Prices transmit information regarding the underlying quality of a product; when quality is unknown to both buyers and sellers, theory predicts that the same price should be charged for all products. However, in the Thoroughbred industry, difference fees are charged to breed to freshman sires,...

Organizational costs in biomass transactions could be a key barrier to commercial development of cellulosic-based industries and will influence the organizational choices of biomass producers and bioenergy processors. Understanding biomass producer characteristics and preferences will be...

A survey was used to gauge consumer preferences toward four fresh pork attributes: juiciness, tenderness, marbling, and leanness. The survey elicited consumer willingness-to-pay a premium for an improvement in these attributes. Approximately one-half of the respondents were willing to pay some...