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Registros recuperados: 16
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EXTERNALITIES FROM ROAMING LIVESTOCK: EXPLAINING THE DEMISE OF THE OPEN RANGE AgEcon
Centner, Terence J.; Griffin, Ronald C..
Fence-in laws in most states require ranchers to pay for fences to keep their livestock from trespassing onto others’' property. Some states, or jurisdictions within states, have a fence-out rule that requires ranchers'’ neighbors to pay for fences to keep livestock out. Both rules are Pareto optimal. Using a potential Pareto criterion, we show that a preference for fence-out in some areas may end as conditions change, such as increased nonranching land uses. Changed conditions may have legal consequences. Specific fence-out and fence cost-sharing provisions may be potentially Pareto inefficient and may be challenged for being unconstitutional under the due process clause.
Tipo: Journal Article Palavras-chave: Livestock Production/Industries.
Ano: 1998 URL: http://purl.umn.edu/31183
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REFORMING OUTDATED FENCE LAW PROVISIONS: GOOD FENCES MAKE GOOD NEIGHBORS ONLY IF THEY ARE FAIR AgEcon
Centner, Terence J..
Conflicts between persons engaged in animal husbandry and their neighbors have given legislative bodies many challenges in responding to competing equities. One set of rules has concerned the enclosure of domestic livestock, and legislative bodies have adopted assorted fence rules to resolve competing interests associated with grazing by domestic animals. Alternative fence-out legislation still exists in some jurisdictions for open range and very rural areas. Under fence-out legislation, ranchers do not have to build fences to confine their animals; rather, persons who want to keep out stray livestock have the burden of putting up a fence. Economists have given considerable attention to the externalities posed by livestock and the economic...
Tipo: Working or Discussion Paper Palavras-chave: Livestock Production/Industries.
Ano: 1997 URL: http://purl.umn.edu/16688
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PRODUCT DIFFERENTIATION PROTECTION: DEVELOPING A STRATEGY FOR MULTIPLE PRODUCERS OF REGIONAL SPECIALTY CROPS AgEcon
Centner, Terence J.; Turner, Steven C.; Bryan, John T..
Specialty crops grown by multiple producers are often viewed by consumers as differentiated products that command a price premium. Since price premiums are dependent upon differentiation of an item from generic counterparts, specialty crops must have distinctive identities that cannot be copied or mimicked by others. Trademarks are normally employed to differentiate and protect products, but the limitation of trademarks to products from a single source means that differentiation of specialty crops grown by multiple producers may involve difficulties in precluding free riders from adopting the same name. Through a case study of Georgia's Vidalia Onions and an examination of producer price data, this article explores the problem of the protection of product...
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1989 URL: http://purl.umn.edu/26680
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Environmental Mechanism Designs in a New Order of Regulatory Capitalism AgEcon
Mullen, Jeffrey D.; Centner, Terence J.; Wetzstein, Michael E..
Complexity of environmental programs is most apparent with information asymmetries, making the design of efficient mechanisms particularly challenging. As developed theoretically in this paper, a new regulatory capitalism paradigm mating voluntary agreements with environmental education can produce outcomes at least as efficient as voluntary agreements alone. Such a design exploits a key difference between voluntary agreements versus educational programs in terms of their impact on agents' incentive compatibilities. Specifically, in a principal-agent model, voluntary agreements are associated with an incentive-compatibility constraint, whereas educational programs are not. The efficient bundle will likely consist of a set of education programs and...
Tipo: Conference Paper or Presentation Palavras-chave: Command and control; Environmental education; Environmental policy; Voluntary agreements; Environmental Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/9357
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COOPERATIVE ANTITRUST MONOPOLIZATION AND THE THEORY OF CONTESTABLE MARKETS AgEcon
Centner, Terence J.; Wetzstein, Michael E..
The judiciary has relied on a firm's market share to evaluate the presence of monopoly power for a Sherman Act monopolization violation. However, an allegation that a firm's market share constitutes monopoly power may be refuted by evidence that there exists a contestable market. Contestable market theory shows that there is no monopoly power where there exists a threat of entry of other firms. This theory thereby offers agricultural cooperatives, which may have a large market share by reasons of the antitrust immunity provided by the Capper-Volstead Act, an argument to overcome allegations of a Sherman Act monopolization violation.
Tipo: Journal Article Palavras-chave: Industrial Organization.
Ano: 1984 URL: http://purl.umn.edu/29625
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MARKET FAILURE IN MULTIPHASE ELECTRIC POWER DEVELOPMENT FOR AGRICULTURAL IRRIGATION AgEcon
Tew, Bernard V.; Broder, Josef M.; Musser, Wesley N.; Centner, Terence J..
The adoption of multiphase electric power for electric irrigation has been limited in an area characterized by extremely rapid expansion of irrigated acreage despite production cost advantages. Theoretical and empirical evidence of failure in the existing market for multiphase power development are presented. Alternative development mechanisms are presented and discussed.
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1985 URL: http://purl.umn.edu/29993
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FINANCING THE DISPOSAL OF UNWANTED AGRICULTURAL PESTICIDES AgEcon
Centner, Terence J.; Gunter, Lewell F..
The disposal of accumulated agricultural pesticides is an expensive proposition due to the hazardous nature of these materials. States have inititated unwanted pesticide collection efforts based on several funding options. Through an evaluation of regulations, funding options and comparison of amounts of pesticides collected to expenditures for pesticides, our paper offers some recommendations for future state collection efforts. It may be advantageous to give greater weight to efficiency considerations for the disposal of existing unwanted pesticide stocks, while equity considerations may be emphasized for the disposal of anticipated future stocks.
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/16724
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PROTECTING INVESTORS' INTELLECTUAL PROPERTY RIGHTS IN BIOTECHNOLOGY AgEcon
Centner, Terence J.; White, Fred C..
Institutional devices encouraging biotechnological innovation may not be providing adequate returns or protection for inventors. This article identifies an optimal degree of patent protection and employs sensitivity analysis to link demand and supply characteristics and investment productivity. Four contemporary policy issues are identified to provide a foundation for future research.
Tipo: Journal Article Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 1989 URL: http://purl.umn.edu/32353
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UNWANTED AGRICULTURAL PESTICIDES: STATE DISPOSAL SYSTEMS AgEcon
Centner, Terence J..
Millions of pounds of unwanted pesticides have accumulated in barns throughout our country. The potential environmental and health risks posed by this situation has garnered public attention and governmental action. The federal government has revised its Universal Waste Rule so that it is easier to dispose of unwanted pesticides rather than simply banned pesticides. Nearly every state has initiated efforts to collect and dispose of accumulated pesticides in a safe manner. While the possession of unwanted pesticides generally is not illegal, producers need to follow requisite legal requirements and dispose of pesticides properly to avoid legal infractions. To assist producers, the implementation of a permanent apparatus is advised for the disposal of...
Tipo: Working or Discussion Paper Palavras-chave: Hazardous waste; Pesticide; Pesticide collection program; Universal waste rule; Environmental Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/16667
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OBLIGATIONS AND PENALTIES UNDER LEMON LAWS: AUTOMOBILES VERSUS TRACTORS AgEcon
Centner, Terence J.; Wetzstein, Michael E..
Distinctive new provisions of tractor lemon laws which create obligations and provide penalties for defective self-propelled agricultural equipment are contrasted with provisions of automobile lemon laws. Lemon-law obligations involve both producers'’ guarantees to provide consumers with a serviceable vehicle and producers'’ promise to remedy defects. Due to fewer manufacturer obligations under the tractor lemon laws as opposed to automobile lemon laws, tractors may be expected to have more defects than automobiles. Yet the tractor lemon laws contain fewer penalties in the form of restitution remedies. The inconsistencies of these obligations and penalties suggest tractor laws may be inefficient.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1995 URL: http://purl.umn.edu/30923
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FINANCING THE DISPOSAL OF UNWANTED AGRICULTURAL PESTICIDES AgEcon
Gunter, Lewell F.; Centner, Terence J..
Since the mid 1980s, it has been recognized that significant quantities of unwanted pesticides are being retained by agricultural producers in barns and other out buildings throughout the United States. State governments have responded to the hazards posed by these pesticides by implementing programs to collect and dispose of them. This paper reviews issues related to costs and funding of pesticide collection and disposal programs. Primary and secondary information on states' approaches to and experiences with unwanted pesticide removal is presented. Differences in the theoretical impacts of various collection funding methods on reducing unwanted pesticide stocks and allocating disposal costs are discussed.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 1998 URL: http://purl.umn.edu/21024
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AN EMPIRICAL ANALYSIS OF A MARKETING ORDER REFERENDUM FOR A SPECIALTY CROP AgEcon
Mixon, Bobby; Turner, Steven C.; Centner, Terence J..
Specialty crop producers’ marketing problem, associated with lack of quality standards and advertising revenues, may detract from profitability. Although marketing orders, approved by producer referenda, offer a means to address these problems, institutional rules can make ratification difficult. In this study, economic structure was found to be more important than producer characteristics in explaining voter behavior in a Georgia Vidalia onions marketing order referendum.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Marketing.
Ano: 1990 URL: http://purl.umn.edu/32504
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The Role of Cooperatives in Agriculture: Historic Remnant or Viable Membership Organization? AgEcon
Centner, Terence J..
Although cooperatives offer a viable organizational structure for many groups, economic theory suggests that the cooperative form of business should be preferred over a corporation only if special conditions are present. This paper identifies several conditions that may serve as justifications for cooperatives. Next, conditions limiting the performance of cooperatives are examined. Cooperative members are urged to examine their organization to discern whether its organizational structure provides the best vehicle for meeting group objectives.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 1988 URL: http://purl.umn.edu/46213
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MODIFYING GEORGIA'S NEGLIGENCE LAW: A NEW GOOD SAMARITAN PARADIGM FOR SOME BUSINESS OWNERS AgEcon
Centner, Terence J..
An investigation of the new statutory standards of conduct relating to accidents involving horses and other equids highlights current issues concerning tort liability. After a summary of existing Georgia Good Samaritan statutes and liability exceptions, part II evaluates the provisions on standards of conduct to show how the statute changes existing law. In part III, two legislative proposals are offered to encourage safer equine activities: (1) an amendment of the statutory provisions on warnings, and (2) adopting new provisions requiring helmets for minors. Through these proposed amendments, the statutory dispensation for equine owners and operators could be based on safety prerequisites.
Tipo: Working or Discussion Paper Palavras-chave: Equine liability statute; Good Samaritan statutes; Horses; Tort liability; Agribusiness.
Ano: 1997 URL: http://purl.umn.edu/16693
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Regulatory Responses to Potential Pollutants from Animal Feeding Operations: Opting Out of Costly Permitting Regulations AgEcon
Centner, Terence J.; Mullen, Jeffrey D..
Because of excessive water impairment, federal and state agencies have enacted regulations to reduce water pollution from animal feeding operations. Many of the regulations are based on numbers of animals rather than the potential of an operator to impair water quality. To enhance efficiency, critical production indicators and location screening factors might be used to exempt operations that are not significantly impairing water quality. In this manner, regulations could avoid imposing unnecessary costs on the regulated public and more effectively target monitoring and enforcement resources of the regulatory agency.
Tipo: Journal Article Palavras-chave: Concentrated animal feeding operations; Pollution; Production indicators; Regulations; Water impairment; K2; K32; Q25; Q28.
Ano: 2004 URL: http://purl.umn.edu/43345
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FMHA'S EFFORTS AGAINST DELINQUENT BORROWERS: PROPERTY INTERESTS AND TRANSACTION COSTS AgEcon
Centner, Terence J.; White, Fred C..
A recent judicial decision has precluded the Farmers Home Administration from employing nonjudicial foreclosure proceedings in some states. Characteristics of FmHA loans and borrowers suggest that a potential "hold up" problem exists whereby borrowers may cause the value of their mortgaged properties to diminish below the outstanding balance of the loan. Empirical results of a survey show that the preclusion of nonjudicial foreclosure increased FmHA’s direct losses from delinquent borrowers.
Tipo: Journal Article Palavras-chave: Agricultural Finance.
Ano: 1987 URL: http://purl.umn.edu/32472
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