Vita
Jim Vander Weide
Professor
CONTACT INFORMATION
3606 Stoneybrook Drive
Durham, NC  27705
Tel. 919.383.6659
jim.vanderweide@duke.edu
EDUCATION
B.A. Economics, Cornell University, 1966 
Ph.D. Finance, Northwestern University, 1974
PERSONAL
Born Chicago. Married with five children. 
PROFESSIONAL
Faculty member of the Fuqua School of Business at Duke since January 1972.

President of Financial Strategy Associates, a firm that provides strategic and financial consulting services to clients in the electric, gas, insurance, telecommunications, and water industries.

TEACHING EXPERIENCE
Corporate Finance 
Management of Financial Institutions 
Capital Markets and Portfolio Analysis 
Managerial Economics 
Long-term Financial Management 
Operations Research 
Statistics 
Utility Pricing 
Corporate Strategy 
Valuation 
Cash Management 
Mergers and Acquisitions 
Management Simulation
EXECUTIVE EDUCATION

Initiated a 3-day program on Cash Management which helped Duke to gain a national reputation in the business community in the area of Cash management. The program also generated significant income for Duke and introduced many bankers to Duke and to Duke students. 

Designed and launched the four-week Advanced Management Program which has been recognized by Brickers as one of the top general management programs in the country.

Designed and launched a five-day program, Competitive Strategies in Telecommunications. 

Designed a four-week program, Duke Executive Program in Telecommunications, which focused on the strategic management problems of the telecommunications industry. This program attracted participants from all segments of the telecommunications industry. 

Designed and teaches a three-day conference on the Cost of Capital which has attracted participants from utilities and insurance companies throughout the country. 

Designed and initiated a three-week program for Russian managers, Program for Manager Development Commonwealth of Independent States (formerly the Soviet Union), the first executive program in the United States designed exclusively for managers from the former Soviet Union. The program was originally funded by a grant from J. B. Fuqua. 

Designed and teaches in many executive programs at Duke, including: The Program for Manager Development, Program for Corporate Counsel, Managerial Finance Program, Fisons Management Development Program, Equifax Executive Leadership Program, Management of Financial Resources for Telecommunications, Duke General Management Program for Mid-Sized Companies, Duke Marketing Management Program, Duke American Group of CPA Firms, Bank Executive Program, Dynamics of Competitive Advantage. 

Designed and teaches in tailored executive programs for ABB, Allstate, Ameritech, AT&T, Bell Atlantic, BellSouth, Carolina Power & Light, Contel, Fisons, Glaxo Wellcome, GTE, Lafarge, MidAmerican Energy, Norfolk Southern, Pacific Bell Telephone, The Rank Group, Siemens, Southern New England Telephone, TRW, and Wolseley Plc.

CONSULTING

Dr. Vander Weide has provided financial and economic consulting services to firms in the electric, gas, insurance, telecommunications, and water industries for 25 years. As an expert witness, he has testified on the cost of capital, risk, incentive regulation, pricing, depreciation, accounting, and other financial and economic issues in some 300 proceedings before the U.S. Congress, the Federal Communications Commission, the Federal Energy Regulatory Commission, the National Telecommunications and Information Administration, the public service commissions of 39 states, and the insurance commissions of five states. He has consulted widely on issues related to deregulation of the telecommunications and electric industries. With respect to implementation of the Telecommunications Act of 1996, he has testified in 26 states on issues relating to the pricing of unbundled network elements and universal service cost studies and has consulted with Bell Canada, Deutsche Telekom, and Telefónica on similar issues. Dr. Vander Weide has provided consulting and expert witness testimony to numerous clients including:

Telecommunications Companies

ALLTEL and its subsidiaries
Ameritech 
AT&T 
Bell Atlantic and its subsidiaries 
Bell Canada and its subsidiaries 
BellSouth and its subsidiaries 
Centel and its subsidiaries 
Cincinnati Bell 
Citizens Telephone Company 
Concord Telephone Company 
Contel and its subsidiaries 
Deutsche Telekom
GTE Corporation and its subsidiaries 
Heins Telephone Company 
Minnesota Independent Equal Access Corporation 
NYNEX and its subsidiaries 
Pacific Telesis and its subsidiaries 
Roseville Telephone Company 
SBC Communications 
Southern New England Telephone 
Sprint/United 
Telefonica
U.S. West 
Union Telephone Company 
Woodbury Telephone Company 
Water, Electric and Gas
American Water Works Service Company 
Carolina Power and Light 
Central Illinois Public Service Company 
Consolidated Natural Gas and its subsidiaries 
Interstate Power Company 
Iowa-Illinois Gas and Electric 
Iowa Southern 
Kentucky Power Company 
Midwest Resources and its subsidiaries 
New Century Energies 
Nevada Power Company 
North Carolina Natural Gas 
North Shore Gas 
Northern Illinois Gas Company 
PG&E
PacifiCorp 
Peoples Energy and its subsidiaries 
The Peoples Gas, Light and Coke Co. 
Public Service Company of North Carolina 
Public Service of Colorado 
PSE&G
Sempra Energy
Southern Company
South Carolina Electric and Gas 
Southwestern Public Service 
United Cities Gas Company 
Insurance
Allstate
USAA
North Carolina Rate Bureau
Travelers
CURRENT RESEARCH INTERESTS
Corporate Finance 
Investments 
Financial Planning 
Competition and Regulation 
Cost of Capital 
Regulatory Economics 
Competitive Strategy 
Theory of Public Utility Pricing 
Capital Markets 
Valuation 
Telecommunications Pricing 
Economics of the Universal Service Fund
PUBLICATIONS

"The Lock-Box Location Problem: a Practical Reformulation," Journal of Bank Research, Summer, 1974, pp. 92C96 (with S. Maier). Reprinted in Management Science in Banking, edited by K. J. Cohen and S. E. Gibson, Warren, Gorham and Lamont, 1978. 

"A Finite Horizon Dynamic Programming Approach to the Telephone Cable Layout Problem," Conference Record, 1976 International Conference on Communications (with S. Maier and C. Lam). 

"A Note on the Optimal Investment Policy of the Regulated Firm," Atlantic Economic Journal, Fall, 1976 (with D. Peterson). 

"A Unified Location Model for Cash Disbursements and Lock-Box Collections," Journal of Bank Research, Summer, 1976 (with S. Maier). Reprinted in Management Science in Banking, edited by K. J. Cohen and S. E. Gibson, Warren Gorham and Lamont, 1978. Also reprinted in Readings on the Management of Working Capital, edited by K. V. Smith, West Publishing Company, 1979. 

"Capital Budgeting in the Decentralized Firm,' Management Science, Vol 23, No. 4, December 1976, pp. 433C443 (with S. Maier). 

"A Monte Carlo Investigation of Characteristics of Optimal Geometric Mean Portfolios," Journal of Financial and Quantitative Analysis, June, 1977, pp. 215C233 (with S. Maier and D. Peterson). 

"A Strategy which Maximizes the Geometric Mean Return on Portfolio Investments," Management Science, June, 1977, Vol 23, No. 10, pp. 1117C1123 (with S. Maier and D. Peterson). 

"A Decision Analysis Approach to the Computer Lease-Purchase Decision," Computers and Operations Research, Vol. 4, No. 3, September, 1977, pp. 167C172 (with S. Maier). 

"A Practical Approach to Short-run Financial Planning," Financial Management, Winter, 1978 (with S. Maier). Reprinted in Readings on the Management of Working Capital, edited by K. V. Smith, West Publishing Company, 1979. 

"Effectiveness of Regulation in the Electric Utility Industry,' Journal of Economics and Business, May, 1979 (with F. Tapon). 

"On the Decentralized Capital Budgeting Problem Under Uncertainty," Management Science, September 1979 (with B. Obel). 

"Expectations Data and the Predictive Value of Interim Reporting: A Comment," Journal of Accounting Research, Spring 1980 (with L. D. Brown, J. S. Hughes, and M. S. Rozeff). 

"Deregulation and Oligopolistic Price-Quality Rivalry," American Economic Review, March 1981 (with J. Zalkind). 

"Incentive Considerations in the Reporting of Leveraged Leases," Journal of Bank Research, April 1982 (with J. S. Hughes). 

"Forecasting Disbursement Float," Financial Management, Spring 1981 (with S. Maier and D. Robinson). 

"Recent Developments in Management Science in Banking," Management Science, October 1981 (with K. Cohen and S. Maier). 

"General Telephone's Experience with a Short-run Financial Planning Model," Cash Management Forum, June 1980, Vol. 6, No. 1 (with J. Austin and S. Maier). 

"An Empirical Bayes Estimate of Market Risk," Management Science, July 1982 (with S. Maier and D. Peterson). 

"The Bond Scheduling Problem of the Multi-subsidiary Holding Company," Management Science, July 1982 (with K. Baker). 

"A Decision-Support System for Managing a Short-term Financial Instrument Portfolio," Journal of Cash Management, March 1982 (with S. Maier). 

"Deregulation and Locational Rents in Banking: a Comment," Journal of Bank Research, Summer 1983. 

"What Lockbox and Disbursement Models Really Do," Journal of Finance, May 1983 (with S. Maier). 

"Measuring Investors' Growth Expectations: the Analysts versus Historical Growth Extrapolation," The Journal of Portfolio Management, Spring 1988 (with W. Carleton). 

"Financial Management in the Short Run," Handbook of Modern Finance, edited by Dennis Logue, published by Warren, Gorham, & Lamont, Inc., New York, 1984. 

Managing Corporate Liquidity: an Introduction to Working Capital Management, John Wiley and Sons, 1984 (with S. Maier).