MARK W. NICHOLS Department of Economics University of Nevada, Reno College of Business Administration Reno, NV 89557

Office: (775) 784-6936 Home: (775) 355-0226 FAX: (775) 784-4728 email: [email protected] webpage: http://www.business.unr.edu/faculty/nichols

EDUCATION Ph.D., Economics, Florida State University, August 1994 M.S., Economics, Florida State University, 1993 B.S., Economics, University of Central Florida, 1990

CURRENT POSITION Professor, University of Nevada, Reno, 2009-present PREVIOUS POSITIONS Chair, Department of Economics, University of Nevada, Reno, 2007-2010 Associate Professor, University of Nevada, Reno, 2001-2009 Graduate Director, Department of Economics, University Of Nevada, Reno, 2006-2008. Visiting Scholar, Worcester Polytechnic Institute, Worcester, Mass. 2005-06. Assistant Professor, University of Nevada, Reno, 1996-2001 Guest Lecturer, University of Salford, Salford, England, 1997-2004 Visiting Assistant Professor, University of the South, Sewanee, TN 1994-1996 Instructor, Florida State University, 1990-1994 Research Analyst, R.W. Beck and Associates, Orlando, Florida, Summer 1990

COURSES Undergraduate: Introduction to Econometrics, Industrial Organization, Intermediate Microeconomics, Labor Economics, Gambling Law, Principles of Macro and Micro, Statistics Graduate/MBA: Applied Econometrics, Business and Public Policy

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PUBLICATIONS IN REFEREED JOURNALS Nichols, Mark W. “The Impact of Visiting Team Travel on Game Outcome and Biases in NFL Betting Markets.” Journal of Sports Economics, forthcoming, 2012 Nichols, Mark W. and Tosun, Mehmet Serkan. “The Elasticity of Casino Gambling.” Forthcoming in Oxford Handbook of Gambling Economics, Oxford Univeristy Press, Oxford, U.K. Nichols, Mark W., Hendrickson, Jill, M., and Griffith, Kevin. “Was the Financial Crisis the Result of Ineffective Policy and Too Much Regulation? An Empirical Investigation.” Journal of Banking Regulation, Vol 12., 2011, 236-251. Hendrickson, Jill, M. and Nichols, Mark W. “The Lights Went Out in Georgia: Explaining Commercial Bank Failure in the 21st Century” Academy of Business Journal, Vol. 1, 2011, 36-68. Hendrickson, Jill, M. and Nichols, Mark W. “How Do Predatory Lending Laws Impact Bank Performance?” Academy of Banking Studies Journal, Vol. 10, No. 1, 2011, 1-22. Hendrickson, Jill, M. and Nichols, Mark W. “Did Commercial Banks Close Branches in Low-Income Neighborhoods in Response to the CRA? Implications for Understanding the 2007-2008 Financial Crisis.” Journal of Legal, Ethical, and Regulatory Issues, Vol. 13, No. 1, 2010, 17-38. Nichols, Mark W. and Tosun, Mehmet Serkan. “The Income Elasticity of Gross Casino Revenues: Short-Run and Long-Run Estimates.” National Tax Journal. Vol. 61, No. 4, Part 1, December 2008, 635-652. Garrett, Thomas A. and Nichols, Mark W. “Do Casinos Export Bankruptcy?” Journal of Socio-Economics.” Vol. 37, 2008, 1481-1494. Giacopassi, David, Stitt, B. Grant, and Nichols, Mark W. “Motives and Methods of Under-Aged Casino Gamblers.” Journal of Gambling Studies, Vol. 22, No. 4, December, 2006, 413-426. Nichols, Mark W., Pavlov, Oleg, and Radzicki, Michael J. “The Circular and Cumulative Structure of Administered Pricing.” Journal of Economic Issues, Vol. XL, June 2006, 517-526. Giacopassi, David, Nichols, Mark W., and Stitt, B. Grant. “Voting for a Lottery.” Public Finance Review, Vol. 34, January 2006, 80-100.

3 Griswold, Mary Tabor and Nichols, Mark W. “Social Capital and Casino Gambling in U.S. Communities.” Social Indicators Research, July 2006, 369-394. Stitt, B. Grant, Nichols, Mark W., and Giacopassi, David. “Casinos as Disruptive Influences.” International Journal of Tourism Research, Vol. 7, July/August 2005, 187-200. Nichols, Mark W., Stitt, Grant, B. and Giacopassi, David. “Changes in Suicide and Divorce in New Casino Jurisdictions.” Journal of Gambling Studies, Winter 2004, 391-404. Stitt, B. Grant, David Giacopassi, and Mark W. Nichols. "Gambling Among Older Adults: A Comparative Analysis." Experimental Aging Research, 2003, pp. 189203. Stitt, B. Grant, Mark W. Nichols, and David Giacopassi. “Does the Presence of Casinos Increase Crime?—An Examination of Casino and Control Jurisdictions.” Crime & Delinquency, April 2003. Nichols, Mark W., David Giacopassi, and B.Grant Stitt. "Casinos as a Catalyst for Economic Development." Tourism Economics, March 2002, pp. 59-66 Nichols, Mark W., B. Grant Stitt, and David Giacopassi. “Community Assessment of the Effects of Casinos on Quality of Life”. Social Indicators Research, Vol. 57. No 3., 2002, pp. 229-62. Stitt, B. Grant, David Giacopassi, and Mark W. Nichols. "Community Perception of Casino Gambling's Effect on Crime in New Gambling Jurisdictions." Justice Professional, vol 14, No. 2, 2001. Hendrickson, Jill and Mark W. Nichols. How Does Regulation Affect the Risk Taking of Banks? A U.S. and Canadian Perspective." Journal of Comparative Policy Analysis, Vol. 3, No. 1, 2001. Stitt, B. Grant, Mark Nichols and David Giacopassi. “The Effect of Casino Gambling on Crime and Quality of Life in New Casino Jurisdictions.” Final Report, available at http://www.ncjrs.org/rr/vol2_3/14.html. Stitt, B. Grant, David Giacopassi, and Mark W. Nichols. "Including Tourists in Crime Rate Calculations for New Casino Jurisdictions: What Difference Does it Make." American Journal of Criminal Justice, Spring 2000, pp. 203-16. Stitt, B. Grant, Mark W. Nichols, and David Giacopassi. “Casino Gambling Behavior And Perceptions of Problem Gambling.” Journal of Gambling Studies, Winter 2000, pp. 433-52.

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Nichols, Mark W., B. Grant Stitt, and David Giacopassi. “Casino Gambling and Bankruptcy in New U.S. Casino Jurisdictions”. Journal of Socio-Economics, Vol. 29. No 5., 2000, pp. 247-61 Atkinson, Glenn, Nichols, Mark W., and Oleson, Ted. “The Menace of Competition and Gambling Deregulation.” Journal of Economic Issues, September 2000, pp. 62134. Stitt, B. Grant, David Giacopassi, and Mark Nichols. “The Effect of Casino Gambling on Crime in New Casino Jurisdictions.” Journal of Crime and Justice, Spring 2000, pp. 1-23. Giacopassi, David, Nichols, Mark W., and Stitt, Grant. “Attitudes of Community Leaders In New Casino Jurisdictions Regarding Casino Gambling’s Effects on Crime and Quality of Life”, Journal of Gambling Studies, Summer 1999, pp. 123-47. Nichols, Mark W. and Fournier, Gary M. “Recovering from a Bad Reputation: Changing Beliefs About the Quality of U.S. Autos.” International Journal of Industrial Organization, April 1999, 299-318. Nichols, Mark W. “Deregulation and Cross-Border Substitution in Iowa's Riverboat Gambling Industry,” Journal of Gambling Studies, Summer 1998.

Nichols, Mark W. "Advertising and Quality in The U.S. Market for Automobiles" Southern Economic Journal, April 1998. Nichols, Mark W. “The Impact of Deregulation on Casino Win in Atlantic City”, Review of Industrial Organization, December 1998. Nichols, Mark W. “Regulation of Casino Gaming at the Federal. State, or Local Level: Which is Best?” Gaming Law Review, Fall 1997, pp. 323-32. Nichols, Mark W. and Hendrickson, Jill. “Profit Differential Between Canadian and U.S. Commercial Banks: The Role of Regulation” Journal of Economic History, September 1997, 674-96. Sass, Tim R. and Nichols, Mark W. “Scope of Practice Regulation: Physician Control and the Wages of Non-Physician Health-Care Professionals”. Journal of Regulatory Economics, January 1996, pp. 61-81.

5 PUBLICATIONS IN POLICY JOURNALS & BOOKS Nichols, Mark, W., Steinmann, Frederick, and Gillon, Pete. “Social Capital as a Measure of Redevelopment Effectiveness.” Redevelopment: Building Better Communities, California Redevelopment Association, October 2006, 12-14. Steinmann, Frederick and Nichols, Mark W. “Social Capital Study: Social and Economic Maladjustment in Redevelopment Project Area No. 2” Prepared for Reno City Council and Redevelopment Agency Board, July 2005. Nichols, Mark W., B. Grant Stitt, and David Giacopassi. “Effects of Casino Gambling on Crime and Quality of Life in New United States Casino Jurisdictions.” Newsletter: The Society for the Study of Gambling, Number 36, Spring 2003. Stitt, B. Grant., Mark W. Nichols, David Giacopassi. "Community Satisfaction with Casino Gambling: An Assessment After the Fact". For Fun or Profit: the Controversies of the Expansion of Casino Gambling, Prometheus, (2002). Giacopassi, David, Mark W. Nichols, Grant Stitt. “How Do Casinos Affect Communities”, Business Perspectives, University of Memphis, Summer 1999, pp. 23-27. Stitt, Grant, Mark W. Nichols, and David Giacopassi. “Effects of Casino Gambling: A Multifaceted Issue”, Grant Sawyer Center for Justice Studies Paper Series, Fall 1999.

GRANTS “Effects of Casino Gambling on Crime and Quality of Life in New Casino Jurisdictions” Department of Justice-National Institute of Justice Grant with B. Grant Stitt and David Giacopassi. Total Award: $252,331. “Casino Gambling and Consumer Bankruptcy” Junior Faculty Research Award, University of Nevada, Reno. Total Award: $5,696.

SELECTED PRESENTATIONS National Tax Association, November 2010 “Socioeconomic and Fiscal Impact of Casino Gambling.” League of Cities, December 2006 “History and Social Impact of Casino Gambling”. Governor's Forum on Fiscal Affairs, May 2000

6 "Economics Trends—Gaming" University of Manchester, U.K., March 2000 “Suicide and Divorce in New Casino Jurisdictions” Nevada Society of CPA's, May 1999 "Economic Outlook in the Gaming Industry" Salford University, U.K., March 1999 “Gambling and Bankruptcy in New U.S. Casino Jurisdictions” Salford University, U.K., March 1998 “Empirical Analysis of Casino Gambling Addiction” Conference for Government Finance Officer Association, January 1998 "Implications of Proposition 5"

TEACHING AND RESEARCH AWARDS Distinguished Research Award, Academy of Legal, Ethical and Regulatory Issues, April 2010. Distinguished Research Award, Academy of Banking Studies, April 2010. University of Nevada, Reno, College of Business, Beta Gamma Sigma Researcher of the Year, 2001. University of Nevada Reno, Nominated, University Regents’ Teaching Award, 2000 University of Nevada, Reno, Beta Gamma Sigma Special Commendation Award for Outstanding Research, 1999 Florida State University, Nominated, Outstanding Teaching Assistant of the Year: 19921993. Florida State University, Honorable Mention, Charles Rockwood Graduate Teaching Award: 1993.

GRADUATE THESIS COMMITTEES Chair Davis, Adam. “The Elasticity of Demand for Marijuana.” May 2012. Colton, Benjamin, “The Full Moon Effect and the Efficiency of Point-Spread Betting in the NFL.” December 2009. Chandeni Gill, “Cost-Effectiveness of Permanent Housing for the Homeless.” May 2007 Mathew van de Berg, “Estimating the Growth and Variability of Gaming Tax Bases.” December 2006. Lindsay George, “Reno Public Marketplace: Market Potential.” December 2006 Fred Steinmann, “An Econometric Study of the Affect Regulatory Systems Have on State Gaming Tax Revenue.” August 2004

7 Mary Tabor Griswold, “Social Capital: A Tool to Predict the Effect of Gambling Upon Communities.” August 2004 Andy Asselin, “Hotel Market Segments and Their Impact on Revenue in a Hotel/Casino Environment”, May 1999 Committee Member Andrius Januska, “Exchange Traded Funds Pricing Inefficiencies,” Fall 2007 Umesh Thapa, “Hydro-Electric Generation in Nepal,” Fall 2007 Zishi Zhao, “Minimum Wage Legislation in China.” Summer 2007 Quingmao Hu, “Job Satisfaction Among Newspaper Journalists.” Spring 2005. William Swafford, “Estimating the Economic Effects of Legalized Casino Gambling in Singapore.” August, 2005 M. Zannini, “The Balanced Scorecard: Evolution to Long-Term Performance.” Aug., 03. Zhigang Lu, “Regional Disparity in China.”, April 2000 Selby Marks, “Path Dependence, Water Markets, and Institutional Change.” August, 2000. Aikaterine Vervilos, “Public Policy and New Casino Gaming Markets.” May, 1999

HONORS THESIS COMMITTEES Chair Kern Herron, “The Information Technology Gender Gap: An Investigation in Nevada and the West.” December 2010 James Schlesinger, “Indian Gaming Law and Sovereignty.” Spring 2004.

SELECTED SERVICE Service to Community Advisory Board Member, Children’s Cabinet, 2011-present. External Examiner, State of Nevada Economic Forum on Budget Forecasting, 2000present. Member, Fiscal Working Group, Truckee Meadows Regional Planning Authority, 20042006. Invited Speaker, Leadership Carson City, 1997-2000. University Service University Promotion and Tenure Committee, 2011-present. Chair, Department of Economics, 2007-2010 Core Social Science Sub Committee, 2009-present Graduate Director, Department of Economics, 2006-2008 Dean Search Committee, 2006-2007.

8 Economics Department Personnel Committee, 2001-2005, 2006 Economics Department Search Committee (Chair) 2001, 2004 College of Business Scholarship Committee, 2003-2007. College of Business Strategic Planning Committee, 2000-2001, 2003 Economics Department Curriculum Committee, 1997-2001 Economics Department Brainstorming Committee, 1998-2000 Gaming Management Oversight Committee, 1996-2000. Gaming Management Advisory Board, Continuing Education, 1997-2004 University Academic Standards Committee, 1997-1999 Dean’s Ad-Hoc Committee on Lower Division Business Core, 1998-1999 Economics Minor Advisor, 1998-2003 Economics Major Advisor, 2003-2006 Gaming Management Minor Advisor, 1998-2005.

Service to Profession Referee/Reviewer Journal of Economic Psychology, 2012 Journal of Supply Chain Management, 2009 Journal of Tourism Research, 2007 Journal of Regional Analysis and Policy, 2005 Journal of Socio-Economics, 2005, 2011 Public Finance Review, 2005, 2006 Journal of Economic Issues, 2004, 2005 Dividing the Spoils, States and the Gambling Industry, Columbia University Press, 2004. Journal of Economics Behavior and Organization 2002, 2003 Contemporary Economic Policy, 1999, 2000, 2001 Southern Economic Journal 1999 International Journal of the Economics of Business 1999 Leisure Industry Economics, 1999 Gambling with State Revenues: The Economics and Politics of Casino Gaming in America, 1999