Luke
 

Designing coordination contracts to support efficient flow-scheduling in pork chain

dc.contributor.acAAEA-
dc.contributor.authorNiemi, Jarkko K.-
dc.contributor.departmentMaa- ja elintarviketalouden tutkimuskeskus (MTT) / TAL Taloustutkimus / Talous- ja yhteiskuntatieteellinen tutkimus (TAY)-
dc.date.accepted2013-01-30-
dc.date.accessioned2013-03-19T11:16:41Z
dc.date.accessioned2025-05-29T22:29:31Z
dc.date.available2013-03-19T11:16:41Z
dc.date.created2013-01-29-
dc.date.issued2012-
dc.description.abstractRisk management and efficient, well coordinated, flow-scheduling have an increasingly important role in the competitive pork production networks. Changes in input and output prices have resulted in distortions in the Finnish pig markets during the last years. The goal of this study is to estimate how different price or quantity-fixing contracts affect the values of pig and sow space unit under price risk. The values are estimated with two stochastic dynamic programming models. The results suggest that a contract which is able to control both the pattern of changes in piglet prices and the option to suspend production temporarily has a value and it can help to improve the competitiveness of the pig sector. However, it is feasible to have incentives towards the contract commitment when market situation upon accepting the commitment is favourable.en
dc.description.dacok-
dc.description.stav-
dc.format.bitstreamfalse
dc.format.pagerange28 p-
dc.identifier.olddbid421609
dc.identifier.oldhandle10024/480626
dc.identifier.urihttps://jukuri.luke.fi/handle/11111/80387
dc.identifier.urlhttp://ageconsearch.umn.edu/bitstream/125208/2/Niemi%20aaea%20am%202012_REVISED_August_2012.pdf-
dc.languageeng-
dc.publisher.placeus-
dc.relation.conferenceAgricultural & Applied Economics Association s 2012 AAEA Annual Meeting; Seattle, 2012-
dc.relation.ispartofAgricultural and Applied Economics Association 2012 annual meeting-
dc.source.identifierhttps://jukuri.luke.fi/handle/10024/480626
dc.subject.agriforshinnat-
dc.subject.agriforsriskit-
dc.subject.agriforsdynaaminen ohjelmointi-
dc.subject.agriforssopimustuotanto-
dc.subject.agrovocpork-
dc.subject.agrovocprices-
dc.subject.agrovocrisk-
dc.subject.agrovocpiglets-
dc.subject.finagriMA-
dc.subject.ftepig meat-
dc.subject.fteprice feed-
dc.teh21100117-
dc.titleDesigning coordination contracts to support efficient flow-scheduling in pork chain-
dc.type.bib2. Muut tieteelliset artikkelit-
dc.type.okmfi=B3 Vertaisarvioimaton artikkeli konferenssijulkaisussa|sv=B3 Icke-referentgranskad artikel i konferenspublikation|en=B3 Non-refereed conference proceedings|-

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