The objective of this work is to analyze the Arte Rio Cooperative’s decision making process to assess how far it comprehends itsmembers’ cooperative production system, i.e. if there is a logic governing the process that is different from utilitarian economics. Itwas inferred that the logic...

Aktuellen Beobachtungen im deutschen Lebensmitteleinzelhandel (LEH) zufolge treten die Handelsunternehmen mit der Einführung von Premiumhandelsmarken bzw. Genusshandels-marken (als sehr jungen Premiumhandelsmarkentyp) in direkte Konkurrenz zu entsprechen-den Herstellermarken und stellen Themen...

Farm-level Census data and county-level income shock data reveal that past unexpected income shocks affect the rate of change in average farm size. Average farm size increases more quickly in counties experiencing negative income shocks as compared to counties experiencing positive income...

We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

This paper analyzes the variance in accounting profitability within the European food industry. Based on a large panel data set, the variance in return on assets (ROA) is decomposed into year, country, industry, and firm effects. Further on, we include all possible interactions between year,...

This article aims to explore the vertical integration decision of a beef processor from an integrated approach operations strategy andtransaction costs economic theory. In this research, vertical integration as a structural decision of operations strategy determinedby the occurrence of...

A kilencvenes évtized első éveiben a külföldi tőkebefektetés egyik kiemelt cél-pontja az élelmiszeripar volt. A rendkívül gyors vállalat-felvásárlás és a megva-lósított tőkeemelés hatására 1993-ban a (vizsgált) élelmiszeripar összes jegyzett tőkéjének már 43...

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The analysis and measurement of production and transaction costs is an important tool in guiding decisions and in comprehendingthe behavior of the agents in a particular institutional environment. Although production costs have been widely studied in theliterature, transaction costs have not...

Measurement Cost Theory (MCT) and Transaction Cost Economics (TCE) are both theoretical frameworks applied to the studyof economic transactions. In the MCT, the attributes’ measurability is a key variable for identifying efficient modes of governance.The application of MCT to agri systems...