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Registros recuperados: 95 | |
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Hudson, Darren. |
The roots and uses of economic experiments in problem solving and hypothesis testing are explored in the present article. The literature suggests that the primary advantage of economics experiments is the ability to use controlled stimuli to test economic hypotheses. Other literature also suggests that experiments are useful in problem solving settings. The advantages and disadvantages of experiments are discussed. |
Tipo: Journal Article |
Palavras-chave: Experiments; Problem solving; Hypothesis testing; C81; C91; C92; C93. |
Ano: 2003 |
URL: http://purl.umn.edu/43209 |
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Hudson, Darren. |
This analysis presents the results of a survey of agricultural producers in Mississippi regarding their use of contracting. The study focuses on cross-commodity differences in contracting and the variable underlying contracting. Logistic regression models are used to examine the impacts of variables coming from transactions cost economics and risk on contracting decisions. Support is found for the effects of transactions cost, but price risk is not found to be an important determinant of contracting decisions. |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 2001 |
URL: http://purl.umn.edu/15800 |
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Isengildina, Olga; Hudson, Darren. |
Few farmers utilize futures and options markets to price their crops despite significant educational efforts. This study seeks to analyze producer hedging behavior within the framework of the overall marketing behavior. Producer marketing behavior is modeled as a simultaneous choice between cash sales, cooperative marketing and forward contracts, and hedging. A multinomial logit model is used for empirical estimation using data from a survey administered to a sample of cotton producers from across the U.S. The most important factors that explain the use of forward pricing by cotton producers are producer preferences, farm size, use of crop insurance, risk aversion, income from government payments and off-farm income. Risk aversion, off-farm income, crop... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries; Marketing. |
Ano: 2001 |
URL: http://purl.umn.edu/18970 |
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Ethridge, Don E.; Hudson, Darren. |
Criteria for admission to graduate programs are used by departments and graduate schools to identify characteristics assumed to be associated with “success”. They allow for more uniformity in student ability and preparation so graduate education is more efficient. This study analyzes the relationship between selected student characteristics and experience and two proxies for “success”—graduate GPA and the probability of completing an Agricultural Economics graduate program. Data are from past students in the Department of Agricultural Economics at Texas Tech University. Statistical differences among the means of student characteristics were evaluated, a regression model was estimated to predict graduate GPA, and a logistical regression was estimated to... |
Tipo: Journal Article |
Palavras-chave: Graduate admissions; GRE scores; GPA; Logistical regression; Agribusiness; Teaching/Communication/Extension/Profession. |
Ano: 1996 |
URL: http://purl.umn.edu/90394 |
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Nalley, Lawton Lanier; Hudson, Darren. |
Uniform auctions are commonly used to elicit willingness to pay for new or novel products, product attributes, or non-market goods. However, most auctions or other contingent-valuation techniques do not allow for negative values, despite the fact that many consumers hold negative values for these products or product attributes. We conducted a WTP auction for a new product along with a within-sample WTA second auction allowing for negative responses. We find that failing to allow for negative values significantly inflates willingness to pay estimates and estimates of expected market share. This paper provides a method of incorporating negative values into auctions and willingness to pay elicitation. |
Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety. |
Ano: 2009 |
URL: http://purl.umn.edu/99790 |
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Hudson, Darren; Ethridge, Don E.. |
The implications of and export tax on sectoral economic growth in the cotton and yarn sectors in Pakistan are examined. Pakistan utilized an export tax on raw cotton fiber from 1988-1995 in order to lower input cost to domestic yarn spinners. The growth effects are simulated based on the results of a structural econometric model. Simulation results show that the export tax had a significant adverse impact on growth in the raw fiber sector. The lower input cost as a result of the tax, however, did not appear to stimulate growth in the yarn sector over what would have occurred without the policy. |
Tipo: Report |
Palavras-chave: Agricultural and Food Policy. |
Ano: 1998 |
URL: http://purl.umn.edu/53164 |
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Registros recuperados: 95 | |
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