Profile for Adam Hoffer

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Adam Hoffer

Associate Professor
University of Wisconsin-La Crosse

Specialty area(s)

Political Economy, Sports Economics, Behavioral Economics

Brief biography

Adam Hoffer is the Director of the Menard Family Initiative and an associate professor of economics at the University of Wisconsin – La Crosse. Dr. Hoffer is also the Bradley Freedom Fellow with the Wisconsin Institute for Law & Liberty.  Dr. Hoffer teaches undergraduate courses in microeconomics, sports economics, and political economy.  He earned his undergraduate degree from Washington & Jefferson College and his Ph.D. from West Virginia University. Dr. Hoffer is a senior editor with the Center for Growth and Opportunity at Utah State University and he is on the board of Policy Advisors of the Heartland Institute. Dr. Hoffer is also a research scholar with the Mercatus Center at George Mason University. He is the co-editor of the edited volumes For Your Own Good: Taxes, Paternalism, and Fiscal Discrimination in the Twenty-First Century and Regulation and Economic Opportunity: Blueprints for Reform.

Current courses at UWL

FYS 100 - First Year Seminar: Wealth, Happiness, and Foundations of the Modern Economy

ECO 320 - Sports Economics


Ph.D. Economics - 2012, West Virginia University
B.A. Economics - 2008, Washington & Jefferson College


Teaching history

ECO 110 - Microeconomics and Public Policy
ECO 320 - Sports Economics
ECO 321 - Modern Political Economy

Research and publishing


Editor and Author, “Regulation and Economic Opportunity: Blueprints for Reform,” (with Todd Nesbit). Center for Growth and Opportunity at Utah State University. January, 2022.

Editor and Author, “For Your Own Good: Paternalism, Taxes, and Fiscal Discrimination in the Twenty-First Century,” (with Todd Nesbit). Mercatus Center at George Mason University. January, 2018.




“A comparison of forecasting performance and systematic risk across different political environments.” (with Adam Stivers and Serkan Karadas) American Journal of Finance and Accounting. 6.3-4 (2021): 266-283.

“Economic Freedom and Migration: A Metro Area-Level Analysis.” (with Imran Arif, Dean Stansel, and Don Lacombe). Southern Economic Journal. 87(1), 170-190. 2020.

“Las Vegas Point Spread Values and Quantifying the Value of an NBA Player.” (with Jared Pincin). International Journal of Sports Finance. 15(3). 2020

“Expenditure Effects of the 2010 Washington Soda Tax.” (with Kate Sheehan). The Review of Regional Studies. 50(1), 127-141. 2020.

“Behavior when the Chips are Down: An Experimental Study of Wealth Effects and Exchange Media.” (with Adam Stivers, Ming Tsang, and Richard Deaves). Journal of Behavioral Finance. 27. 2020.

“Quantifying NFL Player Value with the Help of Vegas Point Spreads Values.” (with Jared Pincin). Journal of Sports Economics. 20(7), 959-974. 2019.

“Students’ grade expectations in principles of economics courses: How do they vary throughout the semester and what’s the impact of feedback?” (with Matthew C. Rousu, David Harris, Jill Kearns Hayter, Scott Houser, Katarina Keller, Becky Lafrancois, and Olugbenga Onafowora). Journal of Business, Economics and Technology. 22(1): 163-174. 2019.

“State Cigarette Taxes and Health Expenditures: Evidence from Dynamic Spatial Lag Panel Models.” (with Brad Humphreys and Jane Ruseki). Papers in Regional Science. 2: 925-50. 2019.

“Using Data and Research to Address Student Misconceptions” International Review of Economics Education. 31: 100156. 2019.

“Preference Policies: Perpetual Costs of Distributive Politics.” (with Russell Sobel). Journal of Public Finance and Public Choice. 33(2):183-96. 2018.

“Small-Business Financing after the Financial Crisis - Lessons from the Literature.” (with David Wille and Stephen Miller). Journal of Entrepreneurship and Public Policy. 2017, 6(3) 315-339.

“Teaching Corporate Finance using a Stock Trading Simulation: Student Expectations, Engagement, Performance, and Satisfaction.” (with Serkan Karadas). Journal of Economics and Finance Education, 16(2): 69-84. 2017

“Income-Expenditure Elasticities of Less Healthy Consumption Goods.” (with Michael Thomas, Rejeana Gvillo, and William Shughart II). Journal of Entrepreneurship and Public Policy, 6(1): 127-148. 2017.

“Using Fantasy Football to Teach Economics,” (with Kyle Collins). Perspectives on Economic Education Research. 19(1): 94-114. 2016

“Excise Tax Setting in a Dynamic Space-Time Framework.” (with Donald Lacombe), Public Finance Review, 45(5): 628 – 646. 2016.

“Exercising Willpower: Differences in Willpower Depletion among Athletes and Nonathletes.” (with Lisa Giddings), Contemporary Economic Policy, 34(3): 463-474. 2016

“Are Voters Rational on the Margin?: A Spatial Analysis of Voter Turnout in U.S. Presidential Elections.” Journal of Public Finance and Public Choice. 32(1): 45-57. 2014.

"Special Interest Spillover and Tobacco Taxation.” Contemporary Economic Policy. 34(1): 146-157. 2016.

“A Classroom Game to Teach the Principles of Money and Banking.” Cogent Economics and Finance. 3(1) 2015.  

“Rockonomix.” (with Kim Holder, Abdullah Al-Bahrani and Solina Lindahl). Journal of Economic Education, 46(3), 443. 2015.

 “Do Monetary Incentives Matter in Classroom Experiments? Effects on Game and Course Performance.” (with Matthew C. Rousu, Jay R. Corrigan, David Harris, Jill Hayter, Scott Houser, Becky A. Lafrancois, Olugbenga Onafowora, and Gregory Colson).  Journal of Economic Education. 46(3), 341-349. 2015.

 “Did You Say That Voting is Ridiculous?: Using South Park to Teach Public Choice.” (with George Crowley.) Journal of Private Enterprise. 30(3), 103-109. 2015. Winner of Best Pedagogical Note.

 “Trends in NCAA Athletic Spending Arms Race or Rising Tide?” (with Brad Humphreys, Donald Lacombe, and Jane Ruseki). Journal of Sports Economics. 16 (6): 576-596. 2015.

“The Effects of Revenue Changes on NCAA Athletic Departments' Expenditures.” (with Jared Pincin) Journal of Sport & Social Issues. 2015.

“The Effects of Conference Realignment on NCAA Athletic Departments.” (with Jared Pincin). Applied Economics Letters. 1-15. 2015.

“Fixing Fallacies.” Journal of Private Enterprise. 29(2):141-147. 2014.

“Sin Taxes and Sindustry: Revenue, Paternalism and Political Interest.” (with William Shughart II, and Michael Thomas). The Independent Review: A Journal of Political Economy. 19(1): 47-64. 2014.

“Does salary discrimination persist for foreign athletes in the NBA?” (with Ryan Freidel). Applied Economics Letters. 21:1, 1-5. 2014.

“The Political Economy of Tobacco Control Expenditures.” (with Adam Pellillo). Applied Economic Letters. 19:18, 1793-1797. 2012