Andrew Anderson

Andrew E. Anderson serves as an Assistant Professor in the Department of Agricultural Economics and Agribusiness at the University of Arkansas, housed within the College of Agricultural, Food and Life Sciences. Originally from a farming background in Southeast Idaho, he leverages firsthand agricultural experience in his research. Dr. Anderson earned his Ph.D. in Agricultural Economics from Kansas State University in 2023, after completing his M.S. at Purdue University (2019) and B.S. at Brigham Young University-Idaho (2017).

His academic credentials are exclusively in agricultural economics:

• Bachelor of Science (B.S.) in Agricultural Economics, Brigham Young University-Idaho, 2017
• Master of Science (M.S.) in Agricultural Economics, Purdue University, 2019
• Doctor of Philosophy (Ph.D.) in Agricultural Economics, Kansas State University, 2023

Dr. Anderson's research program centers on three interconnected pillars: the economics of risk and uncertainty, applied price analysis, and behavioral economics. He explores how market participants—particularly farmers and consumers—navigate uncertainty in agricultural markets. Specific interests include price discovery mechanisms in futures and cash markets, the role of reference prices in consumer decision-making for protein products, and the economic implications of risk management tools such as insurance. His approach integrates theoretical rigor with empirical analysis of real-world data.

Analysis of Dr. Anderson's 13 publications (2019-2025) reveals a strong emphasis on price dynamics and behavioral responses in agricultural commodities. Key themes include the information content of USDA reports (WASDE) on intra-day price reactions, consumer valuation of health attributes in pet food, and the impact of avian influenza on egg markets. Methodologically, his work employs hedonic pricing models, econometric analysis of market data, and behavioral experiments, contributing to both academic literature and practical agricultural risk management strategies.