Janet Thomas

Janet Thomas

  • Professor Emeritus, Economics
  • Director, Framingham State University Foundation, Inc.
  • Ph.D. Boston College
  • M.A. Boston College
  • Office: Morison Hall - 114 | 781.891.2053 | jthomas@bentley.edu
  • Department Phone: 781.891.2053 | Department Fax: 781.891.2896

Teaching Interests

Intermediate Price Theory; Environmental Economics and Management; Industrial Organization and Markets; Principles of Economics

Research Interests

Applied Microeconomics; Environmental Economics and Management; Corporate Social Responsibility; CEO Compensation; Industrial Organization and Markets; Sports Economics; Cost Analysis;

Consulting/Practice Interests

Environmental Economics; Corporate Social Responsibility; Cost Analysis; Price and Nonprice Competitive Strategies

Bio

Has researched actively in applied microeconomics, corporate social responsibility, executive compensation, environmental economics, and sports economics. Teaching fields have included intermediate price theory and environmental economics. Publications have appeared in journals such as Land Economics, the Southern Economic Journal, The Review of Industrial Organization, and the Journal of Sports Economics. Is the co-author of Environmental Economics and Management, a textbook for undergraduate and MBA students, now in its 6th edition. Is the recipient of the Faculty Member of the Year Award (1991), Adamian Award for Teaching Excellence (1993), the Scholar of the Year Award (1996), and the Outstanding Scholarly Contribution Award (2005).

Professional Links

Professional Memberships

  • American Economic Association Present
  • Committee on the Status of Women in the Economics Profession Present
  • John Coolidge Shaw Society, Boston College Present

    • Awards and Honors

  • 2009, Bentley University Publication Award
  • 2008, Bentley University Publication Award
  • 2008, RFP Award
  • 2007, Bentley University Publication Award
  • 2006, Bentley College Publication Award
  • 2006, Enterprise Risk Management Grant
  • 2005, Outstanding Scholarly Contribution Award
  • 2004, Bentley College Publication Award
  • 2001, Bentley College Publication Award
  • 2000, Bentley College Publication Award
  • 1999, Bentley College Publication Award
  • 1998, Henry E. Rauch Faculty Enrichment Grant
  • 1997, Bentley College Publication Award
  • 1997, Bentley College Scholar of the Year
  • 1996, Bentley College Publication Award
  • 1995, Nominee for CASE Professor of the Year Award, Carnegie Foundation
  • 1994, Bentley College Publication Award
  • 1994, Nominee for CASE Teaching Professor of the Year, Carnegie Foundation
  • 1993, Adamian Award for Excellence in Teaching, Bentley University
  • 1993, Bentley College Integrative Initiatives Grant
  • 1993, Bentley College Publication Award
  • 1992, Bentley College Publication Award
  • 1991, Student Government Association Faculty Member of the Year
  • 1990, Bentley College Institute Fellowship
  • 1990, Bentley College Publication Award
  • 1989, Bentley College Publication Award
  • 1987, Teaching Excellence Award, Boston College Graduate School of Arts and Sciences
  • 1987, Teaching Excellence Award, Boston College Graduate School of Arts and Sciences, Boston College
  • 1986, Teaching Excellence Award, Boston College Graduate School of Arts and Sciences, Boston College
  • 1984, Omicron Delta Epsilon Honor Society

    • Publications

    Journal Articles

  • Callan, S. J., Thomas, J. M. (2014). Coaching Efficiency and Team Performance: An Examination of Texas High School Football . The Sport Journal. 17/4 10. (Link)
  • Callan, S. J., Thomas, J. M. (2014). "Relating CEO Compensation to Social Performance and Financial Performance: Does the Measure of Compensation Matter?" . Corporate Social Responsibility and Environmental Management, (21) 4 202-227. (Link)
  • Thomas, J. M., Callan, S. J. (2011). "Executive Compensation, Corporate Social Responsibility, and Corporate Financial Performance: A Multi-Equation Framework.". Corporate Social Responsibility and Environmental Management, (18) 6 332-351. (Link)
  • Thomas, J. M., Callan, S. J. (2009). Corporate Financial Performance and Corporate Social Performance: An Update and Reinvestigation. Corporate Social Responsibility and Environmental Management, (16) 2 61-78.
  • Thomas, J. M., Callan, S. J. (2008). Pay and Performance: An Examination of Texas High School Football Coaches. The Sport Journal, (11) 4
  • Thomas, J. M., Callan, S. J. (2007). Modeling the Determinants of a Professional Golfer's Tournament Earnings: A Multi-Equation Approach. Journal of Sports Economics, (8) 4 394-411. (Link)
  • Thomas, J. M., Callan, S. J. (2006). Analyzing Demand for Disposal and Recycling Services: A Systems Approach. Eastern Economic Journal, (32) 2 221-40.
  • Thomas, J. M., Callan, S. J. (2006). Gender, Skill, and Performance in Amateur Golf: An Examination of NCAA Division I Golfers. The Sport Journal, (9) 3
  • Thomas, J. M., Callan, S. J. (2004). Determinants of Success among Amateur Golfers: An Examination of NCAA Division I Male Golfers. The Sport Journal, (7) 3 1-12.
  • Thomas, J. M., Callan, S. J. (2001). Economies of Scale and Scope: A Cost Analysis of Municipal Solid Waste Services. Land Economics, (77) 4 548-60. (Link)
  • Thomas, J. M., Callan, S. J. (1999). Adopting a Unit Pricing System for Municipal Solid Waste: Policy and Socio-Economic Determinants. Environmental and Resource Economics, (14) 4 503-18. (Link)
  • Thomas, J. M., Callan, S. J. (1997). The Impact of State and Local Policies on the Recycling Effort. Eastern Economic Journal, (23) 4 411-23. (Link)
  • Thomas, J. M. (1994). On Modeling Product Heterogeneity in Empirical Specifications: The Formulation and Testing of A Product Quality Index. Applied Economics, (26) 65-72. (Link)
  • Thomas, J. M., Santerre, R. E. (1993). The Determinants of Hospital CEO Compensation. Health Care Management Review, (18) 3 31-40.
  • Thomas, J. M. (1993). The Implicit Market for Service Quality: An Hedonic Analysis. Southern Economic Journal, (59) 4 648-74.
  • Thomas, J. M., Callan, S. J. (1992). An Analysis of Production Cost Inefficiency. The Review of Industrial Organization, (7) 2 203-26.
  • Thomas, J. M., Callan, S. J. (1992). Cost Analysis of Specialized Motor Carriers: An Investigation of Specification and Aggregation Bias. The Logistics and Transportation Review, (28) 3 217-30.
  • Thomas, J. M., Callan, S. J. (1992). Cost Differentials Among Household Goods Carriers: Network Effects, Operating Characteristics, and Shipment Composition. Journal of Transport Economics and Policy, (26) 1 19-34.
  • Thomas, J. M. (1990). Quality Competition and Regulatory Reform: New Evidence on the Impact of the Household Goods Transportation Act of 1980. Transportation Journal, (29) 4 42-51.
  • Thomas, J. M. (1989). An Empirical Investigation of Product Differentiation and Pricing Strategy: An Application to The Household Goods Motor Carrier Industry. Southern Economic Journal, (56) 1 64-79.
  • Thomas, J. M., Callan, S. J. (1989). Constant Returns to Scale in the Post Deregulatory Period: The Case of Specialized Motor Carriers. The Logistics and Transportation Review, (25) 3 271-88.

    Books

  • Thomas, J. M., Callan, S. J. (2013). Environmental Economics and Management: Theory, Policy, and Applications, 6e. (forthcoming).. Mason, OH: South-Western, Cengage Learning (Link) Forthcoming.
  • Thomas, J. M., Callan, S. J. (2011). Resources and Learning Tools in Environmental Economics, 2nd edition. 2ndMason, OH: South-Western, a part of Cengage Learning
  • Thomas, J. M., Callan, S. J. (2010). Environmental Economics and Management: Theory, Policy, and Applications. 5th edition. 5th 540. Mason, OH: South-Western, part of Cengage Learning (Link)
  • Thomas, J. M., Callan, S. J. (2008). Resources and Learning Tools in Environmental Economics. 250. Mason, OH: Thomson South-Western
  • Thomas, J. M., Callan, S. J. (2007). Environmental Economics and Management: Theory, Policy, and Applications. 4th edition. 4th 454. Mason, OH: Thomson South Western (Link)
  • Thomas, J. M., Callan, S. J. (2004). Environmental Economics and Management: Theory, Policy, and Applications. 3rd edition. 3rd 585. Mason, OH: South-Western College Publishing (Link)
  • Thomas, J. M., Callan, S. J. (2000). Environmental Economics and Management: Theory, Policy, and Applications. 2nd edition. 2nd 708. Fort Worth, TX: The Dryden Press
  • Thomas, J. M., Callan, S. J. (1996). Environmental Economics and Management: Theory, Policy, and Applications. 725. Chicago, IL: Irwin McGraw-Hill

    • Book Chapters

  • Callan, S. J., Thomas, J. M. (2014). "Municipal Solid Waste." In Timothy Haab and John C. Whitehead, (Eds.) Environmental and Natural Resource Economics: An Encyclopedia. Santa Barbara, CA: ABC-CLIO
  • Thomas, J. M., Callan, S. J. (2003). The Impact of State and Local Policies on the Recycling Effort In Thomas C. Kinnaman, (Eds.) The Economics of Residential Solid Waste Management.. Hampshire, UK: Ashgate Publishing Forthcoming.
  • Thomas, J. M., Callan, S. J. (2002). From Dust till Dawn: Environmental Quality and New York City’s Post-9/11 Economic Recovery In , (Eds.) 9/11: Economic Viewpoints. Mason, OH: South-Western College Publishing
  • Thomas, J. M. (1995). Student Population and Rental Housing In Ralph T. Byrns and Gerald W. Stone, (Eds.) Great Ideas for Teaching Economics, 4th, 5th, and 6th editions. Scott, Foresman and Company
  • Thomas, J. M. (1995). Tuition Increases and the Role of Expectations In Ralph T. Byrns and Gerald W. Stone, (Eds.) Great Ideas for Teaching Economics. Scott, Foresman and Company

    • Book Reviews

  • Thomas, J. M. (1994). [Review of the book A Review of Studies in Economic Rationality: X-Efficiency Examined and Extolled ]. Review of Industrial Organization, (9) 1

    • Conference Proceedings

  • Thomas, J. M. (1990). Empirical Modeling of Product Differentiation Northeast Business and Economics Association, (Annual Conference of Northeast Business and Economics Association)
  • Thomas, J. M.Callan, S. J. (1989). Cost Conditions in the Post-Deregulatory Period; The Case of Household Goods Motor Carriers Northeast Business and Economics Association, (Annual Conference of Northeast Business and Economics Association )

    • Conference Papers

  • Callan, S. J., Thomas, J. M. (1996). The Impact of State and Local Policies on Recycling Effort: An Application to Massachusetts’ Cities and TownsWestern Economic Association International, Annual Conference of the Western Economic Association International.
  • Callan, S. J., Thomas, J. M. (1991). Production Cost Inefficiencies in Transportation Economics: A Measurement and AnalysisWestern Economic Association International, Annual Conference of the Western Economic Association International.
  • Callan, S. J., Thomas, J. M. (1990). An Analysis of Motor Carrier Institutional Cost Differentials; Network Effects, Operating Characteristics, and Shipment CompositionSouthern Economic Association, Annual Conference of the Southern Economic Association.
  • Thomas, J. M. (1988). Product Heterogeneity in Firm Behavioral Models: The Formulation and Testing of A Product Quality IndexEastern Economic Association, Annual Conference of the Eastern Economic Association.

    • Other(s)

  • Thomas, J. M. (2013). Chapter-by-Chapter PowerPoint Slides to Accompany Environmental Economics and Management. (forthcoming)South-Western, Cengage Learning. Forthcoming.
  • Thomas, J. M., Callan, S. J. (2013). Instructor's Manual to Accompany Environmental Economics and Management. (forthcoming).South-Western, Cengage Learning. Forthcoming.
  • Thomas, J. M., Callan, S. J. (2010). Instructor's Resource CD-ROM to accompany Environmental Economics and Management: Theory, Policy, and ApplicationsSouth-Western, part of Cengage Learning.
  • Thomas, J. M., Callan, S. J. (2010). Instructor's Resource CD-ROM to accompany Environmental Economics and Management: Theory, Policy, and ApplicationsSouth-Western, part of Cengage Learning.
  • Thomas, J. M., Callan, S. J. (2009). Economica Ambiental: Aplicacoes, Politicas, e TeoriaSouth-Western, part of Cengage Learning. 556. (Link)
  • Thomas, J. M. (2007). Chapter-by-Chapter PowerPoint Slides to Accompany Environmental Economics and Management: Theory, Policy, and Applications. Mason, OH: Thomson South-WesternSouth-Western, a part of Cengage Learning.
  • Thomas, J. M., Callan, S. J. (2007). Instructor's Manual to Accompany Environmental Economics and Management, 4th editionThomson South-Western. 75.
  • Thomas, J. M., Callan, S. J. (2006). Chinese Translation of Environmental Economics and Management: Theory, Policy, and ApplicationsTsinghua University Press. 585.
  • Thomas, J. M., Callan, S. J. (2004). Instructor's Manual to Accompany Environmental Economics and Management, 3rd editionSouth-Western College Publishing. 60.
  • Thomas, J. M., Callan, S. J. (1999). Japanese translation edition of Environmental Economics and Management: Theory, Policy, and Applications, 1st EditionFood and Agriculture Policy Research Center. 905.
  • Thomas, J. M. (1987). Interfirm Rivalry-Price versus Quality: The Household Goods Motor Carrier Industry.

    • Presentations

  • Callan, S. J., Thomas, J. M. (1996). “The Impact of State and Local Policies on Recycling Effort: An Application to Massachusetts’ Cities and Towns” Presented at the Western Economic Association International Annual Conference of the Western Economic Association International San Francisco, CA
  • Callan, S. J., Thomas, J. M. (1991). “Production Cost Inefficiencies in Transportation Economics: A Measurement and Analysis” Presented at the Western Economic Association International Annual Conference of the Western Economic Association International Seattle, WA
  • Thomas, J. M. (1990). “Empirical Modeling of Product Differentiation” Presented at the Northeast Business and Economics Association Annual Conference of Northeast Business and Economics Association Newport, RI
  • Callan, S. J., Thomas, J. M. (1990). “An Analysis of Motor Carrier Institutional Cost Differentials; Network Effects, Operating Characteristics, and Shipment Composition” Presented at the Southern Economic Association Annual Conference of the Southern Economic Association New Orleans, LA
  • Thomas, J. M., Callan, S. J. (1989). “Cost Conditions in the Post-Deregulatory Period; The Case of Household Goods Motor Carriers” Presented at the Northeast Business and Economics Association Annual Conference of Northeast Business and Economics Association Providence, RI
  • Thomas, J. M. (1988). “Product Heterogeneity in Firm Behavioral Models: The Formulation and Testing of A Product Quality Index” Presented at the Eastern Economic Association Annual Conference of the Eastern Economic Association Boston, MA

    • Service

    Department Service

  • Department Annual Report and Letter of Support (Promotion) 2011 - 2011
  • Attendee for Omicron Delta Epsilon - 2011
  • Mentor (Faculty) for Peer Evaluator - 2010
  • Committee Member for Complex Problems, Creative Solutions (CPCS) Committee 2009 - 2010
  • Committee Member for Principles Committee 2009 - 2010
  • Task Force Member for Sustainability Report - 2009
  • Committee Member for Program Review Committee 2008 - 2009
  • Principal Advisor to Tenure-Track Faculty for Primary Evaluator 2007 - 2008
  • Committee Member for Strategic Planning Committee 2007 - 2008
  • Committee Member for Graduate Curriculum Committee 2006 - 2007
  • Principal Advisor to Tenure-Track Faculty for Primary Evaluator 2005 - 2006
  • Committee Member for Scholarly Activities Committee 2003 - 2006
  • Committee Member for Graduate Committee 2002 - 2003
  • Committee Member for Committee on the Economics-Finance Lab 2000 - 2001
  • Committee Chair for Curriculum Committee 2000 - 2001
  • Committee Member for Graduate Committee 2000 - 2000
  • Committee Member for Curriculum Committee 1997 - 2000
  • Principal Advisor to Tenure-Track Faculty for 1998 - 1999
  • Committee Member for Graduate Program Review Committee 1997 - 1998
  • Task Force Member for Department Curriculum Task Force 1996 - 1997
  • Program Coordinator for B.S. in Business Economics Degree Program 1987 - 1997
  • Committee Member for Recruiting Committee 1993 - 1994
  • Committee Member for Graduate Curriculum Committee 1991 - 1993
  • Committee Chair for Curriculum Committee 1987 - 1991

    • University Service

  • Mentorship Program 2007 - Present
  • Mentor (Faculty) for Honors Program 2003 - Present
  • Faculty Associate for Enterprise Risk Management (ERM) Program - 2012
  • Attendee for Convocation - 2011
  • Invited Panelist for Wilder Panel - 2010
  • Task Force Member for MBA Concentration Task Force 2006 - 2007
  • Mentor (Faculty) for Master Teacher for Teaching and Learning Initiative 2004 - 2005
  • Task Force Member for Research Advisory Committee 2002 - 2003
  • Committee Member for Search Committee for Dean of Business 2001 - 2002
  • Task Force Member for Teaching Group for MS GFA and MS in Corporate Finance 2000 - 2001
  • Task Force Member for MS in Global Financial Analysis Committee 1999 - 2000
  • Committee Member for Teaching Activities Committee 1996 - 1999
  • Committee Member for MBA Program Development Team 1998 - 1998
  • Program Coordinator for MBA-Environmental Management Concentration Program 1997 - 1998
  • Committee Member for Presidential Search Committee 1996 - 1997
  • Committee Member for Faculty Evaluation Procedures Committee 1993 - 1995
  • Committee Member for AACSB Chapter Committee -- Instructional Resources and Responsibilities 1993 - 1994
  • Course Coordinator for Certificate in Environmental Program in SCPS 1993 - 1994
  • Task Force Member for Curriculum Study Task Force: Working Group on the Environment 1993 - 1994
  • Task Force Member for SCPS Environmental Task Force Committee 1993 - 1994
  • Committee Member for Board of Trustees Committee for Institutional Planning 1991 - 1993
  • Guest Speaker for Bentley College Open House 1992 - 1992
  • Task Force Member for Course Development Group for Certificate in Environmental Management Program in SCPS 1992 - 1992
  • Task Force Member for MBA 601/602 Task Force 1992 - 1992
  • Task Force Member for Core Development Group for CBK Task Force 1991 - 1992
  • Guest Speaker for Majors Dinner 1991 - 1991
  • Guest Speaker for New Faculty Orientation 1991 - 1991
  • Guest Speaker for Parents' Orientation 1991 - 1991
  • University Senate for Faculty Executive Council (FEC) 1990 - 1991
  • Committee Member for Committee for Review of General Education Core Curriculum 1987 - 1987

    • Professional Service

  • Reviewer, Journal Article for Journal of Business Ethics - 2010
  • Reviewer, Journal Article for Journal of Sports Economics 2007 - 2010
  • Reviewer, Book for Routledge: Taylor & Francis Group - 2010
  • Reviewer, Grant Proposal for Central Michigan University - 2010
  • Reviewer, Book for Routledge Economics, Taylor and Francis Group, UK - 2009
  • Economics Undergraduate Program Reviewer for Framingham State College - 2008
  • Reviewer, Journal Article for Journal of Environmental Economics and Management - 2008
  • Reviewer, Journal Article for Review of Industrial Organization - 2008
  • Reviewer, Book for Pearson Prentice-Hall - 2007
  • Reviewer, Textbook for Addison-Wesley Longman, Inc. 2001 - 2007
  • Reviewer, Journal Article for Journal of Environmental Management - 2006
  • Reviewer for Promotion Candidacy for Bucknell University - 2005
  • Reviewer, Journal Article for Environmental and Resource Economics - 2002
  • Reviewer, Ad Hoc Reviewer for McGraw-Hilll Irwin - 2001
  • Reviewer, Book for W. W. Norton and Company, Inc. - 2001
  • Reviewer, Journal Article for Social Science Quarterly - 2000
  • Reviewer, Journal Article for International Yearbook of Environmental and Resource Economics - 1999
  • Reviewer, Journal Article for Eastern Economic Journal - 1997
  • Reviewer, Journal Article for Logistics and Transportation Review - 1994
  • Reviewer, Journal Article for Southern Economic Journal 1993 - 1994