This study seeks to determine the workings of a system of acreage allocation given price and yield uncertainty so as to identify the role that uncertainty in market output has in acreage allocation decisions. This study adapts expected utility as developed by Chavas and Holt. The major findings...

Using an augmented gravity model this paper examines how different aspects of trade facilitations affect the export performance of the nations. The main objective of this paper is to evaluate the effect of one of the main pillars of trade facilitations namely e-governance on international trade....

In this study, we measure willingness to pay for E10 fuel by US consumers employing a contingent valuation technique in a simultaneous latent variable equation framework. The simultaneous equation framework helps us to understand the way consumers' perceptions about ethanol are developed and...

The purpose of the paper is to understand the soci-economic factors affecting the distribution of community reinvestment act loans across four income groups using county level information from 1996-2004 for the delta region. The specific objectives of the paper 1) Estimate an seemingly unrelated...

Since the early 1900s much research has been conducted on salary gaps between men and women in different professions. While some of that work has focused on agricultural economics professionals, little research could be found specifically relating to agricultural economic professionals in...

The distribution of income and wealth resulting from risk-taking behavior significantly affects cooperation and risk-sharing in many areas in many governmental programs, including health insurance and agricultural production. This paper studies redistributive decision making and fairness...

Mixed cropping has advantages to famers because it allows diversification for reducing risk, which caused by unfavorable weather and market price variability. This research aims to analyze and determine factors that influence farmer’s decision to transfer from growing traditional crops (a...

Genetically modified (GM) rice has been developed to confer pest resistance, herbicide tolerance and health benefits, yet regulatory, policy and market barriers prevent commercialization of GM rice. This study assesses factors based on consumer survey results that assess acceptance of GM rice in...

A consumer preference study that included willingness to pay and consumer sensory experiments was conducted for ground bison versus ground beef. A total of 82 subjects completed the study. The initial statistical analysis suggest that there is consistent consumer behavior with respect to...