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Theory provides limited understanding of auctions in complex, multi-unit settings. This absence became apparent when performance concerns were raised over wholesale electric power auctions in England and California. This research used experiments involving 234 subjects to partially bridge the...
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Pre- and post-release adoption studies for rBST are evaluated for insights into improving ex ante projection methodologies. The conclusion is drawn that user surveys can provide reasonable projections, but the following factors require consideration. The sigmoid curve fits the data well, but the...
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This letter examines, by example, variations in results of typical empirical tests when data sets of different periodicity are compared. The example involves an investigation of the price transmission process in the US broiler industry utilizing separate monthly and weekly data sets. Differing...
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Most auction experiments designed to determine subjects' values use repeated trials. This is primarily to give subjects a chance to understand the auction and to learn from market feedback. However, concerns exist that repetition could lead to affiliation of values with subjects following final...
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Historically, Jordan's traditional markets for fresh produce have been the Persian Gulf countries. However, these exports have declined in recent years and new markets in Europe have been tapped. One of the main constraints to expanding the European market is the lack of quality-oriented packing...
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This study demographically determines: which consumers are currently buying organic produce; consumer comparisons of organic and conventional produce; and consumer purchase likelihood of higher-priced organic produce. Data were collected from a Delaware consumer survey, dealing with fresh produce...
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