Agroenvironmental problems (e.g., contamination of ground- and surface water, feed lot odors, endangered species) often involve goods and activities with public goods attributes. Grass roots collective action- in contrast to top-down governmental collective actions of taxing, subsidizing, and...

This article investigates the premium and discount incentive mechanisms in the fed cattle grid pricing system. A pooled cross-sectional dataset containing carcass information on 598 fed steers evaluated weekly on the AMS publically reported price grid was constructed for the years 2001 to 2008...

The endogeneity of retail markups arises due to the correlation between the markups and unobserved costs in the retail pricing equation. This correlations may be a result unobserved product quality affecting both price and markups. Despite inconsistency resulting from markup endogeneity, it has...

The U.S. Department of Agriculture reimburses schools for meals provided to students participating in the National School Lunch and School Breakfast Programs. Reimbursement amounts are based on national average estimated costs of meal production. Food prices, however, vary across the United...

This paper introduces an alternative non-market value elicitation method—the “quasi-doublereferendum†(QDR)—applied to barrier island restoration in Mississippi. It is appropriate for surveys that elicit willingness-to-pay responses to multiple projects differing in scale...

When market transactions generate negative externalities, the injured party may initiate court action to prevent harm or to obtain compensation. The political response, in some cases, has been to broaden the set of agents who can intervene through the court, often by admitting entirely new...

Evidence suggests that economists and agricultural economists have an unusual ability to create anxiety for university administration. Interviewers with university provosts and deans revealed support for faculty conducting relevant policy analysis, and discomfort with economists' participation...

This study examines the optimal allocation of funds between national and urban parks. Since travel costs to national parks are significantly higher than to urban parks, poor households tend to visit the latter more frequently, whereas rich households favor the former. Therefore, allocating...

When welfare reforms were enacted in 1996, a higher than average percentage of residents in the agricultural heartland of California, the San Joaquin Valley, received cash assistance. Average annual unemployment rates during the 1990s ranged from 12% to 20%, and 15% to 20% of residents in major...