Browsing Agricultural Economics Faculty Research and Publications by Title

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• (2014-04-28)
This study quantifies the price impacts from the closure of all U.S. horse slaughter plants in 2007 on live horses at a Montana auction. The hedonic pricing model includes supply and demand factors such as horse-specific ...
• (2013-03-21)
This article proposes a method to accommodate asymmetric information on farmers’ risk preferences in designing voluntary environmental policies. By incorporating stochastic efficiency rules in a mechanism design problem, ...
• (2013-07-09)
This article examines the relationships between different ethical attitudes toward environmental quality and the ‘use’ values obtained from the environment. In particular, we consider individuals who have duty-based ethical ...
• (2017-11)
Temperature increases due to climate change are expected to cause substantial reductions in global wheat yields. However, uncertainty remains regarding the potential role for irrigation as an adaptation strategy to offset ...
• (2014-04-28)
Adoption of country-of-origin-labeling (COOL) has important implications for U.S. food exports. We assess the impact of COOL on imported rice and pork for Japanese female consumers using an auction experiment. In a first ...
• (2012-06-22)
Analysis of survey data indicates that Japanese consumers discount their willingness to pay for U.S. beef and pork relative to that of domestic products, but that the discounts have declined from 2006 to 2009. The discounts ...
• Two features of international markets of agricultural commodities are bilateral market power of exporting and importing countries and the coexistence of non-genetically modified (non-GM) and genetically modified (GM) ...
• (2015-05-11)
Asset obsolescence or external obsolescence is a decline in the economic value of capital because of a decrease in demand for the capital’s services. Measurements of sunk costs typically use appraised values of capital. ...
• (2012-06-22)
This paper determines the benefits and costs of firm-level advertising in a monopolistically competitive industry. The model is useful in an environment in which firm-level costs may be absent or imprecise. The empirical ...
• (2018-02)
We develop a dynamic model of groundwater extraction for irrigation where climate change and technical change are included as exogenous state variables in addition to the usual state variable of the stock of groundwater. ...
• (2017-11)
A key challenge in determining the optimal research and development (R&D) investment portfolio for adapting to climate change in agriculture is to understand the potential benefits from reducing alternative sources of ...
• Thin markets create challenges for reporting market information by the U.S. Department of Agriculture (USDA) and for users of the information. This study examines distributions of transactions comprising daily price reports ...
• (2013-12-11)
Proponents of the U.S. mandatory country-of-origin labeling (MCOOL) law have argued that consumers prefer domestic meat and value labels confirming domestic origin. Following legislation enacted in March 2009, an ex post ...
• (2014-10-13)
This study evaluates the Adjusted Gross Revenue-Lite (AGR-Lite) whole-farm adjusted gross revenue insurance program on net farm income risk using panel data from 49 southeast Kansas beef farms. On average for the group, ...
• (2008-09-24)
BSE has not been found in the US* but current detection efforts provide little assurance that it does not exist at a low level. The US has taken precautionary measures to reduce the risk of importing the disease and the ...
• (2014-12-03)
When given the choice between $100 today and$110 in 1 week, certain people are more likely to choose the immediate, yet smaller reward. The present study examined the relations between temporal discounting rate and body ...
• (2013-02-04)
Integrated environmental modeling enables the development of comprehensive simulations by compositing individual models within and across disciplines. The Simple Script Wrapper (SSW), developed here, provides a foundation ...

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