446 Germantown Pike #502
Lafayette Hill, PA 19444 (610) 828-4043
PROMOTING THE ADVANCEMENT OF FORENSIC ECONOMICS
Michele D. Gaines, Southern Vice President [email protected]
(361) 883-1686
President Vice President - South Vice President - East Vice President-At Large Past President David I. Rosenbaum Michele Angerstein-Gaines Robert W. Baumann Constantine M. Boukidis Kevin Cahill Rosenbaum Economics Economic Consulting College of Holy Cross J.S. Held, LLC ECONorthwest Center on Aging & Work Boston College
Vice President –Midwest Vice President –West Vice President-At Large Dwight Steward Stephanie Rizzardi Jerome S. Paige Employstats Rizzardi Economics Associates Jerome S. Paige & Associates
Nominating Committee 2021
Members: Michele Angerstein-Gaines [email protected] Nick Briscoe [email protected] Jerome Paige [email protected] Marianne Wanamaker [email protected]
The nominating committee was appointed by President David Rosenbaum on April 9, 2021 and met virtually thereafter. Attached please find curricula vitae for the committee’s recommendations for the upcoming election. President Elect: Lane Blume Hudgins, PhD Vice President At Large: Michael O’Hara, JD, PhD Vice President South: Nikanor Volkov, PhD, CVA, MAFF
________________________________________________________________________ Vitae January 29, 2021 Lane Hudgins, PhD Page 1 of 4
Curriculum Vitae
Lane Blume Hudgins, PhD _________________________________________________________________________
Office Address: 1004 Walnut Street Murphysboro, IL 62966 Mailing Address: 1260 West Lake Road Murphysboro, IL 62966
Email: [email protected]
Phone: 618.534.0099
_________________________________________________________________ Education: Ph.D., Economics, Southern Illinois University - Carbondale, 2003
Dissertation: Applications of the Benefit Function to Issues in Optimal Taxation Concentrations: Econometrics and Trade Theory
Bachelor of Arts, Southern Illinois University - Carbondale, 1995 Major: Economics Bachelor of Commerce, University of British Columbia, 1991 Concentration: Finance Professional Experience: Economic Consulting, Lane Hudgins Analysis, 2007-Present Analysis of economic damages for plaintiff and defense primarily in cases of
personal injury, wrongful death, and wrongful termination. Teaching Experience: Instructor, 1998-2001 Southern Illinois University - Carbondale Courses Taught: Public Finance, Labor Economics, Introductory Microeconomics, Introductory Macroeconomics
________________________________________________________________________ Vitae January 29, 2021 Lane Hudgins, PhD Page 2 of 4
Publications: “Sausage Making at the Bureau of Labor Statistics - or - What Do They Put Into All
Those Compensation and Earnings Measures?”, Journal of Legal Economics, Vol. 19(2), April 2013.
“Pension Benefits as an Evidentiary Collateral Source”, Journal of Legal Economics, Vol.
15(1), August 2008 (with Thomas R. Ireland). “A Pension is a Pension is a Pension”, The Earnings Analyst, Vol.10, 2008 (with Thomas
R. Ireland). “Derivative Properties of Directional Distance Functions”, in Aggregation, Efficiency,
and Measurement: Studies in Productivity and Efficiency, Vol. 5. Edited by Rolf Färe, Shawna Grosskopf, and Daniel Primont, 2007 (with Daniel Primont).
Presentations: “Evidentiary Presumptions and the Calculation of Economic Loss”. (With Gregory
Aubuchon) Presentation for the Missouri Valley Economic Association, October 2019
“The Potential Impacts of Framing & Nudging on the Opinions of Expert Witnesses and
the Perception of Their Testimony”. Presentation for the Association for Integrity and Responsible Leadership in Economics and Associated Professions, October 2018
“Economic projections made by government agencies and their use in forensic
economic analysis – Is what we know sufficient to meet legal and professional requirements”. Presentation for the Association for Integrity and Responsible Leadership in Economics and Associated Professions, October 2017
“Valuing Various Components of a Life Care Plan”. Presentation for the Illinois
Association of Defense Trial Counsel Spring Symposium, March 2016 “An Experiment in Forensic Economics.” (with Rick Gaskins and David Tucek)
Presentation for the American Academy of Economic and Financial Experts Annual Meeting, March 2016
“The Practical Problem of Measuring Personal Maintenance”. Paper presented at the
Southern Economic Association Annual Meeting, November 2015
________________________________________________________________________ Vitae January 29, 2021 Lane Hudgins, PhD Page 3 of 4
“This is How We Do It: A Panel Discussion”. Panelist for discussion at the Missouri
Valley Economic Association Annual Meeting, October 2015 “Consumer Spending & Business Revenue: A Case Study Involving the Death of a
Salesman”. Presentation for the American Academy of Economic and Financial Experts Annual Meeting, March 2015
“Rebuttable Presumptions and the Calculation of Economic Loss”. Paper presented at
the Missouri Valley Economic Association Annual Meeting, October 2014 “(Valuing) A Life of Leisure”. Paper presented at the Western Economic Association
International Annual Meeting, June 2014 “An Application of Nerlovian Profit Efficiency to Mutual Funds”. (with Corey L. Freije).
Paper presented at the International Applied Business Research Conference, 2000
Professional Activities: Editor, The Forecast – A Newsletter of the National Association of Forensic Economics,
January 2016 – Present
Special Editor, Journal of Legal Economics: Reviews and Cases of Note, a publication of the American Academy of Economic and Financial Experts, March 2008 – October 2019
Statement of Ethical Principles and Principles of Professional Practice (NAFE SEPPPP)
Review Committee Member, National Association of Forensic Economics, 2017 Board Member, American Academy of Economic and Financial Experts,
March 2013 – March 2016 Vice President - Midwest, National Association of Forensic Economics, January 2012 – January 2015
Nominating Committee Member, National Association of Forensic Economics,
2009, 2014, and 2019
________________________________________________________________________ Vitae January 29, 2021 Lane Hudgins, PhD Page 4 of 4
Discussant, National Association of Forensic Economics Sessions, American Economic Association - Allied Social Sciences Association Annual Meeting, January 2015, 2016, 2018, 2019 and 2021
Discussant, National Association of Forensic Economics Sessions, Western Economic
Association International Meetings, June 2009, 2011 & 2014 Discussant, National Association of Forensic Economics Sessions, Missouri Valley
Economic Association Annual Meeting, October 2014
Professional Affiliations/Memberships: American Academy of Economic and Financial Experts American Economic Association Missouri Valley Economic Association National Association of Business Economics National Association of Forensic Economics
Two Page Vitae of Michael J. O'Hara, J.D., Ph.D. circa June 2021 Page 1 of 2
Abbreviated Two-Page Vitae for Michael J. O'Hara, J.D., Ph.D. Professor Emeritus (retired Dec. 2018), University of Nebraska at Omaha
1518 South 198 Ave Omaha NE 68130 cell 402_290_9682 Ph.D., Economics Univ. of Nebraska- 1983 Juris Doctor, (Law) Univ. of Nebraska- 1978 Professional Experience (most relevant) 2019 - present Member and officer, Nebraska Board of Dentistry. 2010 - present Member and officer, Board of Directors, Nebraska Economics and
Business Association. www.nebeconandbus.org 2002 - 2021 founding shareholder and officer of three different start-ups focused
on the money transfer field. 2009 - 2019 Member and officer, Board of Optometry. 1981 - 2018 College of Business Administration, University of Nebraska at Omaha.
Instruction and research in the areas of law and economics, ending with a research emphasis on forensic economics. www.cba.unomaha.edu
2012 - 2016 Member, Board of Directors, Association of Regulatory Boards of Optometry. www.ARBO.org
2012 - 2016 Co-Editor, The Earnings Analyst (TEA). TEA is the scholarly journal of the American Rehabilitation Economics Association (www.A-R-E-A.org) and Collegium of Pecuniary Damage Experts (www.CPDE.info).
2011 - 2019 Founding member, officer, Collegium of Pecuniary Damages Experts (CPDE).
2005 - 2007 Editor, Journal of Legal Economics. JLE is the journal of the American Academy of Economic and Financial Experts (www.AAEFE.org).
2002 - 2007 Member and officer, Board of Directors, American Academy of Economic and Financial Experts (AAEFE).
1989 - 1994 Member and officer, Board of Directors, Omaha Public Power District (www.OPPD.com).
1985-1988 Member and officer, Nebraska Power Review Board www.nprb.state.ne.us
Articles and Book Chapters (last ten years; plus another 19 articles) "Nebraska and Punitive Damages: Transaction Costs", (2019) O'Hara Michael J.,
NEBA's Economics and Business Journal, vol.10, pp. 23-33. "Improving Student Performance through Loss Aversion", Smith, B., Shrader, R., White,
D., Wooten, J., Dogbey, J., Nath, S., O'Hara, M.J., Xu, N., & Rosenman, R. (2019). Scholarship of Teaching and Learning in Psychology, 5(4), 278-288.
"Valuation of Naming Rights", chapter 12 in The Principles of Sports Marketing 2018 textbook edited by Gary Bernstein; chapter co-author is Greg Ashley of Bellevue University.
"Learned Hand's False Efficiency", The Earning Analyst (TEA), volume 14, 2014. "Financial Management Fees in Damage Claims", Graham Mitenko and Michael J.
O'Hara, The Earnings Analyst (TEA), volume XII, 2012. "Pecuniary Damage", Michael J. O'Hara, The Earnings Analyst (TEA), volume XI, 2010.
Two Page Vitae of Michael J. O'Hara, J.D., Ph.D. circa June 2021 Page 2 of 2
Papers Presented (only last 5 listed; plus 34 more papers) "Time Holes in Made Whole", Michael J. O'Hara, Academy of Legal Studies in Business
(ALSB), August 2021, virtual conference due to covid19 pandemic. "Brownfield Creating Leasee", Michael J. O'Hara, Academy of Legal Studies in Business
(ALSB), August 2020, virtual conference due to covid19 pandemic. "Punitive Damages: Transaction Costs the Nebraska Way", Michael J. O'Hara and
Graham Mitenko, Academy of Economics and Finance (AEF), February 2019, St. Petersburg, FL.
"Business Law for STEM Start-Ups", Michael J. O'Hara, Academy of Economics and Finance (AEF), February 2018, Houston, TX.
"KXL: Surprise! Economists Do Not Agree", Michael J. O'Hara, Mountain Plains Business Conference, September 2017, Omaha, NE. Slightly revised for Neb. Econ. and Bus. Assoc. meeting, Oct. 2017, Omaha NE.
Textbook Introduction to Legal and Economic Analysis, self-published textbook third edition
Spring 2005. Editorial Board Membership or Service as a Reviewer:
Journal of Legal Economics, reviewer, 2000 - 2005; then Editor 2005 through 2007.
The Earnings Analyst, reviewer 2016 - present; was Co-Editor 2011 - 2016. Journal of Forensic Economics, reviewer 2021 - present. Academy of Legal Studies in Business
American Business Law Journal, Staff Reviewer, 2006 - present. Annual Meeting Proceedings, Staff Reviewer, 1995 - 2020. Discussant, Distinguished Papers, 1996, 1997, 1999 - 2002, 2004.
Journal of Legal Studies in Business, reviewer, 2001 - 2018. Journal of Business Ethics, reviewer, 2009 - 2018. Midwest Law Journal, reviewer, 2008 - 2018. Journal of Management Issues, reviewer, 1988 - 2002.
Membership in Professional Organizations (only active listed): Primarily Law Related Academy of Legal Studies in Business (ALSB) American Bar Association (ABA) American Association for Justice (AAJ, f.k.a., ATLA) Nebraska Bar Association Primarily Economics Related National Association of Forensic Economics (NAFE) Collegium of Pecuniary Damage Experts (CPDE) American Academy of Economic and Financial Experts (AAEFE) American Economics Association (AEA) National Association of Business Economics (NABE) Missouri Valley Economics Association (MVEA) Nebraska Economics and Business Association (NEBA)
Updated: April 2021
www.nikvolkov.com
Nik Volkov, Ph.D., CVA, MAFF Stetson Hatcher School of Business
3100 Mercer University Dr. BE-256 www.nikvolkov.com
Atlanta, GA 30341 [email protected]
ACADEMIC EMPLOYMENT
Associate Professor of Finance 2021 – present
Director, MS in Business Analytics Program 2020 – present
Mercer University, Atlanta, GA
Assistant Professor of Finance 2015 – 2021
Mercer University, Atlanta, GA
Visiting Assistant Professor of Finance 2016 (summer)
Florida Atlantic University, Boca Raton, FL
Instructor 2013 – 2015
Florida Atlantic University, Boca Raton, FL
EDUCATION
Ph.D. Finance, Florida Atlantic University 2015
MBA, Millersville University 2007
BA, International Studies, Millersville University 2005
Political Science, Peoples Friendship University, Moscow Russia 1999 – 2001
PROFESSIONAL CERTIFICATIONS
Certified Valuation Analyst (CVA®) by the National Association of Certified Valuators and
Analysts
Master Analyst in Financial Forensics (MAFF®) by the National Association of Certified Valuators
and Analysts
PEER REVIEWED PUBLICATIONS
Agapova, A. and Volkov, N., 2021. Tax-Induced Trading: the Effect of Capital Gain Tax Changes.
The Quarterly Review of Economics and Finance, 79, pp. 245-259.
Timmerman, I. and Volkov, N., 2021. Education, Career Choice, and Financial Planning:
Implications for Financial Planners. Journal of Financial Planning, 34(2), pp. 64-67.
Agapova, A., Madura, J, and Volkov, N., 2020. Information Leakage of ADRs Prior to Company
Issued Guidance, Research in International Business and Finance, 54, 101304.
Updated: April 2021
www.nikvolkov.com
Timmerman, I. and Volkov, N., 2020. Career and education choice as the central elements of wealth
maximization. Financial Services Review, 28(3) pp. 179-200.
Agapova, A. and Volkov, N., 2019. Guidance on strategic information: investor-management
disagreement and firm intrinsic value. Journal of Banking and Finance, 108, 105632.
Volkov, N.I., 2018. Assessing Economic Damages in Personal Injury and Wrongful Death
Litigation: The State of South Carolina. Journal of Forensic Economics, 27(2), pp 179-191.
Chira, I. and Volkov, N. I., 2017. The Choice of Sale Method and its Consequences in Mergers and
Acquisitions. The Quarterly Review of Economics and Finance, 63, pp. 170-184.
Volkov, N.I. and Yuhn, K.H., 2016. Oil Price Shocks and Exchange Rate Movements. Global
Finance Journal, 31, pp. 18-30.
Volkov, N.I., Chira, I. and Premti, A., 2016. Who is successful on the finance Ph.D. job market?
Journal of Corporate Finance, 37, pp. 109-131.
Volkov, N.I. and Smith, G.C., 2015. Corporate diversification and firm value during economic
downturns. The Quarterly Review of Economics and Finance, 55, pp.160-175.
LAW JOURNAL PUBLICATIONS
Adams, A. F., and Volkov, N., 2020. The effect of COVID-19 on business valuation. The Family
Law Review.
BOOK CHAPTERS
Mutual Funds as an Investment Vehicle for the Middle Class, in The American Middle Class: An
Economic Encyclopedia of Progress and Poverty, 2017, with Anna Agapova, edited by Robert S.
Rycroft
WORKING PAPERS
Bond ETFs and Price Volatility of Underlying Securities, submitted, with Anna Agapova
Estimating present value of future earnings or earning capacity for an undocumented worker, with
Thomas Roney and Brittany Pearce
Corporate Governance, Strategic Information Disclosure, and the Disclosure Bonus, with Anna
Agapova
Student Loans: ROI, Personal Consumption, and Borrowers’ Perception, with Inga Timmerman
Updated: April 2021
www.nikvolkov.com
Corporate Diversification and Its Effect on a Valuation Engagement, with Steven Shapiro
Degree of Corporate Diversification and Stock Returns: An Empirical Test, with Garrett Smith
RESEARCH PRESENTATIONS
2020: American Social Science Association (San Diego, CA), Association for Marketing and Health
Care Research (Breckenridge, CO), Academy of Financial Services (Virtual);
2019: American Finance Association (Atlanta, GA), Association for Marketing and Health Care
Research (Jackson, WY);
2018: Association for Marketing and Health Care Research (Telluride, CO), National Association
of Forensic Economics (Vancouver, BC), Financial Management Association (San Diego, CA);
Southern Finance Association (Asheville, NC);
2017: Eastern Finance Association (Jacksonville, FL), Southern Finance Association (Key West,
FL), Academy of Financial Services (Nashville, TN);
2016: Midwestern Finance Association (Atlanta, GA), Eastern Finance Association (Baltimore,
MD); Academy of Financial Services (Las Vegas, NV), Southern Finance Association (Miramar
Beach, FL);
2015: Eastern Finance Association (New Orleans, LA), Financial Management Association
(Orlando, FL);
2014: Midwestern Finance Association (Orlando, FL), Eastern Finance Association (Pittsburgh,
PA), Financial Management Association (Nashville, TN);
2013: Southern Finance Association (Fajardo, Puerto Rico).
TEACHING
Principles of Finance (U), Corporation Finance (G), Investment Analysis (U), Investment analysis
and Portfolio Management (G), Financial Analytics (G), International Economics and Finance (U,
G), Corporate Restructuring via Mergers and Acquisitions (G), Venture Funding (G), Capital
Budgeting (G).
SPECIAL SEMINARS AND TALKS
Case Development Using Economists, Vocational Experts and Life Care Planners 2020
Continuing Legal Education, Florida
How to Prove Damages in Civil Cases – What Experts Want you to Know 2019
State Bar of Georgia, Institute of Continuing Legal Education
Funding Strategies 2016-2019
American Financial Services Association (EDGE Program)
Valuation and Financing 2017
FOM University of Applied Sciences for Economics and Management
Updated: April 2021
www.nikvolkov.com
AWARDS
Featured Member 2019
The Forecast, a seasonal publication of
The National Association of Forensic Economics
Young Alumni Achievement Award 2019
Millersville University
40 under 40 in the Valuation World 2019
National Association of Certified Valuators and Analysts
Exemplary Faculty Award 2017
Mercer University
ETF Research Academy Grant 2016
Paris-Dauphine House of Finance and Lyxor Asset Management
FMA Doctoral Student Consortium 2014
Financial Management Association International
FAU Presidential Doctoral Fellowship 2011, 2012
Florida Atlantic University
PROFESSIONAL MEMBERSHIP
American Finance Association, Financial Management Association, Eastern Finance Association,
Midwestern Finance Association, Southern Finance Association, Academy of Financial Services,
Southern Economics Association, Western Economic Association, National Association of Forensic
Economics, National Association of Certified Valuators and Analysts.
Member of the Nominating Committee of the National Association of Forensic Economics
REVIEWER/PROGRAM COMMITTEE
Peer-reviewed Journals: Journal of International Money and Finance, International Review of
Economics and Finance, International Economic Journal
Conferences: Eastern Finance Association, Southern Finance Association, Academy of Financial
Services
INDUSTRY EXPERIENCE
Forensic Economist 2018 – present
Thomas Roney, LLC, www.thomasroneyllc.com
Independent assessment of economic damages in personal injury,
wrongful death, employment, and commercial litigation.
Founder/Forensic Economist 2016 – present
Volkov Consulting, LLC, EconLoss, www.econloss.com
Independent assessment of economic damages in personal injury,
wrongful death, employment and commercial litigation.
Updated: April 2021
www.nikvolkov.com
Associate Economist 2020 – present
Physicians Life Care Planning, www.physicianlcp.com
Independent assessment of economic damages in personal injury
litigation.
Founder 2018 – 2020
PEAP.US, www.peap.us
Personalized Earnings by Age Profiles
An online application that helps individuals make wise (from
a financial standpoint) education and career choices.
Managing Member, CFO 2007 – 2010
Milestone Managers and Providers, LLC, Lancaster, PA, USA
Secondary market for life insurance
Assistant Research Analyst 2005
Franklin Templeton Investments (Emerging Markets), Moscow, Russia
Equity valuation analysis
SERVICE
School Governance Board Member 2018 – present
Budget Committee Chair
Barnwell Elementary School, Johns Creek, GA
Board Member, Finance Committee 2016 – 2017
NVI Algae, LLC, Phoenix, AZ
Principal 2013 – 2016
Green Energy Partners Scholarship and Research Award
Pennsylvania State University – Erie
Director, Treasurer 2011 – 2015
Boca Towers Condominium Association, Boca Raton, FL
Director 2012 – 2014
International Association for Continuing Education
Moscow, Russia
TECHNICAL SKILLS
STATA, SAS, E-VIEWS
SDC, DATASTREAM, WRDS (COMPUSTAT, CRSP, EVENTUS, I/B/E/S, TAQ, TRACE),
EDGAR, BOARDEX.