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As a broadly trained economist, I understand the basic postulates of human behavior that drive markets, motivate consumers, and induce the actions of suppliers, competitors and employees.  As your economics consultant, I consider these postulates in designing theoretical models and empirical analysis tools that can answer any number of questions about the nature of your business.  Are your employees overpaid?  Will it be beneficial to enter a new market?  What is the nature of competition in your industry?  What does the future hold for your industry and the economy as a whole?

Sample Project: Motor-Carrier Best Practice Analysis
I have recently been performing an economic analysis for the U.S. Department of Transportation. Using survey data on the best practices of the safest carriers in the motor-carrier industry, I am determining which safety practices produce the greatest benefit to overall safety performance.  The results will be used to assist new entrants into the motor-carrier industry to develop safety programs that will ensure excellent safety performance.

 

William C. Horrace, Ph.D.
fax: (315) 663-3021, email: bill@horrace.com
Member of the Professional & Technical Consultants Association