Michael L. Davis Ph.D.
Education
Ph.D., Southern Methodist University, Dallas, Texas, 1983
B.S., University of Missouri, Columbia, Missouri, 1975
Courses Taught
Graduate
Applied Managerial Economics
Law and Economics (at SMU School of Law)
Government and Business
Microeconomic Theory
Undergraduate
Law and Economics
Government Regulation of Business
Industrial Organization
Money and Banking
Microeconomic Theory (Principles and Intermediate)
Macroeconomic Theory (Principles and Intermediate)
Current Research
“Safety Services: Implicit Valuation by Type of Crime”, (With K. Hayes) To be presented at the annual meetings of the Southern Economics Association.
“Measuring the Value of Publicly Funded Sports Facilities”, (With Philip Porter).To be presented at the annual meetings of the Southern Economics Association.
Majority Rules and Minority Rights as an Exercise in Decision-Making Under Uncertainty.
The Value of Diversification in Multiple Member Legislative Districts.
Consuming in the Shadow of Death: Non-Pecuniary Loss in a Model of Temporal Choice.
"A New Frontier Approach to Measuring Inefficiency", with K. Hayes, submitted to Review of Economics and Statistics, revision requested.
On the Demand for Parachutes and Wills: Reference Behavior, Certainty Equivalence and Temporal Choice.
An Economic Analysis of Statutory Damage Multipliers.(Presented at the annual meetings of the American Law and Economics Association.)
Publications
"The Impact of Rules Allocating Legal Responsibility Between Principals and Agents", forthcoming, Managerial and Decision Economics.
"Towards a Positive Theory of Political Rhetoric: Why Do Politicians Lie?", forthcoming, Public Choice (1995)
"The Value of Truth and the Optimal Standard of Proof in Legal Proceedings", Journal of Law Economics and Organization (1994).
Grants, Honors & Awards
- 1992 Duncan Black Prize for the best paper in Public Choice
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