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This paper presents a dynamic principal-agent analysis of incentive systems for Salmonella control. The European Union will require Salmonella testing from 2008. On the basis of the producer's performance history in controlling Salmonella, the incentive systems analysed determine quality...
Persistent link: https://www.econbiz.de/10005447261
Some hypothesize that poor consumers pay more for food because stores that serve them have higher costs. We assess how supermarket characteristics and operating costs differ with the percentage of sales from food stamp redemptions. Results do not support the hypothesis that costs are higher for...
Persistent link: https://www.econbiz.de/10005500340
Collaboration and advanced information technology are considered essential for successful supply chain management. The effect of supply chain factors, along with store characteristics, market characteristics, and competitive position are considered upon performance measures for sales...
Persistent link: https://www.econbiz.de/10005500361
Dynamic programming models with continuous state and control variables are solved approximately using numerical methods in most applications. We develop a method for measuring the accuracy of numerical solution of stochastic dynamic programming models. Using this method, we compare the accuracy...
Persistent link: https://www.econbiz.de/10005500728
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Small-scale (communal) farmers in South Africa have limited access to factors of production, credit and information, and markets are often constrained by inadequate property rights and high transaction costs. The objective of this research is to investigate whether agricultural cooperatives -...
Persistent link: https://www.econbiz.de/10005500804
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Persistent link: https://www.econbiz.de/10005500974
The food system is undergoing significant structural change at local, national, and international levels. As the food system evolves, some segments along the chain between producers and consumers are disappearing. Others are being transformed. Supply chain concepts are useful for identifying and...
Persistent link: https://www.econbiz.de/10005503331
Empirically based management practice indices are constructed using results from factor analysis of data from 344 stores in the 2000 Supermarket Panel. These indices are compared to six management indices based on expert opinion. The empirical indices group variables differently and provide a...
Persistent link: https://www.econbiz.de/10005503655