This paper conducts several analyses to discuss about consumers' preference of rice brands and suggest a way to reduce the number that currently stands at about 1,700 in the Korean market. With data collected from 358 survey respondents, a conjoint analysis was conducted to identify consumers'...

Danish farmers have been far less interested in agri-environmental subsidy schemes than anticipated. We use choiceexperiments to estimate 486 Danish farmers’ preferences for a number of policy relevant scheme-characteristics.Subsidy schemes for pesticide free buffer zones along hedgerows are...

Agri-environmental programs in Japan have generally been promoted through the provision of fixedpayments for certain environment-friendly farming and management practices. However, the auctioning of agrienvironmentalcontracts is a noteworthy alternative for the furtherance of such programs....

This paper identifies and synthesises strategic opportunities and challenges facing New Zealand’s sheep meat and beef sector over the next 10 to 15 years. A Delphi surveydraws on the sector’s collective knowledge and identifies areas of consensus anddivergence of opinion. Using the results...

Market-based instruments (MBIs) for resource management create financial incentives for people and businesses to use resources more efficiently, within a regulatory context designed to ensure that ecological, social and cultural objectives are also met. Three case studies were done to identify...

Litchi is an important crop in the mountainous part of northern Thailand yet its profitability has declined during the last 15 years. The replacement of litchi fruit orchards for seasonal flowers and vegetables has external costs related to increased levels of soil erosion, pesticides, and...

A number of studies have tested economic models of household decision-making, yet there is no consensus regarding which is most appropriate for practical application. One area where the choice of household decision model has potentially important implications is the valuation of child health or...

This study determines the factors that influenced contract choice, labour demand and examines the existence of labour hoarding practice in Western region of Kenya. Data from Egerton University’s Tegemeo Institute of Agricultural Policy and Development was used for the analysis.. A two step...

This paper investigates the dynamics of sequential decision-making in agricultural futures andoptions markets using a quantile regression framework. Analysis of trading records of 12 traderssuggests that there is great heterogeneity in individual trading behavior. Traders responddifferently to...

We study the difference in the volatility dynamics of CBOT corn, soybeans, and oatsfutures prices across different delivery horizons via the smoothed Bayesian estimatorof Karali, Dorfman, and Thurman (2010). We show that the futures price volatilitiesin these markets are affected by the...