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| Registros recuperados: 44 | |
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| Wu, Steven Y.; Roe, Brian E.; Sporleder, Thomas L.; Nazaryan, Natalie. |
| Experimental economics is used to compare tournaments (T) and fixed performance contracts (F) when agents have heterogeneous costs. Results suggest that: (1) There is no difference in average pooled effort across contracts, (2) high ability agents exert higher effort than low ability agents under both types of contracts, (3) average pooled earnings are affected by contract type, (4) high ability agents benefit from T whereas low ability agents are harmed by T, and (5) the difference in average pay between high and low ability agents is larger under T. Thus, T implement greater inequality. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2005 |
URL: http://purl.umn.edu/28318 |
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| Wu, Steven Y.; Nazaryan, Natalie; Roe, Brian E.; Sporleder, Thomas L.. |
| Experimental economics is used to compare tournaments (T) and fixed performance contracts (F) when agents have heterogeneous costs. Our primary findings were: (1) There is no statistical difference in average pooled effort (effort by high ability and low ability subjects are pooled together to get an aggregate average) under T and F contracts, (2) on average, effort exerted by high ability agents is considerably higher than effort exerted by low ability agents under both types of contracts, (3) average pooled payoff for the subjects is affected by the type of contract used. Statistical analysis of the results revealed that high ability subjects generally benefit from tournaments whereas low ability agents are harmed by tournaments. Only in the case... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Research Methods/ Statistical Methods. |
| Ano: 2004 |
URL: http://purl.umn.edu/20103 |
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| Swire-Thompson, Andrew; Sporleder, Thomas L.; Hahn, David E.; Bash, Winston. |
| Technology-driven change is everywhere and value-capture from new technology is challenging for business managers. Also rival firms may use technology as part of major success strategies. This situation leads managers to be keenly interested in evaluation of alternative technologies prior to making a sunk investment in physical facilities. In contemplating new or added-capacity processing facilities, managers and investors must evaluate return on investment (ROI). Evaluation of ROI is complex because it varies by alternative technology and the resultant potential product mix alternatives associated with that technology at the time the investment capital is committed to build the processing plant. This research examines optimal alternative product... |
| Tipo: Journal Article |
Palavras-chave: Agribusiness. |
| Ano: 2001 |
URL: http://purl.umn.edu/26521 |
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| Hopkin, John A.; Sporleder, Thomas L.; Padberg, Daniel I.; Knutson, Ronald D.. |
| The farm financial crisis, combined with deregulation of the U.S. banking system, has created a new environment within which the Farm Credit System competes. Despite their unique business clientele, the Banks for Cooperatives (BCs) have been adversely affected by this changed environment. In 1987, the BCs requested an economic analysis of possible consolidation alternatives, with emphasis on the economies of size they might achieve. Summary results of that analysis are presented here. A 47 basis point reduction in interest rates charged borrowers was estimated to result from a total consolidation of the BCs. |
| Tipo: Journal Article |
Palavras-chave: Agribusiness; Agricultural Finance. |
| Ano: 1988 |
URL: http://purl.umn.edu/46211 |
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| Owen, C. Jane; Sporleder, Thomas L.; Bessler, David A.. |
| Temporal relationships are investigated among fabricated cut prices, carcass value, and fed cattle prices. Also, linkages between fed cattle and wholesale beef prices are examined using vector autoregressive (VAR) techniques. Results, using daily prices over the 1980-85 period, suggested that fabricated cut prices and cattle prices are related to the imputed carcass value, carcass quote, and fed cattle prices. In addition, three fabricated cuts dominate as leading indicators of fed cattle prices of most fabricated cut prices. They are strip loin and bottom and top round prices. VAR models outperform the univariate and random-walk models of forecasting ability. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 1991 |
URL: http://purl.umn.edu/32634 |
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| Sporleder, Thomas L.; Kramer, Carol S.. |
| A myriad of local, state, and federal laws and regulations exist with the intent to assure consumers a "safe" food supply. This paper addresses some of the economic aspects of federal food safety laws and regulations. A brief summary of federal food safety legislation and programs is offered, with some assessment of issues which impact on the performance of these programs. Finally, broad alternatives to current federal programs are enumerated along with each alternative's potential consequences in economic terms. |
| Tipo: Journal Article |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
| Ano: 1983 |
URL: http://purl.umn.edu/27879 |
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| Registros recuperados: 44 | |
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