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  • Douglas A. Houston

Douglas A. Houston

Professor Emeritus
Primary office:


Academic Areas

Decision Sciences, Business Economics and Finance


  • Energy markets
  • Environmental policies
  • Political economy

Current Activities

A fair amount of my work now involves the activities of the "FEDS" (Finance, Economics, and Decision Sciences), of which I am Area Director. I continue to teach primarily economics courses and the School's one course in "political economy." I am quite interested in "behavioral economics" and the affects that evolutionary psychology and neurosciences are playing in informing economics. Things are far less "black box" in economics these days. That stories economists tell are messier, but also far more realistic and interesting.


  • Ph.D., Indiana University
  • Master's, Indiana University
  • B.A. in Economics, Union College

Selected Publications

  • "Can Corruption Ever Improve an Economy?" Cato Journal (Fall 2007, Vol. 27, no. 3) forthcoming.
  • "Can the Internet Promote Open Global Societies?" The Independent Review, (Winter, 2003, Vol. 3), pp. 353-369.
  • "Trust in the Networked Economy: Doing Business on Web Time," Business Horizons, March-April 2001. Houston, Douglas A.
  • "Demand-Side Management Expenditures and the Market Value of U.S. Electric Utilities," in Deregulation of Electric Utilities, edited by Georges Zaccour. Kluwer Academic Publishers: Norwell, MA, 1998. Houston, Douglas A.

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Our Finance Scholars travel to Wall Street every year
Students in Applied Portfolio Management class manage a fund valued at $1 million
Business students get hands-on experience valuing and analyzing investments
Top 20 undergraduate accounting program —Bloomberg Businessweek
One of 34 U.S. public institutions in the prestigious Association of American Universities
44 nationally ranked graduate programs.
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Top 50 nationwide for size of library collection.
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