CARD faculty Keri Jacobs and Dermot Hayes, and ISU Department of Economics alum Ziran Li, won the Agricultural and Applied Economics Association's Best Paper Award in Applied Risk Analysis for their paper, "Reference-Dependent Hedging: Theory and Evidence from Iowa Corn Producers." Their paper is available online at https://doi.org/10.1093/ajae/aay035.

Jacobs, K., Z. Li, and D. Hayes. 2018. "Reference-Dependent Hedging: Theory and Evidence from Iowa Corn Producers." American Journal of Agricultural Economics 100(5): 1450-68. https://doi.org/10.1093/ajae/aay035