In 1994 Milk Marketing Boards in the UK were disbanded, their role as milk purchasers was taken by more than 100 licensed organisations. It is shown that this change resulted in an increase in the variation between producers' milk price. The majority of dairy farmers sold milk through the Milk...

Social security is virtually non-existent in India. While governments play a role providing some security to poor households (through the public distribution system targeted at households below the poverty line), in general financial security remains the responsibility of individuals. Life...

This paper analyzes tobacco demand within a discrete choice framework. Using binomial and multinomial logit models with random effects, and an unbalanced panel data set of Norwegian households over a twenty year period, we first consider the decisions a) whether to smoke or not, and b) given the...

In this thesis, a model of bankruptcy prediction conditional on financial statements is presented. Apart from giving a discussion on the suggested variables the issue of functional form is raised. The specification most commonly applied for the bankruptcy prediction model implies that the rate...

Interest in mandatory country-of-origin labeling of fresh meats exists at both the state and national levels. A sample of beef handling firms in Louisiana (processors, retailers and restaurants) was surveyed by telephone to identify the characteristics of these firms that would help explain...

For more than three decades, microeconomists have been studying the conditions under which product bundling is a remunerative sales strategy. Only recently, bundling aroused the interest of marketing academics. Until now, no serious attempts have been made to integrate the existing research...

To date, relatively little empirical research has been conducted on the efficacy of the trade credit risk prediction model in the context of international trade applications. Using a sample of listed firms in seven Asia-Pacific capital markets (Hong Kong Japan, Korea, Malaysia Singapore,...

In this study, it is shown that most of the countries that joined the European Union (EU) in 2004 fail to qualify for economic integration with the EU because they do not meet the Maastricht criteria. This suggests that the decision by the EU welcoming these countries as full members reflects a...