Mary Hendrickson publishes commentary in The Antitrust Bulletin
Mary Hendrickson, Professor of Sociology and Director of the Interdisciplinary Center for Food Security at the University of Missouri, recently published with coauthors a commentary in The Antitrust Bulletin. Titled “Expectation-Based Fairness in Agricultural Markets: Implications for Antitrust Policy,” the article discusses perceptions of fairness by farmers in the context of two case studies: policy changes to water access rights and the use of dicamba in agricultural areas. Their research demonstrates the feasibility of identifying expectation bases, enabling more objective assessments of unfairness claims, which may have policy implications as it relates to antitrust and competition regulations. The authors note that understanding expectation-based fairness claims can help policy-makers evaluate harms not captured by traditional metrics and design more responsive competition and contract policies.