Faculty and Instructors

Wisconsin School of Business

Donald (Don) Hausch

Associate Dean for Evening and Executive MBA Programs

Professor - Operations & Information Management, Bolz Center for Arts Administration, Office of the Dean
Dickson-Bascom Professor of Business

Donald B. Hausch is the Dickson-Bascom Professor in the Management and Human Resources Department of the Wisconsin School of Business. His main area of interest is managerial economics.

His research has explored the game-theoretic analysis of auctions and competitive bidding, with a special focus on information acquired prior to and discerned through the auction process itself. He also has researched bankruptcy reorganization and financial restructuring through negotiations and security design, the design of contracts and their ability to achieve efficient trade outcomes, and an empirical investigation of market inefficiency.

Hausch has co-authored two books and two edited volumes, and written numerous articles that have been published in the American Economic Review, Review of Financial Studies, International Economic Review, Management Science, Journal of Business, Journal of Applied Corporate Finance, Economic Theory, RAND Journal of Economics, and other journals. He was an associate editor of Management Science for 10 year. He has consulted for the World Bank on the resolution of systemic financial distress, and he received a Vilas Research Award from the University of Wisconsin-Madison.

Hausch teaches the managerial economics course in the full-time MBA core program, the Evening MBA, and the Executive MBA. He has also taught advanced masters/Ph.D. courses on economics of organization and on game theory. He served four years as the director of the Executive MBA program and three years as Associate Dean for the MBA program. He was awarded the Jerred Service Award from the Wisconsin School of Business.

His Ph.D. is from Northwestern University’s J.L. Kellogg Graduate School of Management in managerial economics and decision sciences.
 

Selected Accepted Journal Articles


Hausch, D., Ziemba, W., & Lo, V. (2008). Preface to: Efficiency of Racetrack Betting Markets (2008 Edition).

Selected Published Journal Articles


Hausch, D., & Ramachandran, S. (2009). Systemic Financial Distress and Auction-Based Bankruptcy Reorganization. International Review of Economics & Finance (18), 366-380.
Bain, R., Hausch, D., & Ziemba, W. (2006). An Application of Expert Information to Win Betting on the Kentucky Derby 1981-2005. European Journal of Finance (12), 283-301.
Gale, I., Hausch, D., & Stegeman, M. (2000). Sequential Procurement with Subcontracting. International Economic Review (41), 989-1020.
Hausch, D., & Che, Y. (1999). Cooperative Investments and the Value of Contracting. American Economic Review (89), 125-147.
Hausch, D., & Gale, I. (1994). Bottom-Fishing and Declining Prices in Sequential Auctions. Games and Economic Behavior (7), 318-331.
Hausch, D., & Seward, J. (1993). Signaling with Dividends and Share Repurchases: A Choice Between Deterministic and Stochastic Cash Disbursements. Review of Financial Studies (6), 121-154.
Hausch, D., & Li, L. (1993). A Common Value Auction Model with Endogenous Entry and Information Acquisition. Economic Theory (3), 315-334.
Hausch, D., Dennis, L., & Seward, J. (1992). Dutch Auction Share Repruchases. Journal of Applied Corporate Finance, 44-49.
Hausch, D., & Ziemba, W. (1990). Locks at the Racetrack. Interfaces (20), 41-48.
Hausch, D., & Ziemba, W. (1990). Arbitrage Strategies for Cross Track Betting on Major Horseraces. Journal of Business (63), 61-78.
Hausch, D. (1988). A Model of Sequential Auctions. Economics Letters (26), 227-233.
Hausch, D. (1987). An Asymmetric Common Value Auction Model. Rand Journal of Economics (18), 611-621.
Hausch, D., & Ziemba, W. (1985). Transaction Costs, Market Inefficiencies and Entries in a Racetrack Betting Model. Management Science (31), 381-394.
Hausch, D. (1985). Multi-Object Auctions: Sequential vs. Simultaneous Sales. Management Science (32), 1599-1610.
Hausch, D., & Ziemba, W. (1983). Bounds on the Value of Information in Uncertain Decision Problems II. Journal of Stochastics (10), 181-217.
Hausch, D., Ziemba, W., & Rubinstein, M. (1981). Efficiency of the Market for Racetrack Betting. Management Science (27), 1435-1452.

Presentations


Rays of Reseach
Buy Now or Buy Later

American Accounting Assocation Auditing Section Midyear Conference
Audit-Client Bid-Seeking Behavior: Modeling Private Negotiation versus Auctions

Conference on Corporate Debt Management
Systemic Financial Distress and Auction-Based Bankruptcy Reorganization

DePaul Business School Research Seminar
An Application of Expert Information to Win Betting on the Kentucky Derby, 1981-2000

Fuqua School Research Seminar
An Application of Expert Information to Win Betting on the Kentucky Derby, 1981-2000

Fuqua School Research Seminar
Systemic Financial Distress and Auction-Based Reorganization

Conference on The Asian Crisis: II
Systemic Financial Distress and Auction-Based Reorganization

Editorial Boards


American Economic Review, 2010 - Since January 0001
Ad Hoc Reviewer

Economics Letters, 2010 - Since January 0001
Ad Hoc Reviewer

Small Business Economics: An Entrepreneurial Journal, 2010 - Since January 0001
Ad Hoc Reviewer

Photograph of Donald Hausch

Donald (Don) Hausch

Associate Dean for Evening and Executive MBA Programs
 
Professor | Operations & Information Management, Bolz Center for Arts Administration, Office of the Dean
Dickson-Bascom Professor of Business
(608) 262-2535
5249 Grainger Hall