Article
Agricultural Economics & Policy
Koichi Yonezawa, Miguel I. Gomez, Timothy J. Richards
AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
(2020)
Article
Agricultural Economics & Policy
Timothy J. Richards
AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
(2020)
Article
Agricultural Economics & Policy
Timothy J. Richards, Bradley Rickard
CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D AGROECONOMIE
(2020)
Article
Agricultural Economics & Policy
Stephen F. Hamilton, Jura Liaukonyte, Timothy J. Richards
ANNUAL REVIEW OF RESOURCE ECONOMICS, VOL 12
(2020)
Article
Agricultural Economics & Policy
Lauren Chenarides, Mark Manfredo, Timothy J. Richards
Summary: The COVID-19 pandemic revealed critical weaknesses in the US food supply chain, highlighting the importance of supply chain flexibility. Short-term losses during the pandemic could have been avoided by increasing flexibility within supply chains.
APPLIED ECONOMIC PERSPECTIVES AND POLICY
(2021)
Article
Agriculture, Multidisciplinary
Alfons Weersink, Mike von Massow, Nicholas Bannon, Jennifer Ifft, Josh Maples, Ken McEwan, Melissa G. S. McKendree, Charles Nicholson, Andrew Novakovic, Anusuya Rangarajan, Timothy Richards, Bradley Rickard, James Rude, Meagan Schipanski, Gary Schnitkey, Lee Schulz, Daniel Schuurman, Karen Schwartzkopf-Genswein, Mark Stephenson, Jada Thompson, Katie Wood
Summary: North American agri-food supply chains showed vulnerability at the beginning of the pandemic, but have since rebounded to near normal conditions. The specialization in supply chain design led to initial disruptions but also facilitated a rapid recovery. Future trends may include greater consolidation of firms, structural changes in input markets, and increased demand for attributes associated with resiliency.
AGRICULTURAL SYSTEMS
(2021)
Article
Agricultural Economics & Policy
Timothy J. Richards, Bradley J. Rickard
Summary: This study examines the impact of craft brewery acquisitions on retail beer prices and firm profitability, finding that the estimates of mergers are closely related to the state-dependence in demand. It concludes that not all craft-beer buyouts in 2015 made economic sense from the acquirer's perspective.
Article
Agricultural Economics & Policy
Lauren Chenarides, Timothy J. Richards, Bradley Rickard
Summary: The article focuses on key indicators of input and output market performance in Canadian fruit and vegetable markets, providing insights into how these markets are adjusting in the medium and long term. Data highlights recent trends in production and movement, labor supply, immigration visa patterns, and trade patterns between the United States and Canada for fruits and vegetables, showing a relatively robust fresh produce supply chain in Canada and its largest trade partner, the United States.
CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS-REVUE CANADIENNE D AGROECONOMIE
(2021)
Article
Engineering, Manufacturing
Lina Wang, Elliot Rabinovich, Timothy J. Richards
Summary: This study examines the economic viability of online platforms for local foods subject to indirect network effects, finding that these platforms can serve as viable alternatives for the commercialization of local foods. However, it also reveals the existence of nonlinearity and non-monotonic effects in the strength of indirect network effects.
PRODUCTION AND OPERATIONS MANAGEMENT
(2022)
Article
Agricultural Economics & Policy
Timothy J. Richards, Stephen F. Hamilton
Summary: Food waste accounts for 40% of supply-chain waste, and factors such as competitive pricing, assortment size, and efficiency contribute to this waste. Salesforce discretion in delivering less-than-ordered amounts is an important way for management to directly influence supply-chain loss. These findings are valuable for managers and policymakers in the food and beverage supply chain.
Article
Agricultural Economics & Policy
Lauren Chenarides, Metin Cakir, Timothy J. Richards
Summary: Dollar stores are experiencing rapid growth in the United States, but their entry into markets without grocery stores has sparked controversy and prompted concerns about preemptive incentives. This paper examines dollar store entry as an equilibrium phenomenon and its impact on competing store formats. Using census-tract level data and a dynamic model of oligopolistic competition, the study finds that dollar store expansion benefits supermarkets and other large-format stores while negatively affecting other small-format stores. These findings have significant implications for consumer welfare, highlighting the displacement of small-format stores rather than grocery stores by dollar store entry.
AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS
(2023)
Article
Management
John D. Lowrey, Timothy J. Richards, Stephen F. Hamilton
Summary: The management of perishable food near its expiration is a challenge for grocery retailers. Donating food to food banks is socially responsible, benefiting local communities and reducing waste. This paper examines the economic impact of this secondary food market by studying donation and pricing behaviors of competing retailers.
M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT
(2023)
Review
Agricultural Economics & Policy
Timothy J. Richards, Simba Pasirayi
Summary: This article provides an overview of the structural changes in food retailing in developing economies, and examines the reasons behind the evolution of retailers as well as their impact on suppliers and consumers. The article proposes avenues for future research and highlights significant gaps in the existing empirical literature.
Article
Agricultural Economics & Policy
Timothy J. Richards, Zachariah Rutledge
Summary: Historically, pandemics lead to labor shortages, and the COVID-19 pandemic of 2020-21 proved to be no different. The shortage of labor in producing, processing, and delivering food to consumers during the pandemic has resulted in greater bargaining power by workers in the food and agriculture industry. This study examines the association between the COVID-19 pandemic and increased bargaining power among food and agriculture workers, and analyzes the impact of policy responses on labor-market outcomes. The findings show a 5.7% increase in bargaining power for employed workers during the pandemic, and demonstrate the effects of minimum wages and unemployment insurance on equilibrium wages.
Article
Business
William J. Allender, Jura Liaukonyte, Sherif Nasser, Timothy J. Richards
Summary: This study examines the profitability conditions for firms using price obfuscation, and the impact of price obfuscation on consumer fairness concerns, consumer demand, and equilibrium pricing strategies. Findings suggest that obfuscation can effectively reduce peer-induced fairness concerns and increase sellers' pricing power.