Daniel Arce

UT System Regents' Outstanding Teacher
Ashbel Smith Professor of Economics
Program Head of Economics
Tags: Economics

Professional Preparation

University of Illinois at Urbana-Champaign - 1992
Universidad de los Andes - 1986
M.A. - Economics
Western Michigan University - 1985
B.A - Mathematics and Spanish
Olivet College - 1984
- Foreign Study
Centro de Estudios Univeristarios Colombo-Americano - 1983

Research Areas

Research Interests
Daniel Arce is an applied game theorist whose research interests include business ethics, collective action, conflict, counterterrorism, global public goods and terrorism. He has also extensively studied Latin American economies.


Giving Voice to Values in Economics and Finance, Journal of Business Ethics Education, 8: 343-347. 2011 - Publication
Terrorism Experiments, with Rachel Croson and Catherine Eckel, Journal of Peace  Research 48(3) 373-382 2011 - Publication
Economics, Ethics and the Dilemma in the Prisoner’s Dilemmas, The American  Economist 55(1) 49-57. 2010 - Publication
Corporate Virtue: Motives for Whistle Blowing and the Proportionality of Punishment  for Violators, European Journal of Political Economy 26: 363-371. 2010 - Publication
Terrorist Spectaculars: Backlash Attacks and the Focus of Intelligence, with Todd  Sandler, Journal of Conflict Resolution 54(2) 354-373.  2010 - Publication
Strategic Analysis of Terrorism, with Todd Sandler, in N. Memon et al (eds) Mathematical Methods in Counterterrorism, Wien: Springer-Verlag, 2009, pp.333-348. 2009 - Publication
Fitting In: Group Effects and the Evolution of Fundamentalism, with Todd Sandler, Journal of Policy Modeling, 31(5) 739-757. 2009 - Publication
Fitting In: Group Effects and the Evolution of Fundamentalism, with Todd Sandler,  Journal of Policy Modeling, 31(5) 739-757.  2009 - Publication
Deterrence: Credibility and Proportionality, with Todd Sandler, Economics and Politics. 2009 - Publication
Transnational Terrorism (Copenhagen Consensus 2008 Challenge Paper), with Walter Enders and Todd Sandler, in Bjorn Lomborg (ed) Global Crises, Global Solutions, 2nd edition, Cambridge: Cambridge University Press, 2009, pp.516-562. 2009 - Publication


Associate Editor
Southern Economic Journal [2006–Present]
Editorial Board
Defence and Peace Economics [2006–Present]
EMBA Faculty
A.B. Freeman School of Business, Tulane University [2003–Present]
Institutional Dimensions of Global Environmental Change (IDGEC) [2003–2005]
Thomas Fellow of Teaching Excellence
University of Alabama, Tuscaloosa [2000–2000]
Robert D. McCallum Distinguished Professor
Rhodes College, Memphis, TN [2000–Present]
Invited Professor
Universidad de San Andres, Buenos Aires, Argentina [1998–1998]
Associate Professor
University of Alabama, Tuscaloosa [1997–2000]
Visiting Professor
Pontificia Universidad Catolica [1995–1995]
Assistant Professor of Economics
University of Alabama, Tuscaloosa [1991–1997]

Additional Information

  • Research on terrorism was featured in The Economist, Feel Safer Now?, March 6, 2008.
  • Excellence in Executive Education, Class of 2007 Award, A.B. Freeman School of Business, Tulane University.
  • Deans Award for Faculty Research and Creative Activity (highest faculty award), Rhodes College, 2005.
  • Excellence in Executive Education, Class of 2005 Award, A.B. Freeman School of Business, Tulane University.
  • Alumni Achievement Award, College of Arts & Sciences, Western Michigan University, 2004.
  • Thomas 4-year Teaching Fellow ($16,000), College of Commerce and Business Administration, University of Alabama.
  • My course on Latin American Development (taught in Spanish) was featured in The Wall Street Journal.
  • University of Illinois List of Instructors Rated Excellent by Their Students, spring 1991, fall 1990, spring 1990, spring 1989, fall 1988.
  • DeMearest Award for Outstanding Undergraduate Teaching, College of Commerce, University of Illinois, 1991.
  • College of Commerce Graduate Fellowship, University of Illinois, 1986-87, 1987-88.
  • Floyd W. Moore Graduate Award in Economics, Western Michigan University, 1985.
  • Senior Prize in Foreign Language, Olivet College, 1984.
  • Senior Prize in Mathematics, Olivet College, 1984.
  • Wolfgang Meider Foreign Language Scholarship, Olivet College, 1982-84.
  • Program Head, Economics, University of Texas at Dallas. The Department has 13 full-time faculty members, approximately 200 majors, and offers both an MA and PhD in Economics.
  • Chair, Faculty Executive Committee, Rhodes College. I was elected as the social sciences representative to this committee, which meets biweekly with the Dean of the College on matters of policy (including the faculty issues of budget formation and departmental applications for new lines). During my tenure we moved from a 3:3 to a 3:2 teaching load. We also re-wrote the faculty handbook, including the colleges standards for promotion and tenure, and faculty evaluation for purposes of remuneration. During the 2003-06 I was Chair of the Committee and was Secretary during 2002-03.
  • Chair, Provost/Vice President of Academic Affairs Search Committee, Rhodes College, 2005-06. Duties: assist President in interviewing and selecting a search consultant; create ad and extended job description; vet candidate applications; interview candidates references; conduct airport interviews of semi-finalists; coordinate and conduct campus interviews of finalists.
  • Chair, Task Force on Collegiate Licensing and Labor Code of Conduct, University of Alabama. The Task Force was charged with proposing a labor code of conduct for the production of its licensed apparel and selection of an independent enforcement body to monitor adherence to the code. I wrote the University of Alabamas labor code of conduct and was the Universitys representative on this issue for television, radio, and newspaper interviews.
  • Chair, Recruiting Committee, Rhodes College 2001-02 (microeconomics), 2002-03 (statistics), 2005-06 (microeconomics). I was also on four recruiting committees at the University of Alabama.

American Economic Review; American Journal of Political Science; American Political Science Review; BioSystems; British Journal of Political Science; Canadian Journal of Latin American and Caribbean Studies; Cambridge University Press; Contemporary Economic Policy; Defence & Peace Economics; Environmental and Development Economics; Economics Bulletin; European Journal of Political Economy; Games and Economic Behavior; Geneva Papers on Risk and Insurance (Theory); Global Environmental Politics; Global Governance; International Review of Financial Analysis; International Studies Perspectives; International Studies Quarterly; Journal of Conflict Resolution; Journal of Environmental Economics and Management; Journal of Evolutionary Economics; Journal of Institutional and Theoretical Economics; Journal of InterAmerican Studies and World Affairs; Journal of Interval Computations; Journal of Latin American Perspectives; Journal of Peace Research; Journal of Policy Analysis and Management; Journal of Post Keynesian Economics; Journal of Public Economics; Journal of Public Economic Theory; Journal of Risk and Insurance; Journal of Terrorism and Political Violence; Kluwer Academic Publishers; Latin American Research Review; Managerial and Decision Economics; MIT University Press; Mathematical Social Sciences; National Science Foundation; Oxford University Press; Public Finance Review; Quarterly Journal of Economics and Finance; RAND Journal of Economics; Rationality and Society; Resource & Energy Economics; Risk Analysis; Review of International Economics; Social Choice and Welfare; Scandinavian Journal of Economics; Southern Economic Journal; Studies in Comparative International Development; United Nations Development Programme.

News Articles

Professor Lauded for Making Classroom Experience Feel Personal
UT Dallas professor Dr. Daniel Arce is known for his high standards and high-caliber teaching in some of the program’s largest classes. Dr. Denis Dean, dean of the School of Economic, Political and Policy Sciences, said the logistics of big classes often are tough for teachers, but Arce excels in the situation. “His students learn the subjects; their performance in subsequent classes proves that,” Dean said. “And despite the fact that he holds their feet to the fire and holds them to high standards, his students enjoy his classes – the teaching evaluations prove that. Not many faculty members could pull off that combination of results.”
Longtime UT Dallas Professor Named Head of Economics Program
The School of Economic, Political and Policy Sciences (EPPS) has appointed Dr. Daniel Arce to be head of the economics program, succeeding Dr. James Murdoch.

Arce is a professor of economics and has been a UT Dallas faculty member for seven years.
Dr. Denis Dean, dean of EPPS, said Arce will continue the economic program's trend of excellent leadership.
“He works well with students, faculty and staff, and has the vision necessary to keep the program on track and moving forward,” Dean said. “Dann will contribute not only to the economics program, but to the whole school as well.“
Study Doesn't Connect WikiLeaks List to Any Terrorist Attacks
The WikiLeaks organization was criticized for providing a target list for terrorists when it published a secret memo in 2010 with 200 international sites that the U.S. Department of State considered critical to national security.

Was there any truth to that claim?

Dr. Daniel G. Arce, Ashbel Smith Professor and program head of economics in the UT Dallas School of Economic, Political and Policy Sciences, wanted to find out. In a new study published in the International Journal of Critical Infrastructure Protection, he found no evidence that the leak led to any attacks.
Study Provides Fuller Picture of the Human Cost from Terrorist Attacks
Terrorist attacks injure far more people than they kill, leaving victims with lost limbs, hearing loss, respiratory disease, depression and other issues. But little research has measured the impact of that damage beyond the number of people who are hurt.
New research from The University of Texas at Dallas provides a more complete picture of the suffering caused by terrorist attacks. The study, published in the journal Public Choice, estimates the number of years of healthy life — years free of the injuries or disabilities caused by terrorist attacks — that victims lost due to injuries.
The study was led by Dr. Daniel G. Arce, Ashbel Smith Professor and program head of economics in the School of Economic, Political and Policy Sciences.