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Cunningham, Lewis T., III; Brorsen, B. Wade; Anderson, Kim B.. |
Years of research have been dedicated to determining the best time for producers to sell their commodities. Researchers have developed basis models, market efficiency tests, hedging/risk models, price forecasting models, and many other models in an attempt to help producers. There is a vast amount of material on how economists believe that a rational producer should act and react in the market place. However, there is little research on how producers actually sell commodities. This paper first measures the extent to which producers display an active or mechanical marketing style using individual farmer sales. Next, tests of performance persistence are conducted to determine if there is any advantage to an active marketing style. The results show that... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries; Marketing. |
Ano: 2004 |
URL: http://purl.umn.edu/19031 |
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Cunningham, Lewis T., III; Brorsen, B. Wade; Anderson, Kim B.. |
There has been considerable normative research about how farmers should make marketing decisions, but little positive research on what farmers really do. Regressions of gender, total volume, timing, and frequency of sales on the average weighted price received are used to test hypotheses regarding gender differences, myopic loss aversion, economies of size, and market efficiency. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2004 |
URL: http://purl.umn.edu/20275 |
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