Showing 1 - 10 of 13
The composite market design is a proposal for a Transferable Discharge Permit (TDP) system which specifically includes agricultural non-point source (NPS) dischargers and addresses both property rights and transaction cost problems. The first step to implementation of a composite market scheme...
Persistent link: https://www.econbiz.de/10005803250
To comply with the European Nitrate Directive, the Flemish manure policy has been elaborated mainly on the base of command and control measures (maximum fertilisation limits etc.). In literature, however, tradable permits are described as a cost efficient and effective instrument. Applied to...
Persistent link: https://www.econbiz.de/10005327253
The paper deals with problems concerning the current sugar policy within the Common Agricultural Policy, especially the efficiency losses due to the combination of high prices and quota on subsidised sugar production. Based on a simple econometric model, the total economic costs of the current...
Persistent link: https://www.econbiz.de/10005493709
The clear definition of property rights is not a sufficient condition to prevent congestion effects in commons. In this paper we present how interesting can be the coordination among owners in the preservation of the common good. Our approach takes into account economic dynamics and incentive...
Persistent link: https://www.econbiz.de/10005493712
agricultural sector. The inefficiencies in their legal systems and problems with contracts enforcement in many instances force … or absence of contracts to regulate transactions between the dairy farmers and their processing partners in the Former … to establish tighter coordination trough long-term formal contracts which will eliminate the present uncertainties and …
Persistent link: https://www.econbiz.de/10011124946
contracts. This paper investigates whether dairy farmers are interested in these POs and contracts and which elements are to be … generally a lack of awareness amongst dairy farmers concerning both the concept of POs and contracts. Dairy farmers are in favor … empowering the dairy farmers. Dairy farmers are less interested in contracts and prefer long term relationships with their buyers. …
Persistent link: https://www.econbiz.de/10011125066
-food supply chain. Economic theories consider contracts as means coordinating entrepreneurs’ decisions (e.g. times, quantity and … mandatory rules regarding contracts of sale of agriculture and food products, aimed at increasing transparency in trade and …
Persistent link: https://www.econbiz.de/10010878644
indicate that introducing contracts with a system of quality differentials creates incentives for producer self-selection to … contracts are more efficient and preferred by the producers than the standard fixed premium schedules. …
Persistent link: https://www.econbiz.de/10005803248
We examine the interaction of marketing channel members and the influence of these interactions on incentives, coordination costs, and risk allocation strategies in a food marketing channel. For this purpose we specify a three-stage principal-agent marketing channel model involving producers,...
Persistent link: https://www.econbiz.de/10005797933
We apply a formal theoretical model of adaptation to two empirical settings within the agri-food industry: specialized pig production and food safety in Denmark. The objective is to allocate decision rights ex ante so that actual decisions taken ex post will optimize the profit accruing to the...
Persistent link: https://www.econbiz.de/10005256635