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Contracts are an increasingly common method for coordinating exchange in the food industry. Contracts often include specifications for product attributes including food safety. One of the goals of explicit safety specifications is to discourage or deter suppliers who would deliver unsafe food....
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Economists have been successful in bringing their definitional and analytical tools to many of the problems that have confronted society over the past century and more, from Smith’s explanation of how nations produce wealth to Arrow’s explanation of the impossibility of social choice and...
Persistent link: https://www.econbiz.de/10009020546
Sustainability initiatives are frequently imposed on upstream supply chain members by their more powerful downstream partners. This paper assesses the challenges of estimating costs and benefits for participants and the difficulties associated with identifying their locations and effects in the...
Persistent link: https://www.econbiz.de/10009020841
The motivation for this research was to determine the influence of public policies on economic feasibility of producing algal biodiesel in a system that produced all its energy needs internally. To achieve this, a steady-state mass balance/unit operation system was modeled first. Open raceway...
Persistent link: https://www.econbiz.de/10011045825
Ammonia is an important input into agriculture and is used widely as base chemical for the chemical industry. It has recently been proposed as a sustainable transportation fuel and convenient one-way hydrogen carrier. Employing typical meteorological data for Palmdale, CA, solar energy is...
Persistent link: https://www.econbiz.de/10011053065
This research examines the robustness of four different estimation approaches to evaluate their ability to estimate a “true” cost frontier and associated economic measures. The manuscript evaluates three parametric methods including a two-sided error system, OLS with only positive errors,...
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