Bid prices were elicited for standard-label cookies, muffins, and potato chips and those identified as not including genetically modified (GM) ingredients using an experimental auction. Including a statement that the product did not include GM ingredients increased bids over those offered for...

Scientific inquiry is increasing our knowledge of plant and animal genomics. The ability to specify heterogeneous production processes, to sort agricultural inputs by genotype, or to guide breeding programs to satisfy specific markets based on genetic expression may potentially increase producer...

Food prices surged in the United States and around the world between 2006 and 2008. Global increases have been attributed to income growth in the developing world, diversion of farm products from food to industrial usage, speculation in commodity markets, and energy price increases. Although...

Competition for publicly owned natural resources may be intensified when property rights are incomplete. Incomplete delineation of these rights among claimants to the various resource attributes of the public rangelands of the western United States has resulted in high transaction costs for...

This study attempts to link factors affecting the demand for Bureau of Land Management grazing to perceived changes in permittee welfare over the 1962-92 period. Annual demand for federal forage is found to be sensitive to active preference, beef cow and breeding ewe inventories, and grazing...

Teaching efficiency is investigated for the nine departments in the College of Agriculture, Food Systems, and Natural Resources at North Dakota State University. Using Data Envelopment Analysis, departments are compared to their College peers in converting teaching faculty and teaching funds...

Co-products of processing agricultural commodities are often marketed through private transaction rather than through public markets or those in which public transaction information is recorded or available. The resulting lack of historical price information prohibits the use of positive time...

Market structure is tested in 47 subsectors of the US food industry between 1958-1994. All industries exert market power in at least some of the sample years. Deadweight loss estimates resulting from noncompetitive behavior ranging from over $5 billion in soft drinks to under $1 million in the...

The Tax Reform Act of 1986 has been shown to greatly impact after-tax net farm incomes for sole proprietor agricultural enterprises. Capitalization of these income reductions into land values of a typical Western beef cattle ranch is assessed in this article. Total effects of the Act may...