David Hennessy, professor, and Hongli Feng, assistant professor, published in the most recent issue of Applied Economic Perspectives and Policy. Hennessy and Feng authored the article "Grassland easement acquisition: Conversion hazard rate, additionality, spatial spillover, and heuristics," with Ruiqing Miao of Auburn University, Gaurav Arora of Indraprastha Institute of Information Technology Delhi, and Charles R. Loesch of the US Fish and Wildlife Service.

The article examines optimal grassland easement acquisition strategies with a focus on the roles of environmental benefit additionality and spatial spillover effect of grassland conversion.

Hennessy and Feng also authored the article "Assessing peer effects and subsidy impacts in conservation technology adoption: Application to grazing management choices," which appears in the most recent issue of the Journal of the Agricultural and Applied Economics Association.

The JAAEA article was authored with Yuyuan Che of North Carolina State University and examines peer networking and grazing practice decisions, and how subsidies affect decisions in the presence of peer effects.

"Grassland easement acquisition: Conversion hazard rate, additionality, spatial spillover, and heuristics"
Ruiqing Miao, Hongli Feng, David A. Hennessy, Gaurav Arora, Charles R. Loesch
Applied Economic Perspectives and Policy
https://doi.org/10.1002/aepp.13318

"Assessing peer effects and subsidy impacts in conservation technology adoption: Application to grazing management choices"
Yuyuan Che, Hongli Feng, David A. Hennessy
Journal of the Agricultural and Applied Economics Association
https://doi.org/10.1002/jaa2.26