Browsing Agricultural Economics Faculty Research and Publications by Author "Crespi, John M."

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BMPs for sale!: Implications from a case study in BMP auctions

Smith, Craig M.; Leatherman, John C.; Peterson, Jeffrey M.; Crespi, John M.; Roe, Josh D. (2012)

Over the past several decades, there has been an increase in the use of market-based approaches for environmental policy. The purpose of this paper is three-fold: 1) to provide a review of the literature on auction-based ...
Competition in farm product markets: do long-run incentives trump short-run market power?

Crespi, John M.; Saitone, Tina L.; Sexton, Richard J. (2012)

This paper addresses buyer market power in farm product procurement markets. We argue that buyer power concerns are often overstated because traditional models of buyer market power are incapable of depicting the economic ...
Measuring the benefits to advertising under monopolistic competition

Boland, Michael A.; Crespi, John M.; Silva, Jena; Xia, Tian (2012)

This paper determines the benefits and costs of firm-level advertising in a monopolistically competitive industry. The model is useful in an environment in which firm-level costs may be absent or imprecise. The empirical ...

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