Chinese consumers’ choices among meat stores are examined through a model that can capture consumer heterogeneities both in their opinion of various store attributes and in how much weight they attach to each attribute. This approach not only informs store managers as to what attributes...

Prices transmit information regarding the underlying quality of a product; when quality is unknown to both buyers and sellers, theory predicts that the same price should be charged for all products. However, in the Thoroughbred industry, difference fees are charged to breed to freshman sires,...

Many Thoroughbred stallions are being bred to increasing numbers of mares. This practice raises the question of how progeny value is affected by an increased supply of foals by the same sire, which ultimately influences the sire’s value. This paper addresses that question. Three of the...

Pricing and technological innovation are discussed within the context of the beef industry’s value-based marketing initiative. Cash and contract marketing practices for fed cattle are addressed with respect to slaughter volume and pricing methods (live, dressed, and grid). A methodology...

Orange producers in many regions of the U.S. are affected by the recurrence of frost. This study evaluated 147 California farmers' perceptions of frost risk relative to other business risks. Freeze risk perception was negatively related, for example, to farm size. Large farmers with diversified...

Federal technology transfer legislation has encouraged increased collaboration between the public and private sectors, including joint research ventures known as Cooperative Research and Development Agreements (CRADAs). While several economically important technologies have been developed...

This study examines the risks associated with adoption of biotech crops and discusses their implications for risk management at the farm level. We develop an analytical risk evaluation matrix framework to illustrate changes in production and marketing risks of biotech and non-biotech crops....

Land Grant Universities are partnering with private firms to fulfill the university mission. Public and private entities can come together in mutually beneficial activities, measured by fulfillment of each party's mission. Rules of engagement are discussed. Six actual agreements currently in...

This study examines media coverage of genetically modified (GM) crops in a risk communication framework. Content analysis is employed to investigate how specific environmental, food safety, and landmark events, such as the monarch butterfly and Pusztai controversies, and the cloning of...

Organizational costs in biomass transactions could be a key barrier to commercial development of cellulosic-based industries and will influence the organizational choices of biomass producers and bioenergy processors. Understanding biomass producer characteristics and preferences will be...