Agricultural Economics, 2013 (vol. 59), issue 1
Application of the Game Theory with Perfect Information to an agricultural companyOriginal Paper
Suitberto CABRERA GARCÍA, Josué E. IMBERT TAMAYO, Jorge CARBONELL-OLIVARES, Yaylin PACHECO CABRERA
Agric. Econ. - Czech, 2013, 59(1):1-7 | DOI: 10.17221/1/2012-AGRICECON 
This paper deals with the application of Game Theory with Perfect Information to an agricultural economics problem. The goal of this analysis is demonstrating the possibility of obtaining an equilibrium point, as proposed by Nash, in the case of an agricultural company that is considered together with its three sub-units in developing a game with perfect information. Production results in terms of several crops will be considered in this game, together with the necessary parameters to implement different linear programming problems. In the game with perfect information with the hierarchical structure established between the four considered players...
How effective is Fair Trade as a tool for the stabilization of agricultural commodity markets? Case of coffee in the Czech RepublicOriginal Paper
Jiří HEJKRLÍK, Jana MAZANCOVÁ, Karolína FOREJTOVÁ
Agric. Econ. - Czech, 2013, 59(1):8-18 | DOI: 10.17221/41/2012-AGRICECON
Fair Trade is one of the leading systems of the Corporate Social Responsibility and a price stabilization mechanism for producers in developing countries. It is being practiced by more and more Czech importers and manufactures of the tropical agricultural commodities. Coffee represents the highest market share. However, a higher final retail price functions as a strong inhibitor of the dynamic market growth. The article uses the linear static model applied to various consumer-perceived factors influencing the retail price of the conventional, organic and Fair Trade coffee available in the Czech Republic. The quantitative research is supported by the...
The determinants of adopting organic farming practices: a case study in the Czech RepublicOriginal Paper
Zdenka MALÁ, Michal MALÝ
Agric. Econ. - Czech, 2013, 59(1):19-28 | DOI: 10.17221/10/2012-AGRICECON
The presented article focuses on an analysis of the phenomena appearing in the implementation of the transition from classic conventional technology in the production of agricultural food products to an ecological manner of farming. The main objective is an empirical analysis of the determinants of the implementation of ecological production technology, whereby not only is their definition focused on, but also the quantification of the level of their effect. The primary methodological tool for achieving the objective is a binary choice model, which was estimated in three variants - probit model, logit model and linear probability model. These estimations...
Knowledge and financial skills as the factors determining the financial exclusion process of rural dwellers in PolandOriginal Paper
Elena HORSKÁ, Monika SZAFRAŃSKA, Renata MATYSIK-PEJAS
Agric. Econ. - Czech, 2013, 59(1):29-37 | DOI: 10.17221/9/2012-AGRICECON
The aim of the article is determining the level of knowledge and financial skills of rural dwellers on an example of one of the European Union member states (Poland), as the factors which play a crucial role in the process of limiting the phenomenon of financial exclusion. The main source of data used for the analysis was the information gathered through the author's own studies conducted on a group of 1000 randomly chosen people. Statistical analysis of the researched material comprised the summary statistical measurements, the non-parametric χ2 test and the cluster analysis (k-means clustering). As results from the...
Avian influenza and structural change in the Czech poultry industryOriginal Paper
Lukáš ČECHURA, Tereza TAUSSIGOVÁ
Agric. Econ. - Czech, 2013, 59(1):38-47 | DOI: 10.17221/63/2012-AGRICECON
The paper deals with the consequences of the avian influenza outbreak for the Czech poultry industry. The Hansen (1992) parameter instability test and the Gregory and Hansen (1996) residual-based test are used for testing the structural break and determining the time of the regime shift. The results provide an indication that the avian influenza outbreak might have been the reason for the changes in the value chain. However, the changes in the second stage of the value chain could also be connected with the accession of the Czech Republic to the EU. The results show that the retailers increased their market power in the second period, i.e., after September...