THE EFFECT OF RISK AND AUTONOMY ON INDEPENDENT HOG PRODUCERS' CONTRACTING DECISIONS

The introduction of vertical coordination in the hog industry has provided producers with new business arrangements for raising hogs. While some researchers have elicited utility functions for hog producers on the basis of income risk, none have addressed autonomy, a factor which appears to be important in business arrangement selection for independent family hog operations. In this study, a method is developed for eliciting a multi-attribute function with attributes of income and autonomy. Utility functions are elicited for a group of Minnesota farrow-to-finish hog producers. For these producers, autonomy dominated risk as the most important attribute in business arrangement selection.Livestock Production/Industries,

Infrared scanner Patent

Infrared scanning system for maintaining spacecraft orientation with earth referenc

Data protection: the challenges facing social networking

The popularity of social networking sites has increased dramatically over the past decade. A recent report indicated that thirty-eight percent of online users have a social networking profile. Many of these social networking site users (SNS users) post or provide personal information over the internet every day. According to the latest OfCom study, the average adult SNS user has profiles on 1.6 sites and most check their profiles at least once every other day. However, the recent rise in social networking activity has opened the door to the misuse and abuse of personal information through identity theft, cyber stalking, and undesirable screenings by prospective employers. Behavioral advertising programs have also misused personal information available on social networking sites. Society is now facing an important question: what level of privacy should be expected and required within the social networking environment

Adoption of Technology, Management Practices, and Production Systems in U.S. Milk Production

We examine U.S. dairy farmer adopter characteristics and adoption rates of eleven technologies. Excepting grazing, technologies were generally adopted complementarily. Four were used on higher percentages of farms in 2005 than 2000. The interaction of farm size with adoption suggests greater percentages of milk being produced under each, excepting grazing.Technically Complementary, Technology, Management Practices, Production System, Farm Management, Livestock Production/Industries, Production Economics,

FACTORS AFFECTING PRODUCTION EFFICIENCY IN A NEW ALTERNATIVE ENTERPRISE: THE CASE OF THE RATITE INDUSTRY

Technical efficiency measures are calculated for ratite producers using data envelopment analysis. Regression analysis is then used to determine producer characteristics that are likely to lead to higher technical efficiencies. Results indicate that the most technically efficient ratite producers in Louisiana are not producing at the benchmark efficiency level advocated by the industry. Producer experience with other livestock, specialization, and labor are factors likely to lead to higher technical efficiency. These results are expected to hold for most new, alternative livestock enterprises.Data envelopment analysis, Ratite, Technical efficiency, Livestock Production/Industries, Productivity Analysis,

THEORETICAL AND EMPIRICAL CONSIDERATIONS OF ELICITING PREFERENCES AND MODEL ESTIMATION IN CONJOINT ANALYSIS

The theoretical underpinnings associated with eliciting consumer preferences and statistical properties of alternative models in conjoint analysis are examined. Results show that model selection makes little difference in the context of sign and significance of coefficients. However, results show that tobit is a better predictor of ordinal ranking relative to the probit model.Demand and Price Analysis,

BEEF PRODUCER CHOICE IN CATTLE MARKETING

In addition to the conventional auction method of cattle marketing, alternative marketing arrangements include sale by private treaty, video auction, retained ownership, and use of strategic alliances. This study examines use of alternative marketing arrangements and types of producers using each. Thirty-nine percent of producers used alternative arrangements.Marketing,

Analysis of Cardinal and Ordinal Assumptions in Conjoint Analysis

Of twenty-three agricultural economics conjoint analyses conducted between 1990 and 2001, seventeen used interval-rating scales, with estimation procedures varying widely. This study tests cardinality assumptions in conjoint analysis when interval-rating scales are used, and tests whether the ordered probit or two-limit tobit model is the most valid. Results indicate that cardinality assumptions are invalid, but estimates of the underlying utility scale for the two models do not differ. Thus, while the ordered probit model is theoretically more appealing, the two-limit tobit model may be more useful in practice, especially in cases with limited degrees of freedom, such as with individual-level conjoint models.ordered probit, two-limit probit, conjoint analysis, cardinality, Research Methods/ Statistical Methods,

Beef Producer Choice in Cattle Marketing

In addition to the conventional auction method of cattle marketing, some alternative marketing arrangements include sale by private treaty, video auction, retained ownership, and use of strategic alliances. This study finds that 91% of Louisiana producers use conventional auctions, while 39% use other types of marketing arrangements. The most heavily used alternative marketing arrangement is private treaty, at 26%. Those producers using alternative marketing arrangements tend to be larger, have heavier weaning weights, have more diverse farming operations, be younger, have greater contact with their county extension agents, and depend less on income from off-farm sources.cattle marketing, conventional auction, private treaty, strategic alliance, video auction, Livestock Production/Industries, Marketing,