Managerial economics, which seeks to use microeconomic principles to solve managerial problems, has become firmly established in business curricula, particularly at the MBA level. Surveys of MBA directors and MBA alumni, however, have indicated that managerial economics tends to be an unpopular...

Intercollegiate athletics has been a source of ongoing controversy regarding the potential conflict in pursuing athletic success while maintaining academic standards. This study examines the implicit reward system for athletic directors (ADs) in the National Collegiate Athletic Association...

Despite its critical importance in the theory of the firm, marginal cost is unobservable in most production settings. Most cost accounting practices substitute average cost estimates for the unobservable marginal cost; moreover, some cost accounting measures include fixed costs as a component of...

This article presents evidence that the preferred awards of arbitrators in final-offer arbitration (FOA) compromise between the perspectives of the bargainers. Using Major League Baseball FOA offers between 1986-2002, this study finds strong evidence that final offers (which are strategically...

The purpose of this paper is to investigate empirically student performance in principles of microeconomics classes taught via co-operative learning versus the traditional lecture. In a fall semester, I taught one cohort of micro principles students as a traditional lecture, while presenting the...

Managerial economics, which seeks to merge microeconomic theory with quantitative tools to solve managerial problems, have become firmly established in business curricula, particularly at the MBA level. This paper points out several problems in making theory accessible to business managers. The...

Previous empirical literature finds that student performance is inversely correlated with absenteeism. This study investigates the impact of enforcing an attendance policy on absenteeism and student performance. The evidence suggests that an attendance policy significantly improves reduces...