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Stephen J.K. Walters

Professor Emeritus of Economics
Stephen Walters

Research Areas

Industrial organization and regulation, Economic analysis of law, Sports economics, Urban economics

Academic Degrees

Ph D, University of California, Los Angeles
MA, University of California, Los Angeles
BA, University of Pennsylvania

Recent Publications

“Should Players Trust Their Agents? Portfolio Size and Agency Behavior in Major League Baseball,” The Journal of Sport Management, in press (with Anthony Krautmann and Peter von Allmen).

“Risk Aversion and Wages: Evidence from the Baseball Labor Market,” Atlantic Economic Journal, v. 45, no. 3 (September 2017), pp. 385-97 (with Anthony Krautmann and Peter von Allmen).

Boom Towns: Restoring the Urban American Dream. Redwood City, CA: Stanford University Press (2014).

“How to Make Medicine Safe and Cheap,” Regulation, vol. 37, no. 3 (Fall 2014), pp. 40-44 (with Steve H. Hanke and Alexander B. Rose).

Econversations: Today’s Students Discuss Today’s Issues (editor).
Boston: Pearson Higher Education (2013). (Authors: John J. Walters, Christopher Appel, Crystal Callahan, Nick Centanni, Steven Maex, Dan O'Neill).

“Is America’s National Pastime Too Time Consuming?” Economics Letters, v. 115, iss. 2 (May 2012), pp. 204-06 (with John D. Burger).

Awards and Honors

Newman Scholar, Loyola College (2002)
Distinguished Teacher of the Year, Loyola College (2005)
Loyola College Faculty Research Grant, Loyola College (2005)

Professional Memberships

Southern Economic Association
Western Economic Association
International Association of Sports Economists
Society for American Baseball Research

Current Projects

Researching stereotyping in employment; developing a new framework to finance urban revitalization.