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Registros recuperados: 11
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Animal Disease Related Pre-event Investment and Post-event Compensation: A Multi-agent Problem AgEcon
Jin, Yanhong H.; McCarl, Bruce A..
We employ a game-theoretic principal agent framework to analyze the individual farmer and governmental behavior pre- and post-animal disease outbreak. We examine the gap between the privately optimal and socially optimal levels of ex ante biosecurity investment and then investigate how a well-designed differentiated compensation scheme can close this gap. Our results also show that the privately optimal investment is generally lower than the first best socially optimal level, and a well-designed differentiated compensation scheme conditional on ex ante biosecurity investment can induce private preventive investment at least greater than the second best socially optimal level when the government face constraints, or even increase approaching the first best...
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2006 URL: http://purl.umn.edu/21216
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Choosing Brands: Fresh Produce versus other Products AgEcon
Jin, Yanhong H.; Zilberman, David; Heiman, Amir.
This study presents a framework to analyze how uncertainty about product attributes affects consumers' WTP for brand name products over generic ones, incorporating key elements of a random utility model and product attribute models. We found that in comparison to electronics, clothing, and processed food, consumers buy brand name vegetables and fruits mainly because of quality uncertainty, and they can easily reduce uncertainty of product quality of fresh vegetables and fruits by seeing, touching, smelling, and tasting. Hence, consumers are less willing to pay for brands of fresh vegetables and fruits. However, simulation results show that brands of fresh fruits and vegetables may have a similar price premium as other products, but they lack the market...
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2005 URL: http://purl.umn.edu/19192
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Contract Pricing and Packer Competition in Fed Cattle Market AgEcon
Park, Moon-Soo; Love, H. Alan; Jin, Yanhong H..
We use a game-theoretical framework to analyze the coexistence of spot and contract markets in the cattle industry. A duopsony scenario with two packers and N feeders is used to reflect the reality in the cattle industry. Our main contribution is to incorporate the risk components and the pricing of hedonic attributes of cattle quality. Our preliminary results show that packers have an incentive to transform bidding strategies in spot markets when a series of hedonic characteristics play some significant roles in establishing cattle prices in contract market. That is, we will show that the effectiveness of contract with TOMP clauses on packer competition in a spot market depends on whether there is a correlation between spot price and hedonic...
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2006 URL: http://purl.umn.edu/21356
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Do Consumers Trust the National Inspection Exemption Brands? Evidence from Infant Formula in China AgEcon
Jin, Yanhong H.; Lin, Liguo; Yao, Lan.
Consumers are often uncertain about product quality and have to rely on different information, either given or pursued, to assess quality. Developing countries may lack institutional and technical resources to rigorously monitor and enforce product quality standards and/or to implement market-based instruments where market failures are common. The information-based instruments on product quality may work well in these countries as they reduce information asymmetry between firms and consumers. This study investigates one particular information-based instrument, the National Inspection Exemption (NIE) system in China. China launched the National Inspection Exemption (NIE) System in various industries in 2000 to award firms who are in compliance with the...
Tipo: Conference Paper or Presentation Palavras-chave: Brand choice; Food safety; Product quality; National inspection exemption; Quality standards; Food Consumption/Nutrition/Food Safety; Institutional and Behavioral Economics.
Ano: 2011 URL: http://purl.umn.edu/103766
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DO NEIGHBORHOOD PARKS AND PLAYGROUNDS REDUCE CHILDHOOD OBESITY? AgEcon
Fan, Maoyong; Jin, Yanhong H..
Promoting physical activity in children is an important front battling Childhood obesity. This paper investigates if and by how much neighborhood parks and playgrounds, one of the most important activity-enhancing neighborhood facilities, affect childhood obesity. We employ a covariate matching technique to analyze the 2007 National Survey of Children Health data. We find that neighborhood parks and playgrounds make children more fit. The reduction in body mass index (BMI) as well as the overweight or obesity risk is both statistically and economically significant. We also find that the park impact depends on gender, age, race, income, neighborhood safety, and other neighborhood amenities. The results suggest that a provision of neighborhood parks and...
Tipo: Presentation Palavras-chave: CHILDHOOD OBESITY; NEIGHBORHOOD AMENITY; PARK/PLAYGROUND; MATCHING; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; I18 I38 R53.
Ano: 2012 URL: http://purl.umn.edu/123421
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Economics of Homeland Security: Carcass Disposal and the Design of Animal Disease Defense AgEcon
Jin, Yanhong H.; Haung, Wei; McCarl, Bruce A..
In an effort to bolster confidence and protect the nation the U.S. government through agencies like the Department of Homeland Security is identifying vulnerabilities and evolving strategies for protection. Agricultural food supply is one identified vulnerable area, and animal disease defense is one of the major concerns there under. Should an outbreak of animal disease occur, it is likely to have a mass slaughter and disposal of animal carcasses. The current existing policy, mainly including slaughter policy and strict movement bans, may be not sufficient to control disease spread at reasonable cost. We address the issue modeling vaccination as a supporting strategy with later slaughter of animals and argue that vaccination can decrease slaughter and...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2005 URL: http://purl.umn.edu/19286
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OWNERSHIP AND INDUSTRIAL POLLUTION CONTROL: EVIDENCE FROM CHINA AgEcon
Wang, Hua; Jin, Yanhong H..
This study explores the differences in pollution control performances of industrial enterprises with various ownerships in China - State owned (SOE), collectively or community owned (COE), privately owned (POE), foreign directly invested (FDI) companies as well as joint ventures. A survey was conducted of approximately 1000 industrial firms in three provinces in China, which collects the detailed firm-level information in the year of 1999. Personal interviews of enterprises managers were also conducted in these samples, and subjective information was collected. Analyses have been performed on the differences in receiving and reacting to environmental regulatory enforcement, community pressure, environmental services, and internal environmental management...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2002 URL: http://purl.umn.edu/19671
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Privatization, Public R&D Policy, and Private R&D Investment in China's Agriculture AgEcon
Hu, Ruifa; Liang, Qin; Pray, Carl E.; Huang, Jikun; Jin, Yanhong H..
Private R&D is a major source of innovation and productivity growth in agriculture worldwide. This paper examines trends and determinants of agricultural R&D in China. Results show that while the public sector monopolized agricultural research until recently, private agricultural R&D has grown rapidly since 2000, driven largely by agribusiness privatization. Public-sector R&D investments in basic research also encouraged private R&D research, but public investments in technology development crowded out private R&D investment. China’s private R&D investment would grow more rapidly if the government shifted public resources from technology development to basic research.
Tipo: Journal Article Palavras-chave: Agriculture; China; Private R&D; Privatization; Public R&D; Research and Development/Tech Change/Emerging Technologies.
Ano: 2011 URL: http://purl.umn.edu/117213
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THE BUZZ IN THE PITS: LIVESTOCK FUTURES' RESPONSE TO A RUMOR OF FOREIGN ANIMAL DISEASE AgEcon
Hagerman, Amy D.; Jin, Yanhong H..
Tipo: Conference Paper or Presentation Palavras-chave: Financial Economics.
Ano: 2009 URL: http://purl.umn.edu/49493
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The Impacts of Animal Disease Crises on the Korean Meat Market AgEcon
Park, Moon-Soo; Jin, Yanhong H.; Bessler, David A..
Employing the error correction method and historical decomposition with direct acyclic graphs, we quantify the impacts of domestic and oversea animal disease crises on the Korean meat markets. We find that (a) the market partially recovered 16 months after the foot-and-mouth outbreak in 2000, and 13 months after the avian influenza and the U.S. BSE incidents in 2003; (b) animal disease outbreaks have differentiate impacts by disease type and supply chain level. Retailers likely to have windfall profits as the retail price margin increased relative to the farm and wholesale levels; and (c) disease outbreaks affect dynamic price interdependence.
Tipo: Conference Paper or Presentation Palavras-chave: Animal disease outbreak; Error correction model; Direct acyclic graphs; Korean meat market; Historical Decomposition; Price margins; Livestock Production/Industries; C32; Q11; L11.
Ano: 2008 URL: http://purl.umn.edu/6365
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The Value of Transportation for Improving the Quality of Life of the Rural Elderly AgEcon
Israel, Alicia; Mjelde, James W.; Dudensing, Rebekka M.; Cherrington, Linda; Jin, Yanhong H.; Chen, Junyi.
When an elderly individual living in a rural community is no longer able to drive, issues that come with living in an isolated area (i.e. limited access to health and personal services, distance between home and town centers) are exaggerated and the individual may experience a decrease in their quality of life. Public transportation that supports elderly individuals may be an important issue for rural communities to consider in creating an aging-friendly community and maintaining quality of life for residents who are no longer able to drive. The purpose of this research is to obtain an understanding of opinions about public transportation for the elderly held by rural county residents and their WTP for transportation options through an additional vehicle...
Tipo: Presentation Palavras-chave: Elderly Transportation; Rural Transportation; Rural Elderly; Rural Quality of Life; Community/Rural/Urban Development.
Ano: 2012 URL: http://purl.umn.edu/119667
Registros recuperados: 11
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