Food cooperatives play an important role in local food networks as business organizations that use innovative business strategies to market local foods to their members and consumers. We utilize data from a national study of the members of eight food cooperatives in the U.S. The objective of...

São Tomé e Principe is a small country in the middle of the Atlantic and exactly located at the Equator. It is a country where food consumption has been mainly dependent upon local production (where nature is very exuberant), but where imports, donations and globalization are determinant...

In recent years a number of ongoing social, economical and institutional changes have progressively led, on the one hand, to the emergence of intricate competitive scenarios, and, on the other, to a more extensive role of the food industry in modern society. Two fundamental issues – the...

Catering in Finland and Sweden constitutes a large industry serving annually 800 million meals and 1,9 billion meals, respectively. On the sector public caterers constitute an influential professional subgroup responding to political pressures for sustainability and illustrating the use of...

Designing a conservation auction where bidders know the ecological value of their land poses challenges for policy makers because bidders will tend to increase their asking price. This is known as strategic behaviour, and it is particularly prevalent in sequential auction settings. The tender...

Auctions are commonly used when a seller is unsure about the values that potential buyers attach to the object being sold. Bidders’ willingness to pay can be elicited in the form of bids. Many auctions are designed to be truth revealing such that bidders’ optimal strategy is to bid their...

This paper provides further evidence to support behavioral explanation of the momentum profit. We use VIX index as an approximate of market participants’ degree of fear, which is contrary to overconfidence level and explore the relation between momentum return and VIX index. We find strong...

Tradable emissions permits have been implemented to control pollution levels in various markets around the world and represent a major component of legislative efforts to control greenhouse gas (GHG) emissions in the United States. Because permits are supplied for a fixed level of pollution,...