Research Article
Dare to Experiment: The Synergistic Relationship Between Undergraduate Research and Experimental Economics
Carl Nelson-Poteet(a) , Lusi Xie(b), Kent D. Messer(a), and Leah H. Palm-Forster(a)
(a)University of Delaware, (b)University of Georgia
JEL Codes: JEL Codes: A22, C9, D9, Q2, Q5
Keywords: Diversity, experimental economics, mentoring, pipeline, undergraduate research
Publish Date: September 25, 2024
Abstract
Little attention has been given to the synergistic relationship that can exist between experimental economics research and undergraduate research experiences. In this article, we highlight the successes and challenges from working with more than 70 undergraduate research assistants at the University of Delaware’s Center for Experimental and Applied Economics (CEAE) since 2007. We describe our approaches for funding and engaging undergraduate students and efforts, including our layered mentorship network, to support CEAE’s mission to cultivate a diverse and inclusive research community. We present the results of a survey of CEAE’s alumni to understand how their research experiences influenced their undergraduate education and their post-graduate educational and career endeavors. Synthesizing the reflections of students and the experiences of lead researchers, we outline ten key recommendations regarding how faculty and administrators in agricultural and applied economics programs can design and implement successful undergraduate research experiences, strengthening the pipeline of researchers in our field.
References
Barnett, B.J., and W. Kriesel. 2003. “Agricultural Economists’ Use of Classroom Economic Experiments.” Journal of Agricultural and Applied Economics 35(2):321–335.
Hilsenroth, J., A. Josephson, K.A. Grogan, L.M. Walters, Z.T. Plakias, L.H. Palm-Forster, S. Banerjee, and T. Wade. 2022. “Past, Present, and Future: Status of Women and Minority Faculty in Agricultural and Applied Economics.” Applied Economic Perspectives and Policy 44(1):71–91.
Henderson, A. 2016. “Growing by getting their hands dirty: Meaningful research transforms students.” The Journal of Economic Education 47(3):241–257.
Hoyt, G.M., and K. McGoldrick. 2017. “Promoting Undergraduate Research in Economics.” American Economic Review 107(5):655–659.
Hoyt, G.M., and K. McGoldrick. 2019. “50 Years of Economic Instruction in the Journal of Economic Education.” The Journal of Economic Education 50(2):168–195.
Messer, K.D., D. Ganguly, and L. Xie. 2023. “Applications of Behavioral Economics to Climate Change.” Commissioned Report to the National Academy of Sciences for its report entitled: “Future Directions for Applying Behavioral Economics to Policy.”
Palm-Forster, L.H. and K.D. Messer. 2021. “Experimental and Behavioral Economics to Inform Agri-Environmental Programs and Policies.” In D. Just and C. Barrett, ed. Handbook of Agricultural Economics. Oxford: North-Holland, Elsevier, pp. 4331-4406.
Russell, S.H., M.P. Hancock, and J. McCullough. 2007. “Benefits of Undergraduate Research Experiences.” Science 316(5824):548–549.
Wagner, J. 2015. “A Framework for Undergraduate Research in Economics.” Southern Economic Journal 82(2):668–672.
Zepeda, L., and M. Marchant. 1998. “Bigger, Smaller, Richer, Poorer: Trends in Agricultural Economics.” Applied Economic Perspectives and Policy 20(2):406–421.
Articles in this issue
Innovate to Lead: Curriculum Innovations to Meet Students’ Needs in Applied Agricultural Economics and Agribusiness Programs
Rachna Tewari , Na Zuo, Maria Bampasidou, Anthony Delmond, Lijiao Hu, Tanner McCarty, et al.
A Case Study on the Home Cooking Movement—Legalization, Market, and Competition
Suraj Gurung, Jonathan Ritacco, Lijun Angelia Chen and John Lai
Expanding Beyond Case Studies in Postgraduate Agribusiness Teaching to Enhance Experiential Benefits and Student/Teacher Outcomes
Alexandra Peralta, Craig Johns, and Adam Loch
Minority-Owned Agricultural Businesses and Challenges with the Paycheck Protection Program: Seeking Ways to Reach Farmers
Kevin Kim, Ana Claudia Sant’Anna and Iryna Demko
Applied Economic Models of Commodity and Input Markets to Assess Prices, Quantities, Farm and Other Input Supplier Impacts, and Consumer and Taxpayer Costs
Joe Dewbre, Wyatt Thompson, Sera Chiuchiarelli
Renaissance Ag: Identifying the Who, How, and Where of Marketing a New Technology
Chanden Westover and Tanner McCarty
Risk Management Education for Executives in the Food and Agriculture Industry
Emily Garwood and Brian K. Coffey
Teaching The Economics of Corporate Social Responsibility: A Mixed Motive Bargaining Simulation Game
Anukul Bhattari and George C. Davis
Demand Dashboards: Interactive Tools to Communicate Consumer Behavior
Justin D. Bina and Glynn T. Tonsor
From Zero to Thesis in Two Years: A Curriculum Plan for Engaging Undergraduates in Honors Research
Caleb Staira, Xumin Zhang and Misti Sharp
Integrating Agricultural Research into Undergraduate Work Integrated Learning (WIL) Courses
Risti Permani, Md Khairul Hidayatullah Basir, Kodrad Winarno, Bisakha Dewan, et.al
Undergraduate Research Opportunities in an Applied Economics Program: Expanding Pathways for Economics Majors (and Beyond) at Land-Grant HBCUs
Huan Li, Lyubov Kurkalova, Scott Simkins and Shona Morgan
Undergraduate Applied Microeconomic Research with Demographic and Health Surveys
Seth R. Gitter, Chris M. Boyd, and Raissa Abbasi
Dare to Experiment: The Synergistic Relationship Between Undergraduate Research and Experimental Economics
Carl Nelson-Poteet , Lusi Xie, Kent D. Messer, and Leah H. Palm-Forster
Creating and Implementing Undergraduate Research Experiences: An Example for Analyzing the Size, Structure, and Performance of U.S. Food Manufacturing Industries
Yuliya V. Bolotova, Luke Juffer, Haylie Moore
FIRE Sustainability Analytics: An Innovative Approach to Engaging Undergraduate Students in Economics Research
Thanich Ruangmas and Lars J. Olson
Engaging Undergraduate Students in Research: From Cross-Discipline Programs to Published Articles
Gal Hochman and Yanhong Jin