We examine consistency with economic theory of markup decisions for a risk averse firm facing demand uncertainty. We derive testable comparative static results that describe the influence on the markup of expected demand, demand uncertainty, average variable costs and exogenous demand shifters....

This paper describes preferences for attributes of ideal soil substitutes reported by industry demand segments, and relates those attributes to willingness to pay for soil substitutes. Regression results on principal components indicate that concern over product stability, safety and...

Organic farmers, wholesalers, and retailers need reliable price forecasts to improve their decision- making practices. This paper presents a methodology and protocol to select the best-performing method from several time and frequency domain candidates. Weekly farmgate prices for organic fresh...

Organic farmers, wholesalers, and retailers need price forecasts to improve their decision-making practices. This paper presents a methodology and protocol to select the best performing method from several time and frequency domain candidates. Weekly farmgate prices for organic fresh produce are...

Fixed search costs associated with locating and purchasing pecans invalidate the Tobit model. Factors such as perceived quality, ease of purchase, and familiarity with marketing outlets influence the fixed costs of pecan purchases. These factors have differing impacts on the probability of...

This study has examined the use of an Object-Oriented GIS framework to generate and analyze spatial data in recreation demand analysis. Several forms of GIS analysis are introduced and explained as how they can be utilized in recreational demand analysis. An application of GIS to calculate...

The study analyzes the impacts of economic and noneconomic factors on import demand for canola oil. The import demand pattern for canola oil in the United States is influenced by changes in the world's oilseeds market and government oilseeds programs and policies, including tariffs and...

An expected utility model and a chance constrained linear programming model were used to analyze four marketing strategies and seven crop insurance alternatives in cotton marketing in Georgia. The results obtained suggest that the existing marketing tools and insurance alternatives can be used...

Food expenditure patterns were examined for Hispanic households in the U.S. Engel curves for three food categories: food eaten at-home, food eaten away-from-home, and for total food, were estimated using four different functional forms. Confidence intervals for income and household elasticities...