David A. Hennessy

David A. Hennessy

Ph.D., Iowa State University
M.A., University College Dublin
B.A., University College Dublin

Professor and Elton R. Smith Chair in Food and Agricultural Policy

Agricultural, Food, and Resource Economics
Michigan State University

446 W. Circle, Dr., Rm 207, Morrill Hall of Agriculture
East Lansing MI 48824

517 353 2128, .(JavaScript must be enabled to view this email address)

Publications

Publications (View all Hennessy’s publications on Google Scholar sorted by year)

Selected Publications

  • X. Du, H. Feng, D.A. Hennessy. 2016. “Rationality of Choices in Subsidized Crop Insurance Markets.” Main Text, Supplemental Material, American Journal of Agricultural Economics, forthcoming.
  • Miao, R., H. Feng, D.A. Hennessy, X. Du. 2016. “Assessing Cost-effectiveness of the Conservation Reserve Program (CRP) and Interactions between CRP and Crop Insurance.” Main Text, Supplemental Material,  Land Economics. Forthcoming.
  • Wei, Xinjie, Wanlong Lin, and D.A. Hennessy. “Biosecurity and Disease Management in China’s Animal Agriculture Sector.” Food Policy, 54(July, 2015):52-64.
  • Wang, Tong and D.A. Hennessy. “Strategic Interactions Among Private and Public Efforts when Preventing and Stamping Out a Highly Infectious Animal Disease.” American Journal of Agricultural Economics, 97(2, 2015):435-451.
  • Miao, Ruiqing, D.A. Hennessy, and Hongli Feng. “Sodbusting, Crop Insurance and Sunk Conversion Costs.” Land Economics, 90(4, 2014):601-622.
  • Wang, Tong and D.A. Hennessy. “Modeling Interdependent Participation Incentives: Dynamics of a Voluntary Livestock Disease Control Program.” European Review of Agricultural Economics, 41(4, 2014):681-706.
  • Du, Xiaodong, D.A. Hennessy, and Hongli Feng. “A Natural Resource Theory of U.S. Crop Insurance Contract Choice.” American Journal of Agricultural Economics, 96(January, 1, 2014):232-252.
  • Xu, Zheng, D.A. Hennessy, Kavita Sardana, and GianCarlo Moschini. “The Realized Yield Effect of GM Crops: U.S. Maize and Soybean.” Crop Science 53(May, 2013):735-745.
  • Du, Xiaodong, D.A. Hennessy, and Cindy Yu. “Testing Day’s Conjecture that More Nitrogen Decreases Crop Yield Skewness.” American Journal of Agricultural Economics, 94(January, 2012):225–237.
  • Lapan, Harvey E., and D.A. Hennessy. “Unit vs. Ad Valorem Taxes in Multi-Product Cournot Oligopoly.” Journal of Public Economic Theory, 13(February, 2011):125–137.
  • Hennessy, D.A., and Harvey E. Lapan. “Harmonic Symmetries of Imperfect Competition on Circular City.” Journal of Mathematical Economics, 45(January, 2009):124–146.
  • Hennessy, D.A. “Behavioral Incentives, Equilibrium Endemic Disease, and Health Management Policy for Farmed Animals.” American Journal of Agricultural Economics, 89(August, 2007):698–711.
  • Hennessy, D.A., and Harvey E. Lapan. “On the Nature of Certainty Equivalent Functionals.” Journal of Mathematical Economics, 43(December, 2006):1–10.
  • Hennessy, D.A. “On Monoculture and the Structure of Crop Rotations.” American Journal of Agricultural Economics, 88(November, 2006):900–914.
  • Hennessy, D.A., and GianCarlo Moschini. “Regulatory Actions Under Adjustment Costs and the Resolution of Scientific Uncertainty.” American Journal of Agricultural Economics, 88(May, 2006):308–323.
  • Roosen, Jutta, and D.A. Hennessy. “Testing for the Monotone Likelihood Ratio Assumption.” Journal of Business and Economic Statistics, 22(June, 2004):358–366.
  • Hennessy, D.A. “Property Rights, Productivity, and the Nature of Noncontractible Actions in a Franchise.” Journal of Economic Behavior and Organization, 52(December, 2003):443–668.
  • Hennessy, D.A., and Harvey E. Lapan. “A Definition of ‘More Systematic Risk’ with Some Welfare Implications.” Economica, 70(August, 2003):493–507.
  • Hennessy, D.A., and Harvey E. Lapan. “The Use of Archimedean Copulas to Model Portfolio Allocations.” Mathematical Finance, 12(April, 2002):143–154.
  • Lapan, Harvey E., and D.A. Hennessy. “Symmetry and Order in the Portfolio Allocation Problem.” Economic Theory, 19(4, 2002):747–772.
  • Hennessy, D.A., and Jutta Roosen. “Stochastic Pollution, Permits, and Merger Incentives.” Journal of Environmental Economics and Management, 37(May, 1999):211–232.
  • Roosen, Jutta, D.A. Hennessy, John A. Fox, and A. Alan Schreiber. “An Experimental Analysis of Willingness to Pay for Pesticide-Free and Cosmetically Impaired Apples.” Journal of Agricultural and Resource Economics, 23(December, 1998):367–384.
  • Hennessy, D.A. “The Production Effects of Agricultural Income Support Policies Under Uncertainty.” American Journal of Agricultural Economics, 80(February 1998):46–57.
  • Hennessy, D.A. “Stochastic Technologies and the Adoption Decision.” Journal of Development Economics, 54(December 1997):437–453.
  • Hennessy, D.A. “Information Asymmetry as a Reason for Food Industry Vertical Integration.” American Journal of Agricultural Economics, 78(November 1996):1034–1043.