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prices, etc ; energy; freight; models; natural gas; oils; trade; Asia; Show all 8 Subjects
Abstract:
... This study investigates if the Japan-Korea-Marker (JKM) price is a feasible benchmark to replace the oil indexation in Asian liquified natural gas (LNG) trade. For this purpose, we propose an equilibrium pricing model for the LNG long-term contract (LTC) in Asia. Our model incorporates the risk-averse importer and exporter who optimize their risk-profit tradeoffs by deciding their LTC-spot trade p ...
prices, etc ; aesthetics; color; consumer acceptance; food quality; food waste; surveys; Show all 7 Subjects
Abstract:
... Based on a survey of 3,504 consumers in the United States, this study investigates acceptance for food with varying types of aesthetic imperfections. A product-based discrete choice experiments (DCE) were utilized to provide preference estimates based on trade-offs between attributes of aesthetic imperfections and other relevant product attributes including price and type of production and origin. ...
prices, etc ; carbon; case studies; electricity; heat transfer; models; seasonal variation; temperature; thermal energy; Show all 9 Subjects
Abstract:
... The optimal design of borehole thermal energy storage systems can ensure their techno-economical goals are met. Current design optimization methods either employ detailed modelling unsuitable for numerical optimization or use simplified models that do not consider operational conditions. This paper proposes an optimization-oriented model and a non-convex optimization formulation that, differently ...
... Since early 2020, the COVID-19 pandemic has made adverse impacts on the economy of many countries, including Thailand where small-scale aquaculture was important for seafood supply and livelihood of the country. The objectives of this study were to describe the characteristics of small-scale aquaculture, identify the impacts of COVID-19 on small-scale aquaculture and adaptation of farmers to cope ...
prices, etc ; Apis cerana; Apis mellifera; bees; detection limit; fluorescent lamps; food composition; genes; honey; nutritive value; royal jelly; China; Show all 12 Subjects
Abstract:
... The main insect sources of Chinese honey are Apis cerana and Apis mellifera. A. cerana honey has a higher nutritional value; therefore, its price is invariably several times higher than that of A. mellifera honey. Driven by economic interests, low-priced A. mellifera honey is often misrepresented as the more valuable A. cerana honey. In this study, Apis Major Royal Jelly Protein 2 (MRJP2) was used ...
prices, etc ; Oncorhynchus mykiss; acidification; animal growth; aquaculture; body weight changes; climate change; coproducts; diet; digestibility; ecological footprint; environmental impact; eutrophication; faba beans; farms; feed formulation; feed intake; fish meal; fish oils; fish production; gluten; land use; nonrenewable resources; rapeseed oil; trout; Show all 25 Subjects
Abstract:
... Aquaculture is growing to meet the increasing demand for aquaculture products but is not free of environmental impacts. One solution is to improve how feed are formulated, limiting the environmental impact of fish production. Multiobjective (MO) formulation, which aims for a compromise between lower cost and lower environmental impacts, appears to be a promising solution to reduce the environmenta ...
... The current study investigates the efficiency of nudging people to purchase more eco-friendly electronic devices in an emulated online milieu. To this end, participants were presented with three different products (smart phones, monitors and portable speakers) with two different nudges (attraction and default) and a control condition. Results from two experiments show that, while there was already ...
... In recent years, the replacement of synthetic colorants with natural ones has attracted increasing consumers’ and market interest. Natural colorants include different groups of pigments, many of which possess also pronounced biological potential. This review addresses the main issues related to the use of natural pigments in foods, starting from the sources available in nature, their chemical prop ...
... We study a model in which a single good is to be allocated among n agents who face a reserve price. We propose a top-only mechanism that is budget-balanced and dominant strategy incentive-compatible and “burns” some of the allocation probability at some valuation profiles. It allocates the good with non-zero probability only to the top agent. We show that the reserve price that maximizes the expec ...
... This note aims at using transfer entropy as a broader concept of causality than Granger’s approach to measure the direction and the intensity of spillovers between five major cryptocurrencies. For this purpose, we use two channels of transmission: price movements and Google-based investor attention. Our results shed light on the dominance of only a few cryptocurrencies, in their influences on pric ...
... We study the effects of globalisation on the slope of the New Keynesian Phillips curve for CPI inflation, based on a panel of 35 countries. We find that the output gap generally has a significant positive effect on inflation, but that this effect decreases as integration in the global economy increases. We conclude that the advance of globalisation has been a key force behind the flattening of pri ...
... We study urban water tariff setting and its welfare implications with a unique panel of Chinese cities in the 2000s. First, we find that peer cities' water tariff levels have a significant influence on a city's choice of tariffs. Using the peer cities' average tariffs as instrumental variables in estimating water demand functions, we obtain price elasticities around −0.41 for both residential and ...
... It is common that seller’s post-auction input affects winner’s valuation in the widely used royalty auctions. This study considers bidders’ signaling incentives and seller’s choice of reserve price in the first-price royalty auction. We first characterize the unique symmetric D1 PBE in which the quasi-separating bidding strategy can be decomposed into the equilibrium bid without signaling incentiv ...
prices, etc ; agricultural land; aquaculture; biodiversity; brackish water; crop diversification; dry season; economic sectors; employment; exports; focus groups; freshwater; heat; income; land use; livestock production; markets; profitability; rain; rice; risk; risk management; salinity; shrimp; shrimp fisheries; soil; soil degradation; sustainable land management; water management; water pollution; wet season; Bangladesh; Show all 32 Subjects
Abstract:
... The shrimp industry in Bangladesh is an important economic sector with growing demand, export potential, and employment opportunities. However, the industry is threatened by external and local production and market risks. Risk management strategies can be implemented through farming systems modification developing of different types of shrimp and prawn-based systems, although the adaptive capacity ...
... This study investigates whether and how the demand for animal‐friendly pork can benefit from the individual and joint use of the label “Animal Friendly,” “Organic,” “Local,” and “Low Fat.” A choice experiment was conducted to collect the data. The data were analyzed using the random parameter logit and the latent class models. Three consumer segments were identified. Consumers in Segment 1 (pro‐we ...
... The study attempts to analyze the extent of market integration and causality relationship in major potato markets of West Bengal state. Price and arrival data from Jan, 2006 to Aug, 2021 of six major potato producing districts namely Burdwan, Coochbehar, Jalpaiguri, Hooghly, Nadia and Bankura are selected. In analysis, seasonality indices reveals existence of significant variation in crop. Instabi ...
... The Women, Infants, and Children (WIC) Program has changed its food benefit issuance method from paper vouchers to electronic benefit transfer (EBT). WIC participation among the eligible population base has been declining since 2010, and EBT has been viewed as a way to arrest the decline. We utilize county-level WIC data from Oklahoma to analyze the impact of EBT on participation and food cost. We ...
... It is well known that many consumers believe local foods are more expensive than comparative products coming from other markets. The aim of this study was to measure the price competitiveness of products certified by the Aliments du Québec program, a well-known program in the Canadian province of Quebec. Using machine-learning, artificial intelligence and targeted data mining, the report identifie ...
... Third-degree online price discrimination can improve welfare when the online–offline cross-demand parameter is large, even though the total outputs remain unchanged. However, if the online firm competes with a uniform-pricing chain store, online discrimination will reduce welfare. Extensive discussions on different slopes, a leader–follower game, and general multiple markets are provided. ...
... There is little empirical evidence on the hospital “cash” prices that self-paying patients (e.g., self-paying uninsured patients) face, and little empirical evidence of how these hospital cash prices compare to payer-specific negotiated rates. To address this gap in the literature, I use new data from U.S. hospitals on their reported cash prices and payer-specific negotiated rates for fourteen “sh ...