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| Registros recuperados: 95 | |
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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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| Pothidee, Ajchara; Allen, Albert J.; Hudson, Darren. |
| This study examined factors that affected the prices of corn and soybean meal and the impact of these prices on market demand and supply for U.S. broilers. An econometric model consisting of four structural equations and one identity was formulated and estimated using quarterly data from 1976 to 1996. One of the results reveals that soybean meal price flexibilities with respect to soybean prices were highly elastic in both the short and long run. This means that changes in soybean prices have a relatively large effect on meal price. In contrast, meal price and oil price moved in opposite directions. An increase in oil price encourages an increase in crushing oilseeds, resulting in an increase in both oil and meal supply. In addition, results... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Demand and Price Analysis. |
| Ano: 1999 |
URL: http://purl.umn.edu/21602 |
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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; 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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| Nalley, Lawton Lanier; Hudson, Darren; Parkhurst, Gregory M.. |
| Location of product origin is an often-used marketing device by retailers. This approach is based on the assumption that location of origin signals something to consumers about the underlying quality (or other attributes) of the product. This can be an effective strategy if the signal matches the consumer valuation of the product after consumption. In the same vein, health advertising is used to increase demand for a product that exhibits "healthy" dietary attributes. While there have been numerous studies examining the potential impacts of these attributes on demand, there have been few rigorous studies that examine the consistency of consumer valuations of location of origin before and after they have actually consumed the product (or before and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
| Ano: 2004 |
URL: http://purl.umn.edu/15791 |
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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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| Registros recuperados: 95 | |
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