Assistant Professor of Agricultural Economics
Nathan Thompson joined the Purdue University Department of Agricultural Economics in February 2016 after completing his PhD in agricultural economics at Oklahoma State University. His research and extension programs focus primarily in the areas of production economics and farm management, with a specific emphasis on risk management as it pertains to farm-level decision making. Nathan has a strong interest in interdisciplinary, applied research with practical implications for producers and other relevant stakeholders. Some of his previous work has involved determining the economic feasibility of alternative technologies and production practices for both crop and livestock producers.
In his dissertation, Nathan evaluated the economic feasibility of genetic testing in beef cattle production. This included a series of papers looking at the value of using genetic information to improve the selection, management, and marketing of cattle. In addition, a random sampling strategy was evaluated in an effort to achieve a context for cost-effective genetic testing using a Bayesian decision theoretic framework to determine the economically-optimal sample size.