A random nth price experimental auction is used to elicit the willingness to pay (WTP) a premium for the locally produced and high quality white bean "Mongeta Ganxet" (MG) (Catalonia - Spain). Moreover, we are interested in testing the effect on the WTP of providing different pieces of...

We report the result of experiments designed to assess the effect of initial endowments on willingness to pay values elicited from multi-unit Vickrey auctions. Comparing bids from an “endow and upgrade” approach with the “full bidding” approach, we find that the direction of the...

Replaced with revised version of paper 06/28/10

This paper proposes the use of multi-unit auctions in studying consumers’ willingness to pay (WTP) for food products in a multi-unit shopping scenario. We show how this method can overcome the limitations of single-unit experimental auctions in obtaining useful information related to WTP for...

A regime-switching vector error correction model is applied to monthly price data to assess the impact of BSE outbreaks on price relationships and patterns of transmission among farm and retail markets for bovine in Spain. To evaluate the degree to which price transmission is affected by BSE...

ResumenEn un entorno económico más globalizado, la competitividad de las empresas se convierte en una necesidad estratégica de supervivencia, sobre todo en el sector agroindustrial. Ante los cambios observados en los mercados y los hábitos del consumidor, las empresas deben adaptarse...

Resumen En un entorno económico más globalizado, la competitividad de las empresas se convierte en una necesidad estratégica de supervivencia, sobre todo en el sector agroindustrial. Ante los cambios observados en los mercados y los hábitos del consumidor, las empresas deben adaptarse...

Small smoked and processed meat manufacturers constitute a unique cottage industry in Texas. This paper assesses ways for such firms to improve their financial performance through better marketing strategies. The results indicate that, on average, small firms tend to be the most profitable. This...