Donna Potter
Executive Secretary

P:  (540) 464-7234
F:  (540) 464-7005

Virginia Military Institute
345 Scott Shipp Hall
Lexington, VA  24450

Contact ECBU


Faculty Research

Lt. Col. Sam Allen

 Publications  

  • “Correlates of Tanning Facility Densities in North Carolina” (with Treme, J.) North Carolina Medical Journal. 
  • "Demand for Graduate Business Programs in the US, 1989-2007." (with Williams, R. D. '07) Virginia Economic Journal. 
  • "Social Insurance and Truncated Benefits: Measuring the Impacts of Workers' Compensation." Economics Research International.

Conference Presentations 

  • "The Impact of Progressive Era Labor Regulations on the Manufacturing Labor Market." Southern Economics Association (New Orleans, LA). 
  • "The Impact of Progressive Era Labor Regulations on the Manufacturing Labor Market." Appalachian Spring History & Economics Conference (Boone, NC).

SURI Advisor 

  • Leah Schubel: “Going Pro in Something Other than Sports.” presented at Issues in Political Economy Conference (Boston, MA) and the Virginia Association of Economists (Richmond Federal Reserve Bank). 

Col. Atin Basu

Publications 

  • “Modeling Signaling Games with Decision Trees.” (with Cobb, B. and Hartman, G.). Theoretical Economics Letters. 
  • “Community annotation and the evolution of cooperation: how patience matters” (with Mazumder, R. and Simoyan, V.). The Open Bioinformatics Journal.

Presentations 

  • “Cultural Assimilation: The Political Economy of Psychology as an Evolutionary Game Theoretic Dynamic.” (with Cotting, D. and Siemers, T.) Public Choice Society meetings (New Orleans, LA).
  • “A Psychologist, an Economist, and a Mathematician walk into a Bar: A new Framework for the Psychology of Group Interactions,” (with Cotting, D. and Siemers, T.) Symposium at the 25th APS Annual Convention (Washington, DC).

Invited Presentations 

  • 2012 Explorations in Cyber International Relations, Harvard MIT.
  • “A Briefing on the Evolution of Revolution: The Role of Patience.” 2012 Minerva Conference organized by the US Department of Defense.

Institute Honors Advisor 

  • Cadet Ben Waterbury: “The Role of Patience in the Evolution of Institutions”
  • Jeremy Bellot (Les écoles de Saint-Cyr Coëtquidan) “The Evolution of Honor Codes.”

Awards 

  • Named Roberts Chair in Free Enterprise.
  • Named winner of the Brower Undergraduate Research Award.

Other Activity 

  • Negotiated a faculty exchange program with the French Military Academy at St. Cyr.

Lt. Col. Barry Cobb

Publications 

  • “Finding mixed strategy Nash equilibria with decision trees.” (with Sen, T.) International Review of Economics Education. 
  • “Inventory management with log-normal demand per unit time.” (with Rumí, R., Salmerón, A.) Computers & Operations Research. 
  • “Spreadsheet modeling of (Q,R) inventory policies.” Decision Sciences Journal of Innovative Education. 
  • “Mixed strategy Nash equilibria in signaling games.” (with Basuchoudhary, A., Hartman, G. N.) Theoretical Economics Letters. 
  • “Piecewise linear approximations of nonlinear deterministic conditionals in continuous Bayesian networks.” (with Shenoy, P. P.) Proceedings of the Sixth European Workshop on Probabilistic Graphical Models (Cano, A., Gómez-Olmedo, M. and Nielsen, T.D., eds) 
  • “Approximating the distribution of a sum of log-normal random variables.” (with Salmerón, A., Rumí, R.) Proceedings of the Sixth European Workshop on Probabilistic Graphical Models (Cano, A., Gómez-Olmedo, M. and Nielsen, T.D., eds.).

Grants 

  • United States Department of Defense through the Naval Postgraduate School, Acquisition Research Program, “Modeling uncertainty in military supply chain management decisions,” September 2012--May 2014.

Presentations 

  • “Piecewise linear approximations of nonlinear deterministic conditionals in continuous Bayesian networks,” Sixth European Workshop on Probabilistic Graphical Models (Granada, Spain).
  • “Approximating the distribution of a sum of log-normal random variables,” Sixth European Workshop on Probabilistic Graphical Models (Granada, Spain). 
  • “Modeling uncertainty in military supply chain management decisions,” Air Force Institute of Technology (Wright-Patterson AFB, OH).

Maj. Valentina Dimitrova-Grajzl

Publications 

  • Judicial Incentives and Performance in Lower Courts: Evidence from Slovenian Judge-Level Data" (with Peter Grajzl, Janez Sustersic, and Katarina Zajc) Review of Law and Economics.

Presentations 

  • Honors Week Faculty Presentation, Virginia Military Institute
  • "Jurisdiction and Development in Indian Country: New Evidence on the Impact of Public Law 280" Southern Economics Association
  • "Jurisdiction and Development in Indian Country: New Evidence on the Impact of Public Law 280" Society of Government Economists
  • "Jurisdiction and Development in Indian Country: New Evidence on the Impact of Public Law 280" Virginia Military Institute, Roberts Lunch Seminar

Undergraduate Research 

  • Honors Thesis Supervisor for Cadet Simone Jimenez, “Significance and Determinants of Consumer Confidence: Empirical Investigation of Individual-level Data”
     

Maj. Jennifer Gerow

Publications 

  • "Can we have fun @ work? The role of intrinsic motivation for utilitarian systems," (with Ayyagari, R., Thatcher, J.B., and Roth, P.L.) European Journal of Information Systems.

Conference Papers 

  • “Research-in-Progress: Understanding the Relationship between IT-Business Strategic Alignment and Firm Performance,” SAIS 2013 Proceedings (Savannah, GA).
  • "Power and Politics: Do CIOs Have What It Takes to Influence the Executive Team's Commitment to IT Initiatives?," (with Grover, V., and Thatcher, J.B.) AMCIS 2012 Proceedings (Seattle, WA).

Lt. Col. Raymond MacDermott

Publications 

  • “The Impact of Assessment Policy on Learning: Replacement Exam or Grade Dropping” Journal of Economic Education.

Conference Presentations 

  • “The Effect of Cultural Differences on Foreign Direct Investment” Western Economics Association (San Francisco, CA). 
  • “The Effect of Cultural Differences on Foreign Direct Investment” New York State Economics Association (Farmingdale, NY). 
  • “The Impact of Assessment Policy on Learning: Replacement Exam or Grade Dropping” Virginia Association of Economists (Richmond, VA).

Other 

  • Elected as a board member of the Virginia Association of Economists

Col. Robert Moreschi

Presentations 

  • “Does Your Business Need More Capital and How Can it be Acquired.” Business Profitability Seminar for clients of Cornerstone Bank.
  • “Using Trusts as a Means to Reduce Retirement Funding Shortfalls.” Academy of Financial Services Conference (San Antonio, TX).

Consulting 

  • Managing Principal with Presidio Securities, Inc., an institutional financial services firm.
    Editorials 
  • Associate Editor of the Academy of Economics and Finance Journal (AEFJ). 
  • Editorial Board Member of the Journal of Personal Finance (JPF). 
  • Director on the Board of the Academy of Financial Services (AFS).

Honors 

  • Inducted into the VMI Chapter of Kappa Alpha Order, the National Fraternity.

Lt. Col. Jeff Smith

Publications 

  • “The Return Characteristics of Diamonds.” (with Small, K. W., and Small, E.) Journal of Investing. 
  • “Retirement Pay and Officer Retention.” (with West, J. E.) National Bureau of Economic Research Working Paper #18502. 
  • “An Examination of Diamonds as an Alternative Asset Class: Do They Have What it Takes to Make a Portfolio Sparkle?” (with Small, K. W., and Small, E.) Journal of Wealth Management.

Presentations 

  • “The Return Characteristics of Diamonds.” (with Small, K. W., and Small, E.) Southern Finance Association (Charleston, SC).
  • “Retirement Pay and Officer Retention.” (with West, J. E.) National Bureau of Economic Research on State and Local Pensions (Jackson Hole, WY).