Dana L. Hoag, PhD.


Agricultural and Resource Economics

Fields of Expertise

Agricultural and Natural Resource Economics, Agriculture

Areas of Interest

Risk and decision analysis, Soil and water conservation management and policy, Ground and surface water contamination, Invasive species, Non-market valuation in wildlife refuges


Professor Hoag received a B.S. and M.S. from Colorado State University in 1980 and 1981 respectively and a Ph.D. from Washington State University in Agricultural Economics in 1984. He is now a professor in the Department of Agricultural and Resource Economics. Dr. Hoag is interested in how to analyze and make decisions about issues where agriculture and the environment interact. This includes a cross section of research fields such as policy, production economics, farm management, resource economics and regional economics. Current and recent projects include the use of conservation easements, elk and bison management in Yellowstone, ground and surface water contamination, manure management, invasive species, crop insurance, decision analysis with multiple objectives, sustainability, and non-market valuation in wildlife refuges. He developed the award-winning RightRisk and Risk NavigatorSRM research and education programs for risk management. He has worked in China, Bolivia, Kenya, Ethiopia, South Africa, Chili and Australia. In the area of water, Dr. Hoag has published about nutrient trading programs, irrigation efficiency, and drought management. His article entitled "Theory and practices of pollution credit trading in water quality management" is published in the International Library of Critical Writings in Economics, 2008. He has also published extensively about and presented tools for balancing water quality with economic returns on farms. He is currently a member of the newly established water center at CSU called CLEAN and is working on teams to develop water trading tools, on selenium management in the Arkansas Valley and drought resilience in East Africa. Dr. Hoag recently published a book about conservation efficacy in the United States based on a nationwide study: 'How to Build Better Agricultural Conservation Programs to Protect Water Quality: The National Institute of Food and Agriculture-Conservation Effects Assessment Project Experience'.