V I T A RALPH R. FRASCA



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V I T A RALPH R. FRASCA University Office: (937) 229-2405 Email: frasca@udayton.edu EDUCATION: Ph.D., Indiana University, Bloomington, Indiana, 1976 MA, Indiana University, Bloomington, Indiana, 1972 Certificate of Attendance, Chung-Ang University, Seoul, Republic of Korea, 1968 BA, C.W. Post College, Brookville, New York, 1967 AREAS OF SPECIALIZATION: Antitrust Economics Applied Economic Analysis Law and Economics Microeconomic Theory Personal Finance TEACHING AND ADMINISTRATIVE EXPERIENCE: COURSES TAUGHT: Professor of Economics, 1999 present Chair, Department of Economics and Finance, University of Dayton, 1992-97, Associate Professor of Economics, 1977-1998, Admitted to Graduate Faculty, 1975; Assistant Professor of Economics, 1972-76; University of Dayton, Dayton, Ohio. Adjunct Instructor, C.W. Post College, Brookville, New York, Summer, 1971. Associate Instructor, Indiana University, Bloomington, Indiana, 1969-1972. Antitrust Economics CMA Review Economics and Life Care Planning Economic Development Economics in the Law Economics of the Environment Graduate Survey of Economics Graduate Survey of Finance Industrial Organization Intermediate Macroeconomics Intermediate Microeconomics Managerial Economics Money and Banking Principles of Macroeconomics Principles of Microeconomics Public Choice

Ralph R. Frasca, Ph.D. Page 2 PUBLICATIONS: A Unified Model of Settlement and Trial Expenditure: The Priest-Klein Model Extended, (coauthor Marc Poitras) International Review of Law and Economics, Vol. 31, Issue 3 (2011), pp. 188-195. Loss of Chance Rules and the Valuation of Loss of Chance Damages, Journal of Legal Economics, Vol. 15, No. 2 (2009), pp. 87-100. Personal Finance: An Integrated Planning Approach: Eighth Edition (New York: Pearson Prentice Hall, Inc., 2008). Instructors Manual for Personal Finance: An Integrated Planning Approach: Eight Edition, (New York: Prentice- Hall Inc., 2008). Test Bank to Accompany Personal Finance: Eight Edition, (New York: Prentice-Hall Inc., 2008). Negligent Beginnings: Damages in Wrongful Conception, Wrongful Birth and Wrongful Life, Journal of Forensic Economics, 19 (2), 2006, pp. 185-205. Assessing Economic Damages in Personal Injury and Wrongful Death Litigation: The State of Ohio, (coauthor David Boyd) Journal of Forensic Economics, 17(2), 2004, pp. 241-253. "An Economic Model for Calculating Prospective Inheritance, Journal of Legal Economics, Vol. 12, No. 1, (2002), pp. 83-98. Economic Issues and Arguments in High Income Child Support Cases, Journal of Forensic Economics, Vol. 15, No. 1 (2002), pp. 31-44 Are Environmentalists Good for the Environment? Buckeye Institute Op-Ed essay (2002) Businesses are People Too, Buckeye Institute Op-Ed essay (2002) Ohio Supreme Court Engages in an Unconstitutional Taking Buckeye Institute Op-Ed essay (2002) Personal Finance: An Integrated Planning Approach: Editions 1-7, coauthor Bernard Winger (New York: Prentice Hall, Inc. 7 th, 2005). Mega-farm Legislation, Policy Perspectives, Ohio Buckeye Institute (2000). Economic Expansion and Equilibrium Unemployment, (co-authored) Keio Economic Studies, Vol. 36, No. 2 (1999). Pollution Control Under an Urban Binding Minimum Wage, (co-authored) The Annals of Regional Science, Vol. 33 (1999) pp. 523-533. Foreign Investment and Environmental Regulation in LDCs," (co-authored) Resource and Energy Economics Vol. 21, (1999), pp. 191-199 Foreign Capital Accumulation and National Income: Does Unemployment Matter? (co-authored) Keio Economic Studies, Vol. 35, No. 1 (1998), pp. 19-27. Supplementary Internet Exercises to Accompany Personal Finance: An Integrated Planning Approach, Second First Edition (co-authored) (New York: Prentice-Hall Inc., 2000). Personal Finance Templates: Fifth Edition (New York: Macmillan Publishing Co., 2000)

Ralph R. Frasca, Ph.D. Page 3 Personal Perspectives on the Relations Between Humans and Nature, The University of Dayton Review, Vol. 24, No. 2, (Winter 1996-97), pp. 69 74. An Analysis of Regional Pollution and Multinational Firms, (co-authored) Ecological Economics, Vol. 17 (1996), pp. 117-125. The Americans with Disabilities Act: New Opportunities for Forensic Economists, (co-authored) Journal of Forensic Economics, Vol. 6, No. 2 (1993), pp. 81-92. Book Review: Antitrust Economics on Trial, International Review of Economics and Finance, Vol. I, No. 3 (1992), pp. 291-293. The Inclusion of Fringe Benefits in Estimates of Earnings Loss: A Comparative Analysis, Journal of Forensic Economics, Vol. V, No. 2 (Spring/Summer 1992), pp. 127-136. Reprinted in Roger T. Kaufman, James D. Rogers and Gerald D. Martin, Economic Foundations of Injury and Death Damages (An Elgar Reference Collection: 2005). Breach of Contract: The Calculation of Expectation Loss in the Presence of Successive Investments, (co-authored) University of Toronto Law Journal, Vol. 41 (1991) pp. 591-599. The Valuation of Defined Pension Benefits as a Marital Asset: An Abundance of Approaches, Journal of Forensic Economics, Vol. IV, No. 1 (Winter 1990) pp. 47-54. Investments: Introduction to Analysis and Planning: Second Edition (co-authored) (New York: Macmillan Publishing Co., 1990). Investment Templates: Second Edition (New York: Macmillan Publishing Co., 1990). An Investigation into the Nelson Median and the Mean Age at Final Separation from the Labor Force, (coauthored) Journal of Forensic Economics, Vol. II, No. 3 (August 1989) pp. 103-114. Selecting a Discount Rate: An Appropriate Discount Rate for Calculating the Present Value of Future Defined Pension Benefits, Journal of Forensic Economics, Vol. II, No. 2 (April 1989) pp. 85-86. The LPE Method Has Serious Flaws: The Life- Participation Earnings Approach, (co-authored) Trial, Vol. 23, No. 1 (July 1987) pp. 56-59. Structuring Settlements: Who Wins? (Co-authored) Trial, Vol. 18, No. 8 (August 1982) pp. 40-43. Instability in Voluntary Contributions Based Upon Jointness in Supply, Public Choice, Vol. 37, No. 3 (1981) pp. 435-445. The Distributional Implications of a Voluntary Public Goods Model with Conjectural Variations and Rational Expectations, Journal of Economics, Vol. VII (1981) pp. 46-50. The Provision of a Public Good Under Cournot Behavior: Stability Conditions, Public Choice, Vol. 35, No. 4 (1980), pp. 35-43. PAPERS AND PROFESSIONAL PARTICIPATION: Participant, ATUS-X Workshop on American Time Use Survey (ATUS) and the ATUS Data Extract Builder (ATUS-X), University of Maryland Population Research Center, 2011. Negligent Beginnings: Wrongful Pregnancy, Wrongful Birth, and Wrongful Life, National Association of Forensic Economics (2006) Boston, Massachusetts

Ralph R. Frasca, Ph.D. Page 4 Loss of Chance Rules and the Valuation of Loss of Chance Damages Western Economic International Association Meetings (2004), Vancouver, Canada. Lecturer, Life Care Planner Program, Capital University Law School, 2004 2005. Chair of the Midwest regional meetings of the National Association of Forensic Economics at the Midwest Economic Association, Cincinnati, Ohio, March 1995. Co-chair of the national meetings of the National Association of Forensic Economics at the Allied Social Science Association, Washington, D.C., January 1995. The Buckeye Institute, Board of Academic Advisors, 1994-present. Midwest Regional Vice President, National Association of Forensic Economics, 1994-1999. LEC Law Institute for Academic Economists, George Mason School of Law at Dartmouth College, July 1994. Representative for University of Dayton Management Development Center in China, October, 1992, Publication referee for the Journal of Forensic Economics Publication referee Litigation Economics Review The Valuation of Fringe Benefits: A Comparative Analysis, presented at the Allied Social Science Association/ National Association of Forensic Economists Meetings, December 1990. The Valuation of Defined Pension Benefits as a Marital Asset: An Abundance of Approaches, presented at the Eastern Economic Association Meetings, March 1990. Certified Financial Planner, completed certification, 1989. An Investigation into the Nelson Median and the Mean Age at Final Separation from the Labor Force, presented at the Allied Social Science Association/ National Association of Forensic Economists Meetings, December 1988. The Use of Presumptive Exchange for Establishing a Minimum Value on Lost Society and Companionship: The Wrongful Death of a Child, presented at the Western Social Association Meetings, April 1988. Regional Director, The National Association of Forensic Economics, 1986-1987. Charter Member of the National Association of Forensic Economics, 1986. If it s cheap, Americans think, it can t be any good, The Journal Herald (March 18, 1985). Valuation of a Professional Degree in Divorce, presented at the Conference of Domestic Relations Judges, Columbus, Ohio, 1983. Free Choice and Freedom: Definitional and Psychological Implications, presented at the Liberty Fund Seminar on Austrian Economics, Institute for Human Studies, July 1982. The Child as Consumer Durable, presented at the Law and Economics Society Meetings, 1982. Participant in NSF funded project on Direct Broadcast Satellites: Policy Issues November 1982. Observer, at the Liberty Fund Seminar on Defending a Free Society While Preserving Individual Freedom, University of Dayton, October 1981.

Ralph R. Frasca, Ph.D. Page 5 The Voluntary Provision of Public Goods: Stability Conditions, presented at the Midwest Economic Association Meetings, April 1979. An Empirical Analysis of Price-Fixing Behavior in the Context of a Benefit Cost Model, presented at the Eastern Economic Association Meetings, April 1977. Participant, Liberty Fund Seminar, University of Rochester, 1977. An Analysis of Embodied and Dis-embodied Size Economies, presented at the Eastern Economic Association Meetings, April 1976. The Relationship Between Plant Concentration and Economic Development, Ph.D. dissertation, Indiana University, 1976. WORK IN PROGRESS Medical Price Indexes Secondary Child Care as Household Production Household Production in Retirement ECONOMIC EVALUATION AND EXPERT TESTIMONY Antitrust Damages Business Loss in Breach of Contract Cost of Raising a Child Economic Valuation of a Professional Degree Lost Earning Capacity in Wrongful Death and Personal Injury Lost Earnings from Employment Discrimination and Wrongful Termination Pension Benefit Valuation JURISDICTIONS IN WHICH TESTIMONY HAS BEEN ACCEPTED Butler County Common Pleas Court Clark County Common Pleas Court Clermont County Domestic Relations Court Cuyahoga County Common Pleas Court, Juvenile Division Fairfield County Common Pleas Court Franklin County Common Pleas Court Greene County Common Pleas Court Lake County Common Pleas Court, Juvenile Division Hamilton County Court of Common Pleas Hamilton County Domestic Relations Court Miami County Common Pleas Court Montgomery County Common Pleas Court Montgomery Count Domestic Relations Court United States District Court, Southern District of Ohio Warren County Court of Common Pleas Washington County Common Pleas Court PROFESSIONAL MEMBERSHIPS: American Economic Association Buckeye Institute Board of Research Advisors National Association of Forensic Economics