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The investment horizon issue in user-owned organizations
(University of Missouri--Columbia, 2005)
This research addresses the issue of an investment constraint in user-owned agricultural organizations called the horizon problem. Scholars have suggested the restrictions on the transferability of residual claimant rights ...
Transaction costs and market thinness in crop byproduct markets
(University of Missouri--Columbia, 2017)
Studies in crop byproduct literature have looked more at the nutrient impacts, rather than analytical cost implications of crop byproducts in livestock feed rations. Thin market studies stated the lack of product volume ...
Institutional effects on grain producer price-risk management behavior : a comparative study across the United States and South Africa
(University of Missouri--Columbia, 2007)
general disincentives to consistently manage price-risk, particularly at low prices. A three-stage comparative method is used to test this hypothesis. Producer price-risk management interviews conducted in both the South African and U.S. grain belt regions...
Informing the theory of collective entrepreneurship: investment choice
(University of Missouri--Columbia, 2007)
Olson's seminal work on the logic of collective action predicts that individuals will not act collectively to further common economic goals except under certain conditions. This work utilizes transaction cost economics, ...