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Registros recuperados: 44 | |
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McCluskey, Jill J.. |
Demand for healthy, safe, and environmentally friendly food products has been increasing. In response, producers are marketing organic and other quality-differentiated foods, sometimes claiming to have followed sound environmental and animal welfare practices. These products frequently have unobservable quality attributes. If the profitmaximizing producer is able to deceive the consumer with a false claim, then he or she will enjoy a higher price with lower production costs (compared to the full disclosure outcome). The analysis described in this paper shows that repeat-purchase relationships and third-party monitoring are required for high-quality credence goods to be available. Policy implications of this analysis for national organic food standards are... |
Tipo: Presentation |
Palavras-chave: Credence goods; Organic foods.; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; L15; Q13. |
Ano: 1999 |
URL: http://purl.umn.edu/123706 |
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Schamel, Guenter. |
The German Agricultural Society (DLG) manages a multi-round annual quality control scheme where wines undergo a blind, sensory testing procedure using a 5-point scale to determine superior quality wines worthy of an annual award (Bronze, Silver, Gold, and Gold Extra). We develop a hedonic model for the 2005 award competition estimating implicit prices for different product attributes including sensory awards, quality categories, and wine style. We also control for regional origin, variety, color, and age. To discern the impact of ownership structure, we distinguish cooperatives and private wineries. Silver and Bronze awards show significant price effects relative to Gold. We also estimate highly significant price effects between quality categories (e.g.... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Cooperatives; Product Quality; Pricing; Agribusiness; Demand and Price Analysis; Marketing; Q13; L15; D4. |
Ano: 2009 |
URL: http://purl.umn.edu/51552 |
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Reimer, Jeffrey J.; Hill, Lowell D.. |
The 1986 U.S. Grain Quality Improvement Act introduced an explicit, economic purpose for grades-that they transmit information about end use value-but provided little guidance about what factors to include in grades. We determined which quality characteristics best reflect the processed value of U.S. corn in the case of a Japanese wet miller. Foreign material is the only grade factor closely related to processed value, but a large number of nongrade attributes, many of which reflect the intrinsic properties of corn, are found to vary substantially across shipments and to provide extensive information about value. Recommendations for U.S. grades are made. |
Tipo: Journal Article |
Palavras-chave: Commodity marketing; Corn; Grades; Maize; Quality information; L15; Q13. |
Ano: 2003 |
URL: http://purl.umn.edu/37311 |
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Sedjo, Roger A.; Swallow, Stephen K.. |
International environmental and government organizations propose eco-labeling as a market incentive to cause industry to operate in an ecologically sustainable and biodiversity-friendly manner. A microeconomic analysis questions whether eco-labeling will cause producer profits in a competitive industry to decline, even under a voluntary system, and whether eco-labeling will necessarily generate different prices for labeled and unlabeled product. Using wood product as an example, results identify conditions that may exist when firms lose profits, even under a voluntary system, and where existing production constraints may lead to a single price, regardless of labeling. |
Tipo: Working or Discussion Paper |
Palavras-chave: Eco-labeling; Prices; Markets; Environmental Economics and Policy; D40; L10; L15. |
Ano: 1999 |
URL: http://purl.umn.edu/10826 |
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McDonald, R. Allen; Schroeder, Ted C.. |
This study determines the relative effects of price, cattle quality, and feeding performance factors on profit per head for fed cattle marketed via a grid structure. Two different data sets of cattle that were marketed in two different grid pricing systems are used in the analysis with comparisons of results made between grids. Grid base price and feeder cattle price are the most important determinants of profit over time in both grids. However, considering only nonprice variables, the cumulative quality of cattle in a pen is also an important profit determinant. |
Tipo: Journal Article |
Palavras-chave: Cattle feeding profit; Grid pricing; Robust regression; L15; Q12; Q13. |
Ano: 2003 |
URL: http://purl.umn.edu/37836 |
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Raynaud, Emmanuel; Sauvee, Loic; Valceschini, Egizio. |
For many agricultural products, the quality of the final products strongly depends on different stages of the productive chain. This stresses the importance of relationships between quality signal owners and suppliers in the vertical chain. Based on a New Institutional Economics analysis, the goal of this paper is twofold: (i) to design a framework to study the links between quality signaling, coordination in the supply chains and the institutional environment, (ii) to conduct a comparative analysis to identify, compare and explain the modes of organization implemented for the governance of different quality signs. The general hypothesis is that, in order to assure the credibility of a quality signal, there must be an efficient alignment between quality... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Alignment; Credibility; Governance structures; Quality signals; Agribusiness; L14; L15; L22. |
Ano: 2002 |
URL: http://purl.umn.edu/24917 |
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Registros recuperados: 44 | |
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