Hog Producer Preferences for Marketing Contract Attributes
通过陈述偏好工具调查生猪生产者对风险转移营销合同属性的偏好，发现生产者更看重价格上限的提升，且偏好合作社形式的合同方。
We use a stated preference instrument to elicit producer preferences for the attributes of risk-shifting hog marketing contracts and express acceptable producer trade-offs between contract attributes in a convenient dollar metric. Respondents value an increase in a window contract's price ceiling three to five times more than the same increase in the price floor, which suggests that hog producers dislike contracts that limit up-side price potential (limit positive skewness). The contractor's organizational form is also important. Cooperative forms are preferred by many respondents, particularly those who state that trust in the contractor is an important antecedent for any contractual relationship. Copyright 2004, Oxford University Press.