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A TALE OF TWO PREMIUMS- EXAMINING BIDS FROM A MULTIPLE ROUND VICKREY AUCTION WITH DIFFERING INFORMATION SETS 31
Hurley, Sean P.; Kliebenstein, James B..
Two definitions of willingness-to-pay derived from a Vickrey auction with multi-product and multiple rounds with different information sets are examined. These definitions are examined in the context of valuing pork products with embedded environmental attributes and we show how information can have adverse effects on a base product of comparison.
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2003 URL: http://purl.umn.edu/22192
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ADJUSTMENTS OF MIDWEST GRAIN FARM BUSINESSES IN RESPONSE TO INCREASES IN PETROLEUM ENERGY PRICES 31
Kliebenstein, James B.; Chavas, Jean-Paul.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Resource /Energy Economics and Policy.
Ano: 1977 URL: http://purl.umn.edu/30520
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AN ANALYSIS OF OCCUPATIONAL HEALTH IN PORK PRODUCTION 31
Hurley, Terrance M.; Kliebenstein, James B.; Orazem, Peter F..
The rapid expansion of large-scale pork production has been accompanied by increasing concerns regarding potential detrimental consequences of environmental hazards on the health of producers. This study makes use of health indicators obtained from attendees at the World Pork Expo between 1991 and 1995 to evaluate the impact of pork production generally and of confinement production, specifically, on producer health. The analysis expands existing studies because the larger number of participants allows for detailed analysis, both nonfarmers and non-pork farmers are used as controls, both objective as well as self-reported health measures are considered, and personal characteristics such as height, weight, age, gender, smoking habits, and years of exposure...
Tipo: Working or Discussion Paper Palavras-chave: Labor and Human Capital; Livestock Production/Industries.
Ano: 1996 URL: http://purl.umn.edu/18278
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An Examination of Additively Separable Willingness-To-Pay for Environmental Attributes: Evidence from a Pork Experiment 31
Hurley, Sean P.; Kliebenstein, James B..
This paper examines what is the best method for pork producers to market pork products with environmental attributes. The objective is to examine evidence of whether it is beneficial for pork producers to incorporate multiple environmental attributes into a single product or sell multiple products with a single environmental attribute.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/19370
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ASSESSMENT OF RISK WHEN CONTRACT CROPS ARE INCLUDED AMONG OTHER CROP ALTERNATIVES 31
Kliebenstein, James B.; Scott, John T., Jr..
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Risk and Uncertainty.
Ano: 1975 URL: http://purl.umn.edu/29507
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Business Organization and Coordination in Marketing Specialty Hogs: A Comparative Analysis of Two Firms from Iowa 31
Hueth, Brent; Ibarburu, Maro A.; Kliebenstein, James B..
We study business organization and coordination of specialty-market hog production using a comparative analysis of two Iowa pork niche-marketing firms. We describe and analyze each firm's management of five key organizational challenges: planning and logistics, quality assurance, process verification and management of "credence attributes," business structure, and profit sharing. Although each firm is engaged in essentially the same activity, there are substantial differences across the two firms in the way production and marketing are coordinated. These differences are partly explained by the relative size and age of each firm, thus highlighting the importance of organizational evolution in agricultural markets, but are also partly the result of a formal...
Tipo: Working or Discussion Paper Palavras-chave: Specialty hogs; Coordination; Contracting; Organizational design; Niche markets; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/18340
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CHANGES IN THE STRUCTURE OF WAGES IN THE U.S. PORK INDUSTRY 31
Hurley, Terrance M.; Orazem, Peter F.; Kliebenstein, James B..
Consolidation in the U.S. pork industry continues to reduce the number of operations, while increasing the demand for hired labor. This paper explores how wages have evolved over time by decomposing the increase in wages into a change in the level of wages, human capital, and returns to human capital.
Tipo: Conference Paper or Presentation Palavras-chave: Labor and Human Capital; Livestock Production/Industries.
Ano: 2000 URL: http://purl.umn.edu/21744
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Chapter 06: EXPERIMENTAL AUCTIONS TO MEASURE WILLINGNESS TO PAY FOR FOOD SAFETY 31
Fox, John A.; Shogren, Jason F.; Hayes, Dermot J.; Kliebenstein, James B..
This book was originally published by Westview Press, Boulder CO, 1995.
Tipo: Book Chapter Palavras-chave: Food safety; Experimental economics; Auctions; Willingness to pay; Food Consumption/Nutrition/Food Safety.
Ano: 1995 URL: http://purl.umn.edu/25986
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COST OF ORGANIC PORK PRODUCTION: A SEASONAL ANALYSIS AND NEEDED PRICE PREMIUM FOR CONTINUOUS PRODUCTION 31
Kliebenstein, James B.; Hurley, Sean P.; Larson, Ben; Honeyman, Mark.
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 2004 URL: http://purl.umn.edu/18216
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COST OF ORGANIC PORK PRODUCTION: A SEASONAL ANALYSIS AND NEEDED PRICE PREMIUM FOR CONTINUOUS PRODUCTION 31
Kliebenstein, James B.; Hurley, Sean P.; Larson, Ben; Honeyman, Mark.
Niche markets of agricultural products are experiencing rapid growth. One such market is organic pork. Organic production typically demands specific production conditions that can be cost increasing. This study evaluates the cost of organic pork production, seasonal differences in costs, and premiums necessary to induce continuous organic pork production. In the past few years, niche marketing has been a rapidly growing phenomenon in agriculture. One area that has experienced dramatic growth is the production of organic products. Organic production typically brings with it specific conditions on how the product is produced. These can impact the cost structure of the business and in turn, needed premiums for economic production. One of these niche...
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2004 URL: http://purl.umn.edu/20415
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Economic Analysis of Increased Levels of Intramuscular Fat in Pork: Producer and Industry Opportunities 31
Kliebenstein, James B.; Ibarburu, Maro A.; Lawrence, John D.; Baas, Thomas J.; Prusa, Kenneth; Hanson, Kathy; Fedler, Chris; Wilson, Doyle.
Ultrasound technology is available for accurately measuring intramuscular fat (IMF) in live pigs. This report provides information on the costs for pig producers and processors to implement this technology and what consumers are willing to pay for pork with improved levels of intramuscular fat. About half the participants in the willingness to pay study preferred the high IMF chop. They paid a premium of 25 percent over the low IMF chop.
Tipo: Conference Paper or Presentation Palavras-chave: Ultrasound technology; Measure intramuscular fat live pigs; Pig producer cost; Pig processor costs; Consumer willingness to pay; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Farm Management; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Marketing.
Ano: 2010 URL: http://purl.umn.edu/60919
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ENERGY-RELATED INPUT DEMAND BY CROP PRODUCERS 31
Kliebenstein, James B.; McCamley, Francis P..
Tipo: Journal Article Palavras-chave: Demand and Price Analysis; Resource /Energy Economics and Policy.
Ano: 1983 URL: http://purl.umn.edu/30146
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Estimating Willingness to Pay Using a Polychotomous Choice Function: An Application to Pork Products with Environmental Attributes 31
Hurley, Sean P.; Miller, Douglas J.; Kliebenstein, James B..
Bid data from a Vickrey auction for pork chops with embedded environmental attributes were analyzed. It was found that approximately 62% of the participants had a positive WTP for the most "environmentally friendly" package of pork. Thirty percent of the participants had no WTP, and 8% had a negative WTP. A polychotomous choice model was used to accommodate data having an anchoring point within the distribution of the data. Standard variables found in the WTP literature coupled with this model were used to predict participants who were premium payers and non-premium payers using an estimated ordered probit equation.
Tipo: Journal Article Palavras-chave: Anchoring points; Environmental attributes; Ordered probit; Polychotomous choice functions; Pork; Vickrey auction; Willingness to pay; Consumer/Household Economics; Demand and Price Analysis.
Ano: 2006 URL: http://purl.umn.edu/8618
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ESTIMATING WILLINGNESS-TO-PAY USING A POLYCHOTOMOUS CHOICE FUNCTION: AN APPLICATION TO PORK PRODUCTS WITH ENVIRONMENTAL ATTRIBUTES 31
Hurley, Sean P.; Miller, Douglas J.; Kliebenstein, James B..
This paper utilizes a polychotomous choice function to investigate the relationship between socioeconomic characteristics and willingness-to-pay for embedded environmental attributes. Specifically, a two-stage estimation procedure with an ordered probit selection rule is used to predict the premium payers and the magnitude of the premium they are willing to pay.
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2004 URL: http://purl.umn.edu/19924
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EXPERIMENTAL METHODS IN CONSUMER PREFERENCE STUDIES 31
Fox, John A.; Hayes, Dermot J.; Shogren, Jason F.; Kliebenstein, James B..
Controlled experimental auctions can be used to elicit preferences for food products. We describe results from two series of experiments in which subjects revealed their willingness-to-pay for safer food. In one series, the risk reduction technology was not specified; in the other, it was identified as food irradiation. The results provide some evidence on the acceptability of food irradiation as a risk reduction technology.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics.
Ano: 1996 URL: http://purl.umn.edu/27070
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Firm Size, Technical Change and Wages: Evidence from the Pork Sector from 1990-2005 31
Yu, Li; Hurley, Terrance M.; Kliebenstein, James B.; Orazem, Peter F..
A long-standing puzzle in labor economics has been the positive relationship between wages and firm size. Even after controlling for worker's observed characteristics such as education, work experience, gender, and geographic location, a significant firm size wage effect averaging 15 percent remains. This paper investigates whether the size-wage premium on hog farms persists over time and whether the magnitude is growing or shrinking. The paper pays particular attention to the matching process by which workers are allocated to farms of different size and technology use, and whether the matching process may explain differences in wages across farms. The study relies on four surveys of employees on hog farms collected in 1990, 1995, 2000, and 2005. The...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Livestock Production/Industries.
Ano: 2007 URL: http://purl.umn.edu/9991
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FIRM SIZE, TECHNICAL CHANGE AND WAGES IN THE PORK SECTOR, 1990 -2005 31
Yu, Li; Hurley, Terrance M.; Kliebenstein, James B.; Orazem, Peter F..
Economists have long puzzled over the fact that large firms pay higher wages than small firms, even after controlling for worker's observed productive characteristics. One possible explanation has been that firm size is correlated with unobserved productive attributes which confound firm size with other productive characteristics. This study investigates the size-wage premium in the context of firms competing within a single market for a relatively homogeneous product: hogs. We pay particular attention to the matching process by which workers are linked to farms of different size and technology use, and whether the matching process may explain differences in wages across farms. The study relies on four surveys of employees on hog farms collected in 1990,...
Tipo: Working or Discussion Paper Palavras-chave: Agribusiness; Labor and Human Capital; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6138
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IDENTIFYING THE SET OF SSD-EFFICIENT MIXTURES OF RISKY ALTERNATIVES 31
McCamley, Francis P.; Kliebenstein, James B..
Target MOTAD and other direct utility-maximization models provide one way of computing SSD-efficient mixtures. These models are appropriate when the utility function is known and can also be used to identify part of the set of SSD-efficient mixtures even when the utility function is not known. However, they do not always identify all SSD-efficient mixtures. A grid method was proposed by Bawa, Lindenberg, and Rafsky. A third approach, which extends the work of Dybvig and Ross, is presented here. It is illustrated by applying it to data from Anderson, Dillon, and Hardaker.
Tipo: Journal Article Palavras-chave: Risk and Uncertainty.
Ano: 1987 URL: http://purl.umn.edu/32468
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IMPACTS OF PST ON OPTIMAL PRODUCTION AND MARKETING DECISIONS OF A GROW-FINISH HOG FARM OPERATION 31
Govindasamy, Ramu; Liu, Donald J.; Kliebenstein, James B..
This paper examines the impact of PST on the optimal production/marketing decisions of a grow-finish hog farm operation. The analysis evaluates PST from three angles: the feed efficiency effect, the leaner meat price effect, and the aggregate-supply-induced price effect. When limited to the feed efficiency effect only, the primary response to the new technology is to increase the animal turnover rate of the operation. When the leaner meat price effect is also included, marketing weight increases while turnover rate remains relatively unchanged. Additionally, if the increased aggregate supply depressed the market price by more than 10%, the benefits from improved feed efficiency and learner meat will be completely dissipated. Aggregate price...
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1993 URL: http://purl.umn.edu/31544
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INTERPRETING BIDS FROM A VICKREY AUCTION WHEN THERE ARE PUBLIC GOOD ATTRIBUTES 31
Hurley, Sean P.; Kliebenstein, James B..
This paper provides a model that allows for interpreting bids in a Vickrey auction when the good has public good attributes. It also examines information obtained from a Vickrey auction, which collected consumer's willingness-to-pay for pork products that had embedded environmental attributes, and applies the new interpretation to the bids.
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2003 URL: http://purl.umn.edu/21965
Registros recuperados: 30
Primeira ... 12 ... Última
 

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