public Economics
Session 15A*	Topics in Open Economy Macro and Development
Session 16A	Topics in Forensic Economics

Sunday
8:30 - 10:15 a.m.
SEA

Session 1A
State Lotteries

Chairperson: Kelly M. Brown, Georgia State University

Papers:: "Who Gets HOPE? The Income Transfer of Georgia's Lottery-Funded Scholarship Program"; Christopher Cornwell, University of Georgia; David B. Mustard, University of Georgia; "Does Advertising Make the Lottery Tax More Regressive?"; Mary O. Borg, University of North Florida; Harriet A. Stranahan, University of North Florida; "Elasticity of Demand for U.K. National Lottery Tickets"; David Forrest, University of Salford - England; O. David Gulley, Bentley College; Robert Simmons, University of Salford - England; "Predicting Lottery Revenues: The Importance of Lottery Game Characteristics"; Thomas A. Garrett, West Virginia University; Russell S. Sobel, West Virginia University

Discussants:: Thomas R. Dalton, Southern University - New Orleans; Rajeev K. Goel, Illinois State University

Sunday
8:30 - 10:15 a.m.
SEA

Session 2A
The Principles Course

Chairperson: Charles A. Andrews, Mercer University

Papers:: "Student Topic Introductions: Attitudes Toward and Learning of Economics"; J. Rody Borg, Jacksonville University; "The Determinants of Web Use within the Economic Principles Course"; Audrey B. Davidson, University of Louisville; Barry Haworth, University of Louisville; "Students' Efficiency and Learning Curve in Principles of Economics Courses"; Omer Gokcekus, North Carolina Central University

Discussants:: Edward J. Bierhanzl, Florida A&M University; Patricia L. Ryan, Midway College

Sunday
8:30 - 10:15 a.m.
SEA

Session 3A
Labor Market Mandates and Regulation

Chairperson: J. Isaac Brannon, University of Wisconsin - Oshkosh

Papers:: "Faculty Benefit Policies: An Assessment of Academic Compliance with the Maternity Benefit Mandates of the Pregnancy Discrimination Act of 1978"; Saranna Thornton, Hampden-Sydney College; "An Efficiency Enhancing Minimum Wage"; Omer Gokcekus, North Carolina Central University; Edward Tower, Duke University

Discussants:: Tanja F. Blackstone, Navy Personnel Research and Development Center; Douglas M. Brown, Georgetown University

Sunday
8:30 - 10:15 a.m.
SAPPCREE I

Session 4A
Land-Use and Tropical Deforestation

Chairperson: James R. Kahn, University of Tennessee

Papers:: "Tropical Deforestation and the Implications of Property Rights: A Dynamic Approach"; Jill Caviglia, Salisbury State University; Virginia H. Dale, Oak Ridge National Laboratory; Marcos A Pedlowski, Universidade Estadual do Norte Fluminense; "Incentives for Deforestation Among Pantanal (Brazil) Cattle Ranchers"; Andrew F. Seidl, Colorado State University; "Time Preference, Market Integration, and Small Holder Deforestation"; Linwood Pendleton, University of Southern California; "Agroforestry Adoption: Keynes' Animal Spirits are Alive and Well in the Yucatan"; James F. Casey, Washington and Lee University

Discussants:: Dan Biller, World Bank; Dina Francheschi, Fairfield University; Alexandre Rivas, Universidade do Amazons and Fundacao Getulio Vargas; Carlos Eduardo Frickmann Young, Universidade Federal do Rio de Janeiro

Sunday
8:30 - 10:15 a.m.
SEA

Session 5A
Monetary Policy and Forecasting

Chairperson: William Gissy, Morehouse College

Papers:: "Using a Bayesian Model Averaging Procedure to Determine Viable Explanatory Variables for Forecasting Output or Prices"; David C. Black, University of Toledo; Michael R. Dowd, University of Toledo; "Inflation Targeting with the Federal Funds Rate"; H. Sonmez Atesoglu, Clarkson University; Donald H. Dutkowsky, Syracuse University; "Examining the Relationship Between Monetary Policy Instruments and Macroeconomic Variables"; Dale S. Bremmer, Rose-Hulman Institute of Technology; William L. Seyfried, Rose-Hulman Institute of Technology; "A Comparison of Divisia and Simple Sum Monetary Aggregates: Evidence from a Traditional Interpretation of Macroeconomic Fluctuations"; Don Schunk, University of Tennessee

Discussants:: Tricia Coxwell, University of Tennessee; Joe Santos, South Dakota State University

Sunday
8:30 - 10:15 a.m.
SEA*

Session 6A*
Empirical Studies I

Chairperson: Christopher R. Bollinger, University of Kentucky

Papers:: "Pregnancy Duration and Low Birthweight: A Semiparametric Approach"; Mary Beth Walker, Georgia State University; "Labor Market Dropouts and the Implications for Racial Wage Gap: A Semiparametric Approach"; Ahmatab Chandra, University of Kentucky; "Measuring the Impact of Emissions Reductions on Electric Utility Productivity Change"; Scott Atkinson, University of Georgia; Olaf Honerkamp, University of Georgia

Discussants:: Christopher R. Bollinger, University of Kentucky; Shifra Gurmu, Georgia State University; Mary McGarvey, University of Nebraska; Dek Terrell, Louisiana State University

Sunday
8:30 - 10:15 a.m.
SEA*

Session 7A*
Collective Action Problems in the Lab

Chairperson: Susan K. Laury, Georgia State University

Papers:: "Individual Motives for Giving"; Susan K. Laury, Georgia State University; "Group Size Effects for One-Shot Provision Point Public Goods"; Susan K. Brewer, Georgia State University; "Collective Action with Incomplete Commitment: Experimental Evidence"; Pamela M. Schmitt, Indiana University; James Walker, Indiana University

Discussants:: Christina Fong, Washington University; R. Mark Isaac, University of Arizona; Stuart Mestleman, McMaster University

Sunday
8:30 - 10:15 a.m.
SEA

Session 8A
Savings Behavior and Mobility of Older Americans

Chairperson: Andrew L.H. Parkes, East Central University

Papers:: "Examining Differences in Saving Behavior: Evidence from the HRS"; Sharmila Choudhury, Social Security Administration; "Saving for Retirement: Implications of Household Bargaining for Social Security and Tax Reform"; Shelly Lundberg, University of Washington; Jennifer Ward-Batts, University of Michigan; "Mobility and Housing Tenure Transitions of Older Americans"; Harold W. Elder, University of Alabama; Patricia M. Rudolph, University of Alabama

Discussants:: Sammy E. Elaasar, Winston-Salem State University

Sunday
8:30 - 10:15 a.m.
SEA

Session 9A
Gambling

Chairperson: W. David Walls, University of Hong Kong

Papers:: "Buying Dreams: The Demand for Tickets in a Raffle"; Irma Gomez, Instituto Tecnologico y de Estudios Superiores de Monterrey; Nicolas Gutierrez, Instituto Tecnologico y de Estudios Superiores de Monterrey; Jorge Ibarra-Salazar, Instituto Tecnologico y de Estudios Superiores de Monterrey; "Professional Bettors and Betting Market Equilibrium"; Brian Adams, MountainGate; Frank W. Rusco, U.S. General Accounting Office; W. David Walls, University of Hong Kong; "Stochastic Dominance Shifts and Deductible Insurance"; Jorge Ibarra-Salazar, Instituto Tecnologico y de Estudios Superiores de Monterrey

Discussants:: Richard Guy Cox, University of Tennessee

Sunday
8:30 - 10:15 a.m.
SEA*

Session 10A*
Hurricane Loss Estimation and Mitigation

Chairperson: Jamie Brown Kruse, Texas Tech University

Papers:: "Risk Perception and Safety Value of Safe Rooms"; Jamie Brown Kruse, Texas Tech University; Ozlem Ozdemir, Texas Tech University; "Evacuation Behavior and Costs"; Jamie Brown Kruse, Texas Tech University; Robert McComb, Texas Tech University; "Wind Storm Damage Estimation"; Kevin Simmons, Oklahoma City University; "Using Revealed and Stated Preference Models to Estimate the Costs of Hurricane Evacuation"; John C. Whitehead, East Carolina University

Discussants:: ,

Sunday
8:30 - 10:15 a.m.
SEA*

Session 11A*
Studies in Microeconomic Dynamics

Chairperson: David R. Merrell, Carnegie Mellon University

Papers:: "Employment Adjustment Costs and Establishment Characteristics"; Lucia Foster, CES/Bureau of the Census; "Characertistics and Performance of U.S. Health and Child Care Establishments"; Alison Hagy, CES/Bureau of the Census; Ronald S. Jarmin, CES/Bureau of the Census; "Characteristics and Trends in the Nursing Home Industry: A Micro-data Perspective"; Cornell J. Krizan, CES/Bureau of the Census; Adela Luque, CES/Bureau of the Census; "Productivity and Acquisitions in U.S. Coal Mining"; David R. Merrell, Carnegie Mellon University

Discussants:: ,

Sunday
8:30 - 10:15 a.m.
SEA

Session 12A
Econometric Methods and Application

Chairperson: Lisa R. Anderson, College of William and Mary

Papers:: "A Simple Nonparametric Probit Estimator"; Darren Grant, Georgia Southern University; "Regional Consumption Smoothing: An Econometric and Neural Network Investigation of the Life-Cycle Hypothesis"; Jason Mendenhall, U.S. Naval Academy; Matthew Severson, U.S. Naval Academy; "Neglected Heterogeneity and Flexible Functional Forms"; Joachim Zietz, Middle Tennessee State University; "Within-Cell Income Distributions as Proxies for Income Uncertainty in a Cohort Analysis of Consumption and Saving"; Richard D. McGrath, Armstrong Atlantic State University

Discussants:: Chi-ang Lin, National Chengchi University; Mark Strazicich, University of Central Florida

Sunday
8:30 - 10:15 a.m.
SEA

Session 13A
Innovation and Growth

Chairperson: Rolf Färe, Oregon State University

Papers:: "Searching for Endogenous Innovation: Evidence of Scale Effects from U.S. Studies"; Bruce T. Elmslie, University of New Hampshire; Norman H. Sedgley III, University of New Hampshire; "High-Tech T&D Performance: Private and Social Benefits?"; Kevin F. Forbes, Catholic University of America; Robert T Sienkiewicz, National Institute of Standards and Technology; "Threshold Models and Entrepreneurial Decisions"; Maria Minniti, Babson College; "Transitional Dynamics of an R&D-Based Model with Innovation, Imitation, and Human Capital"; Chris Papageorgiou, Louisiana State University; Fidel Perez Sebastian, Universidad Pública de Navarra

Discussants:: Abdullah H. Albatel, King Saud University; Sam Papenfuss, George Mason University

Sunday
8:30 - 10:15 a.m.
SEA*

Session 14A*
Applied Topics in Urban and Public Economics

Chairperson: Any Crews Cutts, Freddie Mac

Papers:: "Effects of the United States Tax System on Transitions into Self-Employment"; Donald Bruce, University of Tennessee; "Spatial Estimation with Binary Dependent Variables"; R. Kelley Pace, Louisiana State University; Carolos Slawson, Louisiana State University; "The Demand for Environmental Quality in Urban Areas: A Translog Approach"; David Brasington, Tulane University; Diane Hite, Mississippi State University; "Beneficial Inequality in the Provision of Municipal Services: Why Rich Neighborhoods Should Get Plowed First"; John Conley, University of Illinois - Champaign; Manfred Dix, Tulane University

Discussants:: Kathryn Anderson, Vanderbilt University; Any Crews Cutts, Freddie Mac; Kelly D. Edmiston, Georgia State University; Laura Taylor, Georgia State University

Sunday
8:30 - 10:15 a.m.
SEA*

Session 15A*
Topics in Open Economy Macro and Development

Chairperson: Richard Barnett, University of Arkansas

Papers:: "Credit Market Imperfections and Human Capital Accumulation"; Saqib Jafarey, University of Essex; "Tradability of Goods and Real Exchange Rate Fluctuations"; Caroline Betts, University of Southern California; Timothy Kehoe, University of Minnesota; "Unofficial Dollarization"; Alex Mourmouras, International Monetary Fund; "Inflation, Black Market Exchange Rates, and Economic Growth"; Richard Barnett, University of Arkansas

Discussants:: Caroline Betts, University of Southern California; Saqib Jafarey, University of Essex; Alex Mourmouras, International Monetary Fund; Theodore Palivos, Louisiana State University

Sunday
8:30 - 10:15 a.m.
NAFE I

Session 16A
Topics in Forensic Economics

Chairperson: George A. Schieren, Appalachian State University

Papers:: "The Interface Between Economist and Life Care Planner"; Randall Thomas, National Center for Life Care Planning; "The Impact of Age on Employment Tenure: Results from an Employment Discrimination Case"; David I. Rosenbaum, University of Nebraska - Lincoln; "Work-Life Expectancy Issues"; George A. Barrett, Michael L. Brookshire & Associates; "A 1999 Survey Study on Forensic Economics"; Michael L. Brookshire, Michael L. Brookshire & Associates; Frank L. Slesnick, Bellarmine College

Discussants:: Bernard Pettingill,; Michael Piette, Analytical Economics, Inc.; James D. Rodgers, Pennsylvania State University; Ralph Sandler, Spring Hill College

Sunday, 10:30 - 12:15 p.m.

Session 17B*	Income Inequality and Mobility
Session 18B*	Environmental Issues in Developing Countries
Session 19B	Economics of Education I
Session 20B	Topics on Government Size and Public Goods
Session 21B*	Risk and Quality Issues in Health Maintenance Organizations
Session 22B*	Trade Elasticities
Session 23B*	Internet Technologies in Experimental Economics: Panel Discussion
Session 24B*	Measuring the Value of Water Quality
Session 25B	20th Century Economic History
Session 26B*	Topics in Industrial Organization
Session 27B	International Trade
Session 28B	Industry Structure
Session 29B	Economic Development and Growth
Session 31B	Economic Organization
Session 32B	Symposium on the "Whole Time" Concept in Forensic Economics

Sunday
10:30 - 12:15 p.m.
SEA*

Session 17B*
Income Inequality and Mobility

Chairperson: John P. Formby, University of Alabama

Papers:: "Income Mobility and Statistical Inference: Applications to Germany"; W. James Smith, University of Colorado - Denver; Buhong Zheng, University of Colorado - Denver; "Sources of Income Inequality in the 1990s"; John P. Formby, University of Alabama; Hoseong Kim, University of Alabama; Nripesh Podder, University of New South Wales; "Income Distribution and Redistribution in Germany Before and After the Wall Came Down"; John A. Bishop, East Carolina University; Lester A. Zeager, East Carolina University

Discussants:: Feng Chen, University of Alabama; Thesia I. Garner, Bureau of Labor Statistics; Paul Thistle, University of Nevada - Las Vegas

Sunday
10:30 - 12:15 p.m.
SEA*

Session 18B*
Environmental Issues in Developing Countries

Chairperson: Dina Francheschi, Fairfield University

Papers:: "Managing Forestry Resources on Public Land in Developing Countries"; Rodney Smith, University of Minnesota; "Integrating Forest Resources into the System of National Accounts in India for Sustainable Development"; G.S. Haripriya, Indira Gandhi Institute of Development Research; "Sustainability and Vehicle Use in the Developing World"; Haynes C. Goddard, University of Cincinnati; "Addressing Global Environmental Issues in National Environmental Policy: The Case of Brazil"; Dan Biller, World Bank; Fundacao Getulio Vargas, Universidade de Santa Ursala and World Bank

Discussants:: James F. Casey, Washington and Lee University; Jill Caviglia, Salisbury State University; James R. Kahn, University of Tennessee; Linwood Pendleton, University of Southern California

Sunday
10:30 - 12:15 p.m.
SEA

Session 19B
Economics of Education I

Chairperson: Philip D. Taylor, Wesleyan College

Papers:: "State Aid to Public Schools and the Determination of the Level of Spending Per Student"; Kathleen Thomas, Georgia State University; "On the Impact of Enrollment: Quality, Revenue, and Cost"; Robert E. Martin, Centre College; "College Choice Decisions: The Effect of State Funded Scholarships for Both Private and Public Institutions"; J. Rody Borg, Jacksonville University; Rachael Harbert, Jacksonville University

Discussants:: M. Northrup Buechner, Tennessee Regulatory Authority; Petur O. Jonsson, Fayetteville State University

Sunday
10:30 - 12:15 p.m.
SEA

Session 20B
Topics on Government Size and Public Goods

Chairperson: Michael A. Nelson, Illinois State University

Papers:: "The Size of Government and Economic Growth: Sources of Inefficiency"; A. Edward Day, University of Central Florida; "Institutional Change, Government Size, and Wagner's Law"; Chi-ang Lin, National Chengchi University; "Paying for Parks: The Political Economy of Excludable Public Goods"; Kurtis J. Swope, Indiana University

Discussants:: Jaison R. Abel, Ohio State University; Paul Pecorino, University of Alabama

Sunday
10:30 - 12:15 p.m.
SEA*

Session 21B*
Risk and Quality Issues in Health Maintenance Organizations

Chairperson: Gary M. Fournier, Florida State University

Papers:: "HMO Contracting: Who Bears the Risk?"; Patricia H. Born, University of Connecticut; "Regulating the HMO Market"; William Encinosa, U.S. Department of Health and Human Resources; "Tort Liability and Quality Assurance in Health Care"; Melayne Morgan McInnes, University of South Carolina

Discussants:: Kislaya Prasad, Florida State University; Frank Scott, University of Kentucky; Jennifer Troyer, University of North Carolina - Charlotte

Sunday
10:30 - 12:15 p.m.
SEA*

Session 22B*
Trade Elasticities

Chairperson: William A. Donnelly, U.S. International Trade Commission

Papers:: "Further Research on the Global Income Elasticity of Trade"; William A. Donnelly, U.S. International Trade Commission; Peter Pogany, U.S. International Trade Commission; "The Italian Automotive Industry and Economies of Scale"; Dale B Truett, University of Texas - San Antonio; Lila J. Truett, University of Texas - San Antonio; "Balance of Trade, Output, and Real Exchange Rate Dynamics: Identifying the Transmission Mechanisms"; Derick Boyd, University of East London; Guglielmo Maria Caporale, University of East London; Ron Smith, University of London

Discussants:: William A. Donnelly, U.S. International Trade Commission; Peter Pogany, U.S. International Trade Commission

Sunday
10:30 - 12:15 p.m.
SEA*

Session 23B*
Internet Technologies in Experimental Economics: Panel Discussion

Moderator: David Lucking-Reiley, Vanderbilt University

Panelists:: Charles A. Holt, University of Virginia; David Lucking-Reiley, Vanderbilt University; David Porter, University of Arizona; Rick Wilson, Rice University

Sunday
10:30 - 12:15 p.m.
SEA*

Session 24B*
Measuring the Value of Water Quality

Chairperson: Carol Mansfield, Duke University

Papers:: "Evidence of the Effects of Water Quality on Residential Land Prices"; Nancy Bockstael, University of Maryland; Christopher Leggett, University of Maryland; "Subjective Versus Objective Quality Measurement in Hedonic Demand Models: Implications Valuing Water Quality"; Laura Taylor, Georgia State University; Kevin Boyle, University of Maine; Joan Poor, University of Maine; "Estimating the Economic Benefits of Water Quality in the Catawba River Basin of North and South Carolina"; Randall Kramer, Duke University; Jon Eisen-Hetch, Duke University; "Trade-Off at the Trough: Estimating the Value of Water Quality Improvements from Regulating Livestock Farms"; Carol Mansfield, Duke University; V. Kerry Smith, North Carolina State University

Discussants:: Mark Dickie, University of Southern Mississippi; John A. List, University of Central Florida; John C. Whitehead, East Carolina University

Sunday
10:30 - 12:15 p.m.
SEA

Session 25B
20th Century Economic History

Chairperson: Peter Z. Grossman, Butler University

Papers:: "Did World War II Spending Initiate Southern Economic Reform?"; Fred Bateman, University of Georgia; Jason Taylor, University of Virginia; "The Effectiveness of Sterilized Intervention: The British Exchange Equalisation Account, 1932-1939"; James L. Butkiewicz, University of Delaware; Antonette C. Dushel, University of Delaware; "An Examination of the Asymmetric Effects of Money Supply Shocks in the Interwar Period"; Randall E. Parker, East Carolina University; Philip A. Rothman, East Carolina University

Discussants:: Jason Taylor, University of Virginia

Sunday
10:30 - 12:15 p.m.
SEA*

Session 26B*
Topics in Industrial Organization

Chairperson: Dean Showalter, Southwest Texas State University

Papers:: "Endogenous Growth with Overlapping Generations"; Kathleen Trask, University of Kentucky; "Optimal Debt and the Timing of R&D Investment"; Richard Jensen, University of Kentucky; Dean Showalter, Southwest Texas State University; "Sequential Moves with Differentiated Products Under Bertrand and Cournot Competition"; Mark R. Frascatore, Clarkson University; "Price Discrimination Based on Consumers' Past Purchasing Decisions"; Maria Arbatskaya, Emory University

Discussants:: Maria Arbatskaya, Emory University; Mark R. Frascatore, Clarkson University; Dean Showalter, Southwest Texas State University; Kathleen Trask, University of Kentucky

Sunday
10:30 - 12:15 p.m.
SEA

Session 27B
International Trade

Chairperson: Ben S. Shippen, Jr., Mercer University

Papers:: "Trade in Banking Services"; Cynthia Royal Tori, Valdosta State University; "Trade, Dutch Disease, and RS Theorem"; Masao Oda, Kansai University - Japan; Robert Stapp, University of Arkansas; "Technology, Trade, Education, and Inequality in the Heckscher-Ohlin Model"; Bin Xu, University of Florida; "The Journal Literature of International Economics"; Joe C. Davis, Trinity University; Jorge G. Gonzalez, Trinity University; Debra M. Patterson, Trinity University

Discussants:: Omer Gokcekus, North Carolina Central University; Edward Tower, Duke University

Sunday
10:30 - 12:15 p.m.
SEA

Session 28B
Industry Structure

Chairperson: Niccie L. McKay, University of Florida

Papers:: "Strategic Price Formation Under Imperfect Competition: Vertical and Horizontal Market Power in Intermediate Product Markets"; Richard Ruble, University of Virginia; "Aggregate Merger Activity and Antitrust Policy"; Mingtao Chen, University of Ottawa; "The Impact of Environmental Regulations on the Industry Structure of Landfills"; Benjamin F. Blair, Mississippi State University; Diane Hite, Mississippi State University; "Spatial Choice Factors in U.S. Markets"; John Dunham, Phillip Morris Management Corporation and Columbia University

Discussants:: Ted W. Chiles, Jr., Auburn University - Montgomery; Vladimir V. Starkov, West Virginia University

Sunday
10:30 - 12:15 p.m.
SEA

Session 29B
Economic Development and Growth

Chairperson: Frank R. Gunter, Lehigh University

Papers:: "Industrial Policy as a Non-Robust Institution"; Sam Papenfuss, George Mason University; "The Illegal Sector: Its Development and Impact on Economic Growth"; Nivedita Mukherji, Oakland University; "Underground Economies in Indonesia"; Subhash C. Sharma, Southern Illinois University - Carbondale; Sasmito Hadi Wibowo, Southern Illinois University; "An Investigation as to Why Income Inequality Changes Over Time"; Kevin Sylwester, Southern Illinois University - Carbondale

Discussants:: James Cobbe, Florida State University; Joseph M. Perry, University of North Florida

Sunday
10:30 - 12:15 p.m.
SDAE II

Session 31B
Economic Organization

Chairperson: Peter Lewin, University of Texas - Dallas

Papers:: "Fritz Machlup and the Behavioralists"; Roger Koppl, Fairleigh Dickinson University; "Political Entrepreneurship"; Randall G. Holcombe, Florida State University; "Capital Structure Evolution: Austrian Observations on the Case of Software Development"; Howard Baetjer, Towson University; "Radical Ignorance in Individual Decision Making: Assessing Austrian Subjectivism"; Carlo Zappa, University of Siena - Italy

Discussants:: David Harper, New York University; Edward J. Lopez, University of North Texas; Thomas McQuade, Trinity College

Sunday
10:30 - 12:15 p.m.
NAFE II

Session 32B
Symposium on the "Whole Time" Concept in Forensic Economics

Chairperson: Thomas R. Ireland, University of Missouri - St. Louis

Papers:: "Introduction to the Whole Time Concept"; John O. Ward, University of Missouri - Kansas City; "The Whole Time Concept in the Context of a Becker Utility Function"; James D. Rodgers, Pennsylvania State University; "Categories of Time Use for Forensic Economics"; Thomas R. Ireland, University of Missouri - St. Louis; "Is Lost Leisure Time Worth More than Lost Labor Time?"; Melville Z. Wolfson, University of New Orleans; "Who Knows Where Time Goes: Fair Conventions for Assessing Time Lost to Disability?"; Penelope Caragonne, Caragonne & Associates

Sunday, 1:30 - 3:15 p.m.

Session 33C*	School Segregation and Its Effects
Session 34C*	Labor Markets at Work
Session 35C*	Topics in Public Sector Economics
Session 36C	Friedman, Stigler, and Their Correspondence
Session 37C	Market for Physicians
Session 38C*	Empirical Studies II
Session 39C*	A Session in Honor of Charles Plott (featuring his former students)
Session 40C	R&D and Market Performance
Session 41C	Financial Economics I
Session 42C	Earnings Determination
Session 43C	Health Policy
Session 44C	Valuing Environmental Improvement
Session 45C*	Oklahoma Political Economy
Session 46C*	Issues in Monetary Policy
Session 47C	The Work of F.A. Hayek 100 Years After His Birth
Session 48C	Crime
Session 49C	Head-to-Head-to-Head: Al Close-Up View of Software Programs for Damage Calculations

Sunday
1:30 - 3:15 p.m.
SEA*

Session 33C*
School Segregation and Its Effects

Chairperson: Charles T. Clotfelter, Duke University

Papers:: "Are Whites Still 'Fleeing'? Racial Patterns and Enrollment Shifts in Urban Public Schools, 1987-1996"; Charles T. Clotfelter, Duke University; "A Further Examination of the Link Between Minority Suburbanization and Achievement"; John F. Kain, University of Texas - Dallas; Daniel M. O'Brien, University of Texas - Dallas; "Extracurricular Activities and Within-School Segregation"; William M. Rodgers III, College of William and Mary

Discussants:: William A. Darity, Jr., University of North Carolina - Chapel Hill; David L. Sjoquist, Georgia State University

Sunday
1:30 - 3:15 p.m.
SEA*

Session 34C*
Labor Markets at Work

Chairperson: Barry Hirsch, Florida State University

Papers:: "Unemployment Benefits and Joblessness: A Discrete Duration Model with Multiple Destinations"; John Addison, University of South Carolina; Pedro Portugal, Banco de Portugal; "The Partial De-Integration of Work Through the Use of Temporary and Leased Employees"; John Garen, University of Kentucky; "Wages, Racial Composition, and Quality Sorting in Labor Markets"; Barry Hirsch, Florida State University; David MacPherson, Florida State University

Discussants:: Darren Grant, Georgia Southern University; Julie L. Hotchkiss, Georgia State University; William R. Johnson, University of Virginia

Sunday
1:30 - 3:15 p.m.
SEA*

Session 35C*
Topics in Public Sector Economics

Chairperson: J.R. Clark, University of Tennessee - Chattanooga

Papers:: "On the Measurement of Rent Seeking and Its Social Opportunity Cost"; Martin Garrett, College of William and Mary; Russell S. Sobel, West Virginia University; "The Laffer Curve for Trust in Government"; J.R. Clark, University of Tennessee - Chattanooga; Dwight R. Lee, University of Georgia; "The Implicit Social Welfare Function of Statism: An Analytical Approach"; David E.R. Gay, University of Arkansas; "The Growth of Local Government Expenditures in the 19th Century"; Randall G. Holcombe, Florida State University; Donald J. Lacombe, Florida State University

Discussants:: Charles Baird, University of California - Hayward; Gordon L. Brady, George Mason University; E. Bruce Hutchinson, University of Tennessee - Chattanooga; James A. Marchand, Westminister College - Salt Lake City

Sunday
1:30 - 3:15 p.m.
SEA

Session 36C
Friedman, Stigler, and Their Correspondence

Chairperson: J. Robert Subrick, Emory University

Papers:: "Behind the Schenes of Chicago Price Theory: Friedman-Stigler Correspondence, 1946-1958"; Claire H. Hammond, Wake Forest University; J. Daniel Hammond, Wake Forest University; "Milton Friedman: Great Classical Liberal Political Economist"; Charles K. Rowley, George Mason University

Discussants:: David H. Eaton, Murray State University

Sunday
1:30 - 3:15 p.m.
SEA

Session 37C
Market for Physicians

Chairperson: Mary E. Deily, National Science Foundation

Papers:: "Estimating an Empirical Labor Supply Model of Physicians with Panel Data"; Douglas M. Brown, Georgetown University; "The Effects of Medical Professional Liability on Prices of Physician Services"; Karen S. Kmetik, American Medical Association; Sally C. Stearns, University of North Carolina - Chapel Hill; Gregory D. Wozniak, American Medical Association; "Estimates of Demand and Supply for Physician Services: A Panel Data Analysis"; A. Marvasti, University of Houston - Downtown; "The Effect of the Medical Malpractice Climate on Technical Efficiency in Physicians' Practices"; James Thornton, Eastern Michigan University

Discussants:: R. Morris Coats, Nicholls State University; Marshall Medoff, California State University - Long Beach

Sunday
1:30 - 3:15 p.m.
SEA*

Session 38C*
Empirical Studies II

Chairperson: Mary Beth Walker, Georgia State University

Papers:: "Selectivity Bias in Validation Studies of Academic Performance"; Matthew Cushing,; Mary McGarvey, University of Nebraska; "Series Estimation of Panel Count Data Regression Models with an Application to Patents and R&D Relationship"; Shifra Gurmu, Georgia State University; "Evaluating the Accurary of Firm Efficiency Measures from Stochastic Frontiers"; Dek Terrell, Louisiana State University; "Measurement Error Implications for Nonparametric Specification Tests"; Christopher R. Bollinger, University of Kentucky

Discussants:: Scott Atkinson, University of Georgia; Ahmatab Chandra, University of Kentucky; John Pepper, University of Virginia; Mary Beth Walker, Georgia State University

Sunday
1:30 - 3:15 p.m.
SEA*

Session 39C*
A Session in Honor of Charles Plott (featuring his former students)

Chairperson: Elizabeth Hoffman, University of Illinois - Chicago

Papers:: "TBA"; ,; "Dynamic Stability of Nash-Efficient Public Goods Mechanisms: Reconciling Theory and Experiments"; Yan Chen, University of Michigan; "New Results on Tournament Contracts in Asset Markets"; R. Mark Isaac, University of Arizona; Duncan James, University of Arizona; "Non-Speculative Bubbles in Experimental Asset Markets: Lack of Common Knowledge of Rationality vs. Actual Irrationality"; Charles Noussair, Purdue University; "TBA,"; Stuart Mestleman, McMaster University

Sunday
1:30 - 3:15 p.m.
IOS

Session 40C
R&D and Market Performance

Chairperson: Stephen Martin, University of Copenhagen

Papers:: "R&D, Foreign Direct Investment and Technology Sourcing?"; Catherine Y. Co, University of Central Florida; "Multimarket and Multiproject Contact in Research Joint Ventures"; Christopher Snyder, George Washington University; Nicholas S. Vonortas, George Washington University; "Competition Policy and Sequential Innovation"; Stephen Martin, University of Copenhagen

Sunday
1:30 - 3:15 p.m.
SEA

Session 41C
Financial Economics I

Chairperson: O. David Gulley, Bentley College

Papers:: "Debt Matters: Do Firms Really Maximize Profits When Financial Distress is a Possibility?"; Richard V. Butler, Trinity University; Scott M. Gilpatric, Texas A&M University; "Scale Economies in Credit Unions"; Harold O. Fried, Union College; C.A. Knox Lovell, University of New South Wales; Suthathip Yaisawarng, Union College; "The 1989-1992 Credit Crunch from a Micro Perspective"; Jill M. Hendrickson, University of the South; "Determinants of Bank Profitability: Derivatives, Diversification, and Cost Efficiency"; Adora D. Holstein, Robert Morris College

Discussants:: Jeffrey Gropp, West Virginia University; Devrim Yaman, University of New Orleans

Sunday
1:30 - 3:15 p.m.
SEA

Session 42C
Earnings Determination

Chairperson: J. Rody Borg, Jacksonville University

Papers:: "The Effect of Youth Criminal Activity on Adult Earnings"; Lisa R. Anderson, College of William and Mary; Ronald S. Warren, Jr., University of Georgia; "New Evidence of International Trade Effects on the Wages of Union and Nonunion Workers"; Allen K. Lynch, University of North Florida; Ben S. Shippen, Jr., Mercer University; "Quality and Price Effects in a Vertically Differentiated Duopoly with Wage Differentials"; Pamela M. Schmitt, Indiana University; "Equilibrium Shirking"; Lou Pantuosco, Winthrop University; Darrell Parker, Winthrop University

Discussants:: Robert E. Martin, Centre College; Kathleen Thomas, Georgia State University

Sunday
1:30 - 3:15 p.m.
SEA

Session 43C
Health Policy

Chairperson: Shawna Grosskopf, Oregon State University

Papers:: "Public Insurance and Crowd-Out: Who Do Public Hospitals Crowd Out?"; Kevin Rask, Colgate University; "Did Small-Group Health Insurance Reforms Work? Evidence from the March Current Population Survey1992-1997"; Kosali Ilayperuma Simon, University of Maryland; "Assessing Medicare Managed Care's Effect on Hospitalizations"; Richard Arnould, University of Illinois - Urbana-Champaign; Larry DeBrock, University of Illinois - Urbana-Champaign; Thomas L. Gift, Centers for Disease Control and Prevention; "The Effects of Medicaid on Maternal Depression on Prenatal Care and Infant Health"; Karen Smith Conway, University of New Hampshire; Lisa C. DeFelice, University of New Hampshire

Discussants:: Jodi Messer, University of Kentucky; Charles E. Scott, Loyola College

Sunday
1:30 - 3:15 p.m.
SEA

Session 44C
Valuing Environmental Improvement

Chairperson: Jill Caviglia, Salisbury State University

Papers:: "Single and Multiple Bound Valuation Questions"; William B. Clifford, North Carolina State University; Thomas L. Hoban, North Carolina State University; John C. Whitehead, East Carolina University; "Diagnosing Hypothetical Bias"; Samiran Banerjee, Georgia State University; James H. Murphy, Western Carolina University; "Mode and Population Effects in Experimental Applications of Contingent Valuation"; Kelly M. Brown, Georgia State University; "A Random Utility Model for Computing Compensating Variation in Recreational Boating"; Nicholas Stratis, Florida State University and Florida Department of Environmental Protection; Michael H. Thomas, Florida A&M University

Discussants:: Paul E. Chambers, Central Missouri State University; Denise Stanley, University of Tennessee

Sunday
1:30 - 3:15 p.m.
SEA*

Session 45C*
Oklahoma Political Economy

Chairperson: Kevin B. Grier, University of Oklahoma

Papers:: "Constitutional Crime and Punishment"; Dan Sutter, University of Oklahoma; "How Inequality Affects Growth"; Robin Grier, University of Oklahoma; "Informed Investors, Reformed Countries, and International Stock Market Linkages"; Kevin B. Grier, University of Oklahoma

Discussants:: Randakk S. Kroszner, University of Chicago

Sunday
1:30 - 3:15 p.m.
SEA*

Session 46C*
Issues in Monetary Policy

Chairperson: David VanHoose, University of Alabama

Papers:: "Expected Inflation and the Credibility of Monetary Policy"; James Cover, University of Alabama; "Financial Technology Shocks and the Case of the Missing M2"; John Duca, Federal Reserve Bank of Dallas; "Federal Funds Rate Target Changes and Interest Rate Volatility"; Jim Lee, Texas A&M University - Corpus Christie; "Monetary Policy in the Great Depression: The Role of the Monopoly Federal Reserve"; Mark Toma, University of Kentucky

Discussants:: Donald H. Dutkowsky, Syracuse University; George Selgin, University of Georgia; David VanHoose, University of Alabama; Mark Wheeler, Western Michigan University

Sunday
8:30 - 10:15 a.m.
SDAE I

Session 47C
The Work of F.A. Hayek 100 Years After His Birth

Chairperson: Bruce Caldwell, University of North Carolina - Greensboro

Papers:: "Rethinking the Market Process: The Implicit Economics of F.A. Hayek"; Karen I. Vaughn, George Mason University; "Individualism, Rational Choice, and Self-Interest: A Hayekian Approach"; Peter J. Boettke, George Mason University; David Prychitko, Northern Michigan University; "Blending Hayek and Rothbard on Liberty"; Christopher C. Klein, Tennessee Regulatory Authority

Discussants:: Roy Cordato, Campbell University; Wade Hands, University of Puget Sound; Mario Rizzo, New York University

Sunday
1:30 - 3:15 p.m.
SEA

Session 48C
Crime

Chairperson: John L. Scott, Northeast Louisiana University

Papers:: "Trap Theory and Its Applications -- Solutions to Eliminiate Corruption and Other Illegal Transactions"; Jin Wang, Emory University; "Private Responses to Crime: Prevention Elasticities and Thresholds"; David A. Anderson, Centre College; "When is Honesty the Best Policy?"; Lisa R. Anderson, College of William and Mary; Sarah L. Stafford, College of William and Mary; "A Game-Theoretic Analysis of Pre-emptive Confession in Criminal Courts"; J. Isaac Brannon, University of Wisconsin - Oshkosh; David R. Schmidt, Indiana University

Discussants:: Gene LeBrenz, Florida Southern College; Melayne Morgan McInnes, University of South Carolina

Sunday
1:30 - 3:15 p.m.
NAFE III

Session 49C
Head-to-Head-to-Head: Al Close-Up View of Software Programs for Damage Calculations

Chairperson: George A. Schieren, Appalachian State University

Panelists:: "PC-Economist"; Mel C. Fredlund, Advocate Software; "Personal Injury Loss Calculator"; John Staub, Staub and Associates, Inc.; "PPC's Personal Damages Specialist"; Shannon Shipp, Floyd Durham & Associates, L.L.C.; Allyn Needham, Floyd Durham & Associates, L.L.C.

Monday, 8:30 - 10:15 a.m.

Session 55F*	Graduate Economics Education
Session 56F	Welfare Policy
Session 57F	Environmental Policy
Session 58F	Topics in Microeconomics
Session 59F*	Oxford Economic Papers I
Session 60F*	Transition Issues in Electric Restructuring
Session 61F*	Experimental Economics: Auctions
Session 62F*	Current Issues in Labor Economics
Session 63F	Offshore Oil and Gas Development Issues
Session 64F	Money and Interest Rates
Session 65F*	Defense Acquisition Markets
Session 66F	Life-Cycle Models
Session 68F	What's On the Internet for Economists: An Update
Session 69F	Public Choice
Session 70F	An Austrian View of Urban and Regional Economics
Session 71F	Empirical Analyses of Markets with Asymmetric Information
Session 72F*	Teaching Economics
Session 73F*	International Environmental Issues

Monday
8:30 - 10:15 a.m.
SEA*

Session 55F*
Graduate Economics Education

Chairperson: Edgar Olsen, University of Virginia

Papers:: "The Salaries of New Ph.D.'s in Economics"; John J. Siegfried, Vanderbilt University; Wendy A. Stock, Kansas State University; "Creeping Toward the Ph.D. in Economics"; John J. Siegfried, Vanderbilt University; Wendy A. Stock, Kansas State University; "Getting Into Graduate School: Applications, Admissions, Acceptances, and Enrollments in Economics Graduate Programs"; C. Elton Hinshaw, Loyola College; Charles E. Scott, Loyola College

Discussants:: Robert Driskill, Vanderbilt University; Jonathan H. Hamilton, University of Florida; Robert Schwab, University of Maryland

Monday
8:30 - 10:15 a.m.
SEA

Session 56F
Welfare Policy

Chairperson: Karen Smith Conway, University of New Hampshire

Papers:: "Geographic Variation in SSI and AFDC Recipiency: What is the Role of Non-Program Factors?"; Hayden Brown, National Institute of Standards and Technology; William H. Hoyt, University of Kentucky; Frank Scott, University of Kentucky; "Determinants of AFDC Caseloads: How Have Exit and Take-Up Rates Been Affected by Welfare Reform?"; Traci L. Mach, Ohio State University; "AFDC Payments and the Spread of AIDS"; Rand W. Ressler, University of Southwestern Louisiana; Melissa S. Waters, University of Southwestern Louisiana; John K. Watson, University of Southwestern Louisiana; "Income Inequality and Health Status in the United States: Evidence from the Current Population Survey"; Jennifer M. Mellor, College of William and Mary; Jeff Milyo, Tufts University

Discussants:: Marvin E. Dodson III, West Virginia University; Adora D. Holstein, Robert Morris College

Monday
8:30 - 10:15 a.m.
SEA

Session 57F
Environmental Policy

Chairperson: Paul E. Chambers, Central Missouri State University

Papers:: "Cost-Dependent Environmental Policy Instrument Choice: Determining the Relative Efficiency of Regulatory Regimes"; Daniel H. Cole, Indiana University School of Law; Peter Z. Grossman, Butler University; "Does Tennessee's Greenbelt Program Really Maintain Forest Cover?"; Robert R Gottfried, The University of the South; "International Productivity Growth with CO2 as an Undesirable Output"; Gale A. Boyd, Argonne National Laboratory; Rolf Färe, Oregon State University; Shawna Grosskopf, Oregon State University; "Accounting for Air Pollution Emissions in Measures of State Manufacturing Productivity Growth"; Rolf Färe, Oregon State University; Shawna Grosskopf, Oregon State University; Carl Pasurka, Jr., U.S. Environmental Protection Agency

Discussants:: Irma Gomez, Instituto Tecnologico y de Estudios Superiores de Monterrey; Kevin Rask, Colgate University

Monday
8:30 - 10:15 a.m.
SEA

Session 58F
Topics in Microeconomics

Chairperson: Clarence C. Morrison, Indiana University - Bloomington

Papers:: "Introduction of New Products and Price Markups"; Kostas Axarloglou, Babson College; "The Law of Supply and Demand Reconsidered"; M. Northrup Buechner, Tennessee Regulatory Authority; "Long-Run Equilibrium Relationship Between Nonrenewable Resource Prices and Interest Rate"; Seung Won Kang, Woosong University; Wankeun Oh, Hannam University

Discussants:: A. Marvasti, University of Houston - Downtown

Monday
8:30 - 10:15 a.m.
SEA*

Session 59F*
Oxford Economic Papers I

Chairperson: William F. Shughart II, University of Mississippi

Papers:: "The Racism of Rubbish, Pollution, and Poverty: An Analysis of Hazardous Toxic Emissions in Mississippi"; Jim F. Couch, University of North Alabama; Peter M. Williams, University of North Alabama; Lewis H. Smith, University of Mississippi; "Main Street, Wall Street, or Madison Avenue: Who Pays the Assessment Penalty?"; N. Keith Womer, University of Mississippi; "Constrained Fixed Effects Models for Panel Data with Few Time Observations"; Scot Gilbert, University of Mississippi; "On the Third Law of Demand"; Laura Razzolini, University of Mississippi; William F. Shughart II, University of Mississippi; Robert D. Tollison, University of Mississippi

Discussants:: Atin Basu, Virginia Military Institute; Katherine Daigle, University of Mississippi

Monday
8:30 - 10:15 a.m.
SEA*

Session 60F*
Transition Issues in Electric Restructuring

Chairperson: David E. Dismukes, Louisiana State University

Papers:: "Parametric and Nonparametric Approaches to Measuring Electric Generation Efficiency"; David E. Dismukes, Louisiana State University; Qiaozhen "Lucy" Zhu, Louisiana State University; "Imperfect Markets for Electric Power: A Dominant/Fringe Approach"; Laura D. Speake, Alabama Power Company; Marc L. Ulrich, Georgia Power Company; "The Case for Denying Stranded Cost Recovery in the Electric Utility Industry"; Michael T. Maloney, Clemson University; "The Legal Rationale for Denying Stranded Costs"; Fred S. McChesney, Cornell University School of Law

Monday
8:30 - 10:15 a.m.
SEA*

Session 61F*
Experimental Economics: Auctions

Chairperson: David Porter, University of Arizona

Papers:: "Economics of Trading Delays"; Sheryl Ball, Virginia Polytechnic Institute and State University; Rob Gilles, Virginia Polytechnic Institute and State University; "Risk Mitigation: Individual and Market Behavior"; Jamie Brown Kruse, Texas Tech University; Kevin Simmons, Oklahoma City University; "Programming Economic Experiments Using the Java Shared Data Toolkit: Applications to Auction Markets"; A. Sinan Unur, Cornell University

Discussants:: Charles Noussair, Purdue University; Renate Schubert, Institute für Wirtschaftsforschung; David Porter, University of Arizona

Monday
8:30 - 10:15 a.m.
SEA*

Session 62F*
Current Issues in Labor Economics

Chairperson: Ronald S. Warren, Jr., University of Georgia

Papers:: "Characteristics of Good Job Matches for CEOs"; Sam Allgood, University of Nebraska; Kathleen Farrell, University of Nebraska - Lincoln; "Is It Harder to Soar with Eagles When You Work with Turkeys?"; Kevin J. Fox, University of New South Wales; Ross Milbourne, University of Adelaide; "Has the Union Wage Premium Really Remained Constant?"; Barry Hirsch, Florida State University; Edward J. Schumacher, East Carolina State University

Discussants:: KimMarie McGoldrick, University of Richmond; Madeline Zavodny, Federal Reserve Bank of Atlanta

Monday
8:30 - 10:15 a.m.
SEA

Session 63F
Offshore Oil and Gas Development Issues

Chairperson: ,

Papers:: "Forecasting the Number of Offshore Structures on the U.S. Gulf of Mexico OCS"; Omowumi O. Iledare, Louisiana State University; Dmitry Mesyanzhinov, Louisiana State University; Allan G. Pulsipher, Louisiana State University; Qiaozhen "Lucy" Zhu, Louisiana State University; "Economic and Political Aspects of the Disposition of Retired Offshore Oil and Gas Platforms"; William B. Daniel IV, Louisiana State University; Allan G. Pulsipher, Louisiana State University; "Technology and the Exploratory Success Rate in the U.S. Offshore"; Kevin F. Forbes, Catholic University of America; Ernest M. Zampelli, Catholic University of America; "Sources of Change in Productivity of Petroleum Exploration on the U.S. Gulf of Mexico OCS"; Omowumi O. Iledare, Louisiana State University; Dmitry Mesyanzhinov, Louisiana State University; William O. Olatubi, Louisiana State University; Allan G. Pulsipher, Louisiana State University

Monday
8:30 - 10:15 a.m.
SEA

Session 64F
Money and Interest Rates

Chairperson: W. Douglas McMillin, Louisiana State University

Papers:: "The Changing Influence of Money Supply and Employment Report Announcements on Long-Term Interest Rates"; Adrienne A. Kearney, University of Maine; "Credit Cards, Economization of Money, and Interest Rates"; Frank G. Steindl, Oklahoma State University; "Trade Structure of Term Interest Rates and the Inflation Risk Premium"; Osman Suliman, Millersville University; "The Founding of the Fed and the Term Structure of Interest Rates: Tests Incorporating Time Varying Risk Premia"; Michael Toma, Armstrong Atlantic State University

Discussants:: Dale S. Bremmer, Rose-Hulman Institute of Technology; Christian E. Weber, Seattle University

Monday
8:30 - 10:15 a.m.
SEA*

Session 65F*
Defense Acquisition Markets

Chairperson: Raymond E. Franck, USAF Academy

Papers:: "Enhancing Efficiency in Acquisition Duopoly Markets"; R. David Mullin, USAF Academy; Bruce Linster, USAF Academy; "The Evolution of Stopping Rules and Bidding Functions in Research Tournaments"; Bruce Linster, USAF Academy; James West, USAF Academy; "Using Auctions to Reward Research Tournament Winners: Experimental Results"; Richard Fullerton, U.S. Department of Defense; Bruce Linster, USAF Academy; Stephen Slate, USAF Academy; Michael McKee, University of New Mexico

Discussants:: Raymond E. Franck, USAF Academy; Steve Green, USAF Academy; Michael McKee, University of New Mexico; Neal Rappaport, USAF Academy

Monday
8:30 - 10:15 a.m.
SEA

Session 66F
Life-Cycle Models

Chairperson: Vikram Kumar, Davidson College

Papers:: "Capital Inflow, Life-Cycle Savings and Investment"; David Y. Chen, North Carolina A&T State University; "Mental Accounts and Consumption: An Empirical Test of the Behavioral Life-Cycle Model"; Fred C. Graham, American University; Daniel Himarios, University of Texas - Arlington

Discussants:: Lawrence W. Lovik, Troy State University

Monday
8:30 - 10:15 a.m.
SEA

Session 68F
What's On the Internet for Economists: An Update

Chairperson: William L. Goffe, University of Southern Mississippi

Participants:: George Greenwade, Sam Houston State University; Robert P. Parks, Washington University

Monday
8:30 - 10:15 a.m.
SEA

Session 69F
Public Choice

Chairperson: Lisa C. DeFelice, University of New Hampshire

Papers:: "An Economic Analysis of Expressive Voting"; Cassandra Copeland, Auburn University; David N. Laband, Auburn University; "Hard Heads, Hard Hearts? Voting on the Immigration in the the National Interest Act of 1996"; Jorge G. Gonzalez, Trinity University; Nipoli Kamdar, Trinity University; "Can By-product Lobbying Firms Compete?"; Paul Pecorino, University of Alabama; "Precautionary Savings and the Public Sector: An Election Cycle Hypothesis"; Gary A. Wagner, West Virginia University

Discussants:: Mary O. Borg, University of North Florida; Richard D. McGrath, Armstrong Atlantic State University

Monday
8:30 - 10:15 a.m.
SDAE III

Session 70F
An Austrian View of Urban and Regional Economics

Chairperson: Sanford Ikeda, Purchase College

Papers:: "A Neo-Austrian View of Regional Planning"; Robert Formaini, Federal Reserve Bank of Dallas; "The Problem of Lock-In"; Anthony Woodlief, Koch Industries; "Urban Diversity and the Processes of Intersectoral Diffusion"; Pierre Desrochers, University of Montreal; "The Many Meanings of 'Unintended Consequences': Some Conceptual Clarifications"; Stephan Boehm, University of Graz - Austria

Discussants:: Martin Jourdenais, University of Montreal; Nicola Tynan, George Mason University

Monday
8:30 - 10:15 a.m.
SEA

Session 71F
Empirical Analyses of Markets with Asymmetric Information

Chairperson: Thomas L. Gift, Centers for Disease Control and Prevention

Papers:: "How Does Firm Reputation Affect FDA Approval Time for New Drugs?"; Angela B. Ritzert, U.S. Senate Joint Economic Committee; "Equity Responses to Automobile Recalls"; Nicholas Rupp, Texas A&M University; "Inflation and Increasing Profit Margins"; Carl R. Gwin, Babson College; "Evidence on the Influence of Suggested Price on Bids, When Buyers and Sellers Cannot Identify Each Other"; Richard Guy Cox, University of Tennessee

Discussants:: Tanja F. Blackstone, Navy Personnel Research and Development Center; Douglas B. Redington, Elon College

Monday
10:30 - 12:15 p.m.
SEA*

Session 72F*
Teaching Economics

Chairperson: Kenneth G. Elzinga, University of Virginia

Papers:: "Using Cases to Teach Economics"; Stephen Buckles, Vanderbilt University; "Integrating Student Writing into Economics Instruction"; W. Lee Hansen, University of Wisconsin - Madison; "Using Interactive Experiements to Teach Economics"; Charles A. Holt, University of Virginia; "Student Enrollment in Economics Courses: Trends and Explanations"; John J. Siegfried, Vanderbilt University

Discussants:: ,

Monday
10:30 - 12:15 p.m.
SEA*

Session 73F*
International Environmental Issues

Chairperson: Jill Caviglia, Salisbury State University

Papers:: "Mercosul and Change in Natural Landscapes in South America"; Alexandre Rivas, Universidade do Amazons and Fundacao Getulio Vargas; Fundacao Getulio Vargas, Universidade de Santa Ursala and World Bank; "The Emission Impacts of Industrial Activities on the Brazilian Export Complex"; Carlos Eduardo Frickmann Young, Universidade Federal do Rio de Janeiro; "The Potential of Joint Implementation Given Alternative CO2 Limitations"; Dina Francheschi, Fairfield University; James R. Kahn, University of Tennessee; "Land Degradation and Sustainability of Agricultural Growth: Some Developing Country and Eastern European Evidence"; Fred J. Hitzhusen, Ohio State University

Discussants:: G.S. Haripriya, Indira Gandhi Institute of Development Research

Monday, 10:30 - 12:15 p.m.

Session 74G*	The Forward Premium Puzzle and Exchange Rate Determination
Session 75G*	Bayesian Estimation
Session 76G*	Oxford Economic Papers II
Session 77G*	Issues in Electric Restructuring
Session 78G*	Experimental Economics: Risk and Uncertainty
Session 79G	Theoretical and Applied Issues in Industrial Organization
Session 80G	Monetary and Banking Policies
Session 82G	Health Economics
Session 83G	Interdependent Econmics
Session 84G	Empirical Analyses of Imperfectly Competitive Markets
Session 85G	Choice Experiments
Session 86G	Public Economics I
Session 87G	The Economics of W.H. Hutt 100 Years After His Birth
Session 88G	International Economics and Finance Society

Monday
10:30 - 12:15 p.m.
SEA*

Session 74G*
The Forward Premium Puzzle and Exchange Rate Determination

Chairperson: Robert Driskill, Vanderbilt University

Papers:: "The Forward Premium Puzzle"; Nelson Mark, Ohio State University; "Rethinking an Old Empirical Puzzle: Econometric Evidence on the Forward Discount Anomaly"; Alex Maynard, Yale University; P.C.B. Phillips,; "Endogenous Variability in Currency Risk Premiums"; John A. Carlson, Purdue University; Carol Osler,

Discussants:: ,

Monday
10:30 - 12:15 p.m.
SEA*

Session 75G*
Bayesian Estimation

Chairperson: Lee C. Adkins, Oklahoma State University

Papers:: "Including Prior Information in Probit Model Estimation"; William E. Griffiths, University of New England - Australia; Chris O'Donnell, University of New England - Australia; R. Carter Hill, Louisiana State University; "The Risk of the Inequality Restricted Bayesian Probit Estimator"; R. Carter Hill, Louisiana State University; Asli Ogunc, Louisiana State University; Dek Terrell, Louisiana State University; "Bayesian Model Selection Procedures: An Application in Urban Economics"; Lee C. Adkins, Oklahoma State University; Ronald L. Moomaw, Oklahoma State University; Eric Tien, Oklahoma State University; "Inequality Restricted Bayesian Estimation of Production Functions for Regional Computable General Equilibrium Modeling"; Lee C. Adkins, Oklahoma State University; Abid Hameed, Oklahoma State University; Dan Rickman, Oklahoma State University

Discussants:: Tom Fomby, Southern Methodist University; R. Carter Hill, Louisiana State University; R. Kelley Pace, Louisiana State University; Dek Terrell, Louisiana State University

Monday
10:30 - 12:15 p.m.
SEA*

Session 76G*
Oxford Economic Papers II

Chairperson: William F. Shughart II, University of Mississippi

Papers:: "Experiemental Study of Treasury Auction Mechanisms"; Yvonne Durham, University of Arkansas; Mark V. Van Boening, University of Mississippi; "Application of Financial Economics to Managing Network Resources"; Katherine Daigle, University of Mississippi; "Tital Agonistes: The Wealth Effects of the Standard Oil (N.J.) Case"; Atin Basu, Virginia Military Institute; William F. Shughart II, University of Mississippi; Robert D. Tollison, University of Mississippi

Discussants:: Jim F. Couch, University of North Alabama; Peter M. Williams, University of North Alabama

Monday
10:30 - 12:15 p.m.
SEA*

Session 77G*
Issues in Electric Restructuring

Chairperson: Andy H. Barnett, Auburn University

Papers:: "Elected versus Appointed Public Utility Commissioners: Will It Make Any Difference in a Deregulated Environment?"; John P. Formby, University of Alabama; Banamber Mishra, McNeese State University; Paul Thistle, University of Nevada - Las Vegas; "Measuring Market Power in the Market for Electricity"; Narin Smith, Auburn University; "The Impact of Interstate Trade on Price Adjustments in a Restructured Electric Industry"; Andy H. Barnett, Auburn University; Henry Thompson, Auburn University; "Regulatory Opportunism and Investment Behavior: Evidence from the Electric Utility Industry"; Thomas Lyons, Indiana University

Discussants:: Justin Isaacs, Auburn University; Banamber Mishra, McNeese State University; Ronald P. Wilder, University of South Carolina

Monday
10:30 - 12:15 p.m.
SEA*

Session 78G*
Experimental Economics: Risk and Uncertainty

Chairperson: Catherine Eckel, Virginia Polytechnic Institute and State University

Papers:: "A Behavioral Model of Systematic Deviations from Optimality in Multi-Armed Bandit Problems"; Christopher M. Anderson, California Institute of Technology; "Eliciting Values of Risky Assets"; Christina Fong, Washington University; Kevin McCabe, University of Arizona; "Laboratory Tests of Survey Methods of Eliciting Risk Attitudes"; Jamie Brown Kruse, Texas Tech University; Ozlem Ozdemir, Texas Tech University; "Gender Specific Attitudes Towards Risk and Ambiguity: An Experimental Investigation"; Hans Wolfgang Brachinger,; Martin Brown,; Matthias Gysier,; Renate Schubert, Institute für Wirtschaftsforschung

Discussants:: Stephanie Brewer, Indiana University of Pennsylvania; David J. Cooper, Case Western Reserve University; Catherine Eckel, Virginia Polytechnic Institute and State University; Jacob K. Goeree, University of Virginia

Monday
10:30 - 12:15 p.m.
SEA

Session 79G
Theoretical and Applied Issues in Industrial Organization

Chairperson: ,

Papers:: "A New Price Test for Antitrust Market Definition"; Edward Flaherty, College of Charleston; "In Support of Trigger Strategies: Experimental Evidence from Two-Person Noncooperative Games"; Charles F. Mason, University of Wyoming; Owen R. Phillips, University of Wyoming

Monday
10:30 - 12:15 p.m.
SEA

Session 80G
Monetary and Banking Policies

Chairperson: Saranna Thornton, Hampden-Sydney College

Papers:: "Has Deregulation Altered the Interest Sensitivity of Residential Investment? An Empirical Investigation of Residential investment and Interest Rates"; Tricia Coxwell, University of Tennessee; "Indirectly Convertible Laissez-Faire Currency and Price Stability: A Reconsideration"; William Gissy, Morehouse College; "Asymmetric Effects of Monetary Policy on Bank Loans"; Ruby P. Kishan, Southwest Texas State University; Timothy P. Opiela, University of the Pacific and DePaul University

Discussants:: James L. Butkiewicz, University of Delaware; Neven Valev, Georgia State University

Monday
10:30 - 12:15 p.m.
SEA

Session 82G
Health Economics

Chairperson: Douglas M. Brown, Georgetown University

Papers:: "Improving Access to Health Care: Patient Selection, Prospective Payments and Discriminatory Subsidies"; Benjamin F. Blair, Mississippi State University; Karen M. Travis, Pacific Lutheran University; "Option Framing Effects on Decision Making in the Health Industry"; Frederick W. Derrick, Loyola College; Charles E. Scott, Loyola College; "Capitated Payment Systems: Provider Incentives and Patient Care"; Pamela B. Peele, University of Pittsburgh; David J. Tollerud, MCP Hahnemann University

Discussants:: Gary D. Ferrier, University of Arkansas; Angela B. Ritzert, U.S. Senate Joint Economic Committee

Monday
10:30 - 12:15 p.m.
SEA

Session 83G
Interdependent Econmics

Chairperson: Joe C. Davis, Trinity University

Papers:: "Currency Substitution, Monetary Policies, and Banking and Currency Crises in Interdependent Economies"; Joseph Daniels, Marquette University; David VanHoose, University of Alabama; "International Interdependence and Business Cycle Transmission in Latin America"; David D. Selover, Old Dominion University; "Long Run Relationships and Cycles in ASEAN Stock Markets"; Subhash C. Sharma, Southern Illinois University - Carbondale; Praphan Wongbangpo, Southern Illinois University; "Technical Analysis and Financial Turbulences"; Stephan Schulmeister, Austrian Institute of Economic Research

Discussants:: Cynthia Royal Tori, Valdosta State University; Bin Xu, University of Florida

Monday
10:30 - 12:15 p.m.
SEA

Session 84G
Empirical Analyses of Imperfectly Competitive Markets

Chairperson: Simon P. Anderson, University of Virginia

Papers:: "Dynamic Increasing Returns, Lock-in and Competition Policy: An Empirical Look at the Craft Brewers versus the Major Brewing Industry"; Henry E. Kilpatrick, Jr., George Mason University; "The Minimum Markup Law and Gas Prices in Wisconsin: Empirical Evidence"; J. Isaac Brannon, University of Wisconsin - Oshkosh; Frank Kelly, State Tax Board - Indiana; "Identifying a Dominant Firm's Market Power Among Sellers of a Homogeneous Product: An Application to Alcoa"; Sheng-Ping Yang, LeTourneau University

Discussants:: Nicolas Gutierrez, Instituto Tecnologico y de Estudios Superiores de Monterrey; Carl R. Gwin, Babson College

Monday
10:30 - 12:15 p.m.
SAPPCREE II

Session 85G
Choice Experiments

Chairperson: John C. Whitehead, East Carolina University

Papers:: "Laboratory Valuation Using a Second-Price Auction with an Outside Option"; Todd Cherry, University of Wyoming; Jason F. Shogren, University of Wyoming; Peter Frykblom, SLU - Sweden; John A. List, University of Central Florida; Melonie Williams, U.S. Environmental Protection Agency; "Experimental Tests and Non-market Valuation"; Laura Taylor, Georgia State University; "Heterogeneous Preferences and Choice Experiments: Estimating the Willingness to Pay for Reducing Acid Deposition Injuries to Cultural Resources"; Edward Morey, University of Colorado - Boulder; Kathleen Greer Rossmann, Birmingham-Southern College; "Mechanism Effects and the CVM: Using Experimental Markets to Condition Survey Responses"; David Brookshire, University of New Mexico; Robert P. Berrens, University of New Mexico; Alok K. Bohara, University of New Mexico; Phillip Ganderton, University of New Mexico; Hank Jenkins-Smith, University of New Mexico; Michael McKee, University of New Mexico; Steven Stewart, University of Tennessee

Discussants:: Alok K. Bohara, University of New Mexico; Mark Dickie, University of Southern Mississippi; Pete Schuhmann, University of Richmond

Monday
10:30 - 12:15 p.m.
SEA

Session 86G
Public Economics I

Chairperson: Gary A. Wagner, West Virginia University

Papers:: "Property Taxation and Local Public Spending: The Renter Effect"; Wallace E. Oates, University of Maryland; "A Multi-Region Computational General Equilibrium Model for Estimating the Excess Burden of State Taxes"; Florenz Plassmann, Virginia Polytechnic Institute and State University; T. Nicolaus Tideman, Virginia Polytechnic Institute and State University; "Beyond Pareto: Growth, Efficiency, and Exchange"; J. Robert Subrick, Emory University; Andrew T. Young, Emory University

Discussants:: Mingtao Chen, University of Ottawa; Darrell Parker, Winthrop University

Monday
10:30 - 12:15 p.m.
SDAE IV

Session 87G
The Economics of W.H. Hutt 100 Years After His Birth

Chairperson: Richard Ebeling, Hillsdale College

Papers:: "Say's Law and Unemployment"; Richard Ebeling, Hillsdale College; "William Hutt and the Economics of Apartheid"; Peter Lewin, University of Texas - Dallas; "On the Character and Social Contribution of Economists"; Daniel B. Klein, Santa Clara University; "Hutt vs. Keynes"; William Butos, Trinity College

Discussants:: Charles Baird, University of California - Hayward; Guido Hulsmann,

Monday
10:30 - 12:15 p.m.
IEFS

Session 88G
International Economics and Finance Society

Chairperson: Henry Thompson, Auburn University

Papers:: "Status and Macroeconomic Development"; Walt Fisher, Institute for Advanced Studies; "The Effects of Investment on Economic Growth: An Empirical Study"; Michael Panik, University of Hartford; Farhad Rassekh, University of Hartford; "Trade or Technology? Why not Both? Evidence on Technology Choice, Wage Inequality, and International Trade"; Raymond Robertson, Syracuse University; "Oligopoly and Trade: What, How Much, and for Whom"; Roy Ruffin, University of Houston

Monday, 1:30 - 3:15 p.m.

Session 89H*	Alternative Non-Market Valuation
Session 90H*	Reforms in School Finance
Session 91H*	Empirical Studies on Entry
Session 92H*	Depression and Recovery
Session 93H*	Regulation and Public Choice
Session 95H*	Experimental Games
Session 96H*	Tropics in International Trade
Session 97H	Urban Economics
Session 99H	Hospital Productivity
Session 100H	History of Economic Thought
Session 101H	Monetary Economics
Session 102H	Non-market Valuation Methods
Session 103H	Topics in Labor Economics
Session 104H*	Session in Honor of S. Charles Maurice
Session 105H*	Intergroup Disparity from a Cross-National Perspective - Roundtable Discussion

Monday
1:30 - 3:15 p.m.
SEA*

Session 89H*
Alternative Non-Market Valuation

Chairperson: Steven Stewart, University of Tennessee

Papers:: "Response Bias in Conjoint Analysis"; Kevin Boyle, University of Maine; Tom Holmes, U.S. Forest Service; "Measuring Values of Water Quality Programs Using Budget Choices"; Glenn C. Blomquist, University of Kentucky; Michael A. Newsome, Marshall University; D. Brad Stone, Commonwealth of Kentucky; "Comparison of Multiple Bounded, Double Bounded, Single Bounded and Open Ended Estimates of WTP for Preserving Agricultural Landscapes"; Sandra Notaro, University of Catania - Italy; Giovanni Signorello, University of Catania - Italy; "Can Expressions of Altruistic Preferences by Triggered in Valuation Surveys?"; Thomas Bue Bjorner, AKF - Institute of Local Government Studies - Denmark; Inger Brisson, University of Edinburgh - Scotland; Christopher D. Clark, Vanderbilt Institute for Public Policy Studies; Molly Hadly Jensen, Vanderbilt Institute for Public Policy Studies; Clifford S. Russell, Vanderbilt Institute for Public Policy Studies; Alex Dubgaard, Royal Veterinary and Agricultural University - Denmark

Discussants:: Glenn C. Blomquist, University of Kentucky; Christopher D. Clark, Vanderbilt Institute for Public Policy Studies; Tom Holmes, U.S. Forest Service; Giovanni Signorello, University of Catania - Italy

Monday
1:30 - 3:15 p.m.
SEA*

Session 90H*
Reforms in School Finance

Chairperson: Eugenia F. Toma, University of Kentucky

Papers:: "Education Vouchers, School Competition, and Cram-Skimming"; David Figlio, University of Florida; "The Income Effect of Merit-Based Financial Aid"; Christopher Cornwell, University of Georgia; David B. Mustard, University of Georgia; "Home Schooling as an Alternative to Public or Private Schooling"; Robert Houston, University of Kentucky; Eugenia F. Toma, University of Kentucky; "Wage Premium to High School Graduation"; Frank Joshua Winicki, University of Oregon

Monday
1:30 - 3:15 p.m.
SEA*

Session 91H*
Empirical Studies on Entry

Chairperson: Robert M. Feinberg, American University

Papers:: "Certificate of Need Regulation and Hospital Competition in a Medical Arms Race"; Gary M. Fournier, Florida State University; Edward J. Schumacher, East Carolina State University; "Do Liquidity Constraints Constrain Entry?"; David Audretsch, Indiana University; Juergen Weigand, University of Erlangen Nuernberg - Germany; "Entry and Turnover in the Software Industry"; Kenneth G. Elzinga, University of Virginia; David Mills, University of Virginia; "Entry, Growth, and Exit in the Higher Education Industry"; John Kwoka, George Washington University

Discussants:: Donald L. Alexander, Western Michigan University; David I. Rosenbaum, University of Nebraska - Lincoln; Roger Sherman, University of Virginia

Monday
1:30 - 3:15 p.m.
SEA*

Session 92H*
Depression and Recovery

Chairperson: Frank G. Steindl, Oklahoma State University

Papers:: "Henry Calvert Simons and the Quality Theory of Money"; Hugh Rockoff, Rutgers University; "Further Evidence of Non-monetary Effects on the U.S. Economy During the Great Depression"; Joseph R. Mason, Drexel University; Ali Anari, Texas A&M University; James Kolari, Texas A&M University; "On the 'Incompleteness' of the 1930s Recovery"; Frank G. Steindl, Oklahoma State University; "What Did the Fed Know? Money Supply Theory and the Great Depression"; Elmus R. Wicker, Indiana University

Discussants:: Thomas E. Hall, Miami University; Robert Higgs, University of Seattle

Monday
1:30 - 3:15 p.m.
SEA*

Session 93H*
Regulation and Public Choice

Chairperson: William C. Wood, James Madison University

Papers:: "Hangover Without the Party: The Impact of Theoretical Drug-Price Controls on Pharmaceutical R&D Expenditure"; David W. Kreutzer, James Madison University; William C. Wood, James Madison University; "Does School Choice Empower Teachers? The Impact of Competition on Public School Governance"; Frederick Hess, University of Virginia; Scott Milliman, University of Virginia; Robert Maranto, Federal Executive Institute; "Department of Justice Antitrust Enforcement: A Principal-Agent Model"; Michelle A. Vachris, Christopher Newport University; "Regulatory Intent and Efficacy: An Examination of State Commission Regulation of the Electric Utility Industry"; Philip S. Heap, University of Virginia and James Madison University

Discussants:: Theresa S. Honeycutt, Shenandoah University; Kwadwo Bawuah, Virginia State University

Monday
1:30 - 3:15 p.m.
SEA*

Session 95H*
Experimental Games

Chairperson: Jamie Brown Kruse, Texas Tech University

Papers:: "Words, Deeds, and Lies"; John Duffy, University of Pittsburgh; Nick Feltovich, University of Houston; "Models of Noisy Introspection: An Application to One-Shot Games"; Jacob K. Goeree, University of Virginia; Charles A. Holt, University of Virginia; "Is Fairness Learned? An Experimental Study"; David J. Cooper, Case Western Reserve University; Carol Kraker, University of Pittsburgh

Discussants:: Christopher M. Anderson, California Institute of Technology; Jamie Brown Kruse, Texas Tech University; David Lucking-Reiley, Vanderbilt University

Monday
1:30 - 3:15 p.m.
SEA*

Session 96H*
Tropics in International Trade

Chairperson: Craig Schulman, University of Arkansas

Papers:: "Economies of Exporting and the Choice of Trade Partners and Trade Policies"; Wolfgang Mayer, University of Cincinnati; "Conventional Unilaterialism Followed by Aggressive Unilateralism: Or How to Gradually Learn to Love Free Trade Agreements"; Richard Chisik, University of Connecticut; "External Tariff Preferences, Distribution Rules, and the Balance of Power in Customs Unions"; Costas Syropoulas, Florida International University; Eric Bond, Pennsylvania State University; Raymond Riezman,

Discussants:: Richard Chisik, University of Connecticut; Barbara Craig, Oberlin College; Craig Schulman, University of Arkansas

Monday
1:30 - 3:15 p.m.
SEA

Session 97H
Urban Economics

Chairperson: Martin Williams, Northern Illinois University

Papers:: "Manufacturing Productivity Growth in Metropolitan Areas"; Gasper A. Garofalo, University of Akron; "The Comparative Cost of Privatized Public School Transportation in Tennessee"; E. Bruce Hutchinson, University of Tennessee - Chattanooga; Leila J. Pratt, University of Tennessee - Chattanooga; "Does Magic Johnson Have It Right? An Investigation of the Impact of Race and Income on the Location of Movie Theaters in the Atlanta Metropolitan Area"; Glenwood Ross II, Morehouse College; "Can Cost Effective Policies be Found for Safe Minimum Standards?"; Keith Willett, Oklahoma State University

Discussants:: Sandra Hanson McPherson, Georgia Southern University; Florenz Plassmann, Virginia Polytechnic Institute and State University

Monday
1:30 - 3:15 p.m.
SEA

Session 99H
Hospital Productivity

Chairperson: Vivian G. Valdmanis, University of Oklahoma

Papers:: "Costs and Characteristics of Best-Practice Hospitals"; Mary E. Deily, National Science Foundation; Niccie L. McKay, University of Florida; "Hospital Productivity Measurement: Comparing Results from a Non-parametric and Parametric Approach"; Gary D. Ferrier, University of Arkansas; Vivian G. Valdmanis, University of Oklahoma; "Does the Implementation of Information Technology Within Hospitals Improve Patient Outcomes?"; Patricia L. Ryan, Midway College; "The Effects of Acuity and Utilization on Nebraska Nursing Home Costs"; Charles F. Lamphear, University of Nebraska - Lincoln; Ken Rebeck, University of Nebraska - Lincoln; David I. Rosenbaum, University of Nebraska - Lincoln

Discussants:: Jennifer M. Mellor, College of William and Mary; Pamela B. Peele, University of Pittsburgh

Monday
1:30 - 3:15 p.m.
SEA

Session 100H
History of Economic Thought

Chairperson: Andrew T. Young, Emory University

Papers:: "The Economists of the Reformation"; David H. Eaton, Murray State University; "Chalmers vs. Malthus on the Principle of Population and the Causes of Pauperism"; Petur O. Jonsson, Fayetteville State University; "Quantitative Analysis in Female Economists' Thought, 1900-1040"; Kirsten K. Madden, Millersville University

Discussants:: Charles K. Rowley, George Mason University; Jin Wang, Emory University

Monday
1:30 - 3:15 p.m.
SEA

Session 101H
Monetary Economics

Chairperson: Susanne Polley, State University of New York - Cortland

Papers:: "The Demand for Money in Three Asian Developing Countries: Evidence from Multivariate Cointegration Test"; Jae-Kwang Hwang, University of Alabama; "Liquidity Preference as Behavior Toward Risk: An Empirical Analysis of the Precautionary Demand for Money Using a GARCH-XM Model"; Christian E. Weber, Seattle University; "Real Money Balances and Production Efficiency: A Stochastic Production Frontier Approach"; Farrokh Nourzad, Marquette University

Discussants:: Ralph C. Allen, Valdosta State University; Joachim Zietz, Middle Tennessee State University

Monday
1:30 - 3:15 p.m.
SAPPCREE III

Session 102H
Non-market Valuation Methods

Chairperson: Doug Wakeman, Meredith College

Papers:: "Household Behavior and Willingness to Pay for Children's Health"; Mark Dickie, University of Southern Mississippi; "The Values of Consumptive Recreational Fishing and Catch-and-Release: An Analysis of the Roanoke River Striped Bass Fishery"; J.E. Easley, Jr., North Carolina State University; Pete Schuhmann, University of Richmond; "Real Estate Market Cycles: Their Impacts on Hedonic Estimates of the Benefits of Environmental Cleanup"; Larry L. Dale, Law and Economics Consulting Group; Andre Fargeix, Law and Economics Consulting Group; Nancy A. Williams, Loyola College; "Further Investigation of Voluntary Contribution Contingent Valuation: Fair Share, Time of Contribution and Respondent Uncertainty"; Robert P. Berrens, University of New Mexico; Alok K. Bohara, University of New Mexico; Hank Jenkins-Smith, University of New Mexico; Carol Silva, University of New Mexico

Discussants:: John A. List, University of Central Florida; Kathleen Greer Rossmann, Birmingham-Southern College; Laura Taylor, Georgia State University; Steven Stewart, University of Tennessee

Monday
1:30 - 3:15 p.m.
SEA

Session 103H
Topics in Labor Economics

Chairperson: Kristen Keith, University of Toledo

Papers:: "Customer Discrimination in Major League Baseball: Evidence from the Results of All-Star Voting"; J. Michael DuMond, Blockbuster Entertainment Group; Allen K. Lynch, University of North Florida; "Intergenerational Mobility in the Black Community"; Eric Johnson, University of South Carolina; "Salary Dispersions in the U.S. Higher Education labor Market"; Richard Wilson, Florida A&M University; "The Effects of Import Competition on Manufacturing Workers: Earnings, Mobility, and Ability"; Edward J. Schumacher, East Carolina State University; Ben S. Shippen, Jr., Mercer University

Discussants:: B.F. Kiker, University of South Carolina; Meghan Millea, Mississippi State University

Monday
1:30 - 3:15 p.m.
SEA*

Session 104H*
Session in Honor of S. Charles Maurice

Chairperson: Philip K. Porter, University of South Florida

Papers:: "Strategies to Increase Student Learning and Motivation in Principles of Economics Courses: Moving First Exposure to Material Before Class and Using Class for Process and Product, and Inspiring Active Learning Through Team Comprehensive Oral Exams"; J. Robert Gillette, University of Kentucky; Lynn G. Gillette, Houston Baptist University; "The Economy of Star Wars"; Catherine England, Marymount University; "A Political Theory of Government Taxation and Expenditure"; John C. Goodman, National Center for Policy Analysis; Philip K. Porter, University of South Florida; "Protecting Global Biological Diversity: The Economic and Political Impacts on Threatened Birds"; Michael Nieswaidomy, University of North Texas

Discussants:: David E.R. Gay, University of Arkansas; Charles D. DeLorme, Jr., University of Georgia; Steve Pejovich, Texas A&M University; Robert Ekelund, Auburn University

Monday
1:30 - 3:15 p.m.
SEA*

Session 105H*
Intergroup Disparity from a Cross-National Perspective - Roundtable Discussion

Moderator: William A. Darity, Jr., University of North Carolina - Chapel Hill

Panelists:: "Caste Inequality in India: Evidence from the National Sample Survey"; Ashwini Deshpande, University of North Carolina - Chapel Hill; "Racial Inequality in the USA and the Role of Cognitive Skills and Computer Skills"; Patrick L. Mason, Florida State University; "Intergroup Inequality in South Africa: Evidence in the Post-Apartheid Period"; George Sherer, University of North Carolina - Chapel Hill; "Intergroup Inequality "Down Under:" Comparisons Between New Zealand and Australia"; Samuel Myers, Jr., University of Minnesota; "Intergroup Disparity in a Small Open Economy: The Case of Belize"; Jessica Nembhard, Morgan State University

Tuesday, 8:30 - 10:15 a.m.

Session 120M	Empirical Analyses of Quality
Session 121M	Law and Economics
Session 122M	Disseminating Economic Knowledge: Empirical Issues
Session 123M	Cross-Country Differences in Performance
Session 124M	Pay Methods and Productivity
Session 125M	Financial Economics II
Session 126M	Purchasing Power Parity
Session 127M	Deregulation of Electric Utilities
Session 128M	Economic Theory
Session 129M	Korean Economic Issues
Session 130M	Industry Studies and Growth Strategies
Session 131M*	Issues in Development and Growth
Session 132M*	Applied Economics
Session 133M	Empirical Studies in International Economics
Session 135M	Robert Higgs' Interpretation of the Amercian Economy, 1935-47 (Co-sponsored by the Independent Institute)
Session 136M*	Economics of Education II

Tuesday
8:30 - 10:15 a.m.
SEA

Session 120M
Empirical Analyses of Quality

Chairperson: Christopher C. Klein, Tennessee Regulatory Authority

Papers:: "The Effects of Managed Care on Medical Referrals and the Quality of Physicians: Theory and Evidence"; Gary M. Fournier, Florida State University; Melayne Morgan McInnes, University of South Carolina; "A Discrete Choice of the Asymmetries in the Information About Product Quality"; Monica E. Hartmann, University of Virginia; "Smoke Signals: An Empirical Study of Price and Quality in the Premium Cigar Market"; Douglas B. Redington, Elon College; "Use or Abuse of Highway Tax Revenues: An Economic Analysis of Highway Spending"; Rajeev K. Goel, Illinois State University; Michael A. Nelson, Illinois State University

Discussants:: John Dunham, Phillip Morris Management Corporation and Columbia University; Nicola Tynan, George Mason University

Tuesday
8:30 - 10:15 a.m.
SEA

Session 121M
Law and Economics

Chairperson: Harold W. Elder, University of Alabama

Papers:: "Nonobviousness and the Incentive to Innovate: An Economic Analysis of Intellectual Property Reform"; Robert M. Hunt, Federal Reserve Bank of Philadelphia; "The Rent-to-Own Contract: Refinance, Repossess, or Write Off?"; Gretchen A. Kalsow, University of Virginia; Melissa F. McShea, Independent Economist; "Rent Seeking and Opportunism in a Vending Machine Contract"; Ted W. Chiles, Jr., Auburn University - Montgomery; Gary Schneider, Smith Hanley Consulting Group; Lynn Schneider, Auburn University - Montgomery

Discussants:: Frank Kelly, State Tax Board - Indiana; David B. Sapper, Tennessee Regulatory Authority

Tuesday
8:30 - 10:15 a.m.
SEA

Session 122M
Disseminating Economic Knowledge: Empirical Issues

Chairperson: M. Northrup Buechner, Tennessee Regulatory Authority

Papers:: "Identifying and Correcting for Different Patterns of Missing Data Problems in Economic Education Research"; William Bosshardt, Florida International University; Michael Watts, Purdue University; "Learning Styles, Modes of Study, and Student Performance: A Comparison of Internal and External Student Performance in Intermediate Macroeconomics at the University of Southern Queensland"; David W. Brasfield, Murray State University; Geoff Cockfield, University of Southern Queensland; James P. McCoy, Murray State University; Martin I. Milkman, Murray State University; Rod St. Hill, University of Southern Queensland; "Ranking Economics Journals: An Efficiency Approach"; Charles D. DeLorme, Jr., University of Georgia; Mark Dickie, University of Southern Mississippi; David R. Kamerschen, University of Georgia; Ronald S. Warren, Jr., University of Georgia; "An Examination of Student Self-Reported Data"; Mark L. Wilson, University of Charleston; Joachim Zietz, Middle Tennessee State University

Discussants:: Thomas E. Cooper, Georgetown College; Philip D. Taylor, Wesleyan College

Tuesday
8:30 - 10:15 a.m.
SEA

Session 123M
Cross-Country Differences in Performance

Chairperson: Harriet A. Stranahan, University of North Florida

Papers:: "Political Instability, Policy Uncertainty, and Growth: An Empirical Investigation"; Abdiweli M. Ali, George Mason University; "Disentangling the Wage-Productivity Relationship: Evidence from Select OECD Member Countries"; Meghan Millea, Mississippi State University; "Are World Incomes Converging? Time Series Evidence with Multiple Endogenous"; A. Edward Day, University of Central Florida; Junsoo Lee, University of Central Florida; Mark Strazicich, University of Central Florida

Discussants:: Darren Grant, Georgia Southern University; Hervé Queneau, Xavier University

Tuesday
8:30 - 10:15 a.m.
SEA

Session 124M
Pay Methods and Productivity

Chairperson: John K. Mullen, Clarkson University

Papers:: "The Structure of Compensation for "Payment-by-Results" Jobs in the U.S. Labor Market"; Anthony J. Barkume, U.S. Bureau of Labor Statistics; "The Efficiency of Sharecropping: Evidence from the Postbellum South"; Martin Garrett, College of William and Mary; Zhenhui Xu, Georgia College & State University; "Salary Structure and Growth in the Baseball Industry"; Christopher R. Bollinger, University of Kentucky; Julie L. Hotchkiss, Georgia State University; "Supervision Cost, Performance-Based Pay, and Efficiency Wages"; Bradley T. Ewing, Texas Tech University; Phanindra V. Wunnava, Middlebury College

Discussants:: Richard A. Hofler, University of Central Florida; Eric Johnson, University of South Carolina

Tuesday
8:30 - 10:15 a.m.
SEA

Session 125M
Financial Economics II

Chairperson: Russell Rhine, West Virginia University

Papers:: "On the Predictability of Stock Prices in an Emerging Market: A Neural Network Analysis"; Ali F. Darrat, Louisiana Tech University; Maosen Zhong, Louisiana Tech University; "An Analysis of the Determinants of Investor Overreaction"; Jeffrey Gropp, West Virginia University; "An Empirical Investigation of the Consumption Based Capital Asset Pricing Model with Time Non-Separable Preferences Using a Modified Variance Ratio Test"; Petr Zemcik, Southern Illinois University - Carbondale

Discussants:: David Y. Chen, North Carolina A&T State University; Nicholas Rupp, Texas A&M University

Tuesday
8:30 - 10:15 a.m.
SEA

Session 126M
Purchasing Power Parity

Chairperson: David VanHoose, University of Alabama

Papers:: "The Role of Long-Run Equilibrium in the Foreign Exchange Market: Shedding New Light on the Excess Returns Puzzle"; Michael D. Goldberg, University of New Hampshire; "The Price Measures Controversy and Purchasing Power Parity"; Subhash C. Sharma, Southern Illinois University; Kay E. Strong, Southern Illinois University - Carbondale; "Real Exchange Rate, Mean Reversion, and Omitted Variables: How Helpful is to Incorporate Real Variables?"; Flavio Vilela Vieira, Federal University of Uberlandia - Brazil; "Purchasing Power Parity and Capital Flows"; Andrew L.H. Parkes, East Central University

Discussants:: Stephan Schulmeister, Austrian Institute of Economic Research; Osman Suliman, Millersville University

Tuesday
8:30 - 10:15 a.m.
SEA

Session 127M
Deregulation of Electric Utilities

Chairperson: Stratford M. Douglas, West Virginia University

Papers:: "The Method of Forecasting the Market Prices of Electric Power After Deregulation"; Vladimir V. Starkov, West Virginia University; "Excess Returns in Recent Electric Utility Mergers"; S. Keith Berry, Hendrix College; "Why Sell Deregulated Assets? Theory and Application to Electricity Markets"; Stratford M. Douglas, West Virginia University; "The Effects of the Deregulation of the Electric Utility Industry on Rural Electric Distribution Cooperatives: An Empirical Analysis"; Monica Lynne Greer, University of Kentucky

Discussants:: Kevin F. Forbes, Catholic University of America; Henry E. Kilpatrick, Jr., George Mason University

Tuesday
8:30 - 10:15 a.m.
SEA

Session 128M
Economic Theory

Chairperson: Hassan Mohammadi, Illinois State University

Papers:: "Merging Supply-Coordination and the Aggregate Demand Model"; Ralph C. Allen, Valdosta State University; Jack H. Stone, Spelman College; "Profit Sharing with Price Uncertainty"; Vikram Kumar, Davidson College; "Some Simple Microfoundations from an Old Fashioned General Equilibrium Perspective"; Clarence C. Morrison, Indiana University - Bloomington; "Financial Intermediation and Output Fluctuations Under Nominal Contracting, Costly Default, and Monetary Uncertainty"; Didar Erdinc, American University in Bulgaria

Discussants:: Fred C. Graham, American University; Randall E. Parker, East Carolina University

Tuesday
8:30 - 10:15 a.m.
KAEA

Session 129M
Korean Economic Issues

Chairperson: H. Youn Kim, Western Kentucky University

Papers:: "A Note on Money, Income, and Dynamic Lag Patterns"; Yong U. Glasure, Wayland Baptist University; "The Determinants of Labor Disputes in Korea: Using Firm-Level Data for 1993-1995"; Yong-Seong Kim, University of Michigan; "Consumption and Risk Sharing Among Korean Households"; H. Youn Kim, Western Kentucky University; Tong Hee Kang, Kunsan National University; "An Analysis of Venture Capital Contracting in Korea - A Comment on the Special Law to Promote Venture Capital Companies"; Haksoo Ko, Columbia University

Discussants:: Yong U. Glasure, Wayland Baptist University; H. Youn Kim, Western Kentucky University; Haksoo Ko, Columbia University

Tuesday
8:30 - 10:15 a.m.
SEA

Session 130M
Industry Studies and Growth Strategies

Chairperson: David I. Rosenbaum, University of Nebraska - Lincoln

Papers:: "State Lotteries, Isolation, and Economic Growth"; John D. Jackson, Auburn University; Douglas M. Walker, Georgia College & State University; "The U.S. Space Industry and Production Linkages"; W. Warren McHone, University of Central Florida; Brian Rungeling, University of Central Florida; "U.S. Foreign Policy Toward Cuba and Economic Development in the Dominican republic: A Case Study of the Cigar Industry"; Joseph M. Perry, University of North Florida

Discussants:: Gerald Granderson, Miami University; Frank Scott, University of Kentucky

Tuesday
8:30 - 10:15 a.m.
SEA*

Session 131M*
Issues in Development and Growth

Chairperson: Andrew Horowitz, University of Arkansas

Papers:: "Education Policy: Elitist or Egalitarism"; Minseong Kim, University of Pittsburgh; "Income Distribution Effects of Public Education and Social Security in a Growing Economy"; Gerhard Glomm, Michigan State University; "Growth and Risk-Sharing with Private Information"; Aubhik Khan, University of Iowa; B. Ravikumar, University of Iowa; "Hierarchial Human Capital: Implications for Income Distribution"; Robert Driskill, Vanderbilt University; Andrew Horowitz, University of Arkansas

Discussants:: Robert Driskill, Vanderbilt University; Minseong Kim, University of Pittsburgh; B. Ravikumar, University of Iowa

Tuesday
8:30 - 10:15 a.m.
SEA*

Session 132M*
Applied Economics

Chairperson: Martine Duchatelet, Barry University

Papers:: Cecilia Conrad, Pomona College; Robert Cruz, Barry University; Maria Jose Willumsen, Florida International University

Tuesday
8:30 - 10:15 a.m.
SEA

Session 133M
Empirical Studies in International Economics

Chairperson: David D. Selover, Old Dominion University

Papers:: "The Impact of NAFTA on the Economy of the State of Alabama: The First Five Years Bring Good News"; Edward T. Merkel, Troy State University; "Substitutability Between Domestic Monetary Assets and Foreign Currency in Asian Countries"; Santi Chaisrisawatsuk, Southern Illinois University; Subhash C. Sharma, Southern Illinois University; "Substitutability Between Turkish Monetary Assets and Foreign Currencies"; Selahattin Dibooglu, Southern Illinois University; Subhash C. Sharma, Southern Illinois University

Discussants:: Joseph Daniels, Marquette University; Michael Hicks, University of Tennessee

Tuesday
8:30 - 10:15 a.m.
SDAE V

Session 135M
Robert Higgs' Interpretation of the Amercian Economy, 1935-47 (Co-sponsored by the Independent Institute)

Chairperson: Daniel B. Klein, Santa Clara University

Presenter:: Robert Higgs, University of Seattle

Discussants:: Robert Clower, University of South Carolina; John James, University of Virginia; Hugh Rockoff, Rutgers University

Tuesday
8:30 - 10:15 a.m.
SEA*

Session 136M*
Economics of Education II

Chairperson: Lori L. Taylor, Federal Reserve Bank of Dallas

Papers:: "Competition and Efficiency: The Impact of Charter Schools on Public School Performance"; Kathy J. Hayes, Southern Methodist University; Shawna Grosskopf, Oregon State University; "School Competition and Social Stratification"; David Figlio, University of Florida; "Measuring Changes in the Productivity of Schools"; Steven Rivkin, Amherst College

Discussants:: Daniel Aaronson, Federal Reserve Bank of Chicago; Frank Joshua Winicki, University of Oregon

Tuesday, 10:30 - 12:15 p.m.

Session 137N*	Competition in Local Financial Services Markets
Session 138N*	Public Economics: Issues in Taxation
Session 139N*	Topics in Macroeconomics
Session 140N	Controlling Water Pollution Beyond Tradiational Point Sources
Session 141N	Family and Fertility
Session 142N*	Topics in Worker Disability and Compensation
Session 143N*	Experimental Economics: Fairness, Incentives, and Cost Allocation
Session 144N	Public Utilities
Session 145N	Macroeconomics and the World Economy
Session 146N	International Economics and Finance Society
Session 147N	China: Prospects for Growth
Session 149N	Regional Economics
Session 153N*	Health Insurance Issues

Tuesday
10:30 - 12:15 p.m.
SEA*

Session 137N*
Competition in Local Financial Services Markets

Chairperson: Robert M. Feinberg, American University

Papers:: "Price Dispersion and Competition in Local Markets: The Case of Consumer Financial Services"; Judy Karofsky, University of Wisconsin; William Kelly, Jr., University of Wisconsin; "Geography and the Persistence of Market-Level Profits in Retail Banking"; Paul Calem, Federal Reserve Board; Erik Heitfeld, Federal Reserve Board; Stephen Rhoades, Federal Reserve Board; "The Bank Merger Movement: Efficiency, Stability, and Competitive Policy Concerns"; Gerald Hanweck, George Mason University; Bernard Shull, City College of New York; "Checking Accounts and Bank Monitoring"; Loretta J. Mester, Federal Reserve Bank of Philadelphia and University of Pennsylvania; Micheline Renault, Universite du Quebec a Montreal

Discussants:: Timothy Hannan, Federal Reserve Board; Robert M. Feinberg, American University; David Nickerson, American University

Tuesday
10:30 - 12:15 p.m.
SEA*

Session 138N*
Public Economics: Issues in Taxation

Chairperson: Arthur Snow, University of Georgia

Papers:: "Tax Compliance as a Coordination Game"; James Alm, Georgia State University; Michael McKee, University of New Mexico; "Do States Choose Tax Policies to Maximize Employment?"; J. William Harden, University of North Carolina - Greensboro; William H. Hoyt, University of Kentucky; "The Marginal Welfare Cost of Public Spending on Infrastructure"; Arthur Snow, University of Georgia; Karen L. Tinsley, University of Georgia

Discussants:: Sam Allgood, University of Nebraska; Craig A. Depken II, University of Texas - Arlington; Jonathan H. Hamilton, University of Florida

Tuesday
10:30 - 12:15 p.m.
SEA*

Session 139N*
Topics in Macroeconomics

Chairperson: Richard Barnett, University of Arkansas

Papers:: "The Economics of New Blood"; Theodore Palivos, Louisiana State University; Gaetano Antinolfi, Washington University; Thomas Osang, Southern Methodist University

Tuesday
10:30 - 12:15 p.m.
SAPPCREE IV

Session 140N
Controlling Water Pollution Beyond Tradiational Point Sources

Chairperson: Steven G. Thorpe, University of Northern Iowa

Papers:: "Cost-effective NOx Control and Cross-Media Benefits for the Chesapeake Bay Region"; David Austin, Resources for the Future; Matt Cannon, Resources for the Future; Alan Krupnick, Resources for the Future; Virginia McConnell, Resources for the Future; Terrell Stoessell, Resources for the Future; "On the Theory of Integrated Pollution Control"; Lynne Bennett, Yale University; Steven G. Thorpe, University of Northern Iowa; "Information and the Management of Nonpoint Problems"; David Zilberman, University of California - Berkeley; "Incorporation of Nonpoint Sources into an Effluent Allowance Trading Program: Identifying the Requirements, Barriers, and Opportunities"; Leonard Shabman, Virginia Polytechnic Institute and State University; Kurt Stephensen, Virginia Polytechnic Institute and State University

Discussants:: Dina Francheschi, Fairfield University; James R. Kahn, University of Tennessee; Linwood Pendleton, University of Southern California; Andrew F. Seidl, Colorado State University

Tuesday
10:30 - 12:15 p.m.
SEA

Session 141N
Family and Fertility

Chairperson: Richard Wilson, Florida A&M University

Papers:: "Bargaining Over Child Support and Visitation: Do Parents' Agreements Hurt Their Children?"; Amy Farmer, University of Tennessee; Jill Tiefenthaler, Colgate University; "An Empirical Analysis of Teenage Abortion"; Marshall Medoff, California State University - Long Beach; "The Demand for Children in Farm Households in the People's Republic of China"; Andrew L.H. Parkes, East Central University; "A Comparison of Fertility Rates and Determinants Across Military Personnel and Civilians"; Marvin E. Dodson III, West Virginia University

Discussants:: Sharmila Choudhury, Social Security Administration; Jennifer Ward-Batts, University of Michigan

Tuesday
10:30 - 12:15 p.m.
SEA*

Session 142N*
Topics in Worker Disability and Compensation

Chairperson: Angela B. Ritzert, U.S. Senate Joint Economic Committee

Papers:: "Duration of Worker Absence, Workers' Compensation, and the Post-Injury Reservation Wage"; Marjorie Baldwin, East Carolina University; Karen Smith Conway, University of New Hampshire; Ju-Chin Huang, University of New Hampshire; "Disability Reporting Behavior Among Married Couples: Is There a Connection Between Spouses' Reports?"; Michael Zimmer, University of Evansville; "Timing of Illness on Labor Market Outcomes"; Jodi Messer, University of Kentucky

Tuesday
10:30 - 12:15 p.m.
SEA*

Session 143N*
Experimental Economics: Fairness, Incentives, and Cost Allocation

Chairperson: Sheryl Ball, Virginia Polytechnic Institute and State University

Papers:: "How Much Competition is Needed to Wipe Out Fairness?"; Urs Fischbacher, University of Zurich; Christina Fong, Washington University; "Local Autonomy Versus Third-Party Intervention in Resolving Common Problems: An Experimental Examination"; Kevin McCabe, University of Arizona; James J. Murphy, University of Arizona; Vernon Smith, University of Arizona; "An Experimental Evaluation of the Serial Cost Sharing Rule"; Laura Razzolini, University of Mississippi; Bob Dorsey, University of Mississippi; ""TBA""; David R. Schmidt, Indiana University; Kurtis J. Swope, Indiana University

Discussants:: Sheryl Ball, Virginia Polytechnic Institute and State University; Yan Chen, University of Michigan; Nick Feltovich, University of Houston; Kurtis J. Swope, Indiana University

Tuesday
10:30 - 12:15 p.m.
SEA

Session 144N
Public Utilities

Chairperson: John Dunham, Phillip Morris Management Corporation and Columbia University

Papers:: "Dominant Firm Pricing with Price Cap Regulation and Competitive Entry: An Application to Local Telephone Markets in the United States with Implications on Pricing and Entry Decisions"; Jaison R. Abel, Ohio State University; "Universal Telephone Service in Tennessee: A Pre-Competition Assessment"; Christopher C. Klein, Tennessee Regulatory Authority; David B. Sapper, Tennessee Regulatory Authority; "A Sensitivity Analysis of Asset Pricing Models in the Electric Utility Industry"; Russell Rhine, West Virginia University; "Revisiting the Productivity and Subsidy Relationship: A Private Cost Approach"; Kofi Obeng, North Carolina A&T State University; Ryoichi Sakano, North Carolina A&T State University

Discussants:: Rajeev K. Goel, Illinois State University; Monica Lynne Greer, University of Kentucky

Tuesday
10:30 - 12:15 p.m.
SEA

Session 145N
Macroeconomics and the World Economy

Chairperson: Michael R. Dowd, University of Toledo

Papers:: "Permanent Budget Deficits and Foreign Trade Balance: A Cross-Country Examination"; Hassan Mohammadi, Illinois State University; "Nonlinearity of Business Cycles and the International Transmission Mechanism"; Wankeun Oh, Hannam University; "Discretion and Monetary Policy Rules in the Open Economy"; Alfred V. Guender, University of Canterbury - New Zealand; Sharon McCaw, Reserve Bank of New Zealand; "Do More Open Economies Have Bigger Governments? Evidence from Time Series Data"; Muhammad Q. Islam, St. Louis University

Discussants:: William A. Bomberger, University of Florida; Donald H. Dutkowsky, Syracuse University

Tuesday
10:30 - 12:15 p.m.
IEFS II

Session 146N
International Economics and Finance Society

Chairperson: Henry Thompson, Auburn University

Papers:: "The Optimum Tariff from Mill to Graaff"; John Gilbert, University of Auckland; Edward Tower, Duke University; "Alternative Measures of Distance for Gravity Model Analysis"; Paul Johnson, University of Alaska; "Notes on Comparative Advantage"; Henry Thompson, Auburn University; "Tariffs and Optimal Patent Length"; Shrmila Vishwashraw, Florida Atlantic University

Tuesday
10:30 - 12:15 p.m.
SEA

Session 147N
China: Prospects for Growth

Chairperson: Petur O. Jonsson, Fayetteville State University

Papers:: "China 2020: Three Scenarios of the Political Implications of Economic Growth"; Frank R. Gunter, Lehigh University; "Hong Kong and China: One Country, Two Systems"; Lawrence W. Lovik, Troy State University; "What Propels Growth in China? Some New Evidence"; Ali F. Darrat, Louisiana Tech University

Discussants:: Joe C. Davis, Trinity University; Cynthia Royal Tori, Valdosta State University

Tuesday
10:30 - 12:15 p.m.
SEA

Session 149N
Regional Economics

Chairperson: Carl Pasurka, Jr., U.S. Environmental Protection Agency

Papers:: "An Analysis of the Regional Impacts of the Deep Water Ports in Georgia and South Carolina"; Phyllis W. Isley, Georgia Southern University; Sandra Hanson McPherson, Georgia Southern University; "Some Additional Empirical Evidence on Externalities and Regional Growth"; John K. Mullen, Clarkson University; Martin Williams, Northern Illinois University; "The Impact of Mariculture on a Small Regional Economy"; Denise Stanley, University of Tennessee; "Economic Impact of the Environment Regulation on the Blue Crab Industry"; Janelle M. Larson, Pennsylvania State University - Berks-Lehigh Valley College; Franklin G. Mixon, Jr., University of Southern Mississippi; Kamal P. Upadhyaya, Pennsylvania State University - Berks-Lehigh Valley College

Discussants:: Gasper A. Garofalo, University of Akron; Mark Toma, University of Kentucky

Tuesday
10:30 - 12:15 p.m.
SEA*

Session 153N*
Health Insurance Issues

Chairperson: Barbara Schone, Agency for Health Care Policy and Research

Papers:: "Gender Roles and the Non-Discriminatory Provision of Health Insurance: Evidence from a Beckerian Household"; Mark Berger, University of Kentucky; Dan Black, University of Kentucky; Ahmatab Chandra, University of Kentucky; Frank Scott, University of Kentucky; "Effects of Small Groups Reform on Firm Premiums and Offers of Coverage"; Kosali Ilayperuma Simon, University of Maryland; "Health Insurance and Retirement in the 1990s: A Dynamic Structural Analysis"; Donna Gilleskie, University of North Carolina - Chapel Hill; David Blau, University of North Carolina - Chapel Hill

Discussants:: Heather Bednarek, Michigan State University; Melissa A. Thomasson, Miami University

Tuesday, 12:30 - 2:15 p.m.

Session 155P	Theoretical Industiral Organization
Session 156P	Inflation
Session 157P	Gender Differences in Labor Markets
Session 158P	Migration and Development Policies
Session 159P	Exports and Growth
Session 160P	Schools, Schooling, and Public Policy
Session 161P	Environmental Economics
Session 162P	Public Economics II
Session 169P	Coordinationist Macroeconomics

Tuesday
12:30 - 2:15 p.m.
SEA

Session 155P
Theoretical Industiral Organization

Chairperson: Gerald Granderson, Miami University

Papers:: "Price Dispersion and Consumer Reservation Prices"; Simon P. Anderson, University of Virginia; Andre de Palma, University of Cergy-Pontoise - France; "Dynamic R&D Competition with Patent Crowding and Spillovers Between Research Projects"; Spencer R. Graf, University of Virginia; "Short Termism, Human Resource Investment, and Worker Involvement"; Michel Blanchard, University of Paris IX Dauphine; Hervé Queneau, Xavier University

Discussants:: S. Keith Berry, Hendrix College; Gary Schneider, Smith Hanley Consulting Group

Tuesday
12:30 - 2:15 p.m.
SEA

Session 156P
Inflation

Chairperson: Daniel Himarios, University of Texas - Arlington

Papers:: "Inflation and Dispersion: A Primer on Testing Alternative Models of Non-neutrality"; William A. Bomberger, University of Florida; "The Effects of Federal Reserve Policy on the Wage-Inflation Transmission Mechanism"; Scott Fausti, South Dakota State University; Joe Santos, South Dakota State University; "Inflation and Relative Price Variability in a Natural Experiment"; Jerzy D. Konieczny, Wilfrid Laurier University; Andrzej Skrzypacz, University of Rochester; "Expectations Formation and Inflation Persistence"; John A. Carlson, Purdue University; Neven Valev, Georgia State University

Discussants:: A. Edward Day, University of Central Florida; Didar Erdinc, American University in Bulgaria

Tuesday
12:30 - 2:15 p.m.
SEA

Session 157P
Gender Differences in Labor Markets

Chairperson: Ronald S. Warren, Jr., University of Georgia

Papers:: "Young Women's Expectations About Future Work: What Influences Them and What Effects Do They Eventually Have?"; Bisakha Sen, University of Central Florida; "Gender Differences in the Determinants of Job Mobility and Job Search: A Cohort Analysis"; Kristen Keith, University of Toledo; Abagail McWilliams, Arizona State University West; "Market Effort by Women in Different Marital States: A Stochastic Earnings Frontier Analysis"; Richard A. Hofler, University of Central Florida; Bisakha Sen, University of Central Florida; "Convergence of the Gender Gap Over the Business Cycle: A Sectoral Investigation"; Magda Kandil, University of Wisconsin - Milwaukee; Jeffrey G. Woods, Concord College

Discussants:: Bradley T. Ewing, Texas Tech University; Phanindra V. Wunnava, Middlebury College

Tuesday
12:30 - 2:15 p.m.
SEA

Session 158P
Migration and Development Policies

Chairperson: A. Marvasti, University of Houston - Downtown

Papers:: "Return Migration: Theory and Evidence from Returning Migrants of Western Mexico"; Gabriel E. González König, Georgetown University; "Varying Effects of the Immigrant Flow on the Labor Market Outcomes of the Existing Labor Force: Do They Exist?"; Tanja F. Blackstone, Navy Personnel Research and Development Center; Lewis H. Smith, University of Mississippi; "Who are the IMF Unemployed in Korea?"; Soo-kyung Hwang, State University of New York - Binghamton; Sung-Joon Park, Korea Economic Research Institute; Bong Joon Yoon, State University of New York - Binghamton; "Market Reforms and the Limitations on Monetary Policy: The Case of Colombia"; Frank R. Gunter, Lehigh University

Discussants:: David D. Selover, Old Dominion University; Bin Xu, University of Florida

Tuesday
12:30 - 2:15 p.m.
SEA

Session 159P
Exports and Growth

Chairperson: Edward T. Merkel, Troy State University

Papers:: "The Trade Weighted Dollar Index and Growth: Evidence from Tennessee and the Southeast"; Michael Hicks, University of Tennessee; Sanela Porca, University of Tennessee; "On the Use of Exports in the Estimation of GDP Growth"; Robert E. Moore, Georgia State University; "Explaining the Recent Decline in the Dollar"; Gyan Pradhan, Westminster College; Kamal P. Upadhyaya, Pennsylvania State University - Berks-Lehigh Valley College; "The Increase of the Inflation Rates and Its Impact on the Purchasing Power of the Paper Economics in the Moslem States"; Mohamed A. Dabbagh, Union College

Discussants:: Omer Gokcekus, North Carolina Central University; Robert E. Moore, Georgia State University

Tuesday
12:30 - 2:15 p.m.
SEA

Session 160P
Schools, Schooling, and Public Policy

Chairperson: Daniel M. O'Brien, University of Texas - Dallas

Papers:: "Family Inputs, School Quality and Educational Achievements: A Household Production Approach"; Mark Dickie, University of Southern Mississippi; "Grade Retention and Achievement: Longitudinal Evidence from Chicago"; Judy A. Temple, Northern Illinois University; "School Finance Equalization Policies and Endogenous Family Support"; Julie Berry Cullen, University of Michigan; "Capitalization and the Voucher: An Analysis of Precinct Returns from California's Proposition 174"; Eric J. Brunner, San Diego State University; Jon Sonstelie, University of California - Santa Barbara; Mark Thayer, San Diego State University

Discussants:: John F. Kain, University of Texas - Dallas; James C. Murdoch, University of Texas - Dallas

Tuesday
12:30 - 2:15 p.m.
SEA

Session 161P
Environmental Economics

Chairperson: James H. Murphy, Western Carolina University

Papers:: "Irreversible Development, Aid, and North-South Trade"; Paul E. Chambers, Central Missouri State University; Richard Jensen, University of Kentucky; "Could Institutional Reform Have Saved Easter Island?"; R. Morris Coats, Nicholls State University; Thomas R. Dalton, Southern University - New Orleans; "The Environmental Effectiveness of Oxygenated Fuels: New Panel Evidence from California's Emissions Testing Program"; Kevin Rask, Colgate University; "Shadow Prices of Sulfur Dioxide Allowances in Phase I Electric Utilities"; Jon Rezek, University of Nebraska - Lincoln

Discussants:: Shawna Grosskopf, Oregon State University; Nicholas Stratis, Florida State University and Florida Department of Environmental Protection

Tuesday
12:30 - 2:15 p.m.
SEA

Session 162P
Public Economics II

Chairperson: Wallace E. Oates, University of Maryland

Papers:: "Does the Broadcast Media Cause Terrorism?"; John L. Scott, Northeast Louisiana University; "Government Investment and Economic Growth in Saudi Arabia"; Abdullah H. Albatel, King Saud University; "A Portfolio Test of the Motives for Charity"; David H. Eaton, Murray State University; Martin I. Milkman, Murray State University; "Separate Accounting Accrues Detail to Generational Accounting"; Susanne Polley, State University of New York - Cortland

Discussants:: Thomas A. Garrett, West Virginia University; Robert T Sienkiewicz, National Institute of Standards and Technology

Tuesday
12:30 - 2:15 p.m.
SEA

Session 169P
Coordinationist Macroeconomics

Chairperson: Richard E. Wagner, George Mason University

Papers:: "Capital-Based Macroeconomics"; Roger Garrison, Auburn University; "The Coordination Problems of Macroeconomics"; Steven G. Horwitz, St. Lawrence University; "Ludwig von Mises and the Case for Gold"; George Selgin, University of Georgia; "Catallactic Foundations for Macroeconomics"; Richard E. Wagner, George Mason University

Discussants:: Roger Koppl, Fairleigh Dickinson University