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Research and Extension Seminars

Upcoming Seminars
Is Herding Priced in the Market? An Analysis of Systematic Order Imbalances of Stocks
Speaker: Y. Peter Chung, Professor, A. Gary Anderson Graduate School of Management, University of California-Riverside
Date: Thursday, May 23
Time: 4-5:30pm
Place: 404 Plant Science (Whetzel Room)
Abstract: We measure herding of trading activities by regressing order imbalances of individual stocks on market-wide, industry-wide, and market maker-wide order imbalances. Investors appear to demand compensations for herding: One standard deviation increase in the degree of herding in one year is followed by a 0.4% increase in returns in the next, after controlling for standard asset pricing factors and liquidity variables. We also find some evidence that herding is related to measures of tail risk or extreme market events.
Agriculture, Development and Environment
Speaker: David R. Lee, Professor, Charles H. Dyson School of Applied Economics and Management, Cornell University
Date: Wednesday, May 29
Time: 11:00am-12:15pm
Place: 404 Plant Science (Whetzel Room)
Abstract: In this seminar, Prof. Lee will provide an overview of his past and current research program, which focuses on the interface between agriculture, economic development and the environment, including issues related to food security, technology adoption, sustainable agriculture, environmental services, watershed management, climate change, and agricultural and environmental policy.

Dyson School Distinguished Seminar Series top

The Dyson School Distinguished Seminar Series provides seven 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.

Spring 2013
February 15, 2:00–3:30pm, B11 Sage Hall: Robert Ready, University of Rochester "Rising Star Seminar" with Johnson School
March 1, 11am-12:30pm, G10 Biotech: Travis Lybbert, UC Davis
April 19, 11am-12:30pm, 226 Weill Hall: Andrew Levin, Board of Governors, Federal Reserve
May 8, 11am-12:30pm, B32 Warren Hall: Joachim Henkel, Professor, TU Munich School of Management and Harvard Business School


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


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
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

2012 Seminars top

Date Speaker Topic
2/1 Shady S. Atallah
Cornell Univ.
Economic Impact of Grapevine Leafroll Disease on Vitis vinifera cv. Cabernet franc in Finger Lakes Vineyards of New York
2/17 Shanta Devarajan
World Bank
Avoiding the Fragility Trap in Africa
2/23 Charles H. Cuykendall
Cornell Univ.
Federal and New York State Income Tax Updates
3/9 Christian A. Vossler
University of Tennessee
Truth in Consequentiality: Theory and Field Evidence on Discrete Choice Experiments
3/13 Jubo Yan
Cornell Univ.
How do People Insure Against Hazard: Public or Private
3/13 Yu Qin
Cornell Univ.
Counties Left Behind: The Distributional Impact of High-Speed Rail Upgrade in China
3/14 Brian M. Henehan
Cornell Univ.
The Role of Cooperative Businesses in Transferring Technology
3/14 Leah Bevis
Cornell Univ.
Decomposing Intergenerational Income Elasticity: The Contribution of Capital Transmission in the Philippines
3/14 Lin Sun
Cornell Univ.
Distribution Channel Choice of Start-Up Wineries in Cool Climate Regions
3/14 Yiwei Wang
Cornell Univ.
Production Possibility Frontier of Automobile Attributes and the Trade-Offs in the U.S. Automobile Industry
3/14 Soumya Gupta
Cornell Univ.
Interactions Between National and International Rice Prices in Select Asian Countries: 2000-2011
3/15 Teevrat Garg
Cornell Univ.
Market Prices and Food Aid Local and Regional Procurement: A Multi-Country Analysis
3/15 Yan Qu
Cornell Univ.
Self-selection and Distribution of Wages
3/30 Aaron K. Chatterji
Duke Univ.
Do the Costs of Cooperation Drive the Gale of Creative Destruction?: Commercialization Strategies in the Medical Device Industry
4/16 Aija Leiponen
Cornell Univ.
Innovating Standards Through Informal Industry Consortia: The Case of Wireless Telecommunications
4/20 Jonathan Zinman
Dartmouth College, NBER
Borrowing High vs. Borrowing Higher: Sources and Consequences of Dispersion in Individual Borrowing Costs
4/25 Jonathan Dressler
Cornell Univ.
An Estimate of Socioemotional Wealth in the Family Business
5/3 Peter Cappers
Lawrence Berkeley National Laboratory
The Potential Role of Demand Response in the Management of Variable Generation from Wind and Solar Sources
5/16 Gerald White
Cornell Univ.
Trends in the Production Costs and Marketing of Vinifera Grapes in the Finger Lakes
6/12 Hasim Ozudogru
Gazi University, Turkey
An Introduction to the Agricultural Economy and Agricultural Cooperative Structures in Turkey
9/17 Christopher Timmins
Duke Univ.
Do People Really Come to the Nuisance? Environmental Justice and the Role of Residential Mobility
10/4 Roberta Severson
Cooperative Enterprise Program
Cooperatives: Democracy and Economy in Action, Celebrating the International Year of the Cooperative
10/5 Sir Partha Dasgupta
St. Johns College, Univ. of Cambridge
Sustainability and the Measurement of Wealth
10/22 Yasushi Taira
Cornell Univ.
Effect of World Bank's Traffic Light System on International Financial Flow to Low Income Countries
11/7 Daniel L. Welch
Cornell Univ.
Ensuring NY FarmLink Can Meeting the Challenge of Farm Asset and Management Transfers
11/16 Julian Alston
University of California, Davis
Agricultural R&D, Productivity, and Poverty: Recent Global Trends and Emerging Implications

2011 Seminars top

Date Speaker Topic
1/17 Koichiro Ito
Univ. of California, Berkeley
Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing
1/19 Chirantan Chatterjee
Carnegie Mellon Univ.
Regulation and Welfare: Evidence from Paragraph IV Generic Entry in the Pharmaceutical Industry
1/20 Khin Mar Cho & Donald Tobias
Cornell Univ.
Food Industry Direct Marketing: Electronic Infrastructure New York MarketMaker
1/20 Shanjun Li
Resources for the Future
Evaluating "Cash-for-Clunkers": Program Effect on Auto Sales, Jobs and the Environment
1/21 Joel Blit
George Washington Univ.
Learning Remotely: R&D Satellites, Intra-Firm Networks, and Knowledge Sourcing
1/25 Sharon Poczter
Univ. of California, Berkeley
The Long-Term Effects of a Bank Bailout Program: Evidence from an Emerging Market
2/3 Martin Kanz
Harvard Univ.
Bank Structure and Entrepreneurial Finance
2/7 Dhruv N. Sharma
Stanford Univ.
Raising U.S. Residential Insulation Levels: Incentives or Regulation?
3/4 Maureen Cropper
Univ. of Maryland
Getting Cars off the Road: The Cost-Effectiveness of an Episodic Pollution Control Program
3/10 Mark Constas
Cornell Univ.
Randomized Field Trials in Applied Settings: The Identification of Causal Mechanisms and the Importance of Productive Counterfactuals

3/11 Paul Ferraro
Georgia State Univ.
Conservation Without Prices: Evidence from a Large-Scale Field Experiment Testing Norm-Based Strategies
3/16 Miguel Gomez
Cornell Univ.
Localization of Food Supply Chains: Lessons, Issues and Research Needs
4/1 James Foster
George Washington Univ.
Counting and Multidimensional Poverty Measurement
4/6 Todd Schmit
Cornell Univ.
Impact of Canopy Management Practices on Consumer Willingness-to-Pay for Riesling Wines
4/22 Michael Anderson
Univ. of California, Berkeley
Vehicle Weight, Highway Safety, and Energy Policy
4/27 Andrew Novakovic
Cornell Univ.
Lessons in Market Analysis and Policy Development from Research on Milk Price Volatility

4/29 Jonathan Morduch
New York Univ.
Microfinance and Social Investment
5/2 Dawn Schrader
Cornell Univ.
The Psychological Cost of Privacy
9/8 Michal Moore
Univ. of Calgary
Competitive Integration of Renewable Energy in Electric Grid Operation
9/16 Carol Graham
Univ. of Maryland
Does More Money Make You Happier? Why So Much Debate?
9/21 Thomas Maloney
Cornell Univ.
Hispanic Workers in the Dairy Industry: Addressing Immigration Enforcement and Policy Changes
10/14 Xi Chen
Cornell Univ.
Identification of Stigma Behavior through Social Networks: Blood Plasma Donation, Peer Effects and Status Seeking
10/21 Chris Barrett, Ravi Kanbur, Steve Kyle
Cornell Univ.
Dyson Research on Africa
10/26 Deborah Streeter
Cornell Univ.
Sharing Best Practices Through Digital Stories
11/18 Alan Krupnick
Resources for the Future
Shale Gas Promises and Challenges
11/22 Reed Walker
Columbia Univ.
The Transitional Costs of Sectoral Reallocation: Evidence From the Clean Air Act and the Workforce
11/29 Nicholas J. Sanders
Stanford University
Toxic Assets: How the Housing Market Responds to Environmental Information Shocks
12/2 John Taber
Cornell Univ.
Mapping Energy Futures: An Integrated Economic, Engineering and Environmental Approach to Electric Power
12/6 Jill McCluskey
Washington State Univ.
Reputations and Neighbors: Understanding Markets for Wine

2010 Seminars top

Date Speaker Topic
1/19 Daniel Egel
Univ. of California-Berkeley
Tribal Diversity, Political Patronage and the Yemeni Decentralization Experiment
1/29 Michael Roberts
North Carolina State Univ.
Econometric Analysis of the Demand and Supply of Calories
2/1 Nishith Prakash
Dartmouth College
The Impact of Employment Quotas on the Economic Lives of Disadvantaged Minorities in India
2/4 Scott Yonker
Ohio State Univ.
Geography and the Market for CEOs
2/9 Andrew Novakovic
Cornell Univ.
Assessing Price Volatility in Dairy Markets
2/9 Jan de Leeuw
International Livestock Research Institute
A Review of Options to Reduce Vulnerability in Pastoral Systems
2/11 Edith Liu
Univ. of Pennsylvania
Diversifying Credit Risk with International Corporate Bonds
2/16 Sara Holland
Univ. of California-Berkeley
Health Capital, Firm Investment, and Shareholder Value
2/18 Michael Michaux
Univ. of Pennsylvania
Pass-through, Exposure, and the
Currency Composition of Debt
2/19 Ian Parry
Resources for the Future
Do Energy Efficiency Standards Increase Social Welfare?
2/26 Scott Rozelle
Stanford Univ.
Nutrition and Education in Rural China: Explaining the Human Capital Gap Between Rural and Urban Students
3/2 Scott Rozelle
Stanford Univ.
Technology, Markets and Battling Unemployment: Can China Survive and Thrive in the Global Financial Crisis and Beyond?
3/3 Robert Boynton
Cornell Univ.
Industry-Land Grant University Interface: What’s Changed, What’s Not and So What? A Dairy Perspective
3/12 James Hansen
Columbia Univ.
The CGIAR Climate Change, Agriculture and Food Security Challenge Program: Adaptation Pathways Based on Managing Current Climate Risk
3/19 Brent Hueth
Univ. of Wisconsin
The Producer Cooperative as Monitored Credit
3/31 Chunchi Wu
Univ. of Missouri-Columbia
Price Discovery in the U.S. Treasury Market: Automation versus Intermediation
4/2 Meredith Fowlie
Univ. of California-Berkeley
Allocating Emissions Permits in Cap-and-Trade Programs: Theory and Evidence
4/7 Todd Schmit
Cornell Univ.
Assessing Food and Beverage Manufacturing Growth in New York State
4/7 Hans Walter Chua
William Tomek

Cornell Univ.
On the Relationship of Expected Supply and Demand to Future Prices
4/28 Shinoj Parappurathu Overview of Biofuel Development in India
4/30 Hugo De Groote Pro-Poor Market Segmentation: A Randomized Experiment with Maize Seed Vouchers in Kenya
5/26 Catherine McNally, Emi Uchidabb, Arthur Golda
Univ. of Rhode Island
Sustaining Mangrove Ecosystem Services Through a Protected Area: Can Giving Up Short-Run Gains from Natural Capital Avoid a Long-Run Poverty Trap?
9/15 Brad Rickard
Cornell Univ.
Using Experimental Economics to Better Understand Consumer Response to Commodity-Specific and Broad-Based Promotion Programs for Fruits and Vegetables
9/22 Thomas Hertel
Purdue Univ.
Climate Change, Agriculture and Poverty
9/23 Xiaobo Zhang
International Food Policy Research Inst. (IFPRI)
The Sexual Foundations of Economic Growth: Evidence from China
10/27 Charles F. Nicholson
California Polytechnic State Univ.
Impacts of Proposed Programs to Mitigate Price Volatility in the US Dairy Industry
11/9 Abdoul Sam
Ohio State Univ.
Impact of Pension Privatization on Foreign Direct Investment in Latin America
11/10 Jonah Busch
Conservation International
Climate and Revenue Benefits of Policies to Reduce Emissions from Deforestation in Indonesia
11/11 Joshua Woodard
Texas A&M Univ
Impacts of Weather and Time Horizon Selection on Crop Insurance Ratemaking: A Conditional Distribution Approach
11/16 Ashok Mishrad
Louisiana State University and LSUAg Center
Asset Value, Rents, and Policy Benefits: The Distribution
of Agricultural Subsidies
11/19 Ravi Kanbur, Cornell Univ.
Nishith Prakash, Cornell Univ.
Rod Hawkes, Cornell Univ.
Annemie Maertens
India Symposium
12/1 Brian Henehan
Cornell Univ.
eXtension: Innovative Online Outreach
12/8 Maria Tereza Alexandre
Univ. of Illinois, Urbana-Champaign
Cultural Aspects of International Marketing
12/20 Sudha Narayanan
Cornell Univ.
Contract Farming as Frictional Equilibria: An Empirical Investigation of Select Schemes in Southern India

2009 Seminars top

Date Speaker Topic
1/23 Jayson Lusk
Oklahoma State Univ.
Bridging the Gap Between Laboratory Experiments and Naturally Occurring Markets: An Inferred Valuation Method
2/10 Ankur Pareek
Yale School of Mgmt.
Information Networks: Implications for Mutual Fund Trading Behavior and Stock Returns
2/11 Todd Schmit
Cornell Univ.
Extension Seminar: Real Option Analysis of Ethanol Plant Development
2/11 Yan Li
Cornell Univ.
Underconditioning and Overconditioning: Testing the Conditional CAPM and the Conditional Fama-French Three-Factor Model
2/12 Bo Sun
Univ. of Virginia
Asset Returns with Earnings Management
2/17 Darwin Choi
Yale School of Mgmt.
Omitted Markets, Idiosyncratic Risk, and the Cross-Section of Stock Returns
2/27 William Horrace
Syracuse Univ.
The Value of Statistical Life: Pursuing the Deadliest Catch
3/27 David Levine
Univ. of California-Berkeley
Choose and Use: Preliminary Results on How Behavioral Decision-Making and Experience Affect Households' Preferences for and Use of Safe Water Products
4/8 NY FarmNet & NY FarmLink Team
Cornell Univ.
Extension Seminar: Putting Non-Production Practices to Work at NY FarmNet
4/10 Daniel Kaffine
Colorado School of Mines
The Windy Commons?
4/24 Lucas Davis
Univ. of Michigan
International Trade in Used Durable Goods: The Environmental Consequences of NAFTA
5/6 Andrew Feltenstein
National Science Foundation
High Growth and Low Consumption in
East Asia: How to Improve Welfare While Avoiding Financial Failures
5/15 James Choi
Yale School of Management
The Effect of Providing Peer Information
on Retirement Savings Decisions
6/26 Chandra Shekhar Kumar
Cornell Univ.
Credit Rationing and the Economics of Informal Lending: Theoretical Results and Econometric Inferences Using the Household Surveys of China and India
9/04 Roberton C. Williams III
Univ. of Maryland
Distribution, Distortionary Taxation, and the Evaluation of Public Goods
09/17 Elinor Ostrom
Indiana Univ.
Collective Action and the Commons: What Have We Learned? (University Lecture Co-Sponsored by AEM)
09/18 Ravi Kanbur, Calum Turvey, & Nancy Chau
Cornell University
Xiaobo Zhan
IFPRI
China Symposium
10/2 A. Mushfiq Mobarak
Yale Univ.
Development Effects of Electrification:
Evidence from the Geologic Placement of
Hydropower Plants in Brazil
10/14 David Lee
Cornell Univ.
Building Response Strategies to Climate Change in Agricultural Systems in Latin America
10/20 Brent Gloy
Cornell Univ.
The Potential for Adoption of Anaerobic Digestion on U.S. Dairy Farms
10/21 David Colman
Univ. of Manchester
Agriculture’s Terms of Trade: Issues and Implications
11/6 Peter Sandøe
Univ. of Copenhagen
What Economists Can Do For Animal Welfare
11/18 Brian Henehan
Cornell Univ.
Assessing the Educational Needs of Priority Extension Audiences
11/20 Betty Daniel
Univ. of Albany-SUNY
Private Sector Risk and Financial
Crisis in Emerging Markets
12/16 Brad Rickard
Cornell Univ.
Distributional Effects of Introducing Wine into Grocery Stores