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Registros recuperados: 30
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A Multi-Period Analysis of Two Common Livestock Management Strategies Given Fluctuating Precipitation and Variable Prices AgEcon
Ritten, John P.; Frasier, W. Marshall; Bastian, Christopher T.; Paisley, Steven I.; Smith, Michael A.; Mooney, Sian.
Many areas of the US recently endured a severe drought and management strategies to cope with the lack of forage production varied. A multi-period mathematical model is presented that estimates the outcomes of two common producer responses to changes in precipitation, partial liquidation and purchasing hay, given fluctuating cattle prices over a long term planning horizon. Results were further summarized with regression analysis and selected elasticities were calculated to reflect the sensitivity of outcomes to variability in precipitation and livestock prices. Although little impact was seen from utilizing additional hay as a strategy during drought, producers who follow this strategy are in a position to market more animals immediately post drought in...
Tipo: Journal Article Palavras-chave: Drought management; Mathematical programming; Herd liquidation; Price cycle; Cattle management; Agribusiness; Agricultural Finance; Farm Management; Livestock Production/Industries; Production Economics; Productivity Analysis; Research Methods/ Statistical Methods; Q12; C61; D24.
Ano: 2010 URL: http://purl.umn.edu/90673
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AJAE Appendix: The Matching Problem (and Inventories) in Private Negotiation AgEcon
Menkhaus, Dale J.; Phillips, Owen R.; Bastian, Christopher T.; Gittings, Lance B..
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 89, Number 4, November 2007.
Tipo: Journal Article Palavras-chave: Industrial Organization.
Ano: 2007 URL: http://purl.umn.edu/7096
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An Estimation of Benefits Associated with the Wyoming State Snowmobile Trails Program AgEcon
May, Juliet A.; Bastian, Christopher T.; Taylor, David T.; Whipple, Glen D..
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/35753
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Can Carbon Find a Home on the Range? AgEcon
Ritten, John P.; Bastian, Christopher T.; Rashford, Benjamin S.; Norton, Jay; Norton, Urszula; Paisley, Steven I.; Burgener, Paul A..
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/92811
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Can Conservation Easements Market Evolve from Emerging to Efficient? AgEcon
Keske, Catherine M.; Hoag, Dana L.; Bastian, Christopher T..
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/92843
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Decoupled Programs, Payment Incidence, and Factor Markets: Evidence from Market Experiments AgEcon
Bastian, Christopher T.; Nagler, Amy M.; Menkhaus, Dale J.; Ehmke, Mariah D.; Whitaker, James B.; Young, C. Edwin.
We use laboratory market experiments to assess the impact of asymmetric knowledge of a per-unit subsidy and the effect of a decoupled annual income subsidy on factor market outcomes. Results indicate that when the subsidy is tied to the factor as a per-unit subsidy, regardless of full or asymmetric knowledge for market participants, subsidized factor buyers distribute nearly 22 percent of the subsidy to factor sellers. When the subsidy is fully decoupled from the factor, as is the case with the annual payment, payment incidence is mitigated and prices are not statistically different from the no-policy treatment.
Tipo: Conference Paper or Presentation Palavras-chave: Laboratory market experiments; Agricultural subsidies; Subsidy incidence; Land market; Ex ante policy analysis; Agricultural and Food Policy; Institutional and Behavioral Economics; Q18; D03; C92.
Ano: 2011 URL: http://purl.umn.edu/104108
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Determinants of Agricultural Landowners’ Willingness to Supply Open Space Through Conservation Easements AgEcon
Miller, Ashley D.; Bastian, Christopher T.; McLeod, Donald M.; Keske, Catherine M.; Hoag, Dana L..
Open space provides a range of benefits to many people of a community, beyond the benefits that accrue to private landowners. Parks and natural areas can be used for recreation; wetlands and forests supply storm-water drainage and wildlife habitat; farms and forests provide aesthetic benefits to surrounding residents. Moreover, undeveloped land can give relief from congestion. Agricultural lands are an important source of open space, but many of these lands are under great development pressure. One tool that is currently being used to aid in the preservation of open space by landowners is conservation easements. The rate of land protection by state and local land trusts has tripled since the beginning of the decade, and the West is the fastest growing...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/6724
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ENDOGENOUS CHOICE OF INSTITUTION UNDER SUPPLY AND DEMAND RISKS IN LABORATORY FORWARD AND SPOT MARKETS AgEcon
Menkhaus, Dale J.; Bastian, Christopher T.; Phillips, Owen R.; O'Neill, Patrick D..
Laboratory methods are used to investigate the impacts of supply and demand risks in a forward market on prices, quantities traded, and earnings when the choice of transacting in a forward or spot market is endogenous. Forward market activity dominates spot trading, with 80-90% of the trades taking place in the forward market regardless of how risk arises. Buyer earnings tend to be higher than earnings for sellers when there is risk. A correspondence exists between risk type and the relative increase in buyer earnings. Buyer earnings increase significantly when demand is random, and also when both supply and demand are random.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 1999 URL: http://purl.umn.edu/30793
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EVOLVING CONSERVATION EASEMENT MARKETS IN THE WEST AgEcon
Hoag, Dana L.; Bastian, Christopher T.; Keske, Catherine M.; McLeod, Donald M.; Marshall, Andrew.
Tipo: Journal Article Palavras-chave: Land Economics/Use.
Ano: 2005 URL: http://purl.umn.edu/27994
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FORWARD CONTRACT INFORMATION IMPACTS ON PRICING AND PRODUCTION EFFICIENCIES IN A SIMULATED FED CATTLE MARKET AgEcon
Bastian, Christopher T.; Koontz, Stephen R.; Menkhaus, Dale J..
As policy makers strive to maintain competitiveness in agricultural markets, the impacts of altering market information sets must be evaluated. An experiment was designed to assess the price and production impacts of forward contract information. Results suggest that this information reduced price level and dispersion. Production efficiency was improved in the spot market.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Marketing.
Ano: 2002 URL: http://purl.umn.edu/36616
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Helping Russian Students See the Invisible Hand AgEcon
Menkhaus, Dale J.; Bastian, Christopher T.; Yakunina, Alla V.; Esipov, Victor E..
Tipo: Conference Paper or Presentation Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 1997 URL: http://purl.umn.edu/35755
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Internalizing Externalities when there are Significant Private Non-Market Rents AgEcon
Keske, Catherine M.; Hoag, Dana L.; Bastian, Christopher T..
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/9722
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Is Agricultural Policy Decoupling against Human Nature? Experimental Evidence of Fairness Expectations’ Contributions to Payment Incidence AgEcon
Ehmke, Mariah D.; Nagler, Amy M.; Menkhaus, Dale J.; Bastian, Christopher T.; Young, C. Edwin.
The objective of this research is to measure individuals’ fairness expectations and relate them to their market behavior in a private-negotiation institution. By doing this, we may inform model parameterization of field data and increase understanding of payment incidence causation. We hypothesize agents will change both their market and UG behavior when the tenant/proposer receives a subsidy following a successful negotiation. We also hypothesize that agents’ market behavior does relate to their fairness expectations in the UG. Two economic experiments were developed to test our hypotheses, a market and an ultimatum bargaining game experiment. We recruited 106 undergraduate students and conducted the experiments in an experimental laboratory using a...
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2010 URL: http://purl.umn.edu/61645
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Long Term Comparison of Alternative Range Livestock Management Strategies Across Extended Droughts and Cyclical Prices AgEcon
Ritten, John P.; Bastian, Christopher T.; Paisley, Steven I.; Smith, Michael A..
Variable precipitation, more importantly drought, impacts profitability for livestock management. Financial outcomes from management decisions related to forage shortages can be exacerbated by price variability. This research examines alternative management strategies to determine the potential profitability and riskiness over a long-term horizon and across various drought event scenarios. Results indicate that late calving can be a promising strategy, but it also can result in higher variability in profits as compared to some of the other strategies analyzed. Retaining ownership of steer calves over the winter, with the option to sell if forage supplies become scarce, outperforms both partial liquidation and summer feeding, and it results in less profit...
Tipo: Journal Article Palavras-chave: Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/96421
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MATCHING AND INVENTORY LOSS RISKS AS FACILITATORS OF MARKET POWER IN PRIVATE NEGOTIATION SPOT TRADING AgEcon
Menkhaus, Dale J.; Phillips, Owen R.; Bastian, Christopher T.; Gittings, Lance B..
This laboratory study investigates the extent to which matching and inventory loss risks contribute to market power in private negotiation trading. Asymmetry in the number of buyers and sellers increases matching risk when exchange is bilateral. The risk of inventory loss can occur from advance production and is common in markets for perishable products. In a buyer concentrated market with bilateral trading, prices are about 23% below the predicted competitive level and close to the monopsony price. These lower prices are the result of tacit coordination enjoyed by buyers resulting from matching and inventory loss risks faced by sellers.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2004 URL: http://purl.umn.edu/20212
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Off-Road Vehicle Recreation in the West: Implications of a Wyoming Analysis AgEcon
Thomas, Foulke; Bastian, Christopher T.; Taylor, David T.; Coupal, Roger H.; Olson, Desiree.
Tipo: Journal Article Palavras-chave: Community/Rural/Urban Development; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/92847
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Out With the Old, In With the New: Are Western Commodity Producers Ready for Buyouts? AgEcon
Nagler, Amy M.; Bastian, Christopher T.; Lubben, Bradley D.; Menkhaus, Dale J..
Tipo: Journal Article Palavras-chave: Agricultural and Food Policy.
Ano: 2008 URL: http://purl.umn.edu/92854
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Ranchers Diverse in Their Drought Management Strategies AgEcon
Bastian, Christopher T.; Mooney, Sian; Nagler, Amy M.; Hewlett, John P.; Paisley, Steven I.; Smith, Michael A.; Frasier, W. Marshall; Umberger, Wendy J..
Tipo: Journal Article Palavras-chave: Farm Management; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/92871
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Risk Management for Ag Families: An Extension Model for Improving Family Business Success AgEcon
Bastian, Christopher T.; Nagler, Amy M.; Hewlett, John P.; Weigel, Randolph R..
A risky business environment for agricultural producers coupled with human risk elements unique to family businesses, points to the need for extension programs that integrate traditional risk management concepts into curriculums focused on the potentially unique educational needs of family farm management teams. Results in this paper indicate that a multi-state, grant funded program entitled "Risk Management for Ag Families" had impact and provides a model that traditional risk management education programs could benefit from.
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty; Teaching/Communication/Extension/Profession.
Ano: 2006 URL: http://purl.umn.edu/21352
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RUSSIAN FOOD SYSTEM IN TRANSITION AgEcon
Yakunina, Alla V.; Esipov, Victor E.; Menkhaus, Dale J.; Bastian, Christopher T..
The evolution of vertical coordination systems and pricing mechanisms in the Russian food system are summarized. The activities in the stages of the food vertical chain during the command economy period were coordinated administratively similar to an integrated firm. Coordination in the food chain has evolved from mostly vertical expansion through quasi integration to mostly vertical mergers, as the Russian economy has started to move toward a more market oriented system. The unique characteristics of the exchange system and the structural nature of agriculture in the potential importing country are important considerations to take into account by exporting agribusiness firms.
Tipo: Journal Article Palavras-chave: Industrial Organization.
Ano: 1998 URL: http://purl.umn.edu/34505
Registros recuperados: 30
Primeira ... 12 ... Última
 

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