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Registros recuperados: 21
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Pricing and Policy Problems in the Northeast Fluid Milk Industry AgEcon
Cotterill, Ronald W..
This article documents the need for reform of milk pricing in the Northeast. The New York price gouging law can be recast as a fair share law. This new milk policy "kills two birds with one stone." It corrects regional inequities in raw milk pricing by reforming the pricing of milk at retail by limiting and redistributing excessive retail margins to farmers and consumers. The fair share policy relieves allocative price inefficiency, improves the performance of the federal milk market order pool, and improves the general performance of the Northeast dairy farming and fluid milk industries.
Tipo: Journal Article Palavras-chave: Market power; Bargaining; Over-order premiums; Fair share pricing; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/10211
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A Stochastic Multiple Players Multi-Issues Bargaining Model for the Piave River Basin AgEcon
Sgobbi, Alessandra; Carraro, Carlo.
The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of negotiations on water allocation and management. We explore the impacts of different economic incentives, a stochastic environment and varying individual preferences on players’ strategies and equilibrium outcomes through numerical simulations of a multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of Italy. Players negotiate in an alternating-offer manner over the sharing of water resources (quantity and quality). Exogenous uncertainty over the size of the negotiated amount of water is introduced to capture the fact that water availability is not known with...
Tipo: Working or Discussion Paper Palavras-chave: Bargaining; Non-Cooperative Game Theory; Simulation Models; Uncertainty; Environmental Economics and Policy; C61; C71; C78.
Ano: 2007 URL: http://purl.umn.edu/7446
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Scope and Sustainability of Cooperation in Transboundary Water Sharing of the Volta River AgEcon
Bhaduri, Anik; Perez, Nicostrato D.; Liebe, Jens.
The paper explores the scope and sustainability of a self-enforcing cooperative agreement in the framework of a game theoretic model, where the upstream and downstream country, Burkina Faso and Ghana respectively in the Volta River Basin, bargain over the level of water abstraction in the upstream. In the model we consider the case where the downstream country, Ghana, offers a discounted price for energy export to the upstream country, Burkina Faso, to restrict its water abstraction rate in the upstream. The paper examines the benefits and sustainability of such self-enforcing cooperative arrangements between Ghana and Burkina Faso given stochastic uncertainty in the river flow. The findings of the paper suggest that at the present condition, the marginal...
Tipo: Working or Discussion Paper Palavras-chave: Bargaining; Cooperation; Transboundary; Uncertainty; Volta River Basin; Demand and Price Analysis; Environmental Economics and Policy; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/43324
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Invasive Species Management Through Tariffs: Are Prevention and Protection Synonymous? AgEcon
Ranjan, Ram.
This Paper designs a political economy model of invasive species management in order to explore the effectiveness of tariffs in mitigating the risk of invasion. The revenue interests of the government together with the interests of the lobby group competing with the imported agricultural commodity, that is believed to be the vector of invasive species, are incorporated in a Nash Bargaining game. The government, however, also considers the impact of tariffs on long run risks of invasion and decides optimal tariffs based upon its welfare in the pre and post-invasion scenarios. Along with the size of the lobby group, which is a function of the slope of the demand and supply curves, the weights assigned to the various components in the government welfare...
Tipo: Working or Discussion Paper Palavras-chave: Invasive species; Political economy; Tariffs; Bargaining; Interest groups; Political Economy; Resource /Energy Economics and Policy; H23; Q17; Q58.
Ano: 2004 URL: http://purl.umn.edu/15642
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Overlapping Coalitions, Bargaining and Networks AgEcon
Agbaglah, Messan; Ehlers, Lars.
This paper extends the theory of endogenous coalition formation, with complete information and transferable utility, to the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at equilibrium. We show the existence of subgame perfect equilibrium and provide an algorithm to compute this equilibrium in the symmetric case. As an application, we establish an interesting link with the formation of networks.
Tipo: Working or Discussion Paper Palavras-chave: Overlapping Coalitions; Cover Function; Bargaining; Symmetric Game; Network; Environmental Economics and Policy; C71; C72; C78; D62; D85.
Ano: 2010 URL: http://purl.umn.edu/96628
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Rational Inefficiencies AgEcon
Bogetoft, Peter; Hougaard, Jens Leth.
In this paper, we suggest that inefficiency may be an indirect, on-the-job compensation to agents in an organization. We show how to use actual production data to reveal the trade-offs between different inefficiencies (slacks). Moreover, we discuss how to use this to improve productivity analysis as well as decision making and incentive provisions in organizations.
Tipo: Working or Discussion Paper Palavras-chave: Efficiency; Preferences; Incentives; Bargaining; Planning; Productivity Analysis.
Ano: 2001 URL: http://purl.umn.edu/24191
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Group Bargaining and Conflict AgEcon
Querou, Nicolas.
We consider a situation where groups negotiate over the allocation of a surplus (which is used to fund group specific goods). Each group is composed of agents who have differing valuations for public goods. Members choose a representative to take decisions on their behalf. Specifically, representatives can decide to enter either a (cooperative) negotiation protocol or a conflict to appropriate the surplus. In the cooperative negotiations, disagreement corresponds to a pro rata allocation (as a function of the size of the groups). We analyse the conditions (on the internal composition of the groups) under which conflict will be preferred to negotiated agreements (and vice versa), and we derive welfare implications. Finally, we provide results of comparative...
Tipo: Working or Discussion Paper Palavras-chave: Bargaining; Conflict; Agency Problem; Environmental Economics and Policy; C78; D74; J52.
Ano: 2010 URL: http://purl.umn.edu/96841
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The Bargaining Strength of a Milk Marketing Cooperative AgEcon
Prasertsri, Peerapon; Kilmer, Richard L..
As a result of economies of size, food processors are generally large and few in number. These characteristics put processors at a bargaining advantage over independent farmers. Marketing cooperatives were established to counter the uneven bargaining position of individual farmers. This article investigates the relative bargaining strength of one milk marketing cooperative and several fluid milk processors. The Nash bargaining model can be used to analyze the negotiated price in the Florida fluid milk market which acts like a bilateral monopoly. The milk marketing cooperatives have bargained well with the milk marketing processors. The monthly bargaining strength of the Southeast Dairy Cooperative, Inc. (SDC), exceeds the monthly bargaining strength of the...
Tipo: Journal Article Palavras-chave: Cooperative; Bargaining; Bilateral monopoly; Dairy; Processors; Agribusiness; Marketing.
Ano: 2008 URL: http://purl.umn.edu/45664
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The Doha Talks and the Bargaining Surplus in Agriculture AgEcon
Furtan, William Hartley; Guzel, A.; Karantininis, Kostas.
The Doha Round has been slow to achieve a reduction in the level of agricultural protection. This remains the case notwithstanding the substantial economic benefits that would arise from a more liberal agricultural trading regime. We provide one explanation for this slowness using a simple bargaining model. We demonstrate that the bargaining countries received a substantial fiscal gain from reducing government expenditures in the run-up to the Uruguay Round. This fiscal pressure was sufficient to block rent seekers who wanted farm payments to continue. Since the Uruguay Round these fiscal constraints have been reduced and the same pressure to reach a bargain and control rent-seeking behaviour is not present in the Doha Round.
Tipo: Journal Article Palavras-chave: Doha Round; Rent seeking; Bargaining; International Relations/Trade.
Ano: 2007 URL: http://purl.umn.edu/7706
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Modelling Negotiated Decision Making: a Multilateral, Multiple Issues, Non-Cooperative Bargaining Model with Uncertainty AgEcon
Sgobbi, Alessandra; Carraro, Carlo.
The relevance of bargaining to everyday life can easily be ascertained, yet the study of any bargaining process is extremely hard, involving a multiplicity of questions and complex issues. The objective of this paper is to provide new insights on some dimensions of the bargaining process – asymmetries and uncertainties in particular – by using a non-cooperative game theory approach. We develop a computational model which simulates the process of negotiation among more than two players, who bargain over the sharing of more than one pie. Through numerically simulating several multiple issues negotiation games among multiple players, we identify the main features of players’ optimal strategies and equilibrium agreements. As in most economic situations,...
Tipo: Conference Paper or Presentation Palavras-chave: Bargaining; Non-Cooperative Game Theory; Simulation Models; Uncertainty; Risk and Uncertainty; C61; C71; C78.
Ano: 2007 URL: http://purl.umn.edu/8224
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Using Experimental Economics to Measure the Role of Parental Generosity and Food Control in Childhood Obesity AgEcon
Ehmke, Mariah D.; Morgan, Kari; Schroeter, Christiane; Larson-Meyer, Enette; Ballenger, Nicole.
This research uses experimental economics to measure the effect of parental generosity and child response on childhood overweight and obesity. The 'Carrot-Stick' experiment, an adaptation of the standard dictator game in which the respondent (the child) can punish or reward the dictator (the parent) based on the dictator's generosity, served as basis of our examination. Two treatments are conducted, in which the child spends his or her earnings on non-food and food items. Our empirical analysis shows significant relationships between parental weight and their level of generosity regarding food items. We conclude that child response behavior, obesigenic factors in the household, and the child's tendency toward being overweight and obese are significantly...
Tipo: Conference Paper or Presentation Palavras-chave: Overweight; Obesity; Childhood; Family; Bargaining; ‘Carrot-Stick; ’ Dictator; Experimental Economics; Food Consumption/Nutrition/Food Safety; Health Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/9859
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Structure and Power in Multilateral Negotiations: An Application to French Water Policy AgEcon
Simon, Leo K.; Goodhue, Rachael E.; Rausser, Gordon C.; Thoyer, Sophie; Morardet, Sylvie; Rio, Patrick.
Stakeholder negotiation is an increasingly important policymaking tool. However, relatively little is understood about the relationship between the structure of the negotiating process and the effectiveness with which stakeholders can pursue their individual interests. We apply the Rausser- Simon multilateral bargaining model to a specific negotiation process involving water storage capacity and use in the upper Adour Basin in southwestern France. We focus on a coalition of three stakeholder groups with aligned but distinct interests. In addition to the standard indices of bargaining power—the distribution of political weights (“access”) and players’ utilities if an agreement is not reached, our analysis identifies other less obvious sources of power....
Tipo: Book Palavras-chave: Water; Bargaining; Negotiations; Environmental Economics and Policy; Institutional and Behavioral Economics.
Ano: 2007 URL: http://purl.umn.edu/37630
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Economic Impacts of Pink Hibiscus Mealybug in Florida and the United States AgEcon
Ranjan, Ram.
Replaced with revised version of paper 12/15/05.
Tipo: Conference Paper or Presentation Palavras-chave: Invasive Species; Political Economy; Tariffs; Bargaining; Interest Groups; International Relations/Trade; H23; Q17; Q58.
Ano: 2005 URL: http://purl.umn.edu/19172
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Compliance with international food safety standards as an outcome of a Nash bargaining process: a case study on Kenyan small scale green beans farms AgEcon
Nimenya, Nicodeme; Frahan, Bruno Henry de; Ndimira, Pascal-Firmin.
This study provides a stylized model on “Exit, voice and loyalty” as alternative strategic responses taken by Kenyan green beans farmers in the context of new and more stringent international food safety standards. On the analytical side, we use the Nash bargaining theory where the exporter and a representative grower bargain over the product quality level and the premium producer price. The comparative statics analysis shows that the producer bargaining power unlike the compliance costs has, ceteris paribus, a positive effect on the equilibrium quality level while these exogenous variables have ambiguous effects on producer price at equilibrium. Empirical results from logit model estimation with survey data at farm-level in Kenya show that households with...
Tipo: Conference Paper or Presentation Palavras-chave: Bargaining; Small-scale farm; Voice; Agribusiness; Consumer/Household Economics; Research and Development/Tech Change/Emerging Technologies; D18; O17; O33; Q13; Q17.
Ano: 2009 URL: http://purl.umn.edu/53004
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Bargaining Power in Relational Contracts: An Experimental Study AgEcon
Cordero Salas, Paula.
This paper provides experimental evidence of the economic impact from shifting bargaining power in relational contracts. I implement an experimental design that adjusts the bargaining power of sellers (agents) and the enforceability of the contract. I find that the vast majority of contracts take the form of efficiency wage contracts instead of contingent performance contracts when enforcement is partially incomplete and sellers have more bargaining power than buyers. The total contracted and actual compensation increase with the bargaining power of the sellers. However, sellers' profits are found to increase only if a part of the total payment is third-party enforceable. In this case, observed surplus and efficiency are lower than predictions. When no...
Tipo: Working or Discussion Paper Palavras-chave: Contracts; Incomplete enforcement; Bargaining; Experiments; Distribution; Institutions; Industrial Organization; Institutional and Behavioral Economics; International Development; D86; K12; L14; O12; Q13.
Ano: 2011 URL: http://purl.umn.edu/103579
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Dynamic intrahousehold bargaining, matrimonial property law and suicide in Canada AgEcon
Adam, Christopher; Hoddinott, John; Ligon, Ethan.
This paper develops a dynamic model of household bargaining and uses it to motivate an empirical analysis of the impact changes in Canadian laws regarding the allocation of family assets upon divorce on female suicide. Using time series data, we show that in Ontario, the passage of Canadian legislation that improved women's rights to assets upon divorce was associated with reductions in the rate of female suicide amongst older (married) women while not affecting younger (unmarried) women. As suggested by our model, its impact was asymmetric in that male suicide rates were unaffected by this change. We also exploited a quasi-natural experiment in these data, namely that no comparable legislative change occurred in Quebec. Here, we do not observe a...
Tipo: Working Paper Palavras-chave: Intrahousehold; Bargaining; Divorce; Suicide; Canada; Community/Rural/Urban Development; D10; J12.
Ano: 2011 URL: http://purl.umn.edu/120422
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Determinants of Iowa Cropland Cash Rental Rates: Testing Ricardian Rent Theory AgEcon
Du, Xiaodong; Hennessy, David A.; Edwards, William M..
Based on the Ricardian rent theory, this study employs the variable profit function to analyze the determinants of Iowa cropland cash rental rates using county-level panel data from 1987 to 2005. Accounting for spatial and temporal autocorrelations, responses of local cash rental rates to changes in output prices and other exogenous variables are estimated. We find that Iowa cash rental rates are largely determined by output/input prices, soil quality, relative location, and other county-specific factors. Cash rents go up by $79 for a $1 increase in corn price in the short run. The marginal value of cropland quality, as represented by row-crop corn suitability rating index, is about $1.05. Ethanol plants are not found to have a significant local effect on...
Tipo: Working or Discussion Paper Palavras-chave: Bargaining; Basis; Ethanol; Land quality shadow price; Rate of adjustment; Spatial autocorrelation; Land Economics/Use.
Ano: 2007 URL: http://purl.umn.edu/7700
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Invasive Species Management through Tariffs: Are Prevention and Protection Synonymous? AgEcon
Ranjan, Ram.
Replaced with revised version of paper 12/15/05.
Tipo: Conference Paper or Presentation Palavras-chave: Invasive Species; Political Economy; Tariffs; Bargaining; Interest Groups; International Relations/Trade; H23; Q17; Q58.
Ano: 2005 URL: http://purl.umn.edu/19515
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Endogenous Learning and Consensual Understanding in Multilateral Negotiations: Arguing and Bargaining in the WTO AgEcon
Wolfe, Robert.
People at home and trade negotiators in Geneva cannot bargain what they do not understand, and what they bargain must be based on consensual understanding among the relevant actors, whether or not they agree on what to do about it. Consensual understanding is endogenous, arising in an argumentative process of learning structured by constitutive principles of a regime. In a departure from both rationalist and constructivist approaches to negotiation analysis in political science, my goal in this paper is to try to advance analysis of these questions by exploring the contribution that deliberation or arguing makes to learning. My proposition is that something happens at the multilateral negotiation table in addition to bargaining, something that alters...
Tipo: Working or Discussion Paper Palavras-chave: WTO; Bargaining; Learning; Agricultural and Food Policy; International Development; International Relations/Trade.
Ano: 2010 URL: http://purl.umn.edu/90885
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The Value and Applicability of Bargaining in an Intergenerational Setting AgEcon
Howard, Gregory E..
I consider a variation of Coasian bargaining as a policy instrument for internalizing intergenerational externalities. The variation involves appointing a contemporary party to represent the interests of the affected parties who are currently unable to represent themselves, either because they are too young or have not yet been born. Potential criticisms of such a policy are considered and addressed, and precedents to such a policy are put forth. A two period model is formulated to test the effectiveness of bargaining compared to a tax and subsidy regime and is found to be comparable and robust to parameter and model adjustments.
Tipo: Conference Paper or Presentation Palavras-chave: Bargaining; Intergenerational externalities; Welfare analysis; Environmental Economics and Policy; Political Economy.
Ano: 2011 URL: http://purl.umn.edu/103227
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