Whether the poor pay more for food than other income groups is an important question in food price policy research. Stores serving low-income shoppers differ in important ways from stores that receive less of their revenues from Food Stamp redemptions. Stores with more revenues from Food Stamps...

This paper presents a dynamic principal-agent analysis of an incentive system for Salmonella control in the pork supply chain. The incentive system determines quality premiums to the producer, testing frequencies for hogs delivered, as well as charges to the producer for testing and penalties....

The Life Cycle - Permanent Income Hypotheses (LCPIH) suggests that the timing of an income payment or government transfer should have no effect on the expenditures of the recipient. In this paper we test the LCPIH against a dynamic model of household consumption which predicts clustered food...

Results are presented from a follow-up survey of managerial compensation practices in local farm supply and marketing cooperatives in Minnesota, North Dakota, and Wisconsin. In contrast to findings from the original survey, total compensation levels, bonuses, and changes in compensation are all...

In the popular press and in cooperative boardrooms there are discussions about member commitment. Since they are formed to enhance members’ well being, member commitment is an important issue for cooperatives. Cooperative communication strategies may influence member commitment, and these...

Cooperatives face unique challenges in compensating managers because it is more difficult to link the financial interests of the manager to those of the cooperative. One way to overcome this challenge is to use performance-based bonuses. This study of cooperatives in Minnesota and Wisconsin...