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Overview
Faculty
Majors
Courses
Opportunities
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W. Norton
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Norris
A. Aldeen Professor of Business
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| Education |
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Ph.D., Economics/Industrial Organization and Finance,
University of Chicago, 1982.
M.B.A., Finance and Industrial Relations, University
of Chicago, 1975.
M.A., Public Policy and Administration, University
of Wisconsin, Madison, 1971.
B.A., History, Northwestern University, Evanston,
IL, 1969.
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Professional and Personal Interests
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Applications of microeconomics and neoinstitutional economics
to problems of business organization and strategy. Research
focuses on franchising, coordination in vertical market arrangements,
information processing within firms, and firm heterogeneity.
Current interests also include the study of the breadth and
varieties of competition and the philosophic foundations of
market institutions.
Other study focuses on the determinants of economics institutions
across nation-states and the effects of various institutional
configurations on human well-being.
Personal interests include Wheaton College athletics, especially
wrestling, and teaching and support of world mission organizations,
and family.
| Courses
Taught |
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- Business Stragegy and Analysis
- Econometrics
- Industrial Organization
- Investments
- Macroeconomics
- Microeconomics
- Principles of Finance (Corporate)
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Membership in Professional Societies |
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- American Economics Association
- American Finance Association
- Association of Christian Economists
- Association of Private Enterprise Education
- International Society for the New Institutional Economics
- National Association of Forensic Economics
- Southern Economics Association Strategic Management
Society Western Economics Association
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Research |
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Individual: Applied microeconomics, competition, cross-national empirical studies, culture and economic institutions, and religious foundations of human behavior.
With students: cross-national studies of incidence of Internet use, cross-national studies of institutions, transactions costs, and finance.
| Papers
Published and/or Presented |
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- Norton,
Seth W., 2003. "Economic Institutions and Human Well-being:
A Cross National Analysis ," Eastern Economic Journal,
29: 23-40.
- Norton,
Seth W., "Economic Growth and Poverty: In Search of Trickle-down,"
Cato Journal, 22, 2002, 263-275.
- Norton,
Seth W. and Byong-Duk Rhee, "Strategic Quality Decisions
under Heterogeneous Resource Endowments," Journal of
Economics and Management Strategy, 10, 2001, 235-264.
- Norton,
Seth W., "The Cost of Diversity: Endogenous Property Rights
and Growth," Constitutional Political Economy, 11,
2000, 319-337.
- Norton,
Seth W. and John J. Binder, "Regulation, Profit Variability
and Beta," Journal of Regulatory Economics, 15, 1999,
249-265.
- Norton,
Seth W., "Poverty, Property Rights and Human Well-Being:
A Cross-National Study," Cato Journal, 18, 1998,
233-245.
- Norton,
Seth W., "Property Rights, the Environment and Economic
Well-Being," in Peter J. Hill and Roger E. Meiners, Eds.
Who Owns the Environment? 1998, Oxford:
Roman & Littlefield Publishers, Inc., 37-54.
- Norton,
Seth W., "Information and Competitive Advantage: The Rise
of General Motors," Journal of Law and Economics,
40, 1997, 245-260.
- Norton,
Seth W., "Is Franchising a Capital Structure Issue?" Journal
of Corporate Finance, 2, 1995, 75-101.
- Norton,
Seth W., "Vertical Integration and Systematic Risk: Oil
Refining Revisited," Journal of Institutional and Theoretical
Economics, 149, 1993, 656-669.
Faculty
Continued: Stephen
Bretsen, J.D.
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