Faculty & Staff
| Pioneer Hi-Bred International Chair of Agribusiness|
Professor of Finance
3375 Gerdin Business Building
Ames, IA 50011-1350
PhD, University of California at Berkeley, 1986
BSc, University College Dublin, Ireland, 1981
Agricultural Markets and Trade
Professor Hayes is a member of the Finance Department and of the Economics Department. His scholarly activities include publications in the Journal of Finance, American Economic Review, The Journal of Development Economics and the American Journal of Agricultural Economics. His current research involves the impact of the information revolution on the structure of agricultural markets, the pricing of exotic options and insurance contracts, the use of speculative markets to reinsure the systemic portion of risky portfolios, and the possible impact of current trade liberalization in China on world agricultural markets.
Hayes, Dermot J., Sergio Lence, and Alcira S. Goggi. "Impact of Intellectual Property Rights in the Seed Sector on Crop Yield Growth and Societal Welfare: A Case Study Approach." AgBioForum, forthcoming.
Lence, Sergio H., and Dermot J. Hayes. "Ethics, Welfare, and Markets." Southern Economic Journal, forthcoming.
Du, Xiaodong, Dermot J. Hayes, and Mindy L. Baker. "A Welfare Analysis of the U.S. Ethanol Subsidy." Review of Agricultural Economics, forthcoming.
Du, Xiaodong, and Dermot J. Hayes. "The Impact of Ethanol Production on U.S. and Regional Gasoline Markets." Energy Policy, forthcoming.
Hayes, Dermot, Bruce Babcock, Jacinto Fabiosa, Simla Tokgoz, Amani Elobeid, Tun-Hsiang Yu, Fengxia Dong, Chad Hart, Wyatt Thompson, Seth Meyer, Edward Chavez, and Suwen Pan. "Biofuels: Potential Production Capacity, Effects on Grain and Livestock Sec
Babcock, Bruce A., Dermot J. Hayes, and John D. Lawrence. "Using Distillers Grains in the U.S. and International Livestock and Poultry Industries" an online book available at http://www.matric.iastate.edu/DGbook/