James M. Carson
Risk Management and Insurance Program

Daniel P. Amos Distinguished Professor in Insurance

A424 Moore-Rooker Hall
610 S. Lumpkin St.
Athens, GA, 30602
Phone Numbers
Email Address


PhD, Risk Management and Insurance, University of Georgia, 1993

MA, Finance, Ins, University of Nebraska-Lincoln, 1989

BSBA, Finance, Ins, University of Nebraska-Lincoln, 1986

Prior Professional Positions

Florida State University, Midyette Eminent Scholar, 2001 to 2011

Illinois State University, Katie Research Professor, 1993 to 2001


American Risk and Insurance Association, President, 2004 – 2005, Professional

Western Risk and Insurance Association, President, 2000 – 2001, Professional

Selected Publications

Journal Articles

  • Carson, James M., Cameron Ellis, Robert E. Hoyt, Krzysztof Ostaszewski, 2020. Sunk Costs and Screening: Two-Part Tariffs in Life Insurance. Journal of Risk and Insurance. 87(3):689-718.
  • Carson, James M. Evan M. Eastman, and David L. Eckles. 2018. Ratings: It's Accrual WorldJournal of Risk and Insurance, 85:787-809
  • Eriksen, Michael D. and James M. Carson. 2017. A Burning Question: Does Arson Increase When House Prices Decline? Journal of Risk and Insurance, 84:7-34
  • James M. Carson, Robert E. Hoyt, and Tim R. Samples. 2017. Dead or Alive: The Law, Policy, and Market Effects of Legislation on Unclaimed Life Insurance Policy BenefitsNotre Dame Journal Of Law, Ethics & Public Policy, 31:1-28
  • Zeng, Xudong, Yuling Wang, and James M. Carson. 2015Dynamic Portfolio Choice with Stochastic Wage and Life InsuranceNorth American Actuarial Journal19(4):256-272
  • Cole, Cassandra, Stephen G. Fier, James M. Carson, and Demetra Andrews. 2015The Impact of Insurer Name Changes on the Demand for InsuranceJournal of Risk and Insurance
  • Carson, James M., Kathleen A. McCullough, and David Pooser. 2013Deciding Whether to Invest in Mitigation Measures: Evidence from FloridaJournal of Risk and Insurance80:309-327
  • Mao, Hong, James M. Carson, Krzysztof Ostaszewski, and Zhongkai Wen. 2013Optimal Decision on Dynamic Insurance Price and Investment Portfolio of an InsurerInsurance: Mathematics and Economics52:359-369.
  • Fier, Stephen G., Kathleen McCullough, and James M. Carson. 2013Internal Capital Markets and the Partial Adjustment of LeverageJournal of Banking & Finance37:35-57
  • Liebenberg, Andre, James M. Carson, and Randy E. Dumm. 2012A Dynamic Analysis of the Demand for Life InsuranceJournal of Risk and Insurance79:619-644
  • Liebenberg, Andre P., James M. Carson, and Robert E. Hoyt. 2010The Demand for Life Insurance Policy LoansJournal of Risk and Insurance77:651-666
  • Carson, James M., Elyas Elyasiani, and Iqbal Mansur. 2008Market Risk, Interest Rate Sensitivity, and Interdependency in Insurer Stock Returns: A System-GARCH ModelJournal of Risk and Insurance75:873-891
  • Brewer, Elijah, James M. Carson, Elyas Elyasiani, Iqbal Mansur, and William Scott. 2007Interest Rate Risk and Equity Values of Life Insurance Companies: a GARCH-M ModelJournal of Risk and Insurance74:401-423.