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Frank Scott  
Gatton Endowed Professor in Economics
Department of Economics
MBA One Year Program

Website  |  Vita
 
Contact Information:
Office Location:  
335M Gatton College of Business and Economics
Lexington, KY 40506
  Email: fscott@uky.edu
Phone: 859.257.7643
Fax: 859.323.1920
 
Biography:
Frank Scott is Gatton Professor of Economics at the University of Kentucky. Formerly he has been an Assistant Professor at Auburn University and Assistant and Associate Professor at the University of Kentucky. He graduated from the College of William and Mary in 1973, majoring in economics. He received the Ph.D. in economics from the University of Virginia in 1979. His teaching interests include microeconomic theory, industrial organization, managerial economics, and law and economics. His research interests include industrial organization, regulation of business, public policy, and applied microeconomics in general. He has published in a variety of academic journals on topics such as franchising, antitrust, tax policy and labor compensation, utility regulation and ratemaking, the economics of lotteries, and the economics of professional sports industries. He has received funding for his research from a variety of federal and state sources. He has served as a consultant to several state and federal government agencies and as a consultant and expert witness for the U.S. Department of Justice and numerous private-sector businesses.
 
Education:
1979 - PHD, Economics, University Of Virginia
1973 - BA, Economics, College Of William And Mary
 
Recent Publications:
Articles (38):
"Concentration and Market Structure in Local Real Estate Markets"
Real Estate Economics - Year: 2012
Volume: 40  Issue: 3  Page Number(s): 422-460
"Pricing Anomalies in the Market for Diamonds: Evidence of Conformist Behavior"
Economic Inquiry - Year: 2010
Volume: 48  Issue: 2  Page Number(s): 353-368
Deregulation in the Electric Utility Industry: Excess Capacity and the Transition to a Long Run Competitive Market
Growth And Change: A Journal Of Urban And Regional Policy - Year: 2004
Volume: 35  Page Number(s): 1-21
Is There Job Lock?
Southern Economic Journal - Year: 2004
Volume: 70  Page Number(s): 953-976
Children, Nondiscriminatory Provision of Fringe Benefits, and Household Labor Market Decisions
Research in Labor Economics - Year: 2003
Page Number(s): 309-349
COBRA, Spouse Coverage, and Health Insurance Decisions of Older Households
Journal of Forensic Economics - Year: 2002
Volume: 15  Page Number(s): 147-164
Critical Mass in the Production of Ph.D.'s: A Multi-Disciplinary Study
Economics of Education Review - Year: 2002
Volume: 21  Issue: 2  Page Number(s): 29-42
Bounding Parameter Estimates with Non-Classical Measurement Error
Journal Of American Statistical Association - Year: 2000
Volume: 95  Page Number(s): 739-748
Great School Milk Conspiracies Revisited
Review Of Industrial Organization - Year: 2000
Volume: 17  Page Number(s): 325-341
Participation Patterns for AFDC and SSI: An Examination of Differences among Kentucky Counties
The Kentucky Journal of Economics and Business - Year: 2000
Volume: 19  Page Number(s): 49-67
Health Insurance Coverage of the Unemployed: COBRA and the Potential Effects of Kassebaum-Kennedy
Journal Of Policy Analysis And Management - Year: 1999
Volume: 18  Page Number(s): 430-448
Electricity Deregulation Will Benefit Urban and Rural Kentuckians
Foresight - Year: 1998
Volume: 5  Issue: 2  
How Well Do We Measure Employer-Provided Health Insurance?
Contemporary Economic Policy - Year: 1998
Volume: 16  Page Number(s): 356-367
Market Structure in the Production of Economics Ph.D.'s
Southern Economic Journal - Year: 1997
Volume: 64  Page Number(s): 307-320
Pensions, Non-Discrimination Policies, and the Employment of Older Workers
Quarterly Review Of Economics And Finance - Year: 1996
Volume: 36  Page Number(s): 417-429
Do Health Insurance Costs and Non-Discrimination Policies Reduce the Job Opportunities of Older Workers?
Industrial And Labor Relations Review - Year: 1995
Volume: 48  Page Number(s): 775-791
Franchising vs. Company Ownership as a Decision Variable of the Firm
Review Of Industrial Organization - Year: 1995
Volume: 10  Page Number(s): 69-81
Testing for Efficiency in Lotto Markets
Economic Inquiry - Year: 1995
Volume: 33  Page Number(s): 175-188
Probability of Purchase, Amount of Purchase, and the Demographic Incidence of the Lottery Tax
Journal Of Public Economics - Year: 1994
Volume: 54  Page Number(s): 121-143
The Demand for Wagering on State-Operated Lotto Games
National Tax Journal - Year: 1993
Volume: 46  Page Number(s): 13-22
Changes in U.S. and Southern Economics Departments over Time
Growth And Change: A Journal Of Urban And Regional Policy - Year: 1990
Volume: 21  Page Number(s): 21-31
Effects of the Tax Treatment of Fringe Benefits on Labor Market Segmentation
Industrial And Labor Relations Review - Year: 1989
Volume: 42  Page Number(s): 216-229
Lottery Effects on Pari-Mutuel Tax Revenues
National Tax Journal - Year: 1989
Volume: 42  Page Number(s): 89-94
The Effects of State Lotteries on Pari-Mutuel Tax Revenues
Review and Perspectives - Year: 1989
Volume: 13  
Impacts of Air Pollution Control Strategies in Kentucky
Growth And Change: A Journal Of Urban And Regional Policy - Year: 1988
Volume: 19  Page Number(s): 40-55
Estimated Economic Impacts of Acid Rain Controls in Kentucky
Review and Perspectives - Year: 1987
Volume: 11  
Assessing U.S. Postal Ratemaking: An Application of Ramsey Prices
Journal Of Industrial Economics - Year: 1986
Volume: 34  Page Number(s): 279-290
Salary vs. Marginal Revenue Product under Monopsony and Competition - The Case of Professional Basketball
Atlantic Economic Journal - Year: 1985
Volume: 13  Page Number(s): 50-59
The Effect of a Fuel Adjustment Clause on a Regulated Firm's Selection of Inputs
Energy Journal - Year: 1985
Volume: 6  Page Number(s): 117-126
The Pricing Policy of the Postal Service: Economics Misapplied
Journal Of Policy Analysis And Management - Year: 1985
Volume: 4  Page Number(s): 251-256
Two-Part Pricing for a Multi-Product Monopolist
Economic Inquiry - Year: 1985
Volume: 24  Page Number(s): 295-307
The Impact of the 1981 Tax Act on Fringe Benefits and Federal Tax Revenues
National Tax Journal - Year: 1984
Volume: 37  Page Number(s): 185-194
Uncertain Input Prices, Profit Risk, and the Rate-of-Return Regulated Firm: Reply
Land Economics - Year: 1984
Volume: 60  Page Number(s): 411-413
A Note on Uncertain Input Prices, Profit Risk, and the Rate-of-Return Regulated Firm
Land Economics - Year: 1983
Volume: 59  Page Number(s): 337-341
Free Agency, Owner Incentives, and the National Football League Players Association
Journal of Labor Research - Year: 1983
Volume: 4  Page Number(s): 257-264
The Income Tax and Nonwage Compensation
Review Of Economics And Statistics - Year: 1982
Volume: 64  Page Number(s): 211-219
Effluent Fees, An Alternative System for Achieving Water Quality: A Case Study
Water Resources Bulletin - Year: 1981
Volume: 17  Page Number(s): 498-500
Estimating Recipient Benefits and Waste from Lifeline Electricity Rates
Land Economics - Year: 1981
Volume: 57  Page Number(s): 536-543
Books and Book Chapters (3):
Salary vs. Marginal Revenue Product under Monopsony and Competition - The Case of Professional Basketball, In The Economics of Sport
Publisher: Edward Elger Publishing - Year: 2001
Postal Delivery of Newspapers and Periodicals: A Comment, In Competition and Innovation in Postal Services
Publisher: Kluwer Academic Publishers - Year: 1991
Fuel Adjustment Clauses and Profit Risk, In Issues in Public Utility Pricing and Regulation
Publisher: Lexington Books - Year: 1980
Presentations (45):
"Tacit Collusion in Highway Procurement Auctions" , Presentation at the Southern Economic Association
Location: New Orleans , LA
Year: 2012
Presenter(s): Frank Scott
"Assessing the Intensity of Sports Rivalries Using Data from Secondary Market Transactions" , Presentation at the Southern Economic Association
Location: New Orleans , LA
Year: 2012
Presenter(s): Frank Scott
"Surplus Extraction by Primary Market Monopolists: Evidence from Secondary Market Transactions for SEC Football Tickets"
Location: Atlanta , GA
Year: 2010
Presenter(s): Frank Scott
"Repeated Interaction in Private-Value Auctions: The Effect on Price of a Change in the Number of Bidders" , Presentation at the Southern Economic Association
Location: Washington , DE
Year: 2008
Presenter(s): Frank Scott
"Economic Forces Shaping the Vertical Chain of Production in the Aluminum Industry" , Presentation at the INFORMS
Location: Washington , DC
Year: 2008
Presenter(s): Frank Scott
"With Snob Goods is it Size Itself, or Others' Perception of Size, That Matters?" , Presentation at the Ssouthern Economic Association
Location: New Orleans , LA
Year: 2008
Presenter(s): Frank Scott
"Testing for Nash Equilibrium in Three-Way Duels" , Presentation at the International Industrial Organization
Location: Savannah , GA
Year: 2007
Presenter(s): Frank Scott
"With Snob Goods is it Size itself, or others' Perception of Size, that Matters?: The Case of Diamonds" , Presentation at the Southern Economic Association Meetings
Location: New Orleans , LA
Year: 2004
Presenter(s): Frank Scott
"Search Costs, the Internet, and the Pricing of Prescription Drugs" , Presentation at the Southern Economics Association Meetings
Location: New Orleans , LA
Year: 2002
Presenter(s): Frank Scott
"Estimating Dynamic Responses for Duopolists in Repeated Sealed Bid Auctions" , Presentation at the Western Economic Association Meetings
Location: San Francisco , CA
Year: 2001
Presenter(s): Frank Scott
"Geographic Variation in Welfare Participation Rates: Identifying Poverty Pockets" , Presentation at the Southern Economic Association Meetings
Location: Tampa , FL
Year: 2001
Presenter(s): Frank Scott
"Estimating Dynamic Responses for Duopolists in Repeated Sealed Bid Auctions" , Presentation at the Southern Economic Association Meetings
Location: Washington , DC
Year: 2000
Presenter(s): Frank Scott
"Geographic Variation in SSI and AFDC Recipiency: What is the Role of Non-Program Factors?" , Presentation at the Allied Social Sciences Association meetings
Location: Boston , MA
Year: 2000
Presenter(s): Frank Scott
"Geographic Variation in SSI and AFDC Recipiency: What is the Role of Non-Program Factors?" , Presentation at the Lancaster University, Lancaster, England
Location: Lancaster Year: 1999
Presenter(s): Frank Scott
"Geographic Variation in SSI and AFDC Recipiency: What is the Role of Non-Program Factors?" , Presentation at the Southern Economic Association Meetings
Location: New Orleans , LA
Year: 1999
Presenter(s): Frank Scott
"Empirical Tests of Tacit vs. Overt Collusion" , Presentation at the Western Economic Association Meetings
Location: Lake Tahoe , NV
Year: 1998
Presenter(s): Frank Scott
"Empirical Tests of Tacit vs. Overt Collusion" , Presentation at the Southern Economics Association Meetings
Location: Baltimore , MD
Year: 1998
Presenter(s): Frank Scott
"Empirical Tests of Tacit vs. Overt Collusion" , Presentation at the Kentucky Economic Association Meetings
Location: Lexington , KY
Year: 1998
Presenter(s): Frank Scott
"The Dynamics of Family Retirement Decisions" , Presentation at the Allied Social Sciences Association meetings
Location: Chicago , IL
Year: 1998
Presenter(s): Frank Scott
"Labor Market Responses to Spouse Health Insurance Coverage" , Presentation at the Allied Social Sciences Association meetings
Location: New Orleans , LA
Year: 1997
Presenter(s): Frank Scott
"Labor Market Mobility and Job Lock" , Presentation at the Allied Social Sciences Association meetings
Location: San Francisco , CA
Year: 1996
Presenter(s): Frank Scott
"Labor Market Responses to Spouse Health Insurance Coverage" , Presentation at the Southern Economics Association Meetings
Location: Washington , DC
Year: 1996
Presenter(s): Frank Scott
"Labor Market Responses to Spouse Health Insurance Coverage" , Presentation at the Kentucky Economic Association Meetings
Location: Lexington , KY
Year: 1996
Presenter(s): Frank Scott
"Optimum Firm Size in the Production of Economics Ph.D.'s" , Presentation at the Lancaster University, Lancaster, England
Location: Lancaster Year: 1996
Presenter(s): Frank Scott
"Labor Market Mobility and Job Lock" , Presentation at the Southern Economic Association Meetings
Location: New Orleans , LA
Year: 1995
Presenter(s): Frank Scott
"Optimum Firm Size in the Production of Economics Ph.D.'s" , Presentation at the Southern Economics Association Meetings
Location: New Orleans , LA
Year: 1995
Presenter(s): Frank Scott
"Do Health Insurance Costs and Non-Discrimination Policies Reduce the Job Opportunities of Older Workers?" , Presentation at the Population Association of America meetings
Location: Cincinnati , OH
Year: 1993
Presenter(s): Frank Scott
"Measuring the Medically Uninsured by Employment Status" , Presentation at the Southern Economic Association Meetings
Location: New Orleans , LA
Year: 1993
Presenter(s): Frank Scott
"Measuring the Medically Uninsured by Employment Status" , Presentation at the Kentucky Economic Association Meetings
Location: Lexington , KY
Year: 1993
Presenter(s): Frank Scott
"Do Health Insurance Costs and Non-Discrimination Policies Reduce the Job Opportunities of Older Workers?" , Presentation at the Southern Economics Association Meetings
Location: Washington , DC
Year: 1992
Presenter(s): Frank Scott
"Do Health Insurance Costs and Non-Discrimination Policies Reduce the Job Opportunities of Older Workers?" , Presentation at the Kentucky Economic Association Meetings
Location: Lexington , KY
Year: 1992
Presenter(s): Frank Scott
"Probability of Purchase, Amount of Purchase, and the Demographic Incidence of the Lottery Tax" , Presentation at the Workshop in Economics and Policy, University of Chicago
Location: Chicago , IL
Year: 1992
Presenter(s): Frank Scott
"Rationality and Efficiency in Lotto Markets" , Presentation at the Southern Economic Association Meetings
Location: Nashville , TN
Year: 1991
Presenter(s): Frank Scott
"Postal Delivery of Newspapers and Periodicals: A Comment" , Presentation at the conference on Competition and Innovation in Postal Services
Location: Rugby Year: 1990
Presenter(s): Frank Scott
"Fringe Benefits and the Mobility of Older Workers" , Presentation at the Allied Social Sciences Association meetings
Location: Atlanta , GA
Year: 1989
Presenter(s): Frank Scott
"Fringe Benefits and the Mobility of Older Workers" , Presentation at the Southern Economic Association Meetings
Location: Orlando , FL
Year: 1989
Presenter(s): Frank Scott
"Inter-Industry Differences in Firm Location Decisions" , Presentation at the Southern Economics Association Meetings
Location: Orlando , FL
Year: 1989
Presenter(s): Frank Scott
"Nondiscriminatory Fringe Benefits and Labor Market Segmentation" , Presentation at the Miami University (Ohio)
Location: Miami , OH
Year: 1987
Presenter(s): Frank Scott
"Nondiscriminatory Fringe Benefits and Labor Market Segmentation" , Presentation at the Southern Economic Association Meetings
Location: Washington , DC
Year: 1987
Presenter(s): Frank Scott
"Vertical Control Via Franchising" , Presentation at the Southern Economic Association Meetings
Location: Dallas , TX
Year: 1985
Presenter(s): Frank Scott
"An Assessment of Postal Ratemaking" , Presentation at the Southern Economic Association Meetings
Location: Atlanta , GA
Year: 1984
Presenter(s): Frank Scott
"Salary vs. Marginal Revenue Product under Monopsony and Competition--The Case of Professional Basketball" , Presentation at the Southern Economic Association Meetings
Location: Washington , DC
Year: 1983
Presenter(s): Frank Scott
"Multi-Part Prices for a Multi-Product Monopolist" , Presentation at the Southern Economic Association Meetings
Location: New Orleans , LA
Year: 1981
Presenter(s): Frank Scott
"Effluent Fees: A Case Study" , Presentation at the American Water Resources Association Conference
Location: Minneapolis , MN
Year: 1980
Presenter(s): Frank Scott
"Fuel Adjustments and Company Earnings" , Presentation at the Conference on Current Issues and Problems in Public Utility Regulation, Rutgers University
Location: New Brunswick , NJ
Year: 1980
Presenter(s): Frank Scott

 

 

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