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Nitrate contamination of municipal and domestic well water supplies is becoming an increasing problem in many rural and urban areas, raising the cost of providing safe drinking water. The objective of this paper is to describe a marketable permit scheme that can effectively manage nitrate...
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The introduction of vertical coordination in the hog industry has provided producers with new business arrangements for raising hogs. While some researchers have elicited utility functions for hog producers on the basis of income risk, none have addressed autonomy, a factor which appears to be...
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This USDA-sponsored study uses panels of ethanol industry experts and follow up interviews with plant owners and managers to examine how information technology has impacted the structure, organization, and operations of the fuel ethanol industry. The study examined the following questions...
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An empirical incomplete contracts approach is used to analyze optimal integration schemes in a Minnesota dairy farm supply chain that transfers feed and manure. The results show that the forage enterprise is the constraining factor. The preferred ownership structure is for a forage producer to...
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