PAMELA M



PAMELA M. SCHMITT

Curriculum Vitae

April 10, 2013

Office Address Home Address

589 Mc Nair Road 908 Saint Eva Lane

United States Naval Academy Gambrills, MD 21054

Department of Economics (410) 721-7760

Annapolis, MD 21402

(410) 293-6888

fax: (410) 293-6899

E-mail: pschmitt@usna.edu

Web page:

EDUCATION

Ph.D., Economics, Indiana University, Bloomington, IN, 2000

Thesis Title: Bargaining on Wages and Competition in Price and Product Quality

Thesis Co-Chairs: James M. Walker and David R. Schmidt

M.A. Economics, Indiana University, Bloomington, IN, 1996

B.S. Mathematics Major, Business Minor (Pi Mu Epsilon, Dean’s List), Villanova University,

Villanova, PA, 1995

FIELDS OF SPECIALIZATION

Industrial Organizations, Game Theory, Experimental Economics, and Public Economics

PROFESSIONAL EXPERIENCE

Director of Academic Counseling, United States Naval Academy, Annapolis, MD. January 2011 - present.

Professor, Department of Economics, United States Naval Academy, Annapolis, MD. Classes taught: Law and Economics, Game Theory, Public Finance, and Industrial Organization, Fall 2011 – present.

Associate Professor, Department of Economics, United States Naval Academy, Annapolis, MD. Classes taught: Intermediate Microeconomics, Game Theory, Public Finance, Industrial Organization, and Quantitative Economics Capstone Seminar, Fall 2005 – 2011.

Assistant Professor, Department of Economics, United States Naval Academy, Annapolis, MD. Classes taught: Intermediate Macroeconomics, Principles of Economics, Public Policies

Towards Business, Public Finance, Game Theory, Industrial Organization, and Quantitative Economics Capstone Seminar, Fall 2000 – Fall 2005.

Associate Instructor, Department of Economics, Indiana University, Bloomington, IN. Full teaching responsibilities for Principles of Macroeconomics and Principles of Microeconomics, Fall 1997 – Spring 2000. Teaching responsibilities for Statistics, Principles of Microeconomics, and Macroeconomics Facts of Life, Fall 1996 – Spring 1998.

HONORS, AWARDS, AND NOMINATIONS

National Science Foundation grant #0720696 “RUI: Collaborative Research: Laboratory Studies of Holdout and Efficiency in Multilateral Bargaining” for $160,181. Co-PI Kurtis Swope, 2007 – 2011.

1951 Faculty Research Excellence Award Nominee from the Economics Department for the yard-wide research award, honorable mention USNA 2008 – 2009; nominee USNA 2007 – 20011.

APGAR yard-wide Teaching Award for junior faculty, USNA 2003 – 2004, nominee USNA 2001 – 2002.

Naval Academy Research Council Summer Award, Summer 2007, 2006, 2005, 2004, 2003, 2002, and 2001.

Civilian Faculty Award for Excellence in Teaching, given in honor of Professor Theodore J. Benac, Nominee from the Economics Department for the yard-wide teaching award, USNA 2002 – 2003, and USNA 2003 – 2004.

Phillip Saunders Outstanding Associate Instructor Award, award in recognition of excellence in teaching undergraduate economics. Bestowed annually on one or two instructors in the department of economics at Indiana University, April 2000.

Doctoral Student Grant-in-Aid of Research Recipient, received December 1999. Competitive grant for doctoral research for all subject areas at Indiana University. The grant was used to fund my experimental research, paying experimental participants.

Fred Witney Scholarship Award, award in recognition of excellence in applied microeconomics, Indiana University, April 1999. First recipient for newly established award to recognize applied microeconomic research, will be bestowed annually on one or two graduate students.

Teaching Excellence Recognition Award, award recognizing outstanding classroom teaching at Indiana University, Indiana University, April 1999. Bestowed annually on one or two instructors.

PUBLICATIONS

“Cooperation Limitations Under a One-time Threat of Expulsion and Punishment” (with Aaron

Lowen) forthcoming in the Journal of Socio-Economics 44 (2013) 68 – 74.

“An Experimental Dynamic Public Goods Game with Carryover” (with Patrick Wayland (USNA

2010), Kurtis Swope, and John Cadigan) Journal of Economic Behavior and

Organization, 80(3), (2011) 523 – 531.

"The Holdout Problem and Urban Sprawl: Experimental Evidence" (with Kurtis Swope, Robert

Shupp, and John Cadigan) Journal of Urban Economics, 69 (2011) 72–81.

"Contracts, Behavior, and the Land Assembly Problem: Experimental Evidence" (with Ryan

Wielgus (USNA 2009), Kurtis Swope, and John Cadigan) Research in Experimental

Economics: Experiments on Energy, the Environment, and Sustainability, 2011, vol. 14,

151-180.

“Strategic Entry Deterrence and Terrorism: Theory and Experimental Evidence” (with John

Cadigan) Public Choice, 143(1-2) 2010, 2-33.

“An Experimental Study of the Holdout Problem in a Multilateral Bargaining Game”

(with Kurtis Swope, Robert Shupp, and John Cadigan), the Southern Economic Journal 76(2), 2009, 444-457.

“Personality Preferences in Laboratory Economic Experiments” (with Swope, K.J., Cadigan, J.,

and Shupp, R.) The Journal of Socio-Economics 37, 2008, 998–1009.

“Personality Preferences and Pre-Commitment: Behavioral Explanations in Ultimatum Games”

with Robert Shupp, Kurtis Swope, and Justin Mayer (USNA 2003)), Journal of Economic Behavior and Organization Vol. 66/3-4, 2008, 597-605.

"Social Position and Distributive Justice: Experimental Evidence" (with Swope, K.J., Cadigan,

J., and Shupp, R.) the Southern Economic Journal, 74(3), 2008, 811-818.

“The Performance of Economics Graduates over the Entire Curriculum: The Determinants of

Success” with Kurtis J. Swope, Journal of Economic Education, 37(4), 2006, 387-394.

“On the Role of the Hostage in Ultimatum Bargaining Games” (with Robert Shupp, and Kurtis

Swope), Journal of Socio-Economics, 35(3), 2006, 399-411.

“Multi-Period Rent-Seeking Contests with Carryover: Theory and Experimental Evidence” (with

Robert Shupp, Kurtis Swope, and John Cadigan), Economics of Governance, 5 (3), 2004, 187-211.

"On Perceptions of Fairness: The Role of Valuations, Outside Options, and Information in

Ultimatum Bargaining Games”, Experimental Economics, 7(1), 2004, 49-73.

“A Vertically Differentiated Duopoly with Marginal Cost Differentials", International Game

Theory Review, 5(1), 2003, 73-81.

“The Impact of a Marginal Cost Increase on Price and Quality: Theory and Evidence from

Airline Market Strikes”, Australian Economic Papers, 41(3), 2002, 282-304.

“Collective Action With Incomplete Commitment: Experimental Evidence”, (with Kurtis J.

Swope and James M. Walker), Southern Economic Journal, 66(4), 2000, 829-

854.

WORKING PAPERS

“That’s My Final Offer! A Laboratory Study of Unanimous-Consent Bargaining with Asymmetry and Credible Commitment” (with Kurtis Swope and John Cadigan), submitted for publication.

"Institutions and Information in Multilateral Bargaining Games: Theory and Experimental Evidence" (with Kurtis Swope, Robert Shupp, and John Cadigan) revise and re-submitted for publication.

“Does everyone accept a free lunch? Decision making under (almost) zero cost borrowing” (with Michael Insler and Jake Compton (USNA 2012)), submitted for publication.

“Open line of credit:” Under no borrowing constraints, how do young adults invest?” (with Jake Compton (USNA 2012) and Michael Insler), submitted for publication.

PRESENTATIONS AND WORKSHOPS

Southern Economic Association, November 2011, Washington, DC. “That’s My Final Offer! A Laboratory Study of Unanimous-Consent Bargaining with Asymmetry and Credible Commitment" (co-authors Kurtis Swope and John Cadigan)

Southern Economic Association, November 2010, Atlanta, GA. "Information, Institutions, and the Holdout Problem: Theory and Experimental Evidence" (co-authors Kurtis Swope, Robert Shupp, and John Cadigan)

Southern Economic Association, November 2010, Atlanta, GA. "Research on Cooperation Under Threat of Expulsion” (co-author Aaron Lowen)

Southern Economic Association, November 2010, Atlanta, GA. "A Dynamic Public Good Game” (co-authors Patrick Wayland (USNA 2010), Kurtis Swope, and John Cadigan)

Southern Economic Association, November 2009, San Antonio, TX. "Contracts, Behavior, and the Land Assembly Problem: Experimental Evidence" (co-authors Ryan Wielgus (USNA 2009), John Cadigan, and Kurtis Swope)

Southern Economic Association, November 2008, Washington, D.C. "Information, Institutions, and the Holdout Problem: Theory and Experimental Evidence" (co-authors John Cadigan, Robert Shupp, and Kurtis Swope)

Southern Economic Association, November 2008, Washington, D.C. “Groupsize, Competition, and the Holdout Problem" (co-authors John Cadigan, Robert Shupp, and Kurtis Swope)

College Board Middle States Regional Forum, February 2009, Baltimore, MD “Advanced Placement (AP) Articulation and Policy Making for Enrollment Managers” (co-presented with Michael S. Kabbaz)

Western Economic Association, July 2008, Honolulu, Hawaii. Presented "A Laboratory Study of Holdout and Efficiency in a Multilateral Bargaining Game" (co-authors John Cadigan, Robert Shupp, and Kurtis Swope)

Villanova University, March 2008, Villanova, PA. Presented "A Laboratory Study of Holdout and Efficiency in a Multilateral Bargaining Game" (co-authors John Cadigan, Robert Shupp, and Kurtis Swope)

Southern Economic Association, November 2007, New Orleans, LA. "A Laboratory Study of

Holdout and Efficiency in a Multilateral Bargaining Game" (co-authors John Cadigan, Robert Shupp, and Kurtis Swope)

Southern Economic Association, November 2007, New Orleans, LA. "Strategic Entry Deterrence and Terrorism: Theory and Experimental Evidence" (with John Cadigan)

Southern Economic Association, November 2007, New Orleans, LA. Presented "Comparing the Performance of College and High School Students on the Advanced Placement Economics Exams" (co-authors Fekru Debebe)

Southern Economic Association, November 2004, New Orleans, LA. Presented “Inequality, Personality, and the Demand for Fair Outcomes” (coauthored with John Cadigan and Kurtis Swope)

Southern Economic Association, November 2003, San Antonio, TX. Presented “On the Role of the Hostage in Ultimatum Bargaining Games” (coauthored with Robert Shupp and Kurtis Swope)

Society for the Advancement of Behavioral Economics - Annual Meetings, July 28 2003, Lake Tahoe, NV. Presented "On the Role of the Hostage in Ultimatum Bargaining Games" (coauthored with Robert Shupp and Kurtis Swope)

Southern Economic Association, November 2002, New Orleans, LA. Presented “Rent-Seeking with Expenditure Carry–Over: Theoretical and Experimental Evidence” (coauthored with Robert

Shupp, Kurtis Swope, and John Cadigan)

Southern Economic Association, November 2002, New Orleans, LA. Presented “Horizontal and Vertical Product Differentiation: Theory and Evidence from the Minneapolis Retail Gasoline

Market" (coauthored with Melanie Stock)

American Academy of Neurology, May 2001, Philadelphia, PA. Presented "Clinical Pathways and the Costs of Stroke Care" (co-authored with Genevieve Schmitt, Matthew Baker, and Marcella Wozniak).

Southern Economic Association, November 2000, Washington DC. Presented "Ultimatum Games with Asymmetric Payoffs, Outside Options, and Incomplete Information.”

Southern Economic Association, November 2000, Washington DC. Presented "Price and Quality Effects After a Strike: Theory and Evidence from Airline Markets"

Indiana University: Workshop in Microeconomics, April 2000. Presented “Ultimatum Games with Asymmetric Payoffs, Outside Options, and Incomplete Information.”

Southern Economic Association, November 1999, New Orleans, LA. Presented "Quality and Price Effects in a Vertically Differentiated Duopoly with Marginal Cost Differentials".

Southern Economic Association, November 1999, New Orleans, LA. Presented “Collective Action with Incomplete Commitment: Experimental Evidence” (co-authored with Kurtis J. Swope and James M. Walker).

Indiana University: Workshop in Microeconomics, April 1999. Presented "Quality and Price Effects in a Vertically Differentiated Duopoly with Marginal Cost Differentials" thesis proposal.

Indiana University: Women in Science Research Day, March 1998. Poster presentation and discussion of “Collective Action with Incomplete Commitment: Experimental Evidence” (co-authored with Kurtis J. Swope and James M. Walker).

Indiana University: Workshop in Political Theory and Policy Analysis, February 1998. Presented “Collective Action with Incomplete Commitment: Experimental Evidence” (co-authored with Kurtis J. Swope and James M. Walker).

University of Wisconsin-Oshkosh, October 1998. Presented “Web NFG” (Normal Form

Game) and explained the benefit of experimental economics in undergraduate teaching, focusing

on collusive behavior and prisoner dilemma games.

WORKSHOP AND PROFESSIONAL AFFILIATIONS (memberships dates vary)

1997 Summer Visiting Graduate Student Workshop for Experimental Economics, Economic Science Laboratory for Research and Education, University of Arizona, Tucson, AZ, August 1997.

Member, American Economic Association

Member, Economic Science Association

Member, Southern Economic Association

Member, Chesapeake Association of Economic Educators

Member, Committee on the Status of Women in the Economics Profession

OTHER PROFESSIONAL ACTIVITIES

Referee, Australian Economic Papers, International Journal of Industrial

Organization, Journal of Behavioral Economics and Organizations, Journal of

Industrial Economics, National Science Foundation, Organizational Behavior and

Human Decision Processes, Games and Economic Behavior, Oxford Economic Papers,

Economic Inquiry, Eastern Economic Papers, Experimental Economics, Journal of Peace

Research, and Southern Economic Journal.

Reader, AP Economics, Educational Testing Service, 2001 and 2002.

Table Leader, AP Economics, Education Testing Service, 2003, 2005, 200 – 2011.

Chief Reader Designate, AP Economics, Education Testing Service, 2012 – 2013.

College Board, Test Development Committee AP Micro and AP Macroeconomic exams,

member 2006 – 2009; Chair 2009 – 2013.

Review economics textbooks for Worth Publishing, reviewed Krugman, Anderson and Wells

“Economics: in Modules” textbook, 2011.

Review AP Test Prep Workbook for Pearson Education Publishing, reviewed Foundations of

Economics AP* Edition by Mark Rush to accompany the Bade and Parkin AP Edition

textbook, 2006.

Review economics textbooks for McGraw-Hill Publishing, reviewed Frank and Bernanke’s first

and second editions principle textbook, Shiller's principles text 1997 - 2002.

INSTITUTIONAL INFORMATION

Academy Committees/Service

Department:

Senior Academic Advisor, 2011, 2010, 2009.

Course/Student evaluation revision committee 2010.

Honors Coordinator, Academic Years 2009, 2008, 2007, 2006.

FE210 Validation Exam Coordinator, 2009, 2008, 2007, 2006, 2005, 2004, and 2003.

FE210 Coordinator, Academic Years 2005, 2004, 2003, 2002.

Prizes and Awards Committee, Chair, Academic Year 2009; member Academic Year 2002.

Teaching Mentoring Committee, Academic Year 2010, 2009.

FE210 Assessment member, Academic Year 2009.

Quantitative Economic Committee, Member, Academic Year 2007, 2006.

Member of the Visiting Committee for curriculum review, F2000.

London School of Economics (LSE) Coordinator, Academic Years 2012, 2008, 2007, 2006,

2005, 2004, 2003, 2002.

Economics and Quantitative Economics open houses, S2005, S2004, S2003, S2002, S2001.

Member of the Computational Science and Engineering Course Development Committee,

Academic Years 2002, 2001.

Member of the Quantitative Economic Major Assessment, Academic Years, Academic Years

2004, 2003, 2002.

Member of Quantitative Economic Committee, Academic Years 2007, 2006, 2005,

2004, 2003, 2002, 2001

Interview Team for Faculty Position, Academic Year 2005, 2003, 2001

Summer Seminar Leader, S2002.

Plebe Parents Weekend, F2006, F2005, F2004, F2003, F2002.

Designed a new course (Industrial Organization) that was added to the curriculum for the 2003

Academic year.

Plebe Majors Briefing (for both economics and quantitative economics), S2007,

S2008, S2006, S2004, S2002.

Designed the FEC and SQE brochures for Academic Year 2004.

Academy:

Member of the CAE Director Search Committee, Academic Year 2011.

Senior Academic Advisor, Fall Academic Year 2011, Academic Years 2010, 2009.

Member of the Childcare Task Force, Academic Years 2006 and 2005.

Member of the Faculty Senate Finance Committee, Academic Year 2006, 2005,

Faculty Senator, Academic Years 2003, 2002.

1/C Capstone Character Excellence Seminar, S2003

Plebe advisor, Academic Year 2005 for 10th company, Academic Year 2005 for 10th

company and Academic Year 2004 for 9th company.

Football recruiting, S2004, S2007, S2011.

STUDENT RESEARCH PROJECTS

2002, Tyler Forrest "Customer Racial Discrimination in the Professional Sports Card Market:

The Case of League Majority versus League Minority”, University Avenue

Undergraduate Journal of Economics, Vol. VI, n. I (2002-2003).

2002, Melanie J. Stock, “Product Differentiation in the Minneapolis Retail Gasoline Industry”

2003, David Crabbe, "Vertical Integration in the U.S. Oil Industry and its Impact on

Profitability"

2003, Justin Mayer, “Ultimatum Bargaining with Pre-commitment: Fairness or Personality

Type?" (a new version forthcoming in the Journal of Economic Behavior and

Organization).

2004, James Light (Trident Scholar), “Product Differentiation in the Retail Gasoline Industry”

(co-advisor with Associate Professor Suzanne McCoskey)

2006, W. Christopher Crabbe, "Group Self-Enforcement and Conformance to Rules"

2007, Christopher Engdahl, ““The Impact of Role Reversals and Average Offers in Ultimatum

Bargaining”

2009, John (Jack) Allen, “Multi-Period Ultimatum Bargaining: The Behavioral Importance of

Roles”

2010, Patrick Wayland, “Dynamic Public Goods”

2011, Christopher Anderson, “Price Dispersion and Search Cost: How do Frequency of Purchase

and “Type” of Good Impact Price Dispersion”

2012, Ben Currin "No School Left Behind: The Competitive Effect of Charter Schools on Public

Schools"

2012, Jake Compton "Investment Behavior Without Borrowing Constraints"

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