This article uses national, quarterly data to conduct an empirical analysis of pre-committed meat and fish demand by US and Japanese households using the Generalized Almost Ideal Demand System (GAIDS). US consumers are found to hold pre-committed demand for beef and pork, while Japanese...

We develop a multi-market equilibrium displacement model that allows for demand linkages (substitutes or complements) across downstream product markets, and supply linkages through the common use of a raw commodity as the key input. Applying the model to the dairy sector, we find that the...

The curvature properties of the indirect utility function imply a set of refutable implications in the form of comparative static results and symmetric relations for the competitive firm operating under uncertainty. These hypotheses, first derived and empirically tested under output price...

A strategic analysis was developed for XYZ Research Corporation (the true company's name is disguised). The strategic analysis involved a series of visits to the company to conduct focus groups with its employees and management. Five focus groups were carried out at XYZ Research Corporation....

Federal policy on manure management has focused on water-quality protection. However, animal agriculture is an important source of ammonia-nitrogen and other air emissions, increasing attention on air-quality concerns. Policies to address air emissions would influence both the costs of meeting...

This paper models the current problem of overabundance (and under-harvesting) of white-tailed deer as a Principal-Agent problem, with adverse selection and moral hazard. Using econometric analysis of data available from hunter behaviors studies in Pennsylvania, overall welfare gains are...

Using a three-stage sample selection model, we identify factors affecting the probability and level of participation in CRP. Statistical tests support hypotheses that off-farm work and participation in other farm programs are exogenous to the CRP decision. We compare the relative technical and...

A trading ratio is required for water quality trading that involves nonpoint sources to compensate for the difficulty of determining nonpoint loadings, the stochastic characteristics of nonpoint loadings, and the uncertainty inherent in nonpoint source pollution control strategies. Compensating...

A demand system that includes five different beverages of various container sizes was estimated using a Censor Corrected Almost Ideal Demand System (CAIDS). Resulting elasticities provide information about intra-product relationships (same product but different sizes), intra-size relationships...