This study analyses sub-optimal economic behaviour in decision-making of Dutch dairy farmers regarding measures to improve udder health. A low adoption rate and a low level of compliance with advice given to the dairy industry suggest the presence of inertia. Farmers who already had implemented...

Analysis of price transmission in transition countries is often complicated by unstable policy environments. We use a Markov-switching vector error-correction model (MSVECM) to model multiple regime shifts in the relationship between wheat and wheat flour prices in Ukraine from June 2000 to...