Economics Faculty Books

A gallery of books by faculty in the Department of Economics, College of Business, Old Dominion University.

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Runaway College Costs: How College Governing Boards Fail to Protect Their Students
2020
James V. Koch and Richard J. Cebula

In the United States, college costs, especially tuition and fees, have increased much more rapidly than either the overall Consumer Price Index or median household income. This cost inflation has effectively closed the doors of higher education to many qualified students and contributed to a staggering $1.5 trillion in student debt. Additionally, the number of college enrollments in the United States actually declined for eight straight years between 2011 and 2019, as college student bodies became increasingly stratified on the basis of family incomes.

Virtually every public college cost increase, however, requires a positive vote from each university's governing board―and the record shows that these votes are nearly always unanimous. In Runaway College Costs, James V. Koch and Richard J. Cebula argue that many trustees have forgotten that they should act as fiduciaries who represent the best interests of students, parents, and taxpayers. Instead, Koch and Cebula explain, too often many trustees prize size and more prestigious rankings over access and affordability. These misplaced priorities make them vote in favor of ever more plush facilities, expensive intercollegiate athletic programs, administrative bloat, and outdated models of instruction and research. … [Amazon.com]
The Impoverishment of the American College Student
2019
James V. Koch

Tuition and fees at public colleges and universities consistently have risen two to three times as fast as the Consumer Price Index in recent years. Since 2000, these costs have grown 60 percent faster than health care costs. The results, James Koch
argues, have been rapidly rising student debt (now $1.4 trillion nationally), rising delinquencies in student debt repayment, and a dysfunctional stratification of public college student bodies on the basis of family incomes. Higher education funding and tuition and fee inflation are complicated matters that few people understand well. In The Impoverishment of the American College Student, Koch clarifies the central issues and explores the data to sort through the challenges. It is essential reading for anyone who believes that maintaining access to public colleges and keeping them affordable are vitally important to our society’s future. [From the back cover.]
The State of the Region: Hampton Roads 2017
2017
James V. Koch, Robert McNab, Vinod Agarwal, Barbara Blake-Gonzalez, Kelly Brown, Chris Colburn, Vicky Curtis, Steve Daniel, Chip Filer, Elizabeth Janik, Timothy M. Komarek, LEAD Hampton Roads Class of 2017, Feng Lian, Sharon Lomax, Janet Molinaro, and Ziniya Zahedi

This is Old Dominion University's 18th annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, or its president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our regions many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
Transport Carrier Costing
2017
Wayne Talley

Covering cost structures and cost problems as well as costing methodologies, this book, first published in 1988, aims to enhance understanding of the economics of all types of transportation: freight and passenger, by truck, rail, bus and air. Beginning with an overview of transportation costing from the perspective of the carrier, user and government, Talley goes on to present the necessary information for evaluating costing methodologies. He then examines various regulatory and individual-carrier costing methodologies, and finally discusses the important new standalone-costing methodology. [From Amazon.com]
2016 State of the Commonwealth Report
2016
James V. Koch, Vinod Agarwal, Barbara Blake-Gonzalez, Terry L. Clower, Vicky Curtis, Steve Daniel, Larry "Chip" Filer, Tim Komarek, Feng Lian, Sharon Lomax, Wolfgang Mairinger, Alice McAdory, Robert McNab, Janet Molinaro, Mike Phelps, and Ken Plum

This is the second State of the Commonwealth Report produced by the Center for Economic Analysis and Policy at Old Dominion University. It is jointly sponsored by ODU's Strome College of Business and the Virginia Chamber of Commerce. While the report represents the work of many people connected in various ways to the university, it does not constitute an official viewpoint of Old Dominion, or it's president, John R. Broderick. Similarly, it does not represent the views of the Virginia Chamber of Commerce or it's president, Barry DuVal.

The report maintains the goal of stimulating thought and discussion that ultimately will make Virginia an even better place to live, work, and do business. We are proud of the Commonwealth's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The State of the Region: Hampton Roads 2016
2016
James V. Koch, Vinod Agarwal, Christopher B. Colburn, Vicky Curtis, Steve Daniel, Larry "Chip" Filer, Timothy Komarek, Feng Lian, Sharon Lomax, Wolfgang Mairinger, Alice McAdory, Robert McNab, Janet Molinaro, and Lisa Suhay

This is Old Dominion University's 17th annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
2015 State of the Commonwealth Report
2015
James V. Koch, Vinod Agarwal, Barbara Blake-Gonzalez, Terry L. Clower, Vicky Curtis, Steve Daniel, Xavier Detagle, Larry "Chip" Filer, Tim Komarek, Feng Lian, Sharon Lomax, Cheng Luo, Wolfgang Mairinger, Alice McAdory, Janet Molinaro, Jacqueline Sayward, and Gary Wagner

This is the first State of the Commonwealth Report. It is jointly sponsored by the Strome College of Business at Old Dominion University and the Virginia Chamber Foundation. While the report represents the work of many people connected in various ways to the university, it does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. Similarly, it does not represent the views of the Virginia Chamber of Commerce or it's president and CEO, Barry DuVal.

The goal of the report is to stimulate thought and discussion that ultimately will make Virginia an even better place to live, work, and do business. We are proud of the Commonwealth's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The State of the Region: Hampton Roads 2015
2015
James V. Koch, Vinod Agarwal, Barbara Blake-Gonzalez, Christopher B. Colburn, Vicky Curtis, Steve Daniel, Larry "Chip" Filer, Tim Komarek, Feng Lian, Sharon Lomax, Cheng Luo, Wolfgang Mairinger, Alice McAdory, Katrina Miller-Stevens, Janet Molinaro, Gary Wagner, Douglas M. Walker, Luke Watson, and Shara Weber

This is Old Dominion University's 16th annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The Caterpillar Way: Lessons in Leadership, Growth, and Shareholder Value
2014
Craig T. Bouchard and James V. Koch

In the early 1980s, Caterpillar, Inc. lost one million dollars per day for three consecutive years. Its continuing existence came into question. Today, "CAT" is the world's most profitable manufacturer of construction and mining equipment and large engines. The now legendary global company made numerous well-calculated, though risky decisions for three consecutive decades--in the process scaling to heights unimaginable to even the finest business enterprises. ... [From Amazon.com]
The State of the Region: Hampton Roads 2014
2014
James V. Koch, Vinod Agarwal, Chris Colburn, Vicky Curtis, Steve Daniel, Elizabeth Janik, Feng Lian, Sharon Lomax, Alice McAdory, Janet Molinaro, Ken Plum, Ayush Toolsidass, Shara Weber, Luke Watson, and Gilbert Yochum

This is Old Dominion University's 15th Annual State of the Region Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The State of the Region: Hampton Roads 2013
2013
James V. Koch, Vinod Agarwal, Kelly Brown, Chris Colburn, Vicky Curtis, Steve Daniel, Elizabeth Janik, Lian Feng, Sharon Lomax, Molinaro Janet, Ken Plum, Ayush Toolsidass, Gary Wagner, Shara Weber, and Gilbert Yochum

This is Old Dominion University's 14th annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The State of the Region: Hampton Roads 2012
2012
James V. Koch, Vinod Agarwal, Chris Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Elizabeth Janik, Feng Lian, Sharon Lomax, Janet Molinaro, Ken Plum, John A. Sokolowski, Ayush Toolsidass, Gary Wagner, Shara Weber, Gilbert Yochum, and Michael Zugelder

This is Old Dominion University's 13th annual State of the Region Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The Blackwell Companion to Maritime Economics
2012
Wayne Talley (Editor)

The Blackwell Companion to Maritime Economics presents comprehensive and in-depth coverage of the entire scope of issues relating to shipping and port economics.
The State of the Region: Hampton Roads 2011
2011
James V. Koch, Vinod Agarwal, Christopher B. Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Elizabeth Janik, Feng Lian, Sharon Lomax, Janet Molinaro, Ken Plum, Jim Sylvester, Ayush Toolsidass, Shara Weber, and Gilbert Yochum

This is Old Dominion University's 12th Annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The State of the Region: Hampton Roads 2010
2010
James V. Koch, Vinod Agarwal, Linda Candler, Lynn Clements, Chris Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Elizabeth Janik, Feng Lian, Sharon Lomax, Linda McGreevy, Janet Molinaro, Ken Plum, Wayne Talley, Ayush Toolsidass, and Gilbert Yochum

This is Old Dominion University's 11th annual State of the Region Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
America for Sale: How the Foreign Pack Circled and Devoured Esmark
2009
Craig T. Bouchard and James V. Koch

America for Sale recaps the amazing, sometimes incredible events leading up to the sale of Esmark, including intense pressure from the United Steelworkers and the company's major public shareholder to make a decision not in the best interest of all shareholders. It also analyzes the efforts by the Esmark board of directors to observe its fiduciary duty, details the company's "poison pill" effort to raise its sales price, and describes the actions of Leo Gerard and Ron Bloom of the United Steelworkers Union―which led to some surprising alliances. The authors―one Esmark's president and vice chairman of the board, the other an Esmark director, preeminent American economist, and former university president―then provide their own assessment of the Esmark story. They offer legislative and policy prescriptions aimed at making sure U.S. business doesn't devolve into one big garage sale to foreigners seeking to take advantage of the coming decline of the U.S. dollar. [From Amazon.com]
The State of the Region: Hampton Roads 2009
2009
James V. Koch, Vinod Agarwal, John R. Broderick, Grace Chen, Chris Colburn, Vicky Curtis, Steve Daniel, Larry "Chip" Filer, Adrian Gheorghe, Susan Hughes, Elizabeth Janik, Yingxue Li, Feng Lian, Sharon Lomax, Linda McGreevy, Janet Molinaro, Jason Phenicie, Ken Plum, and Gilbert Yochum

This is Old Dominion University's 10th annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
Port Economics
2009
Wayne Kenneth Talley

Port Economics is the study of the economic decisions (and their consequences) of the users and providers of port services. A port is an "engine" for economic development by providing employment, worker incomes, business earnings and taxes for its region. The book provides a detailed discussion of types of carriers that use ports, the operation of cargo and passenger ports as well as the operation of such specific ports as Hong Kong, Hamburg, Le Havre, Savannah, Miami and Panama… [From Amazon.com]
Born, Not Made: The Entrepreneurial Personality
2008
James L. Fisher and James V. Koch

Books, magazine articles, and educational programs on entrepreneurship are all based on the idea that anyone can be an entrepreneur―that entrepreneurs are made, not born. Well, maybe not. In a study of 234 CEOs funded by the Kauffman Foundation, James L. Fisher and James V. Koch came up with a surprising conclusion: Some individuals are simply more naturally fitted to become entrepreneurs than others. They are pre-wired. Because of heredity, some people are much more likely to become successful entrepreneurs or pursue entrepreneurial strategies within a corporate setting profitably. By recognizing that, this book will significantly improve corporate selection processes, strengthen entrepreneurship programs, and boost the confidence of aspiring entrepreneurs through invaluable insights.

Among other things, Fisher and Koch show that true entrepreneurs not only see the world differently―they act differently. Compared with corporate managers, for example, they are more confident, more decisive, more likely to upset the apple cart, and more energetic. They love to compete but are notable for the partnerships they are able to fashion with friend and foe alike. Such conclusions are remarkable. Why? Because they are based on the only empirical comparison study yet conducted on entrepreneurship. The insights are not based on personal opinion or case studies but on valid and reliable personality indicators. [From Amazon.com]
The State of the Region: Hampton Roads 2008
2008
James V. Koch, Vinod Agarwal, John R. Broderick, Grace Chen, Chris Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Elizabeth Janik, Terry Lindvall, Sharon Lomax, Janet Molinaro, Ken Plum, and Gilbert Yochum

This is Old Dominion University's ninth annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, John R. Broderick. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
Maritime Safety, Security and Piracy
2008
Wayne K. Talley (Editor)

Security and other safety issues are more important than ever in the maritime industry. Maritime Safety, Security and Piracy is the first book to discuss safety, security and piracy in the maritime context. [From Amazon.com]
Railroad Economics (Research in Transportation Economics)
2007
Scott Dennis (Editor) and Wayne K. Talley (Editor)

Volume provides original contributions to the study of railroad economics. The contributions address: the evolution of railroad economics; economic theories underlying the restructuring of state-owned railroads; railroad costs; freight transportation spatial demand; railroad passenger demand; railroad pricing; trespassing on railroads; impacts of railroad abandonment on energy use and pollutant emissions; and the earnings differentials of railroad managers and labor.
The State of the Region: Hampton Roads 2007
2007
James V. Koch, Vinod Agarwal, John R. Broderick, Christopher B. Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Elizabeth Janik, Feng Lian, Sharon Lomax, Trish Manthey, Janet Molinaro, Ken Plum, Maurice Seaton, Lowell Singh, and Qian Sun

This is Old Dominion University's eighth annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion or it's president, Roseann Runte. The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The State of the Region: Hampton Roads 2006
2006
James V. Koch, Vinod Agarwal, Adrianne Barrett, David Basco, John R. Broderick, Chris Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Marshall Hutto, Elizabeth Janik, Mark Koch, Feng Lian, Terry Lindvall, Sharon Lomax, Janet Molinaro, John A. Sokolowski, Ray White, and Gilbert Yochum

This is Old Dominion University's seventh annual State of the Region report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, or it's president, Roseann Runte.

The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.
The State of the Region: Hampton Roads 2005
2005
James V. Koch, Vinod Agarwal, John R. Broderick, Edward Card, Chris Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Kristine Karlsen, Feng Lian, Sharon Lomax, Linda McGreevy, Janet Molinaro, Kenneth Plum, Qian Sun, and Gilbert Yochum

This is Old Dominion University's Sixth Annual State of the Region Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, or it's president, Roseann Runte.

The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound understanding of the policy options open to us.