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Registros recuperados: 95 | |
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Anderson, John D.; Hudson, Darren; Harri, Ardian; Turner, Steven C.. |
The traditional conception of a thin market based on transactions volume remains relevant in many agricultural markets but does not adequately frame emerging thin market issues. As non-price means of pricing goods becomes more common, some cash commodity markets have become residual markets. In some of these markets, not only the volume of transactions but also the representativeness of transactions to those on the related contract market is an important issue. This paper develops a concept of thin markets that accounts for this dimension of market thinness and proposes a research agenda related to this topic. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
Ano: 2007 |
URL: http://purl.umn.edu/34826 |
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Hudson, Darren; Ethridge, Don E.; Segarra, Eduardo. |
Theory and analysis of price information and its importance have typically assumed that the information is correct. Additionally, most analyses have centered on general price information assuming homogeneous products. This paper examines the implications of incorrect price information on the basis of quality, with evidence from prior research on cotton prices used as an illustration. Results of a conceptual analysis indicate that quality has direct implications on the production and marketing process. Incorrect information on prices of different quality leads to distortions in the market and market inefficiency. |
Tipo: Report |
Palavras-chave: Agricultural and Food Policy; Demand and Price Analysis. |
Ano: 1997 |
URL: http://purl.umn.edu/53174 |
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Couvillion, Warren C.; Kari, Fatimah; Hudson, Darren; Allen, Albert J.. |
The advent of genetically altered seed has had a revolutionary effect on the cotton, soybean, and corn seed industries. The basic premise for the use of these seed are to reduce costs through lower applications of chemicals and savings on trips through the field, thus, lowering production costs. Seed companies, however, charge a premium and a fee for use of the seed. This paper compares the costs associated with conventional and roundup ready soybeans. Data were collected from the ACost of Production@ survey of Mississippi producers that is administered by Mississippi State University through the National Agricultural Statistics Service. The survey is a random sample of producers fields that allows for a derivation of the cost of production for each field.... |
Tipo: Working or Discussion Paper |
Palavras-chave: Soybeans; Genetically altered seed; Roundup ready; Costs of production; Production Economics. |
Ano: 2000 |
URL: http://purl.umn.edu/15783 |
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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; Hite, Diane. |
Precision application technology has been an important topic in agriculture in recent years. This technology has the promise to improve farm management through improved information and control over in-field variability of soil characteristics and productivity. Despite this apparent promise, recent studies have shown that adoption has been low. However, little is known about the adoption of this technology in Mississippi or the reasons for or against adoption as seen through the eyes of the producer. This survey was designed to collect basic information on producer perceptions about precision agriculture technology and to assess potential reasons for or against adoption. |
Tipo: Working or Discussion Paper |
Palavras-chave: Production Economics. |
Ano: 2001 |
URL: http://purl.umn.edu/15787 |
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Brown, Jeff E.; Ethridge, Don E.; Hudson, Darren; Engels, Carlos. |
An automated price reporting system developed through computer technology and hedonic price theory is used to estimate daily cotton market prices, premiums, and discounts. This objective approach for reporting cotton market prices was developed to complement the objective measures of high volume instrument grading of cotton. The computerized, econometric system is limited to the Texas and Oklahoma marketing regions where sales are readily available from electronic markets. The econometric based system has shown all the characteristics of an efficient price reporting system; it is accurate, reliable, consistent, and repeatable in its working process and price estimates. |
Tipo: Journal Article |
Palavras-chave: Computer automation; Cotton marketing; Econometrics; Hedonic price analysis; Price reporting; Crop Production/Industries; Marketing. |
Ano: 1995 |
URL: http://purl.umn.edu/15264 |
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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; Parkhurst, Gregory M.. |
We used a controlled, uniform 5th-price auction to elicit values for sweet potatoes—both when location is known and unknown, and before and after tasting and providing health information. Significant differences were found between pre- and post-consumption valuations and also found that there were significant effects for location of origin and health information. Interestingly, we also find that location of origin not only affects the level of bids, but also the marginal differences in bids between different potatoes. Overall, however, these results suggest little consistency in bid values across information sets, suggesting that attempting to elicit values of attributes in isolation may lead to erroneous results. |
Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics; Demand and Price Analysis. |
Ano: 2006 |
URL: http://purl.umn.edu/7063 |
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Hudson, Darren. |
Contracting in agriculture has increased over the past several decades. This activity has heightened concerns about concentration, market power, and farmer welfare. The purpose of this paper is to describe some of the underlying motivations for contracting and to highlight some of the trade-offs made when making contracting decisions. These illustrations are intended to inform readers of the economic conditions for contracting, not provide empirical evidence of their implications, costs, or benefits. |
Tipo: Working or Discussion Paper |
Palavras-chave: Contracting; Asset specificity; Transaction costs; Farm Management. |
Ano: 2000 |
URL: http://purl.umn.edu/15789 |
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Registros recuperados: 95 | |
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