We provide two-year, renewable research fellowships for faculty members to conduct research projects related to our mission, produce publicly accessible white papers, policy issues papers, and other communications that inform lawmakers, policy advisors, and the general public on critical policy and regulatory issues, and participate in workshops and conferences organized by the group. Research Fellows are also expected to organize workshops, seminars, and/or conferences for law makers, policy advisors, interest groups and/or the general public related to the research project(s); to serve on the research grant selection committees for the initiative's Research Grant Proposals; Apply for external grant funding to sustain their research program beyond the Fellowship period; Provide substantive professional feedback to other researchers about their research projects; and Provide leadership in one of the initiative's areas of focus, identifying emerging policy issues and areas of potential emphasis for future research support.
This research program seeks to investigate the extent to which regulatory and agricultural policies affect participants' exposure to market risks, and the extent to which regulations and policies alter incentives to use market-based risk management tools. Stakeholders in the agricultural sector are subject to numerous risks and uncertainties throughout the food supply chain, and efficient transmission of relevant information and effective of risk management tools are critical to reduce the exposure to, and negative impacts of, unexpected adverse events. This research program will examine the impacts of two sets of policy interventions on agricultural producers' exposure and ability to manage input cost risks: Revenue Protection crop insurance (the most widely used federal crop insurance product) and energy market regulations, which affect entry for new fertilizer production facilities and fertilizer prices.
This research program focuses on rules and regulations currently in place as part of the federal agricultural safety net designed to protect farmers and ranchers from adverse market and production outcomes. The program focuses on the impact of policies on farm-level decisions, the unintended consequences of policies on agricultural production and consumers, and the design of more effective safety net programs.
One common form of market regulation in the United States involves restricting output levels. In programs that restrict output, expected future program-created profits (or rents) are often capitalized into the value of business assets. This program focuses on this capitalization process and how different factors affect the capitalized value of “artificial” inputs created by government regulations, with particular focus on two government programs that create artificial inputs whose values as tradable assets are substantial – taxicab regulatory systems in major U.S. cities and the Montana liquor license system. In both of these programs, asset values such as the transfer prices of all-liquor licenses in Montana and of taxicab medallions in New York City have reached levels of $1 million or more in recent years. One primary objective of the analysis of medallion values will be to estimate the impacts on those values of important recent technological innovation in transportation markets – the advent of Uber.
This research program focuses on developing a better understanding of the effects of criminal justice policies and regulations on public safety. Three main areas of criminal justice policies and regulation will be the focus of this work. First, an assessment of the determinants of sexual assault on college campuses and the effect of prevention efforts, including information and awareness campaigns and other recent prevention efforts, on incidences of sexual assault on and around college campuses. Second, an examination of the the determinants of gun-ownership and use and the effect of gun regulations on public safety, with particular focus on concealed-carry laws and historical gun permitting laws. Third, an evaluation of the role of regulations and policies in reducing drug-related harms, with emphasis on the effects of expanding access to substance-abuse treatment on health and crime.
Those eligible for fellowships include MSU faculty engaged in research and economic analysis of regulatory issues as applied to agriculture, healthcare, technology, finance, natural resources, education, public safety, and other related sectors. Interdisciplinary research proposals and proposals directed by multiple project leaders are welcome. Research Fellows are selected by the initiative's selection committee, which includes the co-directors and the initiative's internal advisory committee. In years when fellowship opportunities are available, requests for proposals (include link to .pdf of the fall 2016 RFP) are typically announced in early spring and fellowships begin in early fall.