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Resende Filho, Moises de Andrade. |
This article investigates the potential gains to the U.S. meat sector with the implantation of the U.S. National Animal Identification System (NAIS). The focus is on the effect that the NAIS could have on consumers’ risk perception about eating meat. System of demand equations are estimated using time series of food safety indexes variables used as proxies for consumers’ reactions to news on meat safety issues. The series of food safety indexes are built on the basis of the number of food safety news reported in top U.S. newspapers. Using the preferred model estimates, three scenarios are constructed in order to account for the cases wherein the NAIS is not implemented, is implemented only for beef and is implemented for beef and pork. The differences in... |
Tipo: Journal Article |
Palavras-chave: Animal identification system; Food safety; System of demand equations; Meat industry; USA.; Agribusiness; C22; Q11; Q13; Q18.. |
Ano: 2008 |
URL: http://purl.umn.edu/61199 |
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Resende Filho, Moises de Andrade. |
The principal-agent model can be more often employed as a conceptual framework for studies in the fields of economics and finance. This article presents real examples in which this theoretical model fits well. It is admitted that the complexity of this type of model can be a barrier to its use. Therefore, it is presented a typical principal-agent model that is simple enough to make it possible to find an analytical solution to the problem. It is shown, relying on the model’s closed-form solution, that moral hazard, in general, lowers efforts by the agent and expected profit for the principal. In fact, it is argued that the consequences of moral hazard would be even worst if no incentive mechanism were in place. Furthermore, it is shown that the greater are... |
Tipo: Journal Article |
Palavras-chave: Principal-agent model; Incentive mechanisms; Theory of firm; Theory of organizations; Institutional and Behavioral Economics. |
Ano: 2008 |
URL: http://purl.umn.edu/53873 |
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Resende Filho, Moises de Andrade; Araujo, Felipe Augusto de; Barros, Emanoel de Souza; Silva, Alexandre Stamford Da. |
O aumento da pressão sobre os recursos hídricos tem levado muitos países a reconsiderarem os mecanismos utilizados na indução do uso eficiente da água. Isso é especialmente verdade para a agricultura irrigada, uma das principais consumidoras de água. Estabelecer o preço correto da água é um dos mecanismos de tornar mais eficiente a alocação da água. Contudo, precificar a água ainda é uma tarefa polêmica. Assim, o presente estudo aplica o método paramétrico de estimação de uma função insumo-distância na obtenção do preço-sombra ou disposição da firma a pagar por uma unidade adicional de água. São utilizados dados sobre a produção, área irrigada, utilização de insumos diversos, mão-de-obra, capital e volume de água obtidos de 41 unidades produtivas... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Disposição a pagar pela água; Precificação da água; Programação linear; Willingness to pay for water; Water pricing; Linear programming; Crop Production/Industries; Resource /Energy Economics and Policy. |
Ano: 2008 |
URL: http://purl.umn.edu/112738 |
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