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Payment arrangements among members of a cooperative play a critical role in the performance of the cooperative. The impact of three payment systems is assessed for Florida sugarcane cooperatives through a bi-level programming model which incorporates both individual and collective behavior.
Persistent link: https://www.econbiz.de/10005220298
stocks, and marketing costs. Monthly prices generally exhibited unidirectional causality from exvessel to retail price …
Persistent link: https://www.econbiz.de/10005459892
Persistent link: https://www.econbiz.de/10005459923
Seasonal price premiums have been proposed as a means of dampening the highly seasonal patterns of milk production in Florida. A Markov decision bio-economic model of the breeding and replacement decisions was solved via stochastic dynamic programming and used to analyze the potential supply...
Persistent link: https://www.econbiz.de/10005320126
An analysis of a typical crop and livestock farm in North Florida is presented. The analysis incorporates the potential competition and complementarity among crop and beef cattle enterprises. A Target MOTAD model is developed to account for risk in a decision framework. The results indicate that...
Persistent link: https://www.econbiz.de/10005800996