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MARKET INSTITUTIONS, TRANSACTION COSTS, AND SOCIAL CAPITAL IN THE ETHIOPIAN GRAIN MARKET AgEcon
Gabre-Madhin, Eleni Z..
This report addresses the overarching question regarding the role of institutions in enhancing market development following market reforms. It uses the New Institutional Economics framework to empirically analyze the role of a specific market institution, that of brokers acting as intermediaries to match traders in the Ethiopian grain market in reducing the transaction costs of search faced by traders. Brokers play a key role in facilitating exchange in a weak marketing environment where limited public market information, the lack of grain standardization, oral contracts, and weak legal enforcement of contracts increase the risk of contract failure. Relying on primary data, it analyzes traders' microeconomic behavior, social capital, the nature and extent...
Tipo: Report Palavras-chave: Institutional and Behavioral Economics.
Ano: 2001 URL: http://purl.umn.edu/16540
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DISCUSSION ON SOCIAL CAPITAL AgEcon
Gardner, B. Delworth.
Tipo: Journal Article Palavras-chave: Institutional and Behavioral Economics.
Ano: 1995 URL: http://purl.umn.edu/15335
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Academic Perspectives on Agribusiness: An International Survey AgEcon
Detre, Joshua D.; Gunderson, Michael A.; Oliver Peake, Whitney; Dooley, Frank J..
The IFAMR is published by (IFAMA) the International Food and Agribusiness Management Review. www.ifama.org
Tipo: Article Palavras-chave: Promotion and tenure; Agribusiness; Teaching; Grantsmanship; Research; Agribusiness; Institutional and Behavioral Economics; Productivity Analysis; Teaching/Communication/Extension/Profession; Q130.
Ano: 2011 URL: http://purl.umn.edu/119979
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Cross-racial Envy and Underinvestment in South Africa AgEcon
Haile, Daniel; Sadrieh, Karim; Verbon, Harrie.
Trust games are employed to investigate the effect of heterogeneity in income and race on cooperation in South Africa. The amount of socio-economic information available to the subjects about their counterparts is varied. No significant behavioural differences are observed, when no such information is provided. However, when the information is available, it significantly affects individual trust behaviour. The low income subjects from both racial groups invest significantly less in partnerships with the high income subjects of the other racial group than in any other partnership. We attribute this behaviour to cross-racial envy, which on aggregate may lead to substantial underinvestment in the economy.
Tipo: Conference Paper or Presentation Palavras-chave: Institutional and Behavioral Economics.
Ano: 2006 URL: http://purl.umn.edu/21269
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Willingness to Pay for Traceable Meat Attributes: A Meta-analysis AgEcon
Cicia, Gianni; Colantuoni, Francesca.
Several researches evaluated consumers’ Willingness To Pay (WTP) for each meat traceable attribute, generating a great deal of information in this regard, although specific to the conditions of each study. In light of this, WTP estimates for traceability characteristics differ across the literature, leading sometimes to contrasting interpretations. Seeking a full, meaningful statistical description of the findings of a collection of studies, the meta-analysis allows us to analyze consistency across studies and control for factors thought to drive variations in WTP estimates. The meta-analysis has been conducted using 23 studies that, in aggregate, report 88 valuations for WTP. Our results, aside from releasing unconditional information on the WTP for...
Tipo: Journal Article Palavras-chave: Meta-analysis; Food traceability; Willingness to Pay; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Institutional and Behavioral Economics; Production Economics; Research Methods/ Statistical Methods; Risk and Uncertainty.
Ano: 2010 URL: http://purl.umn.edu/97028
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EVALUATING TRANSFER PROGRAMS WITHIN A GENERAL EQUILIBRIUM FRAMEWORK AgEcon
Coady, David P.; Harris, Rebecca Lee.
We set out a general equilibrium model for the evaluation of a domestically financed transfer program, which helps to combine the results from a computable general equilibrium model with disaggregated household data. We separate the indirect welfare impact into three components: (1) the redistribution effect arising from the need to finance programs, (2) the reallocative effect arising from the transfer of resources between households with different “tax propensities,” and (3) the distortionary effect arising from the need to use distortionary finance instruments. We show how all these effects can be usefully subsumed within one parameter, namely, the cost of public funds. Using a Mexican cash transfer program as an illustration, we use the approach to...
Tipo: Working or Discussion Paper Palavras-chave: Institutional and Behavioral Economics.
Ano: 2001 URL: http://purl.umn.edu/16412
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Optimizing University Managed Resources for South Dakota: A Simulation Approach AgEcon
Holbeck, Michael; Chicoine, David L..
A simulation analysis demonstrates the use of tuition as a policy tool to achieve financial independence among the six South Dakota public universities under University Managed Resources (UMR). The simulation analysis maintains an overall environment of funding stability and is guided by horizontal equity, a concept from the economics of public finance that all entities of the same or similar situation are treated similarly. Financial independence is defined as an annual budgeting process with no reallocation of financial resources among or between the six universities. For each of the three indicators of horizontal equity simulated, achieving financial independence also realized a convergence of base funding per state-support-tuition student...
Tipo: Working Paper Palavras-chave: University managed resources; Simulation analysis; Funding stability; Horizontal equity; Public finance; Institutional and Behavioral Economics; Public Economics; I22.
Ano: 2011 URL: http://purl.umn.edu/118582
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Stakeholder Analysis of Agroparks AgEcon
Wubben, Emiel F.M.; Isakhanyan, Gohar.
An agropark is a cluster in which several primary producers and processors cooperate to enhance sustainable agro-food production. Because agroparks represent complex system innovations, this article studies their realisation trajectories from the stakeholder management perspective. By using the case study method, the research confirms that agroparks are system innovations involving many participants, most of them being key stakeholders. The different stakes and power positions, and their impact have been assessed. and managed in line with the realisation process of the agropark. The paper provides first learnings on stakeholder management in agropark projects, which may promote their realisation.
Tipo: Article Palavras-chave: Agropark; System Innovation; Stakeholder Analysis; Stakeholder Management; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Institutional and Behavioral Economics; Productivity Analysis.
Ano: 2011 URL: http://purl.umn.edu/121854
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Understanding Spatial Welfare Impacts of a Grain Ethanol Plant AgEcon
Van Wart, Justin; Perrin, Richard K..
A changing world of increasing complexity, fluctuating prices, high energy costs and limited data necessitate creative blending of economic theory and available empirical statistics to understand the welfare impacts in a specific market. In this paper, a programming approach is used in tandem with spatial economic theory to understand the spatial welfare impacts of an ethanol plant established in an area with a beef feeding industry. The study concludes that corn transportation costs are less significant in plant pricing strategy than originally identified by other studies. Local ethanol plant competition is found to explain the lower-than-feed value pricing of ethanol byproducts at the plant. In the study, average welfare effects are calculated for...
Tipo: Conference Paper or Presentation Palavras-chave: Spatial; Ethanol; Byproducts; Agribusiness; Crop Production/Industries; Demand and Price Analysis; Industrial Organization; Institutional and Behavioral Economics; Land Economics/Use; Livestock Production/Industries; Production Economics.
Ano: 2009 URL: http://purl.umn.edu/50823
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Does Land Abundance Explain African Institutions? AgEcon
Fenske, James.
I show how abundant land and scarce labor shaped African institutions before colonial rule. I present a model in which exogenous suitability of the land for agriculture and endogenously evolving population determine the existence of land rights, slavery, and polygyny. I then use cross-sectional data on pre-colonial African societies to demonstrate that, consistent with the model, the existence of land rights, slavery, and polygyny occurred in those parts of Africa that were the most suitable for agriculture, and in which population density was greatest. Next, I use the model to explain institutions among the Egba of southwestern Nigeria from 1830 to 1914. While many Egba institutions were typical of a land-abundant environment, they sold land and had...
Tipo: Working or Discussion Paper Palavras-chave: Africa; Institutions; Land rights; Slavery; Polygyny; Community/Rural/Urban Development; Farm Management; Institutional and Behavioral Economics; International Development; Land Economics/Use; Political Economy; N57; O10.
Ano: 2009 URL: http://purl.umn.edu/55707
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THE ROLE OF LEADERS’ EMOTIONS AgEcon
Lazanyi, Kornelia.
Western cultures support the notion that the ideal ‘professional’ behaviour for a leader is primarily rational and carefully controlled emotionally. The relationship of reason and emotion is often played out as one of mutual exclusion, and moreover as one representing hierarchy of leaders and followers. Power positions in most organizations are ritually emphasized through strict emotional control/suppression. Thus this display of unemotional rationality is held to be synonymous with control, may actually belie emotional and psychical insanities, and indicate organizational incongruities. Since, emotions play crucial role in the regulation of workplace relations. Negative emotions are the basis of awareness and positive ones are that of trust, and hence...
Tipo: Journal Article Palavras-chave: Emotion; Emotional labour; Leadership; Community/Rural/Urban Development; Institutional and Behavioral Economics; Teaching/Communication/Extension/Profession.
Ano: 2009 URL: http://purl.umn.edu/53553
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The Influence of Public Attitudes on Policies for Conserving Reptiles AgEcon
Tisdell, Clement A..
General factors are outlined that may influence the support of members of the public for the conservation of different species of reptiles. Survey results are then summarised of the variations in the likeability of different species of reptiles as well as whether or not their survival is supported by those surveyed. The relationship between these two factors is outlined and its consequences for the survival of reptile species compared to birds and mammals is specified, assuming a decision situation like that depicted by the Noah’s Ark problem. Furthermore, the extent to which the results support the similarity principle are considered. A substantial dichotomy in the likeability of different reptile species is observed: turtle species tend to be liked much...
Tipo: Working or Discussion Paper Palavras-chave: Attitudes to survival of species; Biodiversity conservation; Conservation policies; Crocodiles; Dichotomy in the likeability of reptiles; Ecotourism; Phylogenetic similarity principle; Reptiles; Snakes; Turtles.; Environmental Economics and Policy; Institutional and Behavioral Economics; Q2; Q57.
Ano: 2010 URL: http://purl.umn.edu/92771
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Integrated management of water, forest and land resources in Nepal: Opportunities for improved livelihood AgEcon
Pant, Dhruba; Thapa, Sabita; Singh, Ashok; Bhattarai, Madhusudan; Molden, David J..
Tipo: Working or Discussion Paper Palavras-chave: Irrigation management; Forest management; Public policy; Land use; Land tenure; Farm size; Environmental effects; Gender; Women; Equity; Institutions; Conflict; Environmental Economics and Policy; Farm Management; Institutional and Behavioral Economics; Land Economics/Use; Public Economics.
Ano: 2005 URL: http://purl.umn.edu/92405
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Unity in Diversity Through Art? Joseph Beuys’ Models of Cultural Dialogue AgEcon
Hayes, Christa-Maria Lerm.
This essay proposes the artist Joseph Beuys and his work as paradigmatic for art that through its own diversity of approach can show possibilities for addressing diverse audiences, diverging receptions and modes of participation. It arises from a symposium on the occasion of the 20th anniversary of the artist’s death held at the Goethe Institut Dublin, 23 January 2006. The argument focuses on Beuys practice from his Ulysses-Extension to the Migration Workshop at documenta 6, 1977, the FIU, as well as his work (and legacy) in Ireland. Relevant theories include Ecos openness and Adorno’s negative and positive representation, since Beuys works relationship to the Holocaust and trauma turns out to be central. Beuys is offered as predecessor of current...
Tipo: Working or Discussion Paper Palavras-chave: Institutional and Behavioral Economics.
Ano: 2006 URL: http://purl.umn.edu/12092
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Do Interest Groups Compete? AgEcon
Ando, Amy Whritenour.
This paper conducts a test of the hypothesis that interest groups compete strategically for influence with a policy-making agency. It adapts econometric methodology from the empirical industrial organization literature that was designed to work with discrete game-theoretic models, and uses data on whether or not supporting and opposing interest groups submitted comments to the Fish and Wildlife Service about each of 173 proposals to add new species to the endangered species list. The results imply that groups do respond to variations in the expected costs and benefits of a listing when deciding whether to pressure the agency. There is no support, however, for the hypothesis that the levels of pressure exerted by the groups emerge from the Nash equilibrium...
Tipo: Working or Discussion Paper Palavras-chave: Interest groups; Strategic competition; Empirical game theory; Endangered species; Institutional and Behavioral Economics; C25; C72; D72; Q28.
Ano: 1998 URL: http://purl.umn.edu/10732
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New Age, New Learners, New Skills: What Skills Do Graduates Need to Succeed in the New Economy? AgEcon
Noel, Jay E.; Qenani, Eivis.
The goal of this study was to improve the current understanding of labor market demands for various skills and attributes of college graduates. Changes such as globalization, technological advancements and the emergence of the knowledge economy have caused educational institutions to focus their attention in revising and redesigning their curriculum. The timely identification and the effective response to these changes requires that higher education revisits the issue of the set of skills essential to the economy and the labor market, and the best ways to transfer them to college graduates. A choice-based conjoint experiment was used to identify labor market preferences for college graduate attributes. A web survey with employers in the food and fiber...
Tipo: Presentation Palavras-chave: Graduate Attributes; Creativity; Hierarchical Bayesian; Conjoint Analysis; Agribusiness; Institutional and Behavioral Economics; Labor and Human Capital; Teaching/Communication/Extension/Profession.
Ano: 2012 URL: http://purl.umn.edu/123948
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Effects of Socio-Institutional and Emotional Factors of Japanese Farmland Rental Transactions AgEcon
Kunimitsu, Yoji.
Farmland reallocation between farmers through rental transactions is critical for improving Japanese rice productivity. This study examined effects of socio-institutional and emotional factors as well as economic factors on rental transactions. A stochastic choice model was applied to contingent valuation data by considering regional heteroscedasticity. Empirical results showed (1) existence of economic inefficiencies, 3% loss of economic surplus due to socio-institutional restriction, which is probably reflected in transaction costs; (2) a 15% reduction in surplus due to emotional reluctance of farmers; and (3) strong influences of rice price, wages, and geographical location on the rental rate and agreement level.
Tipo: Journal Article Palavras-chave: Contingent valuation questionnaire; Economic inefficiency; Regional heteroscedasticity; Rental agreement level; Rental rate; Stochastic choice model; Crop Production/Industries; Institutional and Behavioral Economics; Land Economics/Use; C25; D44; Q12; Q15; Q38; R58.
Ano: 2006 URL: http://purl.umn.edu/43747
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Preispolitik für ökologische Lebensmittel: Eine neo-institutionalistische Analyse AgEcon
Spiller, Achim.
Price premiums are recognized as a central barrier for the diffusion of organic food. On average, the consumer has to pay about 50 % more for organic food than for comparable products. This is also true for large retailers although considerable economies of scale could be expected. Against this background the following article analyzes pricing strategies of supermarkets. It appears evident that higher prices of organic food reflect higher costs of production and lower output, but primarily this is due to inefficient structures in processing and marketing. Furthermore, the pressures of competition in the market are low; price reductions and bargain sales are avoided by competitors. If the premium prices are compared with the results of market research, a...
Tipo: Journal Article Palavras-chave: Organic food; Marketing; Price policy; Neoinstitutional organization theory; Agribusiness; Institutional and Behavioral Economics; Marketing.
Ano: 2001 URL: http://purl.umn.edu/99000
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DEVELOPMENT OF INSTITUTIONS AND THEIR INNOVATIONS TO REDUCE PERMANENTLY THE EFFECTS OF DROUGHTS ON AGRICULTURE (WITH IMPLICATION FOR ETHIOPIA) AgEcon
Abebe, Kassahun.
Drought is a natural hazard that cannot be avoided significantly within the present level of scientific development. Studies and experiments to overcome drought have not yet reached the stage of development where the world can depend on the available scientific technology to avoid droughts. As a result, both scientifically developed and the developing nations face the problem equally. The recent droughts of the Sahel and Northeast Africa and the current drought of the Great Plains of the United States show how diverse the distribution of the problem is and the range of possible effects that might be sustained in the poor regions of the world such as the Sahel and the more developed regions like the Great Plains. There is a large body of experience on...
Tipo: Thesis or Dissertation Palavras-chave: Institutional and Behavioral Economics; Resource /Energy Economics and Policy.
Ano: 1976 URL: http://purl.umn.edu/11131
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Can Food Stamps Do More to Improve Food Choices? An Economic Perspective--Making Healthy Food Choices Easier: Ideas From Behavioral Economics AgEcon
Mancino, Lisa; Andrews, Margaret S..
With obesity the most prevalent nutrition problem facing Americans at all economic levels, promoting diets that provide adequate nutrition without too many calories has become an important objective for the Food Stamp Program. Findings from behavioral economics suggest innovative, low-cost ways to improve the diet quality of food stamp participants without restricting their freedom of choice. Unlike more traditional economic interventions, such as changing prices or banning specific foods, the strategies explored in this brief can be targeted to those participants who want help making more healthful food choices.
Tipo: Report Palavras-chave: Food Stamp Program; Food consumption; Food prices; Food expenditures; Nutrition education; Behavioral economics; Food choices; Diet; Health; Fruits and vegetables; Food Assistance and Nutrition Research Program; FANRP; ERS; USDA; Agricultural and Food Policy; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; Institutional and Behavioral Economics.
Ano: 2007 URL: http://purl.umn.edu/59436
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