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The use of electronic commerce for quality control and cost cutting efficiencies by the food and agricultural industries in the United States is the focus of this paper. The food industry engages in e-commerce through 1.) Internet shopping for consumers called business-to-consumer (B2C)...
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A split-valuation method is developed and implemented to elicit the willingness to pay to consume- or avoid consuming- a product of ambiguous quality. The split-valuation method uses experimental auction markets to separate and value the positive and negative attributes of the ambiguous good....
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This paper develops a quarterly dynamic simulation model of the U.S. livestock sector which is useful for both policy analysis and technology assessment. The model includes a complete representation of the livestock and meat supply sector, processing or margin sector and meat demand. First the...
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