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KURT W. ROTTHOFF
CURRICULUM VITA, JANUARY 2015
Stillman School of Business
Seton Hall University, JH 674
400 South Orange Ave
South Orange, NJ 07079
Office: (973) 761-9102
Cell: (330) 705-9017
Web: pirate.shu.edu/~rotthoku
Email: [email protected]
US Citizen
FIELDS OF SPECIALIZATION
Behavioral Economics, Financial Economics, and Industrial Organization
Special Interest: Economics and Finance in Sports and Economics of Education
ACADEMIC EXPERIENCE
Seton Hall University – W. Paul Stillman School of Business
Associate Professor of Economics and Finance: 2013 – Present (Sabbatical, Fall 2013)
Assistant Professor of Economics and Finance: 2007 – 2013
Seton Hall University – College of Education of Human Resources
Affiliated Researcher to the Center for College Readiness: 2013 – Present
The Fund for American Studies – Charles University, Prague, Czech Republic (summer)
American Institute on Political and Economic Systems - Faculty: 2008 – 2012
The Fund for American Studies - Georgetown University - MAICh, Crete, Greece (summer)
International Institute for Political and Economic Studies - Faculty: 2009
Clemson University - John E. Walker Department of Economics
Graduate Instructor, Teaching Assistant, Research Assistant: 2003 – 2007
EDUCATION
Clemson University:
Ph.D. in Applied Economics (Finance Thesis) – 2007
M.A. in Economics – 2004
Westminster College (PA):
B.S. Economics and Business Administration (Finance) – 2002
Massillon-Washington High School (Massillon, OH) – 1998
PUBLICATIONS (* with undergraduate student)
forthcoming Rotthoff, Kurt W. “(Not Finding a) Sequential Order Bias in Elite Level Gymnastics”
forthcoming in the Southern Economic Journal
Grecu, Anca and Kurt W. Rotthoff “Economic Growth and Obesity: Findings of an
Obesity Kuznets Curve” forthcoming in Applied Economics Letters
2014
Hernández-Julián, Rey and Kurt W Rotthoff (2014) “The Impact of College Football on
Academic Achievement” Economics of Education Review Volume 43, December,
Pages 141–147
Anders, Anne and Kurt W. Rotthoff (2014) “Is Home Field Advantage Driven by the
Fans? Evidence from Across the Ocean” Applied Economics Letters Volume 21,
Issue 16, pages 1165-1168
Morgan, Hillary and Kurt W Rotthoff (2014) “The Harder the Task, the Higher the
Score: Findings of a Difficulty Bias” Economic Inquiry Volume 52, Issue 3, pages
1014–1026
Rotthoff, Kurt W., Craig Depken, and Peter A. Groothuis (2014) “Influences on
Sponsorship Deals in NASCAR: Indirect Evidence from Time on Camera” Applied
Economics Volume: 46, Issue: 19, pages 2277 – 2289.
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PUBLICATIONS CONTINUED (* with undergraduate student)
2013
Rotthoff, Kurt W. (2013) “Stock Analysts Efficiency in a Tournament Structure: The
Impact of Analysts Picking a Winner and a Loser” Journal of Applied Financial
Research Vol II, pp 125-150
McCarthy, Lawrence and Kurt W. Rotthoff (2013) “Incentives on the Starting Grid in
Formula One Racing” The Journal of SPORT 2(2), 175-184
2012
Rotthoff, Kurt W. (2012) “Bankruptcy Behavior in the NFL: Does the Overtime Structure
Change the Strategy of the Game?” Journal of Economics and Finance Volume 36,
Issue 3, July, Pages 662-674
Limehouse, Frank F., Michael T. Maloney, and Kurt W. Rotthoff (2012) “Peak-Load
verse Discriminatory Pricing: Evidence from the Golf Industry” Review of Industrial
Organization Vol. 40, No. 3, May, Pages 151-165 (Lead Article)
Jasina, John and Kurt W. Rotthoff (2012) “A Model of Promotion and Relegation in
League Sports” Journal of Economics and Finance Volume 36, Issue 2, April,
Pages 303-318
2011
Groothuis, Peter A., Jana D. Groothuis, and Kurt W. Rotthoff (2011) “Time on Camera:
An Additional Explanation of NASCAR Tournaments” Journal of Sports Economics
Vol. 12, No. 5, October, 561-570
Rotthoff, Kurt W. (2011) “How Market Makers Affect Efficiency; Evidence Markets are
Becoming Less Efficient” Capital Markets Review Vol. 18, Nos. 1 & 2, 53-72
Rotthoff, Kurt W. (2011) “The Incentives Leading up to the 2008 Financial Crisis”
International Journal of Trade and Global Markets Vol. 4, No. 4 (Lead Article)
Dills, Angela K., Hillary N. Morgan, and Kurt W. Rotthoff (2011) “Recess, Physical
Education, and Elementary School Student Outcomes” Economics of Education
Review Volume 30, Issue 5, October, pages 889-900
Rotthoff, Kurt W., Danielle Zanzalari*, and John Jasina (2011) “What are the Odds? A
Measure of the Small Sample Problems” Applied Economics Letters Volume 18,
Issue 12, August, pages 1139-1143
Anders, Anne* and Kurt W. Rotthoff (2011) “Yellow Cards: Do They Matter?” Journal
of Quantitative Analysis in Sports January, Vol. 7:Iss. 1, Article 9
2010
Rotthoff, Kurt W. (2010) “Product Liability Litigation: An Issue of Merck and Lawsuits
over Vioxx” Applied Financial Economics December, Vol. 20, Is. 24, 1867-1878
Rotthoff, Kurt W. and Ann Mayo (2010) “Coaching Costs as Tullock Costs, A Model of
Rising Coaching Salaries” Economic Affairs October, Vol. 30, Is. 3, 65-69
2008
Jasina, John and Kurt W. Rotthoff (2008) “The Impact of a Professional Sports Franchise
on County Employment and Wages” International Journal of Sport Finance
November 2008, Vol. 3, Is. 4
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PUBLICATIONS CONTINUED (* with undergraduate student)
2008
Rotthoff, Kurt W. (2008) “Could Affirmative Action be Efficient in Higher Education?”
Economics Letters June. Vol 99/3 pp 574-576
OTHER (NON-REFEREED) PUBLICATIONS
Article (Inside Business): “Hurricane Sandy and the NJ Economy” Gateway Region Magazine –
Elizabeth, NJ January 2013, Vol. 16, No. 1
Article (Inside Business): “Insight…The Costs and Benefits of Natural Gas Fracking” Gateway
Region Magazine – Elizabeth, NJ March 2012, Vol. 15, No. 3
Book Review: “Money Games: Profiting from the Convergence of Sports and Entertainment”
Journal of Sports Economics February 2012 Vol. 13, Is. 1, 99-102
Article (Commentary): “Yes, Yes You Can Teach about Liberty” the John William Pope Center
for Higher Education Policy January 23, 2011
RESEARCH UNDER REVIEW
“Cultural Bias: Gymnasts, Judges, and Bilateral Trade Agreements” with Brian P Callahan* and
Sean Mulholland (revisions requested – The Journal of SPORT)
“Price-Increasing Competition: Evidence from Higher Education” with Angela K. Dills
“Structural Breaks in the Game: The Case of Major League Baseball” with Pete Groothuis and
Mark Strazicich (revisions requested – Journal of Sports Economics)
“The Impact of the NHL Lockout on County Employment” with John Jasina (revisions requested
– International Journal of Sport Finance)
“Surveying the Literature and People: The Economic Impact of Sports Teams and Civic Pride”
with Pete Groothuis
“Real Options Applied to Consumer Goods: A Look at Final Four Ticket Pricing” with
Jason Berkowitz
“Valuing a Lake Amenity: An Upper and Lower Bound” with Frank Tinari (revisions requested –
Journal of Legal Economics)
WORKING PAPERS and WORKS IN PROGRESS
“Discrete Utility Jumps: The Value of Money in the Hand”
“Revisiting Difficulty Bias, and Other Forms of Bias, in Elite Level Gymnastics” with Stephanie
Dunham* and Hillary N. Morgan
“Using a Market Benchmark to Explain Homerun Cycles: Babe Ruth is the Best Homerun Hitter
of All Time” with Pete Groothuis and Mark Strazicich
“Knowledge Decay between Semesters” with Angela K. Dills and Rey Hernández-Julián
“Professional “Amateurs” in the NCAA: The Impact of Downstream Demand” with Kaylyn
Sanbower*
“Price Discrimination in Higher Education” with Angela K. Dills
“The Implications of Inverted Tournaments”
“Distribution within Quality”
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COURSES TAUGHT
Seton Hall University: (evaluation average 4.4/5.0 ~ eight courses per year)
Graduate (MBA) – Financial Analysis, Economic Analysis, Sport Finance, Economics PreQualifier (online)
Undergraduate – Money and Banking, Economics and Finance in Sports, Economics and
Liberty, Principles of Microeconomics, Principles of Macroeconomics
Clemson University: (evaluation average 4.5/5.0 ~ four courses per year)
Undergraduate – Money and Banking, Economics of Sports, Principles of Microeconomics,
Principles of Macroeconomics
TA – Financial Economics (PhD), Microeconomics, Macroeconomics
AWARDS, FELLOWSHIPS, AND GRANTS
Researcher of the Year: Seton Hall University 2013, Stillman School of Business 2013
Beck’s Scholar Award: 2012/13, 2013/14
Charles G. Koch Charitable Foundation: Undergraduate Workshop Grant 2010 – 2015
Research and/or Teaching Achievement Award (Stillman) 2008 – 2014
Faculty Innovation Grant, Seton Hall University 2008/2009 – Using an online, wiki-based, source
to create an eBook for Sport Finance: Nominated for Faculty Best Practices Award
Honorable Mention, Economic Communicators Contest – APEE and MBMI, 2008
(Association of Private Enterprise Education and Market-Based Management Institute)
Walker Fellowship, Clemson University, Fall 2006
MEETING PRESENTATIONS
Academy of Economics and Finance: 2008
American Statistical Association: 2011
Eastern Economic Association: 2011, 2012, 2013
NCAA Scholarly Colloquium: 2010
Southern Economic Association: 2006, 2008, 2010, 2014
The Association of Private Enterprise Education: 2011, 2013
DEPARTMENT AND UNIVERSITY SERVICE
Seton Hall: Advisor for Economics: 2011 – Present, University Athletic Council 2010-present,
Undergraduate Education Policy Committee 2007-08; 2011-present (Chair 2012-2013,
2014-2015), Volunteer Assistant Swim Coach 2007-present, Mediator (Academic Grievance
Committee) 2012-present, University Undergraduate Admissions Committee 2011-12; 2014present, FASBEB (School of Business Executive Board) 2014-present; Faculty Development
Committee 2011-present (Chair 2011-13), Faculty Recruitment Committee 2007-09; 2012-13
(Chair), Nominations and Elections Committee 2007-13, Committee on Graduate Programs
Analysis 2012, MBA Foundations Course Coordinator 2009, Committee for the Academic
Support for Student Athletes (NCAA mandated) 2009
Senior Honor Thesis Advising: Chad Giganti (2011), Padmavathy Sonti (2012), Cassie Denbow
(2013), Kelly Freeman (2013), Rebecca Townsend (2013), Fred DeRitis (2014)
Clemson: Graduate Student Government: Senator 2003-2007, Volunteer Assistant Swim Coach 20032007
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PROFESSIONAL SERVICE
Referee: Applied Economics, Applied Financial Economics, Eastern Economic Journal, Economics of
Education Review, European Economic Review, Financial Review, Journal of Economic
Behavior and Organization, Journal of Economics and Finance, Journal of Economics and
International Finance, Journal of Quantitative Analysis in Sports, Journal of Sport Management,
Journal of Sports Economics, and Quarterly Review of Economics and Finance
TEDx Seton Hall University “A Look at Public Financing Projects” April 8, 2011
External Examiner - Dublin Institute of Technology
Postgraduate Diploma in Financial Services (Securitization) 2008 – 2009, 2014 – present
Session Chair: EEA, 2011, 2012; FMA, 2009
Paper Discussant: AEF, 2008; EEA, 2011, 2012, 2013; FMA, 2009; SEA, 2006, 2008, 2010
The State of New Jersey’s Department of Banking and Insurance – Economic Analysis Panel
December 1, 2010
“Markets, Freedom, and the Environment” A Colloquium for Academics
PERC and Liberty Fund, Inc. September 20-23, 2007
NYSE-Euronext Educators Workshop, August 2007
OTHER EXPERIENCE
Ad hoc Consulting Projects: Tinari Economics Group; Six-Mile Consulting Group
Member, Board of Directors Federan Inc. (Federan.org; non-profit – volunteer position):
2011 – 2014
Neutral Party Arbitrator
AFFILIATIONS
Academy of Economics and Finance
American Economic Association
American Finance Association
Eastern Economic Association
Financial Management Association
North American Association of Sports Economists
Southern Economic Association
REFERENCES
Robert Tollison
Clemson University, [email protected] (864) 656-0483
Pete Groothuis
Appalachian State University, [email protected] (828) 262-6077
Angela Dills
Providence College, [email protected] (401) 865-2590
Michael T. Maloney (emeritus)
Clemson University, [email protected] (864) 656-3430
Daniel K. Benjamin (emeritus)
Clemson University, [email protected] (864) 656-3964
Bruce Yandle (emeritus)
Clemson University, [email protected] (864) 650-6003
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MEDIA INTERVIEWS
Geographical “Geography and the Super Bowl” January 28, 2015
The Houston Chronicle “Do college coaches earn their million-dollar keep?” January 14, 2015
The Fiscal Times “The Super Disappointing Economics of the Super Bowl” January 31, 2014
NY1 (Television Interview) “Super Bowl’s Economic Impact May Fall Short of Goal” January
21, 2014
The Miami Herald “The Dolphins stadium renovation will "create more than 4,000 new local
jobs." April 23, 2013
NJBiz “Federal Data: Hiring Continues at Slow, Steady Pace” January 4, 2013
NJBiz “Labor reports another weak month of job growth” September 7, 2012
Kinesiology Today ”The House that Taxpayers Built” Fall 2012 (September 4, 2012)
The Academic Minute, A WAMC (Northeast Public Radio) National Production “Dr. Kurt
Rotthoff of Seton Hall University tests claims about the economic benefit of investing in
large sports arenas and stadiums.” July 5, 2012
The Rzeczpospolita daily (Poland) “Gdzie dosypać pieniędzy [Where to Sprinkle Money]”
July 1, 2012
NJBiz “ADP report: Jobs increase, but ‘we aren't stepping up to the next level'” April 4, 2012
NJBiz “Pharma Considers Personalization, Competition into Drug Costs” February 10, 2012
NJBiz “Drug Prices may Spark Development of Lower-Cost Alternatives” February 10, 2012
The Winner’s Circle “’Winning’ in NASCAR” January 28, 2012
The Portland Tribune “No NBA Season? Businesses may be Benched” September 1, 2011
Newsday (Long Island and New York City news) “Firm: Nassau loses big if Islanders move”
July 15, 2011
The Daily-News Record (Harrisonburg, VA) “Commentary: No Smart $$$, JMU Can’t Afford
Mega Contract” April 11, 2011
AllBusiness (Maplewood, NJ) “Fast Food vs. Independent Restaurants” July 23, 2010
The 40-year Plan “UConn and UNC Basketball; The Not-So Complete Picture of Recruiting
Expenses” April 1, 2010
The Record (North Jersey), Interview “Take me out to the ballparks” March 30, 2009
Seattle Post Intelligencer, Interview “A city with no Sonics: How life will change if NBA leaves
Seattle“ May 28, 2007
The Independent, Interview (Massillon, Ohio) “Rotthoff hopes teaching in Prague leads to him
learning“ May 28, 2007