The objective of this paper is to characterize the production of roses at the region of Barbacena and to identify its transactionattributes, that is, asset specificity, transaction frequency, and uncertainty. The research is based on the theoretical framework of theNew Institutions Economy which...

Fisheries managers use licenses as a method of capping the size of a fishing industry, but as management goals change and the size of fishery stocks fluctuate, managers may be faced with the decision to buy back licenses. The vast majority of economic literature on license buyback programs...

The theoretical framework developed by the Transaction Costs Economics has been used by several authors to improve theproduction system different actors’ relationships comprehension. However, Transaction Costs Theory application in agri-industrialSystems have been infrequently treated in...

Social Network Capital and Academic Careers: The Case of a College of AgricultureABSTRACT The relationship between economic performance and various forms of capital anchors a significant portion of mainstream economic theory and applied economics. Human, physical and financial capital represent...

Reduction of carbon emissions from deforestation and forest degradation (REDD) has been identified as a cost effective element of the post-Kyoto strategy to achieve long-term climate objectives. The success of REDD depends primarily on the design and implementation of a financial mechanism that...

An experiment was conducted to investigate the interaction between consumers’ past eating behaviors, risk perceptions and future information processing procedure. In the study, participants were required to choose whether or not to eat chicken that was potentially be tainted with Avian...

Bargaining in agriculture is collective because an agent represents multiple principals, the farmers, in contrast to an agent who negotiates on behalf of a single or corporate entity. Collective bargaining adds the complication of securing commitments from several individuals, each possibly...

China’s vegetable quality and safety controls are being challenged as previously seen in other food industries. This study surveyed 170 vegetable processing firms in Zhejiang, China. We systematically investigated Chinese vegetable processing firms’ current status of quality and...

This article presents phases of the transition arena model, which should be introduced as a cure for the main Polish agricultural sector’s problems. Basing on the author’s own experience, logical reasoning and literature overview of transition theory and policy, the proper recommendations...