Faculty
Craig A. Bond
Assistant Professor
Ph.D.: University of California, Davis
Location: B311 Clark Bldg.
Telephone: (970) 491-6951
E-mail:
Research Interests:
My current research interests span the fields of agricultural economics, environmental economics, and natural resource economics, especially relating to the interactions between the three fields. Current projects include estimation of dynamic production functions for use in modeling production behavior under limited irrigation, modeling the economic impact of aquaculture suppliers of recreational fish, optimal management of high elevation forests in the presence of an invasive species, modeling adaptive management, and several land use projects, including hedonic valuation of agricultural land.
Recent publications and other written works have focused on theoretical aspects of agricultural sustainability, estimating pollution abatement costs at the farm level, demand and willingness to pay for specialty food and other produce products, as well as econometric exercises in farmers’ preferences, the behavior of agricultural PACs, and the relationship between democracy, freedom, and environmental quality.
Future research will continue to focus on various applied economic topics across the three fields, with an emphasis on empirical stochastic dynamic optimization, resource/attribute valuation, consumer choice, and other applied econometric methods.
Courses:
AREC 340 - Introduction to Economics of Natural Resources
AREC/ECON 540 - Economics of Natural Resources
AREC 740/792 - Advanced Topics in Environmental and Natural Resource Economics/Seminar
Selected Publications, Presentations and Projects:
Recent Publications
Keeling Bond, J., D. Thilmany, and C.A. Bond. Forthcoming. “What Influences Consumer Choice of Fresh Produce Purchase Location.” Journal of Agricultural and Applied Economics, April, 2008.
Bond, C.A. and Y.H. Farzin. Forthcoming. “Alternative Sustainability Criteria, Externalities, and Welfare in a Simple Agroecosystem Model: A Numerical Analysis.” Environmental and Resource Economics.
Bond, C.A., D. Thilmany, and J. Keeling Bond. 2008. “Understanding Consumer Interest in Product and Process-Based Attributes for Fresh Produce.” Agribusiness: An International Journal, 24(2), 231-252.
Bond, C.A. and Y.H. Farzin. 2008. “Agroecosystem Modeling and Optimal Economic Decisions: Implications for Sustainable Agriculture.” Optimal Control Applications and Methods 29, 59-80.
Bond, C.A. and Y.H. Farzin. 2007. “Estimating Agricultural Abatement Costs at the Plot Level using Experimental Data: A Maximum Entropy Approach.” Journal of Agricultural and Resource Economics 32(2):273-290.
Keeling Bond, J., D. Thilmany, and C.A. Bond. 2006. “Direct Marketing of Produce: Understanding Consumer Purchasing Decisions.” Choices 21(4), 1-6.
Farzin, Y,H., and C.A. Bond. 2006. “Democracy and Environmental Quality.” Journal of Development Economics 81: 213-235.
Giraud, K., C.A. Bond, and J.J. Bond. 2005. “Consumer Preferences for Specialty Made Food Products Across Northern New England.” Agricultural and Resource Economics Review 34(2), 204-216.
Bond, C.A., C.A. Carter, and Y. H. Farzin. 2005. “Economic and Environmental Impacts of Herbicide-Tolerant Transgenic Rice Adoption in California.” Giannini Foundation Research Report 350, University of California.
Bond, C.A., C.A. Carter, and Y.H. Farzin. 2003. “Medium Grains, High Stakes: Economics of Genetically Modified Rice in California.” AgBioForum, 6(4), 146-154.
Recent Presentations
June, 2008, Adaptive Management and the Economics of Shallow Lakes (with J. Loomis), Annual Meeting of the Western Agricultural Economics Association (WAEA), Big Sky, MT.
February, 2008, The Potential of Agent Based Modeling for Improving the Economic Efficiency of Adaptive Natural Resource Management (with J. Loomis and D. Harpman), Annual Meeting of the Western Regional Science Association (WRSA), Waikoloa, HI.
February, 2008, Expected Profit or Mutiattribute Objectives: A Stated Preference Analysis of Colorado Corn Farmers (with G. Kipperberg and D. Hoag), W2133 Annual Meeting, Waikoloa, HI.
July/August, 2007, What to Choose? The Value of Label Claims to Produce Consumers (with D. Thilmany and J.K. Bond), Annual Meeting of the American Agricultural Economics Association (AAEA), Portland, OR.
July, 2006, Multi-Sector Sustainability in Agroecosystem Envrionments: Using Value Function Iteration for Numerical Solutions (with Y.H. Farzin), Annual Meeting of the American Agricultural Economics Association (AAEA), Moderator (additional session), Long Beach, CA.
July, 2006, Efficiency and Equity: Sustainability Tradeoffs in an Agroecosystem Model (with Y.H. Farzin), Third World Congress of Environmental and Resource Economists ,Session Chair, Kyoto, Japan.
August, 2004, A Portfolio of Nutrients: Soil and Sustainability (with Y.H. Farzin), Annual Meeting of the American Agricultural Economics Association (AAEA) Annual Meeting, Denver, CO.
July, 2004, Multiple Nutrient Stocks and Sustainability in Agriculture (with Y.H. Farzin), EAERE/Fondazione Eni Enrico Mattei (FEEM)/ Venice International University (VIU) European Summer School in Resource and Environmental Economics, Dynamic Models in Economics and the Environment, Venice, Italy.
June, 2004, Multiple Nutrient Stocks and Sustainability in Agriculture (with Y.H. Farzin), Thirteenth Annual Conference of the European Association of Environmental and Resource Economics (EAERE), Budapest, Hungary.
July, 2002, Temporal Payment Issues in Contingent Valuation Analysis (with K. Giraud and D. Larson), Annual Meeting of the American Agricultural Economics Association (AAEA) Annual Meeting, Long Beach, CA.
Ongoing Projects
“Developing Economically Sustainable Cropping Strategies for Small and Medium Sized Farms in an Increasingly Scarce Water Environment” (Co-PI with J. Pritchett, N.C. Hansen, D.G. Westfall, J. Schneekloth, R. Waskom, T. Bauder, J. Ascough, G.W. Buchleiter, J. Brummer, E. Schuck, L. Swanson, and D. Hoag), USDA-NRI 66.0 Agricultural Prosperity for Small and Medium-Sized Farms, Sep., 2006 – Dec., 2009.
“Valuing Colorado State Land Board Assets: A Hedonic Approach” (PI with A. Seidl and D. Theobald), CO State Land Board, July, 2006 – June, 2008.
“Economic Impacts of Private Sector Aquaculture-Based Recreational Fishing in the Western USA” (with D. Larson, S. Davies, A. Davies, J. Loomis, C. Myrick, F. Conte, J. Boren, K. Fitzsimmons, G. Fornshell, and A. Seidl), WRAC-USDA, Sep., 2007 – Sep., 2008.
"Optimal Land Use for Long-Term Community Stability" (with E. Page, A. Seidl, and M. Sullins), Cooperative Extension Venture Capital Fund Proposal, January, 2007-December, 2008.
"Pine Population Projections and Social Perceptions: Evaluating Management Options to Sustain High Elevation Pine Ecosystems in the Presence of an Invasive Pathogen” (with A. Schoettle and P. Champ), RMRS, USDA Forest Service, 2007-2008.
“Multi-disciplinary Work Group for Biofuel from Oilseed Crops in Colorado” (with J. Johnson, P. Byrne, G. Paterson, S. Archibeque, C. Bond, N. Hansen, A. Helm, J. McKay, D. Olsen, and M. Wilson). Capacity Building Proposal to the Clean Energy Supercluster, 2008-2009.
Base Appointment:
Resident Instruction, Research, and Outreach