One of the challenges in estimating economic impacts of recreational activity and natural resource use is collecting survey data when the underlying population is not perfectly known. We combine bootstrapping techniques with input output analysis to estimate impacts from recreational activity at...

Paper removed by authors for revision - 3/13/08.

We analyze the risks, returns and optimal adoption strategies for a representative Minnesota farm switching from conventional to organic cropping systems. The EPIC simulation model was calibrated based on the yields observed in a farming systems field study. A farm-level simulation model was...

A model is presented in which spot and contract market exchange co-exist. A contract consists of a delivery requirement between an upstream and a downstream party. Contract formation determines to a certain extent the probability distribution of the spot market price. This contract formation...

In this paper we investigate the welfare effects of technological convergence in the food industries. We extend Krugman's (1980) monopolistic competition model to allow for technological differences between two (groups of) countries. Technological convergence is reflected in a narrowing...

Traceability is becoming a condition for doing business in European food markets. Retailers are adopting standards that are more stringent than what is mandatory. An example is EurepGAP, a quality standard for good agricultural practices that includes traceability as a main requirement. We...

The purpose of this article is to examine the effect of cognitive dissonance in a mixed oligopoly where a local cooperative competes with an investor-owned firm (IOF) for the local market. The article explicitly incorporates individuals' beliefs regarding the quality of the two organizations as...

We developed a theoretical model of state-level entrepreneurship activity, as measured independently by firm creation, patent applications and presence of 500Inc. firms. We estimated the roles of innovations, financial capital, state resources and entrepreneurial climate. The empirical results...

Factors influencing the adoption of Russian Varroa-Resistant honey bees were assessed using a double hurdle model. Results indicate factors associated with the adoption include sales over $1,000 of bee related products, residence in the delta states, internet use, and membership in the AHPA....

Over the past 10 years, the growth of nontraditional retail food outlets has been of the biggest changes in the retail food market landscape. Nontraditional retailers have helped to increase the variety of shopping and food options available to consumers, and also have increased the amount of...