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| Dietz, Sarah N.; Aulerich, Nicole M.; Irwin, Scott H.; Good, Darrel L.. |
| The purpose of this paper is to investigate the marketing performance of wheat farmers in Illinois and Kansas over 1982-2004. The results show that farmer benchmark prices for wheat in Illinois and Kansas fall in the middle-third of the price range about half to three-quarters of the time. Consistent with previous studies, this refutes the contention that Illinois and Kansas wheat farmers routinely market the bulk of their wheat crop in the bottom portion of the price range. Tests of the average difference between farmer and market benchmark prices are sensitive to the market benchmark considered. Marketing performance of wheat farmers in Illinois and Kansas is about equal to the market if 24- or 20-month market benchmarks are used, is slightly above the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Benchmarks; Illinois; Kansas; Marketing; Performance; Price; Wheat; Agricultural Finance. |
| Ano: 2008 |
URL: http://purl.umn.edu/37622 |
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| Ehmke, Mariah D.; Lusk, Jayson L.; Tyner, Wallace E.. |
| Previous work in experimental economics reveals specific differences in economic behavior, especially reciprocity and free-riding behavior, across cultures. We expand the possible pallet of cross-cultural behavioral differences that may exist. We hypothesize that different kinds of strategic interaction and individual decision-making behaviors differ across locations. The variety of experiments we use allow us to report multidimensional rather than just single dimensional differences in behavior across locations. In order to build a broad Homo Economicus we conducted economic experiments in four dissimilar locations: Hangzhou, China; Niamey, Niger; Grenoble, France; Manhattan, Kansas; and West Lafayette, Indiana. Each subject completed an ultimatum... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Time preference; Risk preference; Voluntary contribution mechanism; Ultimatum bargaining game; Cultural; China; France; Niger; Kansas; Indiana; US; Institutional and Behavioral Economics. |
| Ano: 2005 |
URL: http://purl.umn.edu/19225 |
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