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Research and Extension Seminars

Upcoming Seminars
Food Stamps, Food Insufficiency and Health of the Elderly
Speaker: Pimbucha Rusmevichientong, Cornell Univ.
Date: Oct. 17
Time: 11:45am-1:00pm
Place: Warren 101
Abstract: A primary goal of the Food Stamp Program (FSP), the universal nation-wide welfare program for the poor and near poor, is to improve the well-being of elderly Americans. The overarching objective of this study is to determine whether and how elderly health status is affected by FSP participation, food insufficiency and other determinants. To carry out this goal, we first construct a theoretical framework to ascertain why so few eligible elderly households participate in the FSP, and how food intake affects health status. In addition, the model examines the main determinants of food insufficiency and how FSP participation and food insufficiency are linked to each other and then to health status. The data utilized in this study are a subset of the Health and Retirement Survey (HRS) from the year 2002. State-specific FSP criteria are used to determine the eligibility of elderly households in the sample. The method used to examine these linkages is a two-step econometric model. In the first step, a simultaneous multivariate Probit model of endogenous FSP participation and food insufficiency equations is estimated. Based on these results, we calculate predicted probabilities of FSP participation and food insufficiency for use in Step Two. In Step Two, an Ordered Probit of health status is estimated as a function of the predicted FSP participation and predicted food insecurity, controlling for other determinants of health status. The estimating procedure extends the Murphy and Topel's (1985) standard error correction method to the case of two predicted explanatory variables. After correcting the standard errors, some coefficients lose their significance indicating the importance of the standard error correction procedure. Specifically, the coefficient of the probability of FSP participation on elderly health switches from being statistically significant to insignificant after the correction. Conversely, even with the correction, being food insufficient significantly worsen health status. The results suggest that FSP net benefits, though increasing food purchasing power, are inadequate to help elderly to achieve the minimum threshold of food intake that could significantly improve health status.
DVR Advertising Targeting
Speaker: Yiting Deng, Fuqua School of Business, Duke Univ.
Date: Oct. 22
Time: 12:30pm
Place: Warren 401
Abstract: Television (TV) is the predominant advertising medium, and recent technological advances such as digital video recorders (DVRs) have the potential to transform this industry by enabling householdspecific advertising. Since exposure to TV represents a substantial share of consumer time and attention, this potential to micro-target communications represents an enormous opportunity for the TV advertising market. This paper outlines an approach to facilitate the micro-targeting of TV advertising. We employ a unique dataset, integrating TV program and advertisement viewing at the household level with purchase data, to address the question of how advertisers can achieve better advertising targeting in the DVR context. Based on this dataset, we first develop a model of household TV viewing behavior. The viewing model comprises three integrated components: TV show sampling and watching, TV show recording, and advertising viewing. All three components are motivated by the theoretical concept of flow utility, that is, the moment-by-moment enjoyment a household derives from different activities: watching a TV show, watching a TV advertisement, and other non-TV activities. This model has strong out-of-sample prediction power on show choices and time spent on each selected show. We then link household advertising exposure with purchase. Finally, the viewing model and identified advertising-sales relationship are utilized to conduct counterfactual policy experiments on advertising targeting. Initial results indicate that brands can substantially increase advertising exposures by leveraging household viewing information. The key contributions of this paper are as follows. Theoretically, we develop an integrated model on TV show viewing, TV advertising viewing, purchasing and advertising targeting. Methodologically, we propose a new modeling framework on media consumption by explicitly accounting for the role of uncertainty, and propose targeting strategies leveraging household-level data. Substantively, we offer policy recommendations to advertisers on micro-targeting which can be of great potential.

Dyson School Invited Seminar Series top

The Dyson School Invited Seminar Series provides several School-wide seminars a year, bringing distinguished academics and practitioners nominated by the faculty to speak on contemporary topics related to the four program areas of the Dyson School: Food and Agricultural Economics, Management, Environmental and Resource Economics, and International and Development Economics. The seminars are targeted toward a graduate-level audience, addressing contemporary research and policy issues.

Fall 2014
Sept. 5, Ivan Png, National University of Singapore
Sept. 26, Thomas W. Hertel, Purdue Univ., 10:30am-Noon, Warren 401
Oct. 24, Norbert Wilson, Auburn Univ.
Oct. 31, Research on Microfinance: Faculty Panel with Vicki Bogan, Ravi Kanbur and Yanyan Liu
Nov. 7, Scott Yonker, Indiana Univ.
Nov. 21, Holly Wang, Purdue Univ.

Dyson School Sponsored Seminars top

Dyson Sponsored Seminars are co-sponsored by other schools, centers, departments, and associations at Cornell University and feature speakers of interest to the Dyson School's faculty and students.

Fall 2014

AEM Graduate Student Association Seminar Series top

The Applied Economics and Management Graduate Student Association Seminar Series provide a forum for the School’s graduate students to present and get feedback on their research; help students gain insights, information, and practice advice from outside speakers; and facilitate faculty and student discussion panels to address issues of interest to the graduate student community.

Fall 2014
Oct. 17, Pimbucha Rusmevichientong, Cornell Univ.
Nov. 14, Parul Sharma, Cornell Univ.
Dec. 5, Marc Bellemare, Univ. of Minnesota
Dec. 12, Peter Slade, Univ. of Guelph

Related Seminar Series top

Cornell International Institute for Food, Agriculture, and Development (CIIFAD)

Cornell System Dynamics Network (CSDNet)

David R. Atkinson Center for a Sustainable Future

Economics Department Seminar Series

Applied Microeconomics Workshop

2014 Seminars top

Date Speaker Topic
1/6 Derek Farnsworth
Univ. of California, Davis
Explaining Agricultural Labor Shortages with Unpredictable Product Losses: A Case Study of Spotted Wing Drosophila in California Raspberries
1/8 Jennifer Ifft
US Department of Agriculture
Does Federal Crop Insurance Lead to Higher Farm Debt? Evidence from the Agricultural Resource Management Survey (ARMS)
1/9 Barrett Kirwan
Univ. of Illinois
The Effect of Federal Crop Insurance on Risk-Mitigation and Investment
1/10 Emanuele Massetti
Fondazione Eni Enrico Mattei (FEEM)
Using Degree Days to Value Farmland?
1/14 Ariel Ortiz-Bobea
Fellow Resources for the Future
Climate Change Impacts on US Agriculture
1/15 Thomas Sproul
Univ. of Rhode Island
Does Risk Aversion Matter for Shallow Loss Crop Insurance?
1/17 Marshall Burke
Univ. of California, Berkeley
Adaptation to Climate Change: Evidence from US Agriculture
1/21 Paul Christian
Brown Univ.
The Distributional Consequences of Group Procurement: Evidence from a Randomized Trial of a Food Security Program in Rural India
1/24 Byoung-Hyoun Hwang
Purdue Univ.
Wisdom of Crowds: The Value of Stock Options Transmitted Through Social Media
1/27 Hao Jiang
Univ. of Texas at Austin
Tail Risk and Hedge Fund Returns
1/28 Isaac Hacamo
Univ. of California, Berkeley
Finance and Welfare: The Effect of Access to Credit on Family Structure
2/21 Brian Wansink
Cornell Univ.
Forum on Food Psychology, Consumer Behavior, Behavioral Economics, and Marketinge
2/28 Jubo Yan
Cornell Univ.
An Experimental Examination of Willingness to Accept and Willingness to Pay Disparity Under Risky Prospects
3/7 Susan Offutt
Government Accountability Office
The US Fiscal Future: Projections and Methods
3/14 Steve Hamilton
California Polytechnic State Univ.
Oligopoly Intermediation, Relative Rivalry and the Mode of Competition
3/20 Paul Novosad
Dartmouth Univ.
Dirty Politics: Natural Resource Wealth and Politics in India
3/24 Marin Bozic
Univ. of Minnesota
Price Discovery, Volatility Spillovers and Adequacy of Speculation when Spot Prices are Stationary: The Case of U.S. Dairy Markets
3/28 Adrian Lopes
Cornell Univ.
Civil Unrest and the Poaching of Rhinos in the Kaziranga National Park, India
4/16 Jason Snyder
Information Disclosure and Firm Performance: Evidence from the Dialysis Industry
4/17 David Stifel
Lafayette College
Economic Benefits and Returns to Rural Feeder Roads: Evidence from a Quasi-Experimental Setting in Ethiopia
4/18 William Kerr
Harvard Business School
Highway to Success: The Impact of the Golden Quadrilateral Project for the Location and Performance of Indian Manufacturing
4/22 Matthew Kahn
Adapting to Climate Change: An Economist's Perspective
4/25 Ariel BenYishay
Australian School of Business
The Transmission of Mistrust: Institutional Consequences of Early-Life Rainfall
5/1 Eilyan Bitar
Cornell Univ.
Random Renewable Energy and the Marginal Value of Storage
5/9 Xiaobo Zhang
Mechanization and Division of Labor in Chinese Agricultural Production
5/9 H.S. Dillon
Government of Indonesia
Political Economy of Poverty Alleviation in Indonesia
5/16 Vidhya Soundararajan
Cornell Univ.
Contract Labor and Firm Productivity in the Indian Manufacturing Sector
6/9 Bill Pritchard
Univ. of Sydney
How Does Land Ownership Affect Household Food and Nutrition Security? Revisiting the Agriculture-Nutrition Disconnect in Two North Indian Villages
9/5 Ivan Png
National Univ. of Singapore
Law and Innovation: Evidence from State Trade Secrets Laws
9/26 Thomas W. Hertel
Purdue Univ.
Global Market Integration Increases Likelihood That a Future African Green Revolution Could Increase Crop Land Use and CO2 Emissions
10/8 Taylor Bentley
Washington Univ.
The Value of Informational Organic Links for Sponsored Search Advertising
10/15 Geoff Fisher
California Institute of Technology
Value Estimation and Comparison in Multi-Attribute Consumer Choice
10/17 Pimbucha Rusmevichientong
Cornell Univ.
Food Stamps, Food Insufficiency and Health of the Elderly
10/22 Yiting Deng
Duke Univ.
DVR Advertising Targeting

2013 Seminars top

Date Speaker Topic
2/15 Robert Ready
Univ. of Rochester
Oil Prices and the Stock Market
2/18 Sofia Kotsiri
North Carolina State Univ.
Farmers' Perceptions about Spatial Yield Variability and Precision Technology Adoption
2/20 Shady Atallah
Cornell Univ.
An Agent-Based Computational Bioeconomic Model of Plant Disease Diffusion and Control: Grapevine Leafroll Disease.
View video.
2/21 Deborah Prentice
Howard Univ.
Explanation of Two Topics in the Accounting Vocabulary: Depreciation and Product Margin
2/25 Anton Bekkerman
Montana State Univ.
A Semi-Parametric Approach to Analyzing Differentiated Agricultural Products
2/26 Donald May
Northeastern Univ.
Allocating Indirect Costs
3/1 Travis Lybbert
University of California, Davis
Leveling with Friends: Social Networks and Indian Farmers' Demand for Agricultural Custom Hire Services
3/6 Thomas Maloney
Cornell Univ.
Prospects for Immigration Reform and the Implications for Agriculture
4/3 Brad Rickard
Cornell Univ.
University Licensing of Patents for Varietal Innovations in Agriculture
4/19 Andrew Levin
Visiting Scholar, International Monetary Fund
Labor Force Participation and Monetary Policy in the Wake of the Great Recession
5/1 Gerald B. White
Cornell Univ.
Development of the Grape and Wine Industry in New York, 1975-2012
5/8 Joachim Henkel
TU Munich School of Management and Harvard Business School
Productive Assets or Quality Signals? The Role of Patents and Alliances in Venture-Capital Financing
5/14 Jura Liaukonyte
Cornell Univ.
Television Advertising Content and Internet Traffic
5/20 Laura Taylor
North Carolina State University
Randomized Safety Inspections and Risk Exposure on the Job: Quasi-experimental Estimates of the Value of a Statistical Life
5/23 Y. Peter Chung
A. Gary Anderson Graduate School of Management, University of California
Is Herding Priced in the Market? An Analysis of Systematic Order Imbalances of Stocks
5/29 David Lee
Cornell Univ.
Agriculture, Development and Environment
8/30 Tom Reardon
Michigan State Univ.
Rapid Transformation of Agrifood Value Chains in Asia
9/13 Rolf Fare
Oregon State Univ.
Joint Production of Good and Bad Outputs with a Network Application
9/26 Eric Edmonds
You Get What You Pay For: Schooling Incentives and Child Labor
10/4 Debraj Ray
New York Univ.
Ethnicity and Conflict
10/25 Lourenco Paz
Syracuse Univ.
The Effects of Exchange Rate on the Wage Premium: An Evaluation Using the Brazilian 1999 Exchange Rate Depreciation
11/8 Ravi Kanbur (moderator), David Ng, Sharon Poczter, Joshua Woodard
Dyson School, Cornell Univ.
Research on Business and Finance in Emerging Economies
11/11 John W. Mellor
John Mellor Associates, Inc.
11/15 Dennis Becker
Dyson School, Cornell Univ.
Heterogenous Firms and Informality: The Effects of Trade Liberalization in Labor Markets
11/20 Jennifer Alix-Garcia
Univ. of Wisconsin-Madison
Only One Tree From Each Seed? Poverty Alleviation and Environmental Effectiveness in Payments for Ecosystem Services
11/22 Shadi Atallah
Cornell Univ.
A Model of Plant Disease Management under Spatial-Dynamic Externalities
12/6 Jean-Paul Chavas
Univ. of Wisconsin
On the Microeconomics of Specialization: The Role of Non-Convexity
12/9 Tiantian Yang
Univ. North Carolina at Chapel Hill
Who's the Boss? Explaining Gender Inequality in Entrepreneurial Teams
12/13 Yu Qin
Cornell Univ.
"No County Left Behind?" The Distributional Impact of High-Speed Rail Upgrade in China
12/16 Michael Roach
Fuqua School of Business, Duke University
Founder or Joiner? The Role of Preferences and Context in Shaping Different Entrepreneurial Interests
12/18 Elizabeth Lyons
Univ. of Toronto
Team Production in International Labor Markets: Experimental Evidence from the Field