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Coordination and allocation on land markets under increasing scale economies and heterogeneous actors - An experimental study AgEcon
Balmann, Alfons; Kellermann, Konrad; Larsen, Karin; Sandri, Serena; Schade, Christian.
Economies of scale and scope are often not exploited in Western agriculture. A general reason is probably that various types of transaction costs limit coordination among farmers. A more specific explanation is that coordination on land markets or machinery cooperation is difficult to achieve when farmers are heterogeneous as some kind of price differentiation is necessary for a Pareto-superior solution. This paper investigates experimentally such a coordination game with heterogeneous agents using an example inspired by agricultural land markets. The experimental findings suggest that a Pareto-optimal solution may not be found when agents are heterogeneous. The findings provide evidence for market failures and cooperation deficits as reasons for...
Tipo: Conference Paper or Presentation Palavras-chave: Land Markets; Coordination and Allocation; Experimental Economics; Agricultural and Food Policy; Farm Management; Land Economics/Use.
Ano: 2010 URL: http://purl.umn.edu/61093
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Does vertical integration reduce investment reluctance in production chains? An agent-based real options approach AgEcon
Balmann, Alfons; Musshoff, Oliver; Larsen, Karin.
This paper uses an agent-based real options approach to analyze whether stronger vertical integration reduces investment reluctance in pork production. A competitive model in which firms identify optimal investment strategies by using genetic algorithms is developed. Two production systems are compared: a perfectly integrated system and a system in which firms produce either the intermediate product (piglets) or the final product (pork). Simulations show that the spot market solution and the perfectly integrated system lead to a very similar production dynamics even with limited information on production capacities. The results suggest that, from a pure real options perspective, spot markets are not significantly inferior to perfectly integrated supply...
Tipo: Working or Discussion Paper Palavras-chave: Real options; Supply chain; Agent-based models; Genetic algorithms; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Institutional and Behavioral Economics; Productivity Analysis.
Ano: 2009 URL: http://purl.umn.edu/59521
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Learning by Doing – Farmers’ Specialized Cooperatives Development in China AgEcon
Sultan, Tursinbek; Huang, Zuhui; Larsen, Karin.
In many of the developing (transition) countries, government is promoting the use of cooperatives as organizations that can help enhance the development of farmers and other communities. Agricultural cooperatives are believed to function as a tool for the government in promoting the economic and social development, in particular by creating employment, generating income, eradicating poverty and strengthen farmers’ (market) power within the modern value chain. As for most transitional countries, Chinese government played a primary important role in agricultural cooperatives development. The government attempted to restructure the agro-food system to a modernized and industrialized one by supporting farmer cooperatives and producer organizations. Since the...
Tipo: Presentation Palavras-chave: Agribusiness; Farm Management; International Development; International Relations/Trade.
Ano: 2011 URL: http://purl.umn.edu/122025
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Off-farm income and farm capital accumulation: a farm-level data analysis AgEcon
Lagerkvist, Carl Johan; Larsen, Karin; Olson, Kent D..
Replaced with revised version of paper 06/30/06.
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2006 URL: http://purl.umn.edu/21480
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Participation, Incentives and Social Norms in Partnership Arrangements Among Farms in Sweden AgEcon
Larsen, Karin.
In this study, farmers´ participation in partnership arrangements involving labour and machinery collaboration is analyzed. Potential gains from partnership arrangements include lower capital costs and increased possibilities for farmers to specialize in different tasks. A potential cost is the incentive to shirk in effort or to overuse or misuse shared inputs (the moral hazard problem). Factors that mitigate the problem of moral hazard in team production have been suggested in the literature and include peer pressure and social norms (Barron and Gjerde, 1997; Kandel and Lazear, 1992) and dynamics (Radner, 1982). In this study, a theoretical framework for analyzing partnerships among farmers developed by Allen and Lueck (1998) is extended to consider...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2007 URL: http://purl.umn.edu/9870
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Technical Efficiency among Organic and Conventional Farms in Sweden 2000-2002: A Counterfactual and Self-Selection Analysis AgEcon
Larsen, Karin; Foster, Kenneth A..
Technical efficiency and its determinants among organic and conventional farms in Sweden are analyzed for time-period 2000-2002. In addition, we address the issues that arise when comparing performance measures among the two groups of producers (conventional and organic) due differences in their technologies and the potential presence of self-selection in the farmer's choice of using conventional or organic production methods. If the choice of production method is based on, or at least in part based on, the farms expected productivity in organic and conventional farming respectively there is self-selection present that must be considered. We apply an endogenous switching regression model suggested by Lee (1978) to compare efficiency measures between the...
Tipo: Conference Paper or Presentation Palavras-chave: Technical efficiency; Self-selection; Organic farming; Farm Management; O390; Q120.
Ano: 2005 URL: http://purl.umn.edu/19219
Registros recuperados: 6
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