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Profile analysis of market participants' attitudes toward selected market alternatives for US shelled peanuts

Author

Listed:
  • J. E. Epperson

    (Division of Agricultural Economics, University of Georgia, Athens, Georgia)

  • M. H. So

    (Division of Agricultural Economics, University of Georgia, Athens, Georgia)

  • S. M. Fletcher

    (Division of Agricultural Economics, University of Georgia, Athens, Georgia)

  • D. H. Carley

    (Division of Agricultural Economics, University of Georgia, Athens, Georgia)

Abstract

The analysis identified factors affecting market participants' attitudes toward selected market alternatives for US shelled peanuts using a mirrorimage survey design and multivariate probit. Agreement or disagreement among shellers, among processors, and between shellers and processors is ascertained via matching patterns of mirror-image profiles. Results indicate that the computerized cash market might hold promise as a starting point in the implementation of a centralized market for shelled peanuts with or without the government program in effect.

Suggested Citation

  • J. E. Epperson & M. H. So & S. M. Fletcher & D. H. Carley, 1988. "Profile analysis of market participants' attitudes toward selected market alternatives for US shelled peanuts," Agribusiness, John Wiley & Sons, Ltd., vol. 4(5), pages 433-452.
    • Handle: RePEc:wly:agribz:v:4:y:1988:i:5:p:433-452
    DOI: 10.1002/1520-6297(198809)4:5<433::AID-AGR2720040504>3.0.CO;2-P
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    References listed on IDEAS

    as
    1. Department of Agriculture, 1984. "Statistics," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 23(1), April.
    2. Schrader, Lee F., 1984. "Implications Of Electronic Trading For Agricultural Prices," 1984 Annual Meeting, August 5-8, Ithaca, New York 279041, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Steven T. Buccola, 1985. "Pricing Efficiency in Centralized and Noncentralized Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(3), pages 583-590.
    4. Steven T. Buccola, 1983. "Risk Preferences and Short-Run Pricing Efficiency," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(3), pages 587-591.
    5. Thomas L. Sporleder, 1984. "Implications of Electronic Trading for the Structure of Agricultural Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(5), pages 859-863.
    6. Henderson, Dennis R. & Schrader, Lee F. & Sporleder, Thomas L. & Baldwin, E. Dean, 1979. "The Economic Feasibility and Impacts of Electronic Markets: A Tentative Appraisal," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278375, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Lee F. Schrader, 1984. "Implications of Electronic Trading for Agricultural Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(5), pages 854-858.
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    2. BATTESE, GEORGEE. & Ahmad, Munir, 1997. "A pro bit analysis of the incidence of the cotton leaf curl virus in Punjab, Pakistan," MPRA Paper 37706, University Library of Munich, Germany.

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