Demetrius Kantarelis, Ph.D

Professor of Economics

508-767-7557 Tsotsis Family Academic Center - Room 231

Degrees Earned

Ph.D., Clark University; Economics, 1983
Ph.D. Thesis Title: “Live and Let Live Behavior of Oligopolists in A Multi-Dimensional Setting with Demand Fluctuations”
M.A., Fordham University; Economics, 1978
B.A., National and Kapodistrian University of Athens, Greece; Economics, 1977

Undergraduate Courses Taught

Principles of Microeconomics and Macroeconomics
Statistics
Industrial Organization

Publications & Editorships

Books

Freedom and the Third Hellenization Period
Publisher: Inderscience ISBN (print): 0-907776-66-3, ISBN (Online): 0-907776-65-5, 2021

Theories of the Firm, 6th ed.
Publisher: Inderscience, ISBN (print): 0-907776-64-7, ISBN (Online): 0-907776-63-9, 2020

Law & Economics (Property, Contracts, Torts)
Publisher: B&ESI, ISBN 10: 0-9659831-8-8, ISBN 13: 978-0-9659831-8-1, 2017

Essentials of Inferential Statistics, 5th ed., (Co-authored)
Publisher: University Press of America, ISBN: 978-0-7618-4451-8, 2009

Referred Articles in Journals and Conference Proceedings

2023 “Administrative Sciences and their Origin in Ancient Corinth,” Archives of Business Research, Volume 11, No 2, pp. 54-68

2022  “Risky Portfolio Efficient Frontier & Performance: Bayesian versus Frequentist,” Archives of Business Research, Volume 10, Number 5, pp. 211-228

2020 “St. Thomas Aquinas and the Third Hellenization Period,” Comparative Civilizations Review, Volume 83, No. 83, Article 16, pp. 103-123

2019 “Brand Loyalty in a Bertrand-Type Oligopoly Setting”, American Journal of Industrial and Business Management, Volume 9, 2019, pp. 2250-2262

2018 “Screening Stocks Based on the Rational Approach to Decision-Making”, Economics, Management, and Financial Markets, Volume 13(1), 2018, pp. 32-62

2017 “In Search of the Criterion Standard Test in Diagnostic Testing”, American Journal of Medical Research, Volume 4(1), 2017, pp. 118–140, (Co-authored)

2016 “Enhancing Poor and Middle Class Earning Capacity with Stock Acquisition Mortgage Loans”, Economics, Management and Financial Markets, Volume 11(2), 2016, pp. 11–27, (Co-authored)

2016 “Incentive-Compatibility and Coasean Invariance In Property Affairs”, Contemporary Readings in Law and Social Justice, Volume 8(2), 2016, pp. 96–114, (Co-authored)

2016 “A Measure of Net Dependency between the Economies of the USA and its Major Trading Partners”, Geopolitics, History, and International Relations, Volume 8(1), 2016, pp. 113-145

2014 “The Firm as a Function of Deals”, International Journal of Law and Management, Volume 56, Issue 4, pp.311-332

2012 “Mechanism Design and Incentives’ Engineering”, Proceedings, Central European Conference on Information and Intelligent Systems, CECiiS

2011 “Recent Developments in Immunology research”, (Highlights, 4th International Conference of the Frontiers in Immunology Research Network, 1–4 July), Immunotherapy, 3(9), pp 1029–1032

2010 “The Banking Firm: Theoretical Principles and their Violations in the USA”, International Journal of Business Continuity & Risk Management, Volume 1, Issue 3, pp 222-232

2009 “Review of book by Hugh Schwartz titled A Guide to Behavioral Economics”, Higher Education Publications, Inc., Falls Church, Virginia (2008) 90 pp., ISBN-13: 978-0-914927-61-7, The Journal of Socio-Economics, Volume 38, Issue 6, December, pp 998-999

2009 Financial Capital Democratization: Recipes for Growth & Disaster”, International Journal of Society Systems Science, Volume 1, Issue 4, pp 325-350, (Co-authored)

2009 “Pairing Industries and Firms for Optimum Portfolio Performance”, World Journal of Management & Economics, Volume 2, Issue 2, pp 2-10, (Co-authored)

2009 “Entrepreneurship in the USA: Architecture, Market Structure & Incentives”, The International Journal of Entrepreneurship & Innovation Management, Volume 9, Issue 3, pp 191-203.

2008 “Internalization of Costs, Liability and Negligence, Performance and Reliance”, International Journal of Law & Management , Volume 50, Issue 6 (leading article), pp 274-284. (Highly Commended Award Winner, Emerald Literati Network Awards for Excellence 2009.)

2008 “Capital Democratization”, The Journal of Socio-Economics, Volume 37, pp 1624-1635, (Co-authored)

2007 “The Increasing Relevance of Auctions”, World Journal of Business & Management, Issue 1, pp 65-71

2005 “Occupational Stress: Some Microeconomic Issues”, International Journal of Management Concepts and Philosophy, Volume 1, #3, pp 232-247

2003 “The Neoclassical Theory of the Firm and some of its Branches”, Journal of the Academy of Business Administration, Fall

2003 “Building Blocks for an Evolutionary Theory of the Firm: Review & Analysis”, Journal of Business & Public Affairs, August

2002 “A Fertility-Reducing Cycle as a Cause for Fertility Decline”, Contemporary Business Readings, Academy of Business Administration International Conference, (Co-authored)

2001 “How Do You Spell Future?”, International Business Trends, Academy of Business Administration International Conference, (Co-authored)

2000 “The Ugly Face of Opportunism”, Contemporary Business Readings, Academy of Business Administration International Conference, (Co-authored)

1999 “NATO’s Mission, Threat Environments and Effectiveness”, Business Quest

1999 “The North Atlantic Treaty Organization(NATO) Today: An Institution for Peace and Economic Prosperity”, International Business Practices, Proceedings, Academy of Business Administration International Conference, (Co-authored)

1998 “Stochastic Duopoly and Learning to Cooperate”, Contemporary Business Readings, Proceedings, Academy of Business Administration International Conference.

1997 “Industry Economic Welfare and the Need for Entry and Exit”, International Business Practices, Proceedings, Academy of Business Administration National Conference, (Co-authored)

1997 “A Maximum Likelihood Approach to Subjective Decisions: An Application to the Ranking of American College Football Teams”, International Business Practices, Academy of Business Administration International Conference, (Co-authored)

1997 “Interdependency Between Nations”, Contemporary Business Readings, Proceedings, Academy of Business Administration National Conference) (Co-authored)

1995 “Labor Hoarding and Market Gains”, Journal of the Academy of Business Administration, Fall.

1994 “Captive and Common Markets Without Price Discrimination”, World Business Trends, Proceedings, Academy of Business Administration International Conference.

1993 “The Evolution of Industrial Concentration Due to Luck: An Extension”, Studies in Economic Analysis, Vol. 15, No. 1.

1993 “Marketing, Variety of Products and Profits in the Long-Run”, Business Topics new Directions, Proceedings, Academy of Business Administration International Conference.

1989 “Buyers, Sellers, and Price Cost Margins in Manufacturing Industries”, Studies in Economic Analysis, Vol. 12, #2, Spring.

1988 “Live and Let Live Type Behavior of Oligopolists in a Multi-Market Setting with Demand Fluctuations”, Journal of Economic Behavior and Organization, October. (Co-authored)

1987 “Buyer Concentration and Countervailing Power”, Quarterly Journal of Business and Economics, Vol. 26, #3, (Co-authored)

1985 “The Buyer’s Response to ‘Vertical’ Quality Changes”, Spoudai Quarterly Economic Journal, Vol. 35, #3, December

1982 Parastatals a Preliminary Assessment, Program for International Development Clark University, April (Co-authored)

1981 “Agricultural Economic Development and Some Lessons from the Performance of the ILO’s Strategy for Kenya”, African Journal of Agricultural Sciences, Vol. 8, #2, (Co-authored)

1980 Employment in Eastern Africa, Program for International Development Clark University, November, (Co-authored)

Editorships (Journals)

2008 – Present: Editor, International Journal of Economics and Business Research

1998 – Present: Editor, Interdisciplinary Environmental Review

1998 – Present: Founding Editor, Global Business & Economics Review

2007 – Present: Founding Editor, International Journal of Behavioral and Healthcare Research

2006 – Present: Founding Editor, International Journal of Immunological Studies

2010 – Present Editorial Board, Panoeconomicus

1999 – Present: Editorial Board, Business Quest

2003 – Present Advisory Board, Series: Nature, Culture & Literature (Rodopi)

Editorships (Anthologies/Proceedings)

1997 – Present: Business & Economics Society International Conference – Global Business & Economics Anthology

1995 – 2002: Interdisciplinary Environmental Review – Annual Proceedings (various titles), (Co-Editor)

Conferences

Business & Entrepreneurial Economics (BEE) Conference, Zagreb and Plitvice Lakes National Park, Croatia (2016)  Keynote Speaker

Central European Conference on Information and Intelligent Systems, CECiiS, Croatia (2011).  Keynote Speaker

Japan Economic Policy Association International Conference, Japan, (2010).  Keynote Speaker

International Conference, “An Enterprise Odyssey: Leadership, Innovation and Development for Responsible Economy”, Croatia, (2010).  Keynote Speaker

Interdisciplinary Conference on the Environment (1995 – Present).  Presenter

Business & Economics Society International Conference (1997 – Present).  Presenter

2016, World Congress in Philosophy – The Philosophy of Aristotle: Did Thomas Aquinas Christianize Aristotle?

International Conference of Philosophy on Economy in the Ancient and the Contemporary Hellenic World: The Case of Xenophon (2013).  Presenter

World Congress of Philosophy (2013).  Presenter

Academy of Business Administration Conference (1993 – 2002, 2006 – 2008, 2012) .  Presenter

Association of American Law Schools Conference (2001 – 2008).  Presenter

Western Economic Association Conference (1988 – 1993).  Presenter

American Economic Association Conference (1983, 1992).  Presenter

Eastern Economic Association Conference (1983, 1994).  Presenter

University of Maribor – Slovenia (2014).  Invited Lecturer

Athens University of Economics and Business- Greece (2009).  Invited Lecturer

University of Zagreb – Croatia (2009, 2011, 2014).  Invited Lecturer

University of National & World Economy – Bulgaria (2010).  Invited Lecturer

Presentations

University of Maribor – Slovenia (2014) Invited Lecturer

Athens University of Economics and Business – Greece (2009) Invited Lecturer

University of Zagreb – Croatia (2009, 2011, 2014) Invited Lecturer

University of National & World Economy – Bulgaria (2010) Invited Lecturer

Grants and Awards

The Paul Ziegler Presidential Award for Excellence in Scholarship, 2009, [Recognition of outstanding scholarly contributions, Assumption College]

Highly Commended Award Winner, Emerald Literati Network Awards for Excellence, 2008, [For the paper “Internalization of Costs,

Liability and Negligence, Performance and Reliance”, International Journal of Law & Management, 2008, Volume 50, Issue 6, pp 274-284]

International Service Award (Academy of Business Administration, 2000)

International Service Award (Academy of Business Administration, 1999)

International Service Award (Academy of Business Administration, 1994)

Visiting Scholarship (Economics, Harvard University, 9/1984-2/1986)

Research and Teaching Scholarship (Economics & Geography, Clark Univ., 9/1979-5/1983)

Important Links

Center Ball