Roger Koppl

Professor of Finance
Roger Koppl is Professor of Finance in the Whitman School of Management of Syracuse University and Associate Director of the Whitman School's Institute for an Entrepreneurial Society. Koppl has served on the faculty of the Copenhagen Business School, Auburn University, Fairleigh Dickinson University, and Auburn University at Montgomery. He has held visiting positions with New York University, George Mason University, University of Vaasa, and the Max Planck Institute of Economics. Professor Koppl is a past president of the Society for the Development of Austrian Economics and a former editor of Advances in Austrian Economics.

Koppl’s research interests include the economic theory of experts, the theory of economic growth, complexity theory, and the production and distribution of knowledge in society. His work on forensic science reform has been featured in Forbes magazine, The Washington Post, The Atlantic, Reason magazine, Slate, The Huffington Post, and other outlets. His work on expert failure has been featured in The Sunday Telegraph, The Times of Israel, Arab News, Il Sole 24 Ore, Arizona Daily, The Critic, Real Clear Policy, and other outlets.

Koppl's Erdös number is 3.
Ph.D., Economics, Auburn University
Koppl’s research interests include the economic theory of experts, the theory of economic growth, complexity theory, and the production and distribution of knowledge in society.


  • The Penrosean spinout: A new spin on the theory of the entrepreneurial firm

    Diaz, F., Minniti, M.


  • Public health and expert failure

    2023 Public Choice,195,101-124,

  • Against Expertism

    2021 Review of Behavioral Economics,8,3-4,361-377,

  • Scheall on the Epistemic Limits of Policy

    2021 Cosmos + Taxis,9,3-4,23-34,

  • Expert failure and pandemics: On adapting to life with pandemics

    2021 Cosmos + Taxis,9,5-6,7-17, Murphy, J., Devereaux, A., Goodman, N.

  • On the emergence of ecological and economic niches

    2020 Journal of Bioeconomics,22,2,99-127, Cazzolla Gatti, R., Fath, B., Kauffman, S., Hordijk, W., Ulanowicz, R.

  • Letter to the Editor: Do Court-Assessed Fees Induce Laboratory Contingency Bias in Crime Laboratories?

    2020 Journal of Forensic Sciences,65,5,1793-1794,

  • Response Paper (in "Symposium on Roger Koppl's Expert Failure")

    2019 Cosmos + Taxis,7,1-2,73-84,

  • Letter to the Editor: Reply to Biedermann and Gittelson

    2019 Science & justice; Formerly known as journal of the Forensic Science Society,59,4,467-469,

  • Leland Bennett Yeager: 1924–2018

    2019 Independent Review, The,23,3,435-442,

  • Strategic Choice in Linear Sequential Unmasking

    2019 Science & justice; Formerly known as journal of the Forensic Science Society,59,2,166-171,

  • Appropriate standards for verification and validation of probabilistic genotyping systems

    2018 Journal of Forensic Sciences,63,1,339-340, Adams, N., Krane, D., Thompson, W., Zabell, S.

  • Rules vs. discretion under computability constraints

    2017 4,1,32,

  • Still Against Design: A Response to Steven Calabresi, Sanford Levinson and Vernon Smith

    2016 Arizona State Law Journal ,48,1,241-248, Devins, C., Kauffman, S., Felin, T.

  • Do Observer Effects Matter? A Comment on Langenburg, Bochet, and Ford

    2015 Forensic Science Policy & Management: An International Journal,6,1-2,1-6, Charlton, D., Kornfield, I., Krane, D., Risinger, M., Robertson, C., Saks, M., Thompson, W.

  • Economics for a creative world: a response to comments

    2015 Journal of Institutional Economics,11,1 ,61-68, KAUFFMAN, S., FELIN, T., LONGO, G.

  • Economics for a creative world

    2015 Journal of Institutional Economics,11,1 ,1–31, KAUFFMAN, S., FELIN, T., LONGO, G.

  • Against Design

    2015 Arizona State Law Journal,47,3,609-681, Devins, C., Stuart, K., Teppo, F.

  • Economic Opportunity and Evolution: Beyond Landscapes and Bounded Rationality

    2014 Strategic Entrepreneurship Journal,8,4,269–282, Felin, T., Kauffman, S., Longo, G.

  • The Criminal Justice System Creates Incentives for False Convictions

    2013 Criminal Justice Ethics,32,2,126-162, Sacks, M.

  • Using procedural justice to understand, explain, and prevent decision-making errors in forensic sciences

    2013 Organization Management Journal,10,2,99-109, Behson, S.

  • Speaking of experts: An introduction to the volume

    2012 Advances in Austrian Economics,17,1-16, Koppl, R., Horwitz, S., Dobuzinskis, L.

  • Hayek, Keynes, and modern macroeconomics

    2012 25,3,223-241, Luther, W.

  • Leveraging Bias in Forensic Science

    2012 Fordham Urban Law Journal,39,37,

  • Experts and information choice

    2012 Advances in Austrian Economics,17,171-202, Koppl, R., Horwitz, S., Dobuzinskis, L.

  • Introduction to the Schutz Interview

    2011 Schutzian Research. A Yearbook of Lifeworldly Phenomenology and Qualitative Social Science,3,15–24, Augier, M.

  • Alfred Schutz Interview on Economics and Politics

    2011 Schutzian Research,3,15–24, Augier, M.

  • Against representative agent methodology

    2011 24,1,43-55,

  • Commentary on: Thornton JI. Letter to the editor-a rejection of "working blind" as a cure for contextual bias. J Forensic Sci 2010;55(6):1663

    2011 Journal of Forensic Sciences,56,2,562-563, Thompson, W., Ford, S., Gilder, J., Inman, K., Jamieson, A., Kornfield, I., Krane, D., Mnookin, J., Risinger, D., Rudin, N., Saks, M., Zabell, S.

  • An experimental study of blind proficiency tests in forensic science

    2011 24,3,251-271, Cowan, E.

  • Monetary policy regimes in macroeconomic data: An application of fractal analysis

    2011 Quarterly Review of Economics and Finance,51,2,201-211, Mulligan, R.

  • An economic perspective on “Unanalyzed evidence in law-enforcement agencies

    2010 CRIMINOLOGY & PUBLIC POLICY,9,2,411-419, Cowan, E.

  • Organization economics explains many forensic science errors

    2010 Journal of Institutional Economics,6,1,71-81,

  • Introduction: Regrettably exciting times

    2010 Advances in Austrian Economics,14,1-23,

  • A perspective on errors, bias, and interpretation in the forensic sciences and direction for continuing advancement

    2010 Journal of Forensic Sciences,55,1,273-274, Krane, D., Ford, S., Gilder, J., Inman, K., Jamieson, A., Kornfield, I., Michael Risinger, D., Rudin, N., Scott Taylor, M., Thompson, W.

  • Rational bias in forensic science

    2010 Law, Probability and Risk,9,1,69–90, Whitman, G.

  • The social construction of expertise

    2010 Society,47,3,220-226,

  • The Preaching Must Never Stop Remembering Larry Moss

    2010 69,1,58-63,

  • Some epistemological implications of economic complexity

    2010 International Journal of Economic Behavior and Organization,76,3,859-872,

  • A battle of forensic experts is not a race to the bottom

    2010 Review of Political Economy,22,2,235-262, Cowan, E.

  • Confessions of a neuro-Hayekian

    2010 Advances in Austrian Economics,13,391-397,

  • Evolutionary forensic psychology: Darwinian Foundations of Crime and Law

    2009 EVOLUTION AND HUMAN BEHAVIOR,30,5,377-379,

  • Time for DNA disclosure

    2009 Science,326,5960,1631-1632, Krane, D., Bahn, V., Balding, D., Barlow, B., Cash, H., Desportes, B., D’Eustachio, P., Devlin, K., Doom, T., Dror, I., Ford, S., Funk, C., Gilder, J., Hampikian, G., Inman, K., Jamieson, A., Kent, P., Kornfield, I., Krimsky, S., Mnookin, J., Mueller, L., Murphy, E., Paoletti, D., Petrov, D., Raymer, M., Risinger, D., Roth, A., Rudin, N., Shields, W., Siegel, J., Slatkin, M., Song, Y., Speed, T., Spiegelman, C., Sullivan, P., Swienton, A., Tarpey, T., Thompson, W., Ungvarsky, E., Zabell, S.

  • Authors' response

    2009 Journal of Forensic Sciences,54,2,501, Krane, D., Ford, S., Gilder, J., Inman, K., Jamieson, A., Kornfield, I., Michael Risinger, D., Rudin, N., Taylor, M., Thompson, W.

  • Comments on the review of low copy number testing

    2009 International Journal of Legal Medicine,123,6,535-536, Gilder, J., Kornfield, I., Krane, D., Mueller, L., Thompson, W.

  • Authors' response

    2009 Journal of Forensic Sciences,54,6,1500-1501, Krane, D., Ford, S., Gilder, J., Inman, K., Jamieson, A., Kornfield, I., Risinger, D., Rudin, N., Thompson, W., Taylor, M.

  • The New Interventionist Economics


  • Darwin, Darwinism and social Darwinism: What do we learn from Darwin's theory of social evolution?

    2009 International Journal of Economic Behavior and Organization,71,1,1-3, Marciano, A.

  • Epistemics for forensics

    2008 Episteme: A Journal of Social Epistemology,5,2, Kurzban, R., Kobilinsky, L.

  • Thinking impossible things: A review essay

    2008 Journal of Economic Behavior & Organization,66,3-4,837–847,

  • Introduction

    2008 Advances in Austrian Economics,11,1-6, Koppl, R.

  • Bayesian Bias in Forensics

    2008 Whitman, G.

  • Sequential unmasking: A means of minimizing observer effects in forensic DNA interpretation

    2008 Journal of Forensic Sciences,53,4,1006-1007, Krane, D., Ford, S., Gilder, J., Inman, K., Jamieson, A., Kornfield, I., Michael Risinger, D., Rudin, N., Taylor, M., Thompson, W.

  • Computable entrepreneurship

    2008 Entrepreneurship: Theory and Practice,32,5,919-926,

  • CSI for r eal


  • Breaking Up the Forensics Monopoly: Eight ways to fix a broken system

    2007 Reason,39,6,44,

  • Diversity and forensics: Diversity in hiring is not enough

    2007 Medicine, Science and the Law,47,2,117-124,

  • Austrian economics at the cutting edge

    2006 19,4,231-241,

  • Entrepreneurial behavior as a human universal

    2006 Entrepreneurship: The engine of growth,1,1–19,

  • Does The Sensory Order have a Useful Economic Future?

    2006 Advances in Austrian Economics,9,19-50, Butos, W., Krecke, E., Koppl, R.

  • 1 A zeal for truth

    2006 Money and markets: essays in honor of Leland B. Yeager,1,

  • Democratic Epistemics: An Experiment on Reducing errors in Forensic Science and Other Areas

    2006 Papers on Economics and Evolution,

  • Epistemic systems

    2006 Episteme: A Journal of Social Epistemology,2,02,91–106,

  • Bruce Caldwell, Hayek’s Challenge: An Intellectual Biography of FA Hayek, The University of Chicago Press, Chicago, London (2004) 489+ xi pp., index, US $55.00, ISBN 0-226-09191-0

    2006 Journal of Economic Behavior & Organization,59,2,287–291,

  • How to improve forensic science

    2005 European Journal of Law and Economics,20,3,255-286,

  • 5 Big Players and money demand

    2005 Modern applications of Austrian thought,68,95, Gilanshah, C.


    2004 Friedrich A. Hayek,4,213, Butos, W.


    2004 Advances in Austrian Economics,7,1-16,

  • Rational-choice hermeneutics

    2004 International Journal of Economic Behavior and Organization,55,3,295-317, Whitman, D.

  • Keynes and Hayek on expectations

    2004 Friedrich A. Hayek,3,2,107, Butos, W.

  • Carabelli & De Vecchi on Keynes and Hayek

    2004 Review of Political Economy,16,2,239-247, Butos, W.

  • 11 Big players in the ‘new economy’

    2004 Markets, information and communication: Austrian perspectives on the Internet economy,231, Sarjanovic, I.

  • Bounded Rationality: The Adaptive Toolbox: Gerd Gigerenzer, Reinhard Selten (Eds.), The MIT Press, Cambridge, MA, London, UK, 2001, 377+ xv pp., index, ISBN 0-262-57164-1, $26.00

    2004 Journal of Economic Behavior & Organization,53,3,431–434,

  • Science as a spontaneous order: An essay in the economics of science

    2003 The Evolution of Scientific Knowledge,189–208, Butos, W.

  • Big Players in Slovenia

    2003 16,2-3,253-269, Mramor, D.


    2003 Advances in Austrian Economics,6,1-7,

  • What is alertness?

    2002 Journal des Économistes et des Études Humaines,12,1,2,

  • Random Walk Hypothesis Testing and the Compass Rose

    2002 Finance Research Letters,2,1,14–17, Tuluca, S.

  • All that I have to Say has already Crossed your Mind

    2002 Metroeconomica,53,4,339–360, Rosser, Jr, B., others

  • Symposium on Ekkehart Schlicht’s on custom in the economy (Oxford: Clarendon Press, 1998)

    2002 American Journal of Economics and Sociology,61,2,505–594, Mäki, U., Moss, L., BLAUG, M., VROMEN, J., KLAES, M., ANTONIDES, G., GROENEWEGEN, J., KRUG, B., WAGNER, R., others

  • Custom and rules

    2002 American Journal of Economics and Sociology,61,2,531-537,

  • Confidence in Keynes and Hayek: reply to Burczak

    2001 Review of Political Economy,13,1,81–86, Butos, W.

  • Organizations and language games

    2001 Journal of Management and Governance,5,3-4,287-305, Langlois, R.

  • The angular distribution of asset returns in delay space

    2001 Discrete Dynamics in Nature and Society,6,2,101–120, Nardone, C.

  • Introduction

    2001 Review of Austrian Economics, The,14,2,111–117, Boettke, P.

  • Alfred schütz and george shackle: Two views of choice

    2001 14,2-3,181-191,

  • Alchemies of the Mind: Jon Elster, Cambridge University Press, Cambridge, UK, 1999, 450+ xii pp., Index, ISBN 0-521-64279-5, US $59.95

    2001 Journal of Economic Behavior & Organization,45,3,332–335,

  • Embeddedness, Organizations, and Language Games

    2000 Paper for, Langlois, R.

  • Fritz Machlup and Behavioralism

    2000 Industrial and Corporate Change,9,4,595-622,

  • Remembrance and appreciation roundtable professor Ludwig m. Lachmann (1906-1990): scholar, teacher, and Austrian school critic of late classical formalism in economics

    2000 American Journal of Economics and Sociology,59,3, Boehm, S., Kirzner, I., Lavoie, D.

  • Policy implications of complexity: An Austrian perspective

    2000 The Complexity Vision and the Teaching of Economics,97–117,

  • Teaching complexity: an austrian approach

    2000 The Complexity Vision and the Teaching of Economics,

  • Explaining Volatility Dynamics: The Case of the Russian Ruble

    1999 Managerial Finance,25,1,49–63, Broussard, J.

  • Hayek and Kirzner at the Keynesian beauty contest

    1999 Journal des Économistes et des Études Humaines,9,2-3,257–276, Butos, W.

  • Apriorism and dualism

    1999 Advances in Austrian Economics,5,159–179,

  • Big players and the Russian rouble: explaining volatility dynamics

    1999 Managerial Finance,25,1,49–63, Paul Broussard, J.

  • Big players and entrepreneurial activity: Keynesian policies and the Kaleidic economy

    1999 Journal des Économistes et des Études Humaines, Butos, W.

  • The unintended consequences of entrepreneurship

    1999 Journal des Économistes et des Études Humaines,9,4, Minniti, M.

  • Expectations: Results from a Program in Subjectivist Economics’

    1999 Fairleigh Dickinson University,

  • Lachmann on the subjectivism of active minds

    1998 Subjectivism and Economic Analysis: Essays in Memory of Ludwig Lachmann, New York and London: Routledge,

  • It is high time take our ignorance more seriously

    1997 International Review of Financial Analysis,5,3,259–272,

  • Mises and Schutz on ideal types

    1997 Cultural Dynamics,9,1,63-76,

  • The Angular Distribution of Asset Returns in Delay Space

    1997 Fairleigh Dickinson University, Madison, Department of Economics and Finance, working paper, February, Nardone, C.

  • Complex bubble persistence in closed-end country funds

    1997 International Journal of Economic Behavior and Organization,32,1,19-37, Ahmed, E., Rosser, Jr., J., White, M.

  • The Varieties of Subjectivism: Keynes and Hayek on Expectations

    1997 History of Political Economy,29,2,327-359, Butos, W.

  • Review of Uskali M‰ ki, Bo Gustafsson, and Christian Knudsen, editors, Rationality, Institutions and Economic Methodology

    1997 Emerald Group Publishing Limited,

  • persistence in closed-end country funds Alexander, PJ, Product variety and market structure: A new measure and a simple test Allen, DS, A multi-sector inventory model

    1997 Journal of Economic Behavior & Organization,32,625–627, Ahmed, E., Rosser, Jr, J., White, M., others

  • It is high time we take our ignorance more seriously

    1996 International Review of Financial Analysis,5,3,259-272,

  • The philosophy of the Austrian school: London, Routledge, 1993

    1996 Advances in Austrian Economics,3,239–242,

  • Man has fallen and he can’t get up: An essay on postmodernism and advertising

    1996 Advertising and culture: Theoretical perspectives,75–84,

  • Big players and herding in asset markets: The case of the Russian ruble

    1996 Explorations in Economic History,33,3,367-383, Yeager, L.

  • The Walras Paradox

    1995 Eastern Economic Journal,43–55,

  • Lachmann on Schütz and Shackle

    1994 Advances in Austrian Economics,1,289–301,

  • 29 ‘Invisible hand’explanations

    1994 The Elgar Companion to Austrian Economics,192,

  • 10 Ideal type methodology in economics

    1994 The Elgar Companion to Austrian Economics,72,

  • When do ideas matter? A study in the natural selection of social games

    1994 Advances in Austrian Economics,1,81–104, Langlois, R.

  • Hayekian expectations: Theory and empirical applications

    1993 Constitutional Political Economy,4,3,303-329, Butos, W.

  • Invisible-hand explanations and neoclassical economics: toward a post marginalist economics

    1992 Journal of Institutional and Theoretical Economics (JITE),292–313,

  • Price theory as physics: The Cartesian influence on Walras

    1992 Methodus,4,17–28,

  • What is the public interest?

    1992 Business Ethics and Common Sense,

  • Reply [Retrospectives: Animal Spirits]

    1992 Journal of Economic Perspectives,6,3,211–12,

  • Retrospectives: animal spirits

    1991 Journal of Economic Perspectives,5,3,203–210,

  • Fritz Machlup and marginalism: a reevaluation

    1991 Methodus,3,2,86–102, Langlois, R.

  • On democracy and capitalism: Reflections on Gerhard Wegner’s historical analysis

    Journal of Contextual Economics (Schmollers Jahrbuch),forthcoming,

  • Emergence of autocatalytic sets in a simple model of technological evolution

    Journal of Evolutionary Economics, Hordijk, W., Kauffman, S.

  • Jan 01, 2016

    Elinor Ostrom Prize

    World Interdisciplinary Network for Institutional Research
  • Jan 01, 2015

    Special recognition of my proposal "Cross-lab Redundancy in Forensic Science," submitted to Pioneer's 2015 Better Government Competition.

    Pioneer Institute
  • Jan 01, 2011

    Received - Templeton Freedom Award

    National Center for Policy Analysis
  • Former state lab worker breaks silence on Nick Clavier case: ‘I still carry a lot of guilt’

    July 18, 2023 6 News, Richmond
  • Trust Us

    December 01, 2022 Pacific Legal Foundation
  • Senator Markey takes a dive

    December 01, 2022 Liberty Fund, Inc.
  • The Biden administration’s latest online speech plan is as Orwellian as the last

    July 09, 2022 The Hill
  • Biden’s Ministry of Truth paints America’s new face

    May 16, 2022 Arab News
  • Mind your manners, America, or the truth squad will step in

    May 05, 2022 The Hill
  • Biden Establishes a Ministry of Truth

    May 02, 2022 Wall Street Journal
  • Society Advances One Dead Economist at a Time with Roger Koppl

    August 21, 2021 All Power To The Imagination
  • Narrow and unbalanced Sage leaves the Government in a lockdown bind

    July 18, 2021 The Sunday Telegraph
  • The Scientific Experts Have Failed – Terminate their Tyranny

    February 16, 2021 The Times of Israel
  • Robinhood and Redditors: Who's robbin' who?

    February 02, 2021 EconLib
  • Expert Failure: Time to Dismantle the “Public Health” Police State

    December 02, 2020 Arizona Daily Independent
  • We need a market for expert advice, and competition among experts

    November 03, 2020 IEA UK
  • The government and its experts aren't asking themselves the right questions before they restrict our fundamental freedoms

    September 30, 2020 The House
  • Q2 2020 Hedge Fund Holdings: Top Stocks, New Buys & More

    August 27, 2020 Wallet Hub
  • People Are Right to Be Skeptical of Experts. That's Why We Need More of Them.

    July 29, 2020 RealClearPolicy
  • Mother Nature Isn't Human Nature: A Wicked Problem

    May 14, 2020 EconLib
  • The fallen state of experts

    May 08, 2020 The Critic
  • Pandemics and the Problem of Expert Failure (cont.)

    April 02, 2020 EconLib
  • Pandemics and the Problem of Expert Failure (continued)

    March 31, 2020
  • Pandemics and the Problem of Expert Failure

    March 30, 2020
  • Value expertise but fear expert power and monopoly (guest: Roger Koppl)

    December 10, 2019 Heartland Institute
  • Roger Koppl: Expert Failure

    September 05, 2019 This Is Not a Pipe Podcast
  • How do we improve forensics?

    August 26, 2019 Washington Post
  • How Do We Reconcile Law Science?

    August 06, 2019 Washington Post
  • How much should juries rely on expert testimony?

    July 16, 2019 Washington Post
  • We need to fix forensics. But how?

    June 20, 2019 Washington Post
  • Flawed forensics, 20,000 wrongful convictions and government's culpability

    June 18, 2019 Heartland Institute
  • Il Populismo Ereditato Dalla Crisi Degli Esperti

    October 05, 2018 Il Sole 24 Ore
  • Q2 2018 Hedge Fund Holdings: Top Stocks, New Buys & More

    August 30, 2018 WalletHub
  • We Need to Talk About Bess

    July 23, 2018 History Today