FACULTY DIRECTORY
David Just
Associate Professor
Areas of Expertise
Risk and Uncertainty, Information, Behavioral Economics
Contact Information
16 Warren Hall • Phone: 607.255.2086
E-mail: drj3@cornell.edu
Professor Just's research interests center around the use of information, and more particularly, how differences in human capital and information availability affect decisions.
Some research questions addressed by his research include: Why do individuals and firms use the information they do? Do firms with greater informational resources take advantage of smaller firms? How do problems with information updating affect risk-averting behavior? How can economists' interpretations be tainted by ignoring issues of information? These concerns are of particular importance in agriculture, where firms of widely differing sizes compete in a market replete with profit risk.
Other areas of interest include the introduction of food psychology in the design of food assistance programs, product perception, and the impact of family interactions on purchasing behavior.
Education
Ph.D., University of California, Berkeley, 2001
M.S., University of California, Berkeley, 1999
B.A., Brigham Young University, 1998
Teaching
AEM 4110: Introduction to Econometrics
AEM 4140: Behavioral Economics and Managerial Decisions
AEM 6120: Applied Econometrics
AEM 6940: Mathematical and Statistical Methods for Applied Economics
AEM 7020: Applied Microeconomics II
AEM 7150: Applied Microeconomic Research I
AEM 7151: Applied Microeconomic Research II
Selected Publications
Just, David R. and Brian Wansink. “The Fixed Price Paradox: Conflicting Effects of 'All-You-Can-Eat' Pricing” Review of Economics and Statistics. Forthcoming.
Just, David R. and Hikaru Hanawa Peterson. “Is Expected Utility Applicable: A Revealed Preference Test.” American Journal of Agricultural Economics. Forthcoming.
Just, David R. “Calibrating the Wealth Effects of Decoupled Payments: Does Decreasing Absolute Risk Aversion Matter?” Annals of Econometrics (Special issue of the Journal of Econometrics). Forthcoming.
Just, Richard E. and David R. Just "Global Identification and Tractable Specification Possibilities for Risk Preference Estimation” Annals of Econometrics (Special issue of the Journal of Econometrics). Forthcoming.
Just, David R. and Collin R. Payne. “Obesity: Can Behavioral Economics Help?” Annals of Behavioral Medicine. Forthcoming.
Bogan, Vicki L. and David R. Just. “What Drives Merger Decision Making Behavior? Don't Seek Don't Find, and Don't Change Your Mind.” Journal of Economic Behavior and Organization. Forthcoming.
Just, David R. and Steven Y. Wu. “Experimental Economics and Contract Theory.” American Journal of Agricultural Economics Vol. 91 No. 5 (2009).
Roe, Brian and David R. Just. “Internal and External Validity in Economics Research: Tradeoffs between Experiments, Field Experiments, Natural Experiments and Field Data.” American Journal of Agricultural Economics Vol. 91 No. 5 (2009).
de Gorter, Harry and David R. Just. “The Economics of a Blend Mandate for Biofuels.” American Journal of Agricultural Economic Vol. 91, No. 3, (2009): 738 - 750.
Lybbert, Travis J. and David R. Just. “Risk Averters Who Love Risk? Marginal Risk Aversion in Comparison to a Reference Gamble.” American Journal of Agricultural Economics Vol 91, No. 3, (2009):612 - 626.
Wansink, Brian, David R. Just and Collin R. Payne. “Mindless Eating and Healthy Heuristics for the Irrational.” American Economic Review Vol. 99 No. 2 (2009):165 - 169.
Hoffman, Vivian E., Christopher B. Barrett and David R. Just. “Do Free Goods Stick to Poor Households? Experimental Evidence on Insecticide Treated Bednets.” World Development Vol. 37, No. 3, (2009): 607 - 617.
de Gorter, Harry and David R. Just. “The Welfare Economics of a Biofuel Tax Credit and the Interaction Effects with Price Contingent Farm Subsidies” American Journal of Agricultural Economics Vol. 91, No. 2. (2009):477 - 488.
de Gorter, H., David R. Just and Jaclyn D. Kropp. "Cross-subsidization due to Infra-Marginal Support in Agriculture: A General Theory and Empirical Evidence.” American Journal of Agricultural Economics Vol. 90 No. 2 (2008): 45 - 54
Lybbert, Travis, J. and David R. Just. “Is Risk Aversion Really Correlated with Wealth?” American Journal of Agricultural Economics Vol. 89 No. 4 (November 2007):964 - 979.
Just, David R. and Richard E. Just. “Information Exchange and Distributional Implications of Price Discrimination with Internet Marketing in Agriculture.” American Journal of Agricultural Economics Vol. 88 No. 4 (November 2006): 882 - 899.
Just, David R., and Hikaru Hanawa Peterson. “Diminishing Marginal Utility of Wealth and Calibration of Risk in Agriculture.” American Journal of Agricultural Economics Vol. 85, No 5 (December 2003): 1234 - 1241.
Just, David R., Steven Wolf, Steven Wu, and David Zilberman. “Consumption of Economic Information in Agriculture.” American Journal of Agricultural Economics Vol. 84, No. 1 (February 2002): 39 - 52.
Wolf, Steven, David R. Just, and David Zilberman. “Between Data and Decisions: The Organization of Agricultural Economic Information Systems.” Research Policy Vol. 30, No. 1 (January 2001): 121 - 141.
Professional Activities and Awards
- Board Member, Northeast Agricultural and Resource Economics Association
- Tellers Committee, American Agricultural Economics Association
- Honor Societies: Phi Kappa Phi, Golden Key, Alpha Lambda Delta, Phi Eta Sigma, Omicron Delta Epsilon
- Department of Economics valedictorian, Brigham Young University, 1998