Lawrence Spizman (left), professor emeritus of economics, and economics professor John Kane (right) recently earned a major award in the 2020 Ward Piette Research Prize from the National Association of Forensic Economics at Allied Social Science Annual Meeting in San Diego. The award was for their 1992 groundbreaking paper "Loss of Future Income in the Case of Personal Injury of a Child: Parental Influence on a Child’s Future Earnings.” This paper, along with several other papers by Spizman and Kane, is the seminal work on estimating the probability of educational attainment of a minor child. Their model is used throughout the United States and Canada in most legal jurisdiction in personal injury litigation of minor children who do not have a working history. The authors used an ordered probit econometric technique to model an individual’s choice among alternative levels of education. This model is then used to estimate the probabilities of alternative levels of educational attainment for a minor child, based upon family background characteristics.
Sociology professor Tim Delaney presented his co-authored paper "The Need for Renewable Energy Resources And the Reasons Why the United States and Russia Lag Behind" at the 16th annual International Conference on Environmental, Cultural, Economic and Social Sustainability at the Pontifical Catholic University of Chile, Santiago, which ran Jan. 29 to 31. Delaney co-authored the paper with Anastasia Malakhova of St. Petersburg State University in Russia. The presentation centered on harmful effects of a reliance on fossil fuels and the need to embrace alternative renewable energy sources followed by explanations as to why the United States and Russia are lagging behind in the development and reliance on renewable forms of energy to fuel their respective countries' energy needs. The panel consisted of participants from China, India, Nigeria, Russia and the United States.
Sarfraz Mian of the marketing and management department gave an invited lecture based on his entrepreneurial university research in promoting innovation and entrepreneurship education programs on university campuses. The event was organized by the Institute of Business Administration (IBA) in Karachi, Pakistan, in which university deans, department chairs, program directors and faculty from neighboring universities participated in large numbers. During the trip, Mian was also invited to his alma mater University of the Punjab, Lahore, where he spoke to a similar university-wide audience on the subject of “The University as Driver for Economic Growth and Social Change: Key Strategic Challenges.”
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