The objective of this paper is to provide insights on the welfare distributional impact on consumer and producer welfare resulting from the development and implementation of a credence certification program in the U.S. pork sector. The certification program can provide various levels of tracking...

Consumers' preferences for credence attributes of a product may differ from each other, when facing the choices between branded and/or non-branded products. We test this hypothesis with conditional and mixed logit regression using data obtained by choice experiment surveys. The results suggest...

Consumers, policy makers, and business decision makers are increasingly concerned about food safety and security. In the U.S. meat industry, certification programs could address some of these problems. This study builds a three-sector partial equilibrium model to analyze the distributional...

Optimal hedging strategies are analyzed for a cooperative operating a price pooling system in the presence of price and quantity risk. A three-period model, accounting for default risk and storage, is developed. Hedging allows the cooperative to increase the pool price offered to farmers by 2.8...

Capstone courses are being developed in colleges of agriculture in response to demands from agribusiness firms, students, and other university stakeholders. With data from a faculty survey, the factors affecting the success of capstone courses in agricultural economics as well as other...

We investigate whether consumer preferences for food products embodying multiple credence attributes are easily satiated. Results from two treatments of an experiment suggest choices are not aected by the order in which attributes are presented. Initial evidence suggests diminishing marginal...

EPA has the authority to ban pesticides to reduce health risks to consumers from food residues. Such bans influence the price of fruits and vegetables, and the resulting consumption shifts impact consumer health. We develop a framework to compare the direct and indirect health effects of...

"Fat taxes" have been proposed as a way of addressing food-related health concerns. In this paper, we investigate the possible effects of "thin subsidies," consumption subsidies for healthier foods. Empirical simulations, based on data from the Continuing Study of Food Intake by Individuals, are...

Invasive species are a negative externality associated with imported goods. Policies aimed at excluding pests associated with imports include pre-shipment treatment requirements, varied inspection schemes, treatment at the border, penalties, and import bans or restrictions. Existing policies are...