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INFORMATION, EFFICIENCY AND WELFARE IN AGRICULTURAL MARKETS AgEcon
Jensen, Robert T..
Information and communications technologies (ICTs) have spread rapidly in the developing world. There has been considerable interest in the potential role ICTs, particularly mobile phones, have begun to play in the marketing of agricultural outputs in these countries. In this paper, we discuss the potential impacts ICTs may have on welfare, both in terms of potential efficiency gains (via improved arbitrage), and welfare transfers among agents in the supply chain (via reduced informational asymmetries and market power). We also review the recent empirical evidence for such effects.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2009 URL: http://purl.umn.edu/53206
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An American BSE Crisis: Has it affected the Value of Traceability and Country-of-Origin Certifications for US and Canadian Beef? AgEcon
Ward, Ruby A.; Bailey, DeeVon; Jensen, Robert T..
With a BSE incident in the United States (US) in December of 2003, questions arose about the effect of the incident on consumers in the US. The purpose of this paper is to determine if traceability systems for beef can help preserve consumer demand following the discovery of BSE. Auctions were conducted approximately 3 weeks before and after the December 2003 BSE incident in the U.S It was found that overall there was no effect on the size of the bribes needed by the BSE incidence. However, for some groups there were important changes. The results indicate that information about traceability and country of origin is valuable to consumers. They also suggest that greater uncertainty about certifications and assurances for beef existed among the participants...
Tipo: Journal Article Palavras-chave: BSE; Traceability; Country-of-origin; Beef market; Auctions; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/8160
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