Grain hauling railroads began offering shipping alternatives in the late 1980s that have made transportation decisions more strategic. Shippers now confront alternatives ranging from nearby and unguaranteed ordering to various durations of forward and guaranteed shipment. A dynamic stochastic...

An important characteristic in the malting barley market is the multitude of quality variables which affect the value of particular samples. The purpose of this study was to estimate implicit (or hedonic) prices for selected quality factors. An econometric model was used to analyze factors...