In this research, we integrated an experimental auction with sensory science techniques—namely, trained sensory panels used to analyze the sensory attributes of wines—to examine the effects of objective and sensory information in the market for California-produced Cabernet Sauvignons. The...

How and how well growers manage the risks inherent in agriculture have direct welfare implications for producers and consumers at both local and societal levels. While better weather, pest and disease forecast information are rapidly disseminating among producers and are often touted as...

Climate models predict more weather extremes in the coming decades. Weather shocks can directly reduce crop production, but their effect on food markets is partly buffered by storage and supply responses that can be complex and nuanced. We explore how inter-hemispheric trade and supply responses...

Climate has obvious direct effects on agricultural production. The reverse is more apparent than ever as greenhouse gas emissions from agriculture are tallied. The development and effective diffusion of new agricultural practices and technologies will largely shape how and how well farmers...

Many commentators have claimed that farm subsidies have contributed significantly to the ―obesity epidemic‖ by making fattening foods relatively cheap and abundant and, symmetrically, that taxing ―unhealthy‖ commodities or subsidizing ―healthy‖ commodities would contribute to...

Viruses and related pathogens have no cure and impose large costs on plant production. These diseases are typically spread through infected planting stock and plant propagation material. However, virus spread can be minimized if clean stock is used. We examine the costs and benefits of a virus...