Matthew C. Rousu - CV
Associate Professor
Department of Economics
Phone: (570) 372-4186, Email: rousu@susqu.edu
Education
Ph.D.,
Economics,
Dissertation: Information on genetically modified foods and how it affects consumers:
Evidence from experimental auctions
B.S.B.A.
with honors, Economics, University of South Dakota, Vermillion, South Dakota,
May 1998
Employment
Chronology
2010 to present Associate
Professor Susquehanna
University
Department
of Economics
2004 to 2010 Assistant
Professor Susquehanna
University
Department
of Economics
2002 to 2004 Research
Economist RTI
International
Food and Nutrition Policy & Consumer
Behaviors
1999 to 2002 Research
Assistant Iowa
State University
Department of Economics
Teaching
Experience
* Principles of Microeconomics, Principles of Macroeconomics, Elements of Economics, Applied Research Methods (an econometrics course for undergraduates), Game Theory, Political Economic Thought, Global Business Perspectives, Experimental Economics, Managerial Economics, Thought (a writing- and discussion-intensive course examining political-economic issues), Introduction to Texas Hold Em (continuing education course).
Professional
activities
Membership:
American Economic Association, American Agricultural Economics Association.
Reviewer for:
AAEA selected paper abstracts, several years.
Addiction
Agbioforum.
Agricultural
and Resource Economics Review.
Agricultural Economics.
American Accounting Association, 2009 Annual Meeting.
The American Economic Review.
American Journal of Agricultural Economics.
Applied Economic Perspectives & Policy.
Applied Economics.
The
Australian Journal of Agricultural and Resource Economics
The B.E. Journals in Economic Analysis &
Policy.
Canadian Journal of Agricultural Economics.
Environmental and Resource Economics.
European Review of Agricultural Economics.
Economic Research Service, USDA.
Essentials of Economics, Schiller.
Essentials of Economics, Brue and McConnell.
Food Policy.
Games and Economic Behavior.
International Foundation of Science Research Grant Applications.
Journal of Agribusiness.
Journal of Agricultural and Food Industrial
Organization.
Journal of Agricultural and Resource
Economics.
Journal of Agricultural Economics.
Journal of Benefit-Cost Analysis.
Journal of Economic Psychology.
Journal of Socio-Economics.
Microeconomic Theory: Concepts and Connections, Second Edition, Wetzstein.
Principles of Economics, Reich and Tyson.
Resource and Energy Economics.
Review of Agricultural Economics.
Review
of Industrial Organization
Southern Economic Journal.
Texas Hold’em Odds and Probabilities: Limit, No-Limit, and Tournament Strategies.
Tobacco
Control
Walker Basin Research Project (Nevada System of Higher Education) Grant Application.
Coverage in media outlets (I provided interviews, quotes, or my work
was discussed):
Coverage
in Print/Internet (this is only a partial list):
Associated Press, CBS Atlanta, The Daily Item, Fox 5 Vegas, The Jerusalem Post, Los Angeles Business Journal, MBA Jungle, The Patriot News, Pittsburgh Tribune-Review, Poker Law Bulletin, Pokerlistings.com, Recentpoker.com, Shamokin News Item, Susquehanna Currents, United Press International, US News and World Reports, Ventures, Yahoo.com
Radio
Coverage:
WKOK Radio: “Leaders and Lawmakers” and “On the Mark”, WFYY Radio, Bob and Tom Radio Show, Big Country Radio (92.3, 98.3, 100.5 FM), WVIA public radio, WTIF public radio
Professional activities continued
Grants and
Awards:
Awarded
the JARE Outstanding Journal Article award from the Western Agricultural
Economics Association for “An Internal Validity Test for Experimental
Auctions.” Awarded June 26, 2009.
Investigator
(with Rich O’Connor and James Thrasher). National Institutes of Health: 5-year
award 10/1/2009-9/30/2014. “Exploring current smokers
interest in using smokeless tobacco products.” $2,259,272. Susquehanna University share $128,623.
Principle
Investigator (with James Thrasher). Robert Wood Johnson Foundation: 1-year
award 10/1/2008-9/30/2009. “Estimating the Impact of Alternative Warning Labels on
Cigarette Demand in the United States: Evidence from Experimental Auctions”.
$99,999.
Principle
Investigator. Susquehanna
University Research Grant: 2-year award 4/1/2008-3/31/2010. “Two Projects Using Behavioral
Economics Methods: Why do People Give to Charity and
Why do People Play Online Poker?” $6,000
Miscellaneous
Professional Activities:
Organized
a 2003 AAEA Principle Session titled “Using Experimental Economic Methods
in Agricultural Economics.”
Organized a 2004 AAEA
Organized Symposium titled “The Economics of Emerging Food Safety
Concerns: Domestic and International.”
Organized
a 2004 AAEA Free Session titled “Using Experimental Methods to Testbed
Behavior.”
Consultant for several governmental and non-governmental entities.
Publications
Journal
Articles
Smith, M., M. Rousu, and P. Dion. (2011). “Internet Poker: A
Structural Equations Analysis of Motivations and Outcomes.” Forthcoming at the Journal of Gambling Issues.
Corrigan, J., A. Drichoutis, J. Lusk, R. Nayga, and M. Rousu. (2011). “Homegrown
Value Auctions with Repeated Rounds and Price Feedback: An Adversarial
Collaboration.” Forthcoming at the American
Journal of Agricultural Economics.
Colson, G., W.E. Huffman, and M. Rousu (2011). “Improving the Nutrient Content of Food through Genetic
Modification: Evidence from Experimental Auctions on Consumer Acceptance.” Forthcoming at the Journal of Agricultural and Resource
Economics.
Rousu, M., J. Nonnemaker, and M. Farrelly (2011).
“The Value of Countermarketing Information to Smokers: Evidence from
Field Auctions.” Journal of Agricultural and Applied
Economics. 43 (4), Pages 607-620.
Rousu, M. and S. Dardan. (2011). “IT Security in Online
Poker: An Optimization of IT Security Spending.” International
Journal of Business Research, 11 (3), Pages 127-131.
Thrasher, J.F., M. Rousu, D. Hammond, A. Navarro, and J.R.Corrigan. (2011). “Estimating the impact of Food and Drug Administration regulation of cigarette package warning labels and the added impact of plain packaging: Evidence from experimental auctions among adult smokers” Health Policy, 102 (1), Pages 41-48.
Rousu, M. and S. Baublitz (2011). “Does Perceived
Unfairness Affect Charitable Giving?
Evidence from the Dictator Game.” Journal
of Socio-Economics 40, Pages 364-367.
Corrigan, J. and M. Rousu (2011). “Are Experimental
Auctions Demand Revealing when Values are Affiliated?” American Journal of Agricultural Economics, 93 (2), Pages 514-520.
Rousu, M. and M. Smith.
(2010). “What
makes a winning poker player? Evidence from Online
Poker.” Gaming Law Review and Economics, 14 (9),
Pages 677-683.
Colson, G., J. Corrigan, and M. Rousu (2010).
“The Impact of Perceived Prices on Demand: Evidence from
Experimental Auctions.” Journal of Agricultural and
Food Industrial Organization. 8, http://www.bepress.com/jafio/vol8/iss1/art9/.
Rousu, M. and J. Lusk (2009). “Valuing Information on GM Foods
in a WTA market: What Information is Most Valuable?” Agbioforum,
12, http://www.agbioforum.org/v12n2/v12n2a07-rousu.htm
Corrigan, J. and M. Rousu (2008). “Testing
Whether Field Auction Experiments are Demand Revealing in Practice.” Journal of Agriculture and Resource Economics,
33, Pages 290-301. **This article was awarded the JARE
Outstanding Journal Article award by the Western Agricultural Economics
Association.**
Rousu,
M. (2008). “Run or Pass? A Football
Play-Calling Experiment to Illustrate the Mixed Strategy Nash
Equilibrium.” Journal of Business Education.
9, Pages 79-89.
Rousu, M. and J. Corrigan. (2008). “Consumer Preferences for
Fair Trade Foods: Implications for Trade Policy.” Choices. 23 (2). http://www.choicesmagazine.org/magazine/article.php?article=22
Rousu, M. and J. Corrigan (2008). “Estimating
the Welfare Loss to Consumers when Food Labels do not Adequately Inform: An
Application to Fair Trade Certification.” Journal of Agricultural & Food Industrial Organization, 6, http://www.bepress.com/jafio/vol6/iss1/art3.
Rousu, M., R. Beach, and J. Corrigan. (2008). “The
Effects of Selling Complements and Substitutes on Consumer Willingness to Pay:
Evidence from Laboratory Experiments.” Canadian
Journal of Agricultural Economics, 56, Pages 179-194.
Lusk, J.L., C. Alexander, and M. Rousu.
(2007) “Designing
Experimental Auctions for Marketing Research: The Effect of Values,
Distributions, and Mechanisms on Incentives for Truthful Bidding.” Review
of Marketing Science, 5, http://www.bepress.com/romsjournal/vol5/iss1/art3
Thrasher,
J.F., M. Rousu, R. Ocampo-Anaya, LM Reynales-Shigematsu, B. Allen, E Arillo-Santillán,
M. Hernández-Ávila.
(2007) “Estimating the Impact of Graphic Warning Labels on
Cigarette Packs: The Auction Method.” Addictive
Behaviors, 32, Pages 2916-2925.
Rousu, M., W.E. Huffman, J.F. Shogren, and A.
Tegene. (2007). “Effects and Value of
verifiable information in a controversial market: Evidence from lab auctions of
genetically modified food.” Economic Inquiry, 45, Pages 409-432.
Huffman, W. E., M. Rousu, J. F. Shogren, and A. Tegene. (2007). “The Effects of Prior
Beliefs and Learning on Consumers’ Acceptance of Genetically Modified
Foods.” Journal of Economic Behavior and
Organization, 63, Pages 193-206.
Monchuk, D., M. Rousu, J. Shogren, J. Nonnemaker, and K. Kosa. (2007). “Decomposing the Value of
Cigarettes Using Experimental Auctions.” Nicotine
and Tobacco Research, 9, January, Pages 93-99.
Rousu, M. and J. F. Shogren. (2006). “Valuing Conflicting Public
Information about a New Technology: The Case of Irradiated Foods.” Journal
of Agricultural and Resource Economics, 31, December, Pages 642-652.
Corrigan, J. and M. Rousu. (2006). “Posted Prices and Bid
Affiliation: Evidence from Experimental Auctions.” American
Journal of Agricultural Economics, 88, November, Pages 1078-1090.
Corrigan, J. and M. Rousu. (2006). “The Effect of Initial
Endowments in Experimental Auctions.” American
Journal of Agricultural Economics, 87, May, Pages 448-457.
Rousu, M., D. Monchuk, J. Shogren, and K. Kosa. (2005). “Consumer Willingness to
Pay for “Second-Generation” Genetically Modified Products and the
Role of Marketing Information”
Journal of Agricultural and
Applied Economics, 37, December, Pages 647-657.
Rousu, M. and K. Kosa. (2005) “Allowing
Options in Experimental Auctions.” Applied
Economics Letters, 12, October, Pages 817-821.
Rousu,
M. (2005). “European Consumers’
Willingness to Pay for
Huffman, W. E., M. Rousu, J. F.
Shogren, and A. Tegene. (2004). “Who do Consumers Trust for
Information on Genetically Modified Foods: Economics of Trust
Formation.” American Journal of Agricultural Economics,
86, December, Pages 1222-1229.
(Invited paper presented as part of a principle session).
Huffman, W. E., M. Rousu, J. F.
Shogren, and A. Tegene. (2004). “Consumers’ Resistance
to Genetically Modified Foods in the
Rousu, M., W.E. Huffman, J.F. Shogren, and A. Tegene. (2004). “Are United States
Consumers Tolerant of Genetically Modified foods?” Review
of Agricultural Economics, 26, February, Pages 19-31.
Rousu, M., W. E. Huffman, J. F. Shogren, and A. Tegene. (2004). “Estimating the Public
Value of Conflicting Information: The Case of Genetically Modified
Foods.” Land Economics, 80, February, Pages 125-135.
Huffman, W. E., M. Rousu, J.F.
Shogren, and A. Tegene. (2003). “The Public Good Value of
Information from Agribusinesses on Genetically Modified Foods.” American
Journal of Agricultural Economics, 85, December, Pages 1309-1315. (Invited paper presented as part of a
principle session).
Huffman, W.E., J.F. Shogren, M. Rousu, and A.
Tegene.
(2003). “Consumer
Willingness to pay for Genetically Modified Food Labels in a Market with
Diverse Information: Evidence from Experimental Auctions.” Journal
of Agricultural and Resource Economics, 28, December, Pages 481-502.
Brown, R and M. Rousu. (1998). “Out of State Tuition Rates
and Enrollment Patterns.” South Dakota Business Review 56,
June, Pages 1, 4-8.
Book Chapters, Technical Reports,
and Non-Technical Articles
Rousu, M. (2011). “Benefits of School Vouchers
Outweigh the Negative Aspects.”
The Patriot News
(Harrisburg). February 8,
2011. Also published
in The Daily Item on January 26, 2011
under title: “An Economist’s View of School Choice Funding.”
Rousu, M. (2009). “Exploring
Benefits and Costs of Boscov’s Plan.” The Daily Item.
January 4, 2009.
Lusk, J.L. and M. Rousu. (2007). “Market
Price Endogeneity and Accuracy of Value Elicitation Mechanisms.” Using Experimental Methods in Environmental and Resource
Economics. Edited by J. List. Edward Elger Publishing. Pages 20-40
Huffman, W.E. and M. Rousu (2006). “Consumer Attitudes and Market Resistance to Biotech
Products.” Regulating Agricultural
Biotechnology: Economics and Policy. Edited by R.E.
Just, J.M. Alston, and D. Zilberman. Springer Publishers. Pages 201-225.
Rousu,
M. (2006). “Should online poker be
illegal?” The Daily Item. August 5, 2006.
Huffman, W.E., M. Rousu, J.F. Shogren, and A. Tegene. (2004). “The
Welfare Effects of Implementing Mandatory GM Labelling in the
Tegene, A., W. Huffman, M. Rousu, and J. Shogren. (2003). “The
Effects of Information on Consumer Demand for Biotech Foods: Evidence from
Experimental Auctions.” ERS Research Brief, Technical Bulletin Number 1903. March.
Rousu, M. and Wallace E. Huffman. “GM
Food Labeling Policies of the U.S. and Its Trading Partners.”
Colson, G., W.E. Huffman, and M. Rousu (2010). “Estimation
of the Welfare Impact of Intragenic and Transgenic GM labeling Policies.” Working paper.
Colson, G., W.E. Huffman, and M. Rousu (2008).
“Demand Curve Effects in Experimental Auctions: The Effect of
Quantity Already Owned.” Working paper.
Nonnemaker, J. M. Rousu, and M. Farrelly (2008). “The
Effects of Information on Demand for and Beliefs about Eclipse.” Working paper.
Other Papers
Hunter, G. and M. Rousu (2010). “The Willingness to
Pay-Willingness to Accept Gap, the “Endowment Effect,” Subject
Misconceptions, and Experimental Procedures for Eliciting Valuations:
Comment.” Working
paper.
Rousu, M. and J. Thrasher. (2011). “Hypothetical Bias in
Health Scores.” Being prepared.
Corrigan, J. and M. Rousu. (2011). “Do Practice Rounds Bias
Experimental Auction Results.”
Working paper.
Rousu, M. and A. Miller (2011). “Adverse Events and
Consumer Purchases: Evidence from Online Poker.” Being prepared.
Presentations
2011
IABE Annual Meetings, Las Vegas, NV.
American
Agricultural Economics Association Annual Meetings
2010
Geisinger Health Systems, Danville, PA.
CUPRAP
Fall East Workshop, La Salle University
Atlantic
Economic Conference, Charleston, SC
American
Agricultural Economics Association Annual Meetings
International
Arts and Sciences Conference, Orlando, FL
2009
Susquehanna
University
American
Agricultural Economics Association Annual Meetings
University
of South Carolina
2008
Substance
Abuse Policy Research Program, Annual Grantee Meeting
Penn
State University
Susquehanna
University
American
Agricultural Economics Association Annual Meetings
Purdue
University
2007
American
Agricultural Economics Association Annual Meetings
2006
2005
American
Agricultural Economics Association Annual Meetings
Susquehanna
University
2004
American
Agricultural Economics Association Annual Meetings
Appalachian
RTI
International
Allied
Social Science Association Annual Meetings
2003
Appalachian
American
Agricultural Economics Association Annual Meetings
The
2002
U.S.D.A.
Food Safety and Inspection Service
RTI
International (2)
American
Agricultural Economics Association Annual Meetings (2)
International
Consortium on Agricultural Biotechnology Research (2)
2001
U.S.D.A.
Economic Research Service
American
Agricultural Economics Association Annual Meetings