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Registros recuperados: 49 | |
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Koontz, Stephen R.; Hoag, Dana L.; Brethour, John R.; Walker, Jodine L.. |
The cattle industry batch markets animals in pens. Because of this, animals within any one pen can be both underfed and overfed. Thus, there is a production inefficiency associated with batch marketing. We simulate the value of sorting animals through weight and ultrasound measurements from original pens into smaller alternative marketing groups. Sorting exploits the production inefficiency and enables cattle feeding enterprises to avoid meat quality discounts, capture premiums, more efficiently use feed resources, and increase returns. The value of sorting is between $15 and $25 per head, with declining marginal returns as the number of sort groups increases. |
Tipo: Journal Article |
Palavras-chave: Cattle feeding; Production efficiency; Simulation; Sorting; Value-based marketing; Ultrasound; Agribusiness; Livestock Production/Industries; Marketing; Research and Development/Tech Change/Emerging Technologies; C15; D21; D23; Q12. |
Ano: 2008 |
URL: http://purl.umn.edu/47266 |
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Cabo, Paula; Rebelo, Joao. |
Over the last decade Portuguese Agricultural Credit Cooperatives (ACCs) have increasingly face survival challenges related to their difficulty in gathering equity. The main source of ACCs equity is the net benefit; thus, understanding how ACCs governance can work on correcting bad economic performance is of crucial importance to overcome this constraint. The main objective of this paper is to describe the governance control mechanisms in the ACCs. Five governance mechanisms are identified: board and chairman change (internal mechanisms), central ACC intervention by an agent or by management board replacement and merger. Empirical analysis proved that the internal governance mechanisms activity is not related to the ACC performance. Additionally: (a) ACCs... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Cooperatives; Credit; Governance; Multinominal logit; Agricultural Finance; D23; L29. |
Ano: 2005 |
URL: http://purl.umn.edu/24623 |
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Mondelli, Mario P.; Zylbersztajn, Decio. |
What are the determinants of the commercial channel choice in the beef producers-processors transactions? The question refers to the coordination and production control problem associated to changes in consumer’s awareness of specific attributes in food products. Two contractual arrangements coexist in this transaction: direct-contracting and broker-induced transactions Transaction Cost Economic offers helpful insights to understand the reason for the development and adaptations of different contractual arrangement moved by transaction cost economizing perspective. The empirical analysis is focused in the Uruguayan beef agro-industrial system. Analysis integrates (i) institutional and organizational changes in the beef industry; (ii) based on the analysis... |
Tipo: Journal Article |
Palavras-chave: Vertical Coordination; Beef System; Contractual arrangement; Transaction Cost Economics; Agribusiness; D23; L14; Q13. |
Ano: 2008 |
URL: http://purl.umn.edu/61237 |
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Ahearn, Mary Clare; Korb, Penelope J.; Banker, David E.. |
This paper examines the industrialization process of U.S. agriculture by examining the trends in the number of farms, the concentration of production during the last decade, and the dynamics of farm survivability, entry, and exit underlying aggregate statistics. We next examine vertical coordination as part of the industrialization process and highlight contracting in the poultry industry. The analysis provides evidence that production is continuing to be concentrated on a smaller number of farms at a relatively rapid rate, in spite of the stability in the number of farms. Although contracting clearly dominates the broiler industry, it is less prevalent in egg and turkey production, where other forms of vertical coordination are likely established. |
Tipo: Journal Article |
Palavras-chave: Broilers; Contracting; Eggs; Industrialization; Poultry; Structural change; Turkeys; Vertical integration; D23; D40; L11; L14 L22; L23; Q12. |
Ano: 2005 |
URL: http://purl.umn.edu/43511 |
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Zylbersztajn, Decio; Nadalini, Lygia B.. |
Three hundred small tomato growers located in Brazilian northeast states, supplied a processing industry. In view of the large number of contract hazards and weak enforcement of clauses, managers have decided to move to the Midwest, where a reduced number of larger farmers have been contracted. The industry blamed high transaction costs due to the weak mechanism of public enforcement of property rights. The industry blamed some farmers of selling the product at the market for fresh consumption. Also, farmers blamed the industry for taking advantage of asymmetric information related to quality. This study presents an analysis of contract architecture and an evaluation of effects of transaction costs related variables on the likelihood of contract breaches.... |
Tipo: Journal Article |
Palavras-chave: Agro-food governance; Transaction costs and strategy; Agroindustry contracts.; Agribusiness; D23; L23. |
Ano: 2007 |
URL: http://purl.umn.edu/61922 |
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Suman, Elena. |
The objective of the paper is to consider the applicability of the behavioral and personality assessment instruments in recruitment, appraisal and development of organization’s teams’ effectiveness. It discusses the application of several widely accepted instruments: extended DiSC, MBTI and Belbin on the basis of the function to build the effective team. Each of the instruments provides insight into the team from the unique perspective and thus helps identifying team’s strong and weak points. This constitutes important learning points for the improvement of the team effectiveness. The paper’s major conclusion is that the combined use of the these instruments improves the quality of the managerial decision making concerning setting up and the developing of... |
Tipo: Journal Article |
Palavras-chave: Effective team; Organization; Management; DiSC; Myers-Briggs Type Indicator.; Labor and Human Capital; D23; M12. |
Ano: 2009 |
URL: http://purl.umn.edu/94586 |
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Busse, Matthias. |
The globalisation of the world economy increases international competition among companies. However, not all industries will be affected by the same extent. The degree of globalisation of an industry will be particularly influenced by the level of transaction costs. Low transaction costs will lead to globalised markets, high transaction costs to segmented markets. On the other hand, one has to consider heterogeneous consumer preferences and product differentiation as two additional factors of influence as well as the fact that transaction costs can only be roughly calculated. If these limitations are kept in mind, transaction costs could be of great importance for competition policy in determining the degree of international competition among firms. Die... |
Tipo: Working or Discussion Paper |
Palavras-chave: Transaction costs; Trade; Competition policy; International Relations/Trade; F00; F13; D23. |
Ano: 2001 |
URL: http://purl.umn.edu/26144 |
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Hansen, Kristiana; Kaplan, Jonathan D.; Kroll, Stephan. |
Risk and reliability dominate water supply discussions in the arid western United States in light of increasing demand and finite, weather-dependant supply. Thus water agencies increasingly turn to contractual mechanisms such as dry-year options to manage supply risk in advance of need. Although a few water agencies across the West have implemented dry-year options, sufficient data for conventional econometric analysis do not yet exist. We thus utilize experimental economics to analyze the effect of annual dry-year options on water markets. We consider how market structure (competitive versus monopsony power) and option contract availability affect water price and allocation within a market and find that realized gains from trade are on average higher when... |
Tipo: Working or Discussion Paper |
Palavras-chave: Resource /Energy Economics and Policy; D23; L22; Q25. |
Ano: 2008 |
URL: http://purl.umn.edu/108722 |
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van Kooten, G. Cornelis. |
Activities that remove CO2 from the atmosphere and store it in forest and agricultural ecosystems can generate CO2-offset credits that can thus substitute for CO2 emissions reduction. Are biological CO2-uptake activities competitive with CO2 offsets from reduced fossil fuel use? In this paper, it is argued that transaction costs impose a formidable obstacle to direct substitution of carbon uptake offsets for emissions reduction in trading schemes, and that separate caps should be set for emissions reduction and sink-related activities. While a tax/subsidy scheme is preferred to emissions trading for incorporating biologically-generated CO2 offsets, contracts that focus on the activity and not the amount of carbon sequestered are most likely to lead to the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Carbon sequestration; Transaction costs; Climate change; Environmental Economics and Policy; Land Economics/Use; Q54; Q23; Q42; H23; D23. |
Ano: 2008 |
URL: http://purl.umn.edu/45505 |
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Registros recuperados: 49 | |
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