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Ralph R. Frasca, Ph.D. - University of Dayton Academic Webserver

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V I T A<br />

RALPH R. FRASCA<br />

9116 Payne Farm Lane<br />

<strong>Dayton</strong>, OH 45458<br />

<strong>University</strong> Office: (937) 229-2405<br />

Email: <strong>Ralph</strong>.<strong>Frasca</strong>@notes.udayton.edu<br />

EDUCATION:<br />

<strong>Ph</strong>.D., Indiana <strong>University</strong>, Bloomington, Indiana, 1976<br />

MA, Indiana <strong>University</strong>, Bloomington, Indiana, 1972<br />

Certificate <strong>of</strong> Attendance, Chung-Ang <strong>University</strong>,<br />

Seoul, Republic <strong>of</strong> Korea, 1968<br />

BA, C.W. Post College, Brookville, New York, 1967<br />

AREAS OF SPECIALIZATION:<br />

Antitrust Economics<br />

Applied Economic Analysis<br />

Law and Economics<br />

Microeconomic Theory<br />

Personal Finance<br />

TEACHING AND ADMINISTRATIVE EXPERIENCE:<br />

COURSES TAUGHT:<br />

Pr<strong>of</strong>essor <strong>of</strong> Economics, 1999 – present<br />

Chair, Department <strong>of</strong> Economics and Finance, <strong>University</strong> <strong>of</strong> <strong>Dayton</strong>, 1992- 97,<br />

Associate Pr<strong>of</strong>essor <strong>of</strong> Economics, 1977- 1998,<br />

Admitted to Graduate Faculty, 1975;<br />

Assistant Pr<strong>of</strong>essor <strong>of</strong> Economics, 1972-76; <strong>University</strong> <strong>of</strong> <strong>Dayton</strong>, <strong>Dayton</strong>, Ohio.<br />

Adjunct Instructor, C.W. Post College, Brookville, New York, Summer, 1971.<br />

Associate Instructor, Indiana <strong>University</strong>, Bloomington, Indiana, 1969 -1972.<br />

Antitrust Economics<br />

CMA Review<br />

Economics and Life Care Planning<br />

Economic Development<br />

Economics in the Law<br />

Economics <strong>of</strong> the Environment<br />

Graduate Survey <strong>of</strong> Economics<br />

Graduate Survey <strong>of</strong> Finance<br />

Industrial Organization<br />

Intermediate Macroeconomics<br />

Intermediate Microeconomics<br />

Managerial Economics<br />

Money and Banking<br />

Principles <strong>of</strong> Macroeconomics<br />

Principles <strong>of</strong> Microeconomics<br />

Public Choice<br />

August 2011


<strong>Ralph</strong> R. <strong>Frasca</strong>, <strong>Ph</strong>.D. Page 2<br />

PUBLICATIONS:<br />

“A Unified Model <strong>of</strong> Settlement and Trial Expenditure: The Priest-Klein Model Extended,” (coauthor Marc Poitras)<br />

International Review <strong>of</strong> Law and Economics, (forthcoming).<br />

“Loss <strong>of</strong> Chance Rules and the Valuation <strong>of</strong> Loss <strong>of</strong> Chance Damages,” Journal <strong>of</strong> Legal Economics, Vol. 15, No. 2<br />

(2009), pp. 87-100.<br />

Personal Finance: An Integrated Planning Approach: Eighth Edition (New York: Pearson Prentice Hall, Inc.,<br />

2008).<br />

Instructors Manual for Personal Finance: An Integrated Planning Approach: Eight Edition, (New York: Prentice-<br />

Hall Inc., 2008).<br />

Test Bank to Accompany Personal Finance: Eight Edition, (New York: Prentice-Hall Inc., 2008).<br />

“Negligent Beginnings: Damages in Wrongful Conception, Wrongful Birth and Wrongful Life,” Journal <strong>of</strong> Forensic<br />

Economics, 19 (2), 2006, pp. 185-205.<br />

“Assessing Economic Damages in Personal Injury and Wrongful Death Litigation: The State <strong>of</strong> Ohio,” (coauthor<br />

David Boyd) Journal <strong>of</strong> Forensic Economics, 17(2), 2004, pp. 241-253.<br />

"An Economic Model for Calculating Prospective Inheritance,” Journal <strong>of</strong> Legal Economics, Vol. 12, No. 1, (2002),<br />

pp. 83-98.<br />

“Economic Issues and Arguments in High Income Child Support Cases,” Journal <strong>of</strong> Forensic Economics, Vol. 15,<br />

No. 1 (2002), pp. 31-44<br />

“Are Environmentalists Good for the Environment?” Buckeye Institute Op-Ed essay (2002)<br />

“Businesses are People Too,” Buckeye Institute Op-Ed essay (2002)<br />

“Ohio Supreme Court Engages in an Unconstitutional Taking” Buckeye Institute Op-Ed essay (2002)<br />

Personal Finance: An Integrated Planning Approach: Editions 1-7, coauthor Bernard Winger (New York: Prentice<br />

Hall, Inc. 7 th , 2005).<br />

“Mega-farm Legislation,” Policy Perspectives, Ohio Buckeye Institute (2000).<br />

“Economic Expansion and Equilibrium Unemployment,” (co-authored) Keio Economic Studies, Vol. 36, No. 2<br />

(1999).<br />

“Pollution Control Under an Urban Binding Minimum Wage,” (co-authored) The Annals <strong>of</strong> Regional Science , Vol.<br />

33 (1999) pp. 523 - 533.<br />

“Foreign Investment and Environmental Regulation in LDCs," (co-authored) Resource and Energy Economics Vol.<br />

21, (1999), pp. 191-199<br />

“Foreign Capital Accumulation and National Income: Does Unemployment Matter? (co-authored) Keio Economic<br />

Studies, Vol. 35, No. 1 (1998), pp. 19-27.<br />

Supplementary Internet Exercises to Accompany Personal Finance: An Integrated Planning Approach, Second –<br />

First Edition (co-authored) (New York: Prentice-Hall Inc., 2000).<br />

Personal Finance Templates: Fifth Edition (New York: Macmillan Publishing Co., 2000)


<strong>Ralph</strong> R. <strong>Frasca</strong>, <strong>Ph</strong>.D. Page 3<br />

“Personal Perspectives on the Relations Between Humans and Nature,” The <strong>University</strong> <strong>of</strong> <strong>Dayton</strong> Review, Vol. 24,<br />

No. 2, (Winter 1996-97), pp. 69 – 74.<br />

“An Analysis <strong>of</strong> Regional Pollution and Multinational Firms,” (co-authored) Ecological Economics, Vol. 17 (1996),<br />

pp. 117-125.<br />

“The Americans with Disabilities Act: New Opportunities for Forensic Economists, “(co-authored) Journal <strong>of</strong><br />

Forensic Economics, Vol. 6, No. 2 (1993), pp. 81-92.<br />

“Book Review: Antitrust Economics on Trial,” International Review <strong>of</strong> Economics and Finance, Vol. I, No. 3<br />

(1992), pp. 291-293.<br />

“ The Inclusion <strong>of</strong> Fringe Benefits in Estimates <strong>of</strong> Earnings Loss: A Comparative Analysis,” Journal <strong>of</strong> Forensic<br />

Economics, Vol. V, No. 2 (Spring/Summer 1992), pp. 127-136. Reprinted in Roger T. Kaufman, James D. Rogers<br />

and Gerald D. Martin, Economic Foundations <strong>of</strong> Injury and Death Damages (An Elgar Reference Collection: 2005).<br />

“Breach <strong>of</strong> Contract: The Calculation <strong>of</strong> Expectation Loss in the Presence <strong>of</strong> Successive Investments,” (co-authored)<br />

<strong>University</strong> <strong>of</strong> Toronto Law Journal, Vol. 41 (1991) pp. 591-599.<br />

“The Valuation <strong>of</strong> Defined Pension Benefits as a Marital Asset: An Abundance <strong>of</strong> Approaches,” Journal <strong>of</strong> Forensic<br />

Economics, Vol. IV, No. 1 (Winter 1990) pp. 47-54.<br />

Investments: Introduction to Analysis and Planning: Second Edition (co-authored) (New York: Macmillan<br />

Publishing Co., 1990).<br />

Investment Templates: Second Edition (New York: Macmillan Publishing Co., 1990).<br />

“An Investigation into the Nelson Median and the Mean Age at Final Separation from the Labor Force,” (coauthored)<br />

Journal <strong>of</strong> Forensic Economics, Vol. II, No. 3 (August 1989) pp. 103-114.<br />

“Selecting a Discount Rate: An Appropriate Discount Rate for Calculating the Present Value <strong>of</strong> Future Defined<br />

Pension Benefits,” Journal <strong>of</strong> Forensic Economics, Vol. II, No. 2 (April 1989) pp. 85-86.<br />

“The LPE Method Has Serious Flaws: The Life- Participation Earnings Approach,” (co-authored) Trial, Vol. 23,<br />

No. 1 (July 1987) pp. 56-59.<br />

“Structuring Settlements: Who Wins?” (Co-authored) Trial, Vol. 18, No. 8 (August 1982) pp. 40-43.<br />

“Instability in Voluntary Contributions Based Upon Jointness in Supply,” Public Choice, Vol. 37, No. 3 (1981) pp.<br />

435-445.<br />

“The Distributional Implications <strong>of</strong> a Voluntary Public Goods Model with Conjectural Variations and Rational<br />

Expectations,” Journal <strong>of</strong> Economics, Vol. VII (1981) pp. 46-50.<br />

“The Provision <strong>of</strong> a Public Good Under Cournot Behavior: Stability Conditions,” Public Choice, Vol. 35, No. 4<br />

(1980), pp. 35-43.<br />

PAPERS AND PROFESSIONAL PARTICIPATION:<br />

Participant, ATUS-X Workshop on American Time Use Survey (ATUS) and the ATUS Data Extract Builder<br />

(ATUS-X), <strong>University</strong> <strong>of</strong> Maryland Population Research Center, 2011.<br />

“Negligent Beginnings: Wrongful Pregnancy, Wrongful Birth, and Wrongful Life,” National Association <strong>of</strong><br />

Forensic Economics (2006) Boston, Massachusetts


<strong>Ralph</strong> R. <strong>Frasca</strong>, <strong>Ph</strong>.D. Page 4<br />

“Loss <strong>of</strong> Chance Rules and the Valuation <strong>of</strong> Loss <strong>of</strong> Chance Damages” Western Economic International Association<br />

Meetings (2004), Vancouver, Canada.<br />

Lecturer, Life Care Planner Program, Capital <strong>University</strong> Law School, 2004 – 2005.<br />

Chair <strong>of</strong> the Midwest regional meetings <strong>of</strong> the National Association <strong>of</strong> Forensic Economics at the Midwest<br />

Economic Association, Cincinnati, Ohio, March 1995.<br />

Co-chair <strong>of</strong> the national meetings <strong>of</strong> the National Association <strong>of</strong> Forensic Economics at the Allied Social Science<br />

Association, Washington, D.C., January 1995.<br />

The Buckeye Institute, Board <strong>of</strong> <strong>Academic</strong> Advisors, 1994-present.<br />

Midwest Regional Vice President, National Association <strong>of</strong> Forensic Economics, 1994-1999.<br />

LEC Law Institute for <strong>Academic</strong> Economists, George Mason School <strong>of</strong> Law at Dartmouth College, July 1994.<br />

Representative for <strong>University</strong> <strong>of</strong> <strong>Dayton</strong> Management Development Center in China, October, 1992,<br />

Publication referee for the Journal <strong>of</strong> Forensic Economics<br />

Publication referee Litigation Economics Review<br />

“The Valuation <strong>of</strong> Fringe Benefits: A Comparative Analysis,” presented at the Allied Social Science Association/<br />

National Association <strong>of</strong> Forensic Economists Meetings, December 1990.<br />

“The Valuation <strong>of</strong> Defined Pension Benefits as a Marital Asset: An Abundance <strong>of</strong> Approaches,” presented at the<br />

Eastern Economic Association Meetings, March 1990.<br />

Certified Financial Planner, completed certification, 1989.<br />

“An Investigation into the Nelson Median and the Mean Age at Final Separation from the Labor Force,” presented at<br />

the Allied Social Science Association/ National Association <strong>of</strong> Forensic Economists Meetings, December 1988.<br />

“The Use <strong>of</strong> Presumptive Exchange for Establishing a Minimum Value on Lost Society and Companionship: The<br />

Wrongful Death <strong>of</strong> a Child,” presented at the Western Social Association Meetings, April 1988.<br />

Regional Director, The National Association <strong>of</strong> Forensic Economics, 1986-1987.<br />

Charter Member <strong>of</strong> the National Association <strong>of</strong> Forensic Economics, 1986.<br />

“If it’s cheap, Americans think, it can’t be any good,” The Journal Herald (March 18, 1985).<br />

“Valuation <strong>of</strong> a Pr<strong>of</strong>essional Degree in Divorce,” presented at the Conference <strong>of</strong> Domestic Relations Judges,<br />

Columbus, Ohio, 1983.<br />

“Free Choice and Freedom: Definitional and Psychological Implications,” presented at the Liberty Fund Seminar on<br />

Austrian Economics, Institute for Human Studies, July 1982.<br />

“The Child as Consumer Durable,” presented at the Law and Economics Society Meetings, 1982.<br />

Participant in NSF funded project on Direct Broadcast Satellites: Policy Issues November 1982.<br />

Observer, at the Liberty Fund Seminar on “Defending a Free Society While Preserving Individual Freedom,”<br />

<strong>University</strong> <strong>of</strong> <strong>Dayton</strong>, October 1981.


<strong>Ralph</strong> R. <strong>Frasca</strong>, <strong>Ph</strong>.D. Page 5<br />

“The Voluntary Provision <strong>of</strong> Public Goods: Stability Conditions,” presented at the Midwest Economic Association<br />

Meetings, April 1979.<br />

“An Empirical Analysis <strong>of</strong> Price-Fixing Behavior in the Context <strong>of</strong> a Benefit Cost Model,” presented at the Eastern<br />

Economic Association Meetings, April 1977.<br />

Participant, Liberty Fund Seminar, <strong>University</strong> <strong>of</strong> Rochester, 1977.<br />

“An Analysis <strong>of</strong> Embodied and Dis-embodied Size Economies,” presented at the Eastern Economic Association<br />

Meetings, April 1976.<br />

The Relationship Between Plant Concentration and Economic Development, <strong>Ph</strong>.D. dissertation, Indiana <strong>University</strong>,<br />

1976.<br />

WORK IN PROGRESS<br />

Medical Price Indexes<br />

Secondary Child Care as Household Production<br />

Household Production in Retirement<br />

ECONOMIC EVALUATION AND EXPERT TESTIMONY<br />

Antitrust Damages<br />

Business Loss in Breach <strong>of</strong> Contract<br />

Cost <strong>of</strong> Raising a Child<br />

Economic Valuation <strong>of</strong> a Pr<strong>of</strong>essional Degree<br />

Lost Earning Capacity in Wrongful Death and Personal Injury<br />

Lost Earnings from Employment Discrimination and Wrongful Termination<br />

Pension Benefit Valuation<br />

JURISDICTIONS IN WHICH TESTIMONY HAS BEEN ACCEPTED<br />

Butler County Common Pleas Court<br />

Clark County Common Pleas Court<br />

Clermont County Domestic Relations Court<br />

Cuyahoga County Common Pleas Court, Juvenile Division<br />

Franklin County Common Pleas Court<br />

Greene County Common Pleas Court<br />

Lake County Common Pleas Court, Juvenile Division<br />

Hamilton County Court <strong>of</strong> Common Pleas<br />

Hamilton County Domestic Relations Court<br />

Miami County Common Pleas Court<br />

Montgomery County Common Pleas Court<br />

Montgomery Count Domestic Relations Court<br />

United States District Court, Southern District <strong>of</strong> Ohio<br />

Warren County Court <strong>of</strong> Common Pleas<br />

Washington County Common Pleas Court<br />

PROFESSIONAL MEMBERSHIPS:<br />

American Economic Association<br />

Buckeye Institute Board <strong>of</strong> Research Advisors<br />

National Association <strong>of</strong> Forensic Economics

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