This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...

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In many Asian countries, women play a significant but varying role in the management of livestock and the use of common resources plays an important role in animal husbandry, and can affect the health of some types of livestock. This paper concentrates on village livestock in Thailand and makes...

This paper investigates the effects of network based individual social capital on the access of rural households to services. In the context of development economics, an innovative data collection approach is used to determine network based social capital. The approach originates from the field...

The first choice experiment investigated consumer preferences for different housing systems, while the second investigated consumer preferences for attributes of a housing system. Each choice experiment had two information treatments. In both treatments, a description of each housing system was...

Funds for public programmes for control of animal diseases are limited and especially so in less developed countries. Therefore it is important from an economic point of view to get the 'best value for money' from such control expenditure. After briefly reviewing the economic rationale for...

This discussion paper is designed to provide an introduction to the various methods of valuing so-called ‘non-market goods’ for economic analysis of animal health programs. The concept of non-market values is examined, with examples in relation to animal health. Various techniques for...

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