This article draws mostly (but not entirely) on new institutional economics to consider the likely behaviours of non-government conservation organizations and the implications of these behaviours for biodiversity conservation. It considers how institutional factors may result in behaviour of...

Changes in consumer preferences have frequently created new markets for new products. This paper explores the antecedents of the changes in consumer preferences and the factors influencing the evolution of niche markets into commodity markets and its speed. The results show that the more...

Replaced with revised version of paper 02/27/08.

Companies carrying out their business activities are looking for the key to long term success under constantly changing circumstances and economic conditions. In order to achieve company goals and in order to satisfy the needs of customers, companies are striving for establishing tight and long...

As changes in modern agribusiness markets have placed increasing emphasis to the study of structural change processes, this research advances an agent based model to examine transitions from a spot market exchange to a vertically coordinated arrangement in a supply chain system. This agent base...

The paper discusses India’s agrarian crisis and the role of corporate-led contract farming in addressing these crisis. A two-stage Heckman model was used to explain determinants of participation in contract farming, and whether participation in contract farming affects farm income. The...

The principal-agent model can be more often employed as a conceptual framework for studies in the fields of economics and finance. This article presents real examples in which this theoretical model fits well. It is admitted that the complexity of this type of model can be a barrier to its use....

Food security—consistent access to enough food for an active, healthy life—is essential for health and good nutrition. The extent to which a nation’s population achieves food security is an indication of its material and social well-being. Differences in the prevalence of household level...

Decades of Soviet rule have left a heritage of environmental and social problems in Central Asia. The demise of an entire ecosystem at unprecedented pace, the "Aral Sea Syndrome", is the most prominent of the undesired outcomes of the focus on agricultural production that has dominated land and...