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This paper evaluates the results of a survey of Iowa pork producers, examining potential price discrimination by packers. Prices varied greatly across producers, and the examined variables explain just over half of the variation. Factors under the producer's control were the most significant...
Persistent link: https://www.econbiz.de/10005154634
This publication contains estimates of production costs for common livestock enterprises in Iowa. Estimates are intended to refl ect average or above-average levels of management using common types of technology. Input prices reflect expected average price levels during the year.
Persistent link: https://www.econbiz.de/10005125482
The declining share of beef in total U.S. meat consumption has motivated industry-ï¾­wide efforts to improve average beef quality through more effective coordination among the various market participants. Increased use of explicit "grid" pricing mechanisms over the last decade represents...
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This paper presents a general C++ platform for the implementation of a trade network game (TNG) that combines evolutionary game play with preferential partner selection. In the TNG, successive generations of resource constrained traders choose and refuse trade partners on the basis of...
Persistent link: https://www.econbiz.de/10005087854
An evolutionary trade network game (TNG) is proposed for studying the interplay between evolutionary game dynamics and preferential partner selection in various market contexts with distributed adaptive agents. The modular form of the TNG facilitates experimentation with alternative...
Persistent link: https://www.econbiz.de/10005087855
How large are potential benefits from global risksharing? In order to answer this question we propose a new methodology that is closely connected with the empirical growth literature. We obtain estimates of residual risk (growth uncertainty) at various horizons from regressions of...
Persistent link: https://www.econbiz.de/10005087856