Providing adequate levels of farm animal welfare is a challenge in today’s societies. Economic research indicates that neither market valuation for credence attributes in opaque markets, nor transparency improved market valuation with labelling schemes, nor non-market valuation in hypothetical markets to consider non-use values, nor non-monetary valuation in an ethical context are suitable to capture the value dimensions of farm animal welfare adequately. Monetary and non-monetary valuation problems stem from the complex concept of farm animal welfare and ethical challenges in utilitarian and anthropocentric approaches. Animal centred valuation of farm animal welfare is suggested as one future venue of economic research conditioned on overcoming speciesism.
{"title":"Market and Institutional Limits in Supplying Animal Welfare: some Conceptual Thoughts for Future Agricultural Economic Research","authors":"M. Mergenthaler, I. Schröter","doi":"10.18461/IJFSD.V11I2.45","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I2.45","url":null,"abstract":"Providing adequate levels of farm animal welfare is a challenge in today’s societies. Economic research indicates that neither market valuation for credence attributes in opaque markets, nor transparency improved market valuation with labelling schemes, nor non-market valuation in hypothetical markets to consider non-use values, nor non-monetary valuation in an ethical context are suitable to capture the value dimensions of farm animal welfare adequately. Monetary and non-monetary valuation problems stem from the complex concept of farm animal welfare and ethical challenges in utilitarian and anthropocentric approaches. Animal centred valuation of farm animal welfare is suggested as one future venue of economic research conditioned on overcoming speciesism.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"127-138"},"PeriodicalIF":0.0,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44001749","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this case we present an investment decision-making situation in which a stockholder of an Argentine Agribusiness Biotechnology company has to analyze the company’s strategy and decide if he will further invest in the firm. The company name is Bioceres; it is a fully integrated crop productivity provider in the areas of seed traits, biologicals, molecular farming and metabolic engineering. It has annual revenues of around 150 million dollars, and net losses of 10 million dollars. In the near future Bioceres will launch, at a global scale, its leading technology called HB4®, which provides drought and salinity tolerance to crops such as soybeans, alfalfa and wheat. By early 2019 Bioceres is intending to go public in the American stock market.
{"title":"Bioceres S.A: Ag Biotechnology Expansion","authors":"R. Feeney, Silvia Novaira","doi":"10.18461/IJFSD.V11I2.48","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I2.48","url":null,"abstract":"In this case we present an investment decision-making situation in which a stockholder of an Argentine Agribusiness Biotechnology company has to analyze the company’s strategy and decide if he will further invest in the firm. The company name is Bioceres; it is a fully integrated crop productivity provider in the areas of seed traits, biologicals, molecular farming and metabolic engineering. It has annual revenues of around 150 million dollars, and net losses of 10 million dollars. In the near future Bioceres will launch, at a global scale, its leading technology called HB4®, which provides drought and salinity tolerance to crops such as soybeans, alfalfa and wheat. By early 2019 Bioceres is intending to go public in the American stock market.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"171-188"},"PeriodicalIF":0.0,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42298598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Originally advertised as tools for end-consumers, portable food-scanners have recently reached a high level of awareness and show potential as instruments for quality assessment along fruit and vegetable supply c hains. The current study explores preferences and concerns of chain actors regarding the implementation of this technology through semi-structured interviews. Results indicate that food-scanners could facilitate quality control at different levels of the fresh produce supply chain by providing fast, non-destructive and objective measurements. Concerns about the application of food-scanners could be identified with respect to potential additional requirements of fruit wholesaler resulting in more pressure on producers. To further a goal-oriented and user-directed development of this new technology, future research should be directed at its impacts on perception of fruit quality along the chain as well as end-consumers’ readiness to use these devices in everyday life.
{"title":"Food-Scanners as a Radical Innovation in German Fresh Produce Supply Chains","authors":"Simon Goisser, H. Mempel, V. Bitsch","doi":"10.18461/IJFSD.V11I2.43","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I2.43","url":null,"abstract":"Originally advertised as tools for end-consumers, portable food-scanners have recently reached a high level of awareness and show potential as instruments for quality assessment along fruit and vegetable supply c hains. The current study explores preferences and concerns of chain actors regarding the implementation of this technology through semi-structured interviews. Results indicate that food-scanners could facilitate quality control at different levels of the fresh produce supply chain by providing fast, non-destructive and objective measurements. Concerns about the application of food-scanners could be identified with respect to potential additional requirements of fruit wholesaler resulting in more pressure on producers. To further a goal-oriented and user-directed development of this new technology, future research should be directed at its impacts on perception of fruit quality along the chain as well as end-consumers’ readiness to use these devices in everyday life.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"101-116"},"PeriodicalIF":0.0,"publicationDate":"2020-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47339054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
F. Caracciolo, C. Cavallo, T. Giudice, T. Panico, R. Vecchio, G. Cicia
Globally, bitterness in food is not a preferred attribute by consumers, for several reasons. In the case of Extra Virgin Olive Oil its presence is fundamental as it is a healthiness indicator, being strictly linked to the antioxidant content. The current study aimed to assess the extent of Italian consumers’ preferences for bitterness taste of Extra Virgin Olive Oil. Real choices made by shoppers at the store shelf of a hypermarket were recorded and then compared with the selected Extra Virgin Olive Oil sensory profiles evaluated by a professional panel. Findings reveal that bitterness exerts a negative willingness to pay equal to -1.18 €/liter. Furthermore, consumers tend to overestimate the perception of Extra Virgin Olive Oil bitterness compared to sensory experts. Results provide new evidences of consumer preferences for sweet sensory profile of Extra Virgin Olive Oil and bitter aversion.
{"title":"Consumers (Dis)Preference for Bitterness in Extra Virgin Olive Oil: A Field Experiment","authors":"F. Caracciolo, C. Cavallo, T. Giudice, T. Panico, R. Vecchio, G. Cicia","doi":"10.18461/IJFSD.V11I1.36","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I1.36","url":null,"abstract":"Globally, bitterness in food is not a preferred attribute by consumers, for several reasons. In the case of Extra Virgin Olive Oil its presence is fundamental as it is a healthiness indicator, being strictly linked to the antioxidant content. The current study aimed to assess the extent of Italian consumers’ preferences for bitterness taste of Extra Virgin Olive Oil. Real choices made by shoppers at the store shelf of a hypermarket were recorded and then compared with the selected Extra Virgin Olive Oil sensory profiles evaluated by a professional panel. Findings reveal that bitterness exerts a negative willingness to pay equal to -1.18 €/liter. Furthermore, consumers tend to overestimate the perception of Extra Virgin Olive Oil bitterness compared to sensory experts. Results provide new evidences of consumer preferences for sweet sensory profile of Extra Virgin Olive Oil and bitter aversion.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"14-25"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47515944","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In studies of consumption of local food specialties (LFSs), individual personalities are rarely mentioned. In this article, we want to expand on and provide a nuanced explanation of the characteristics of these consumers of these products, asking: Are there any personality traits that characterize these consumers? We use the Big Five personality model to unpack the relationship between individuals' personalities and choices of LFS in the Norwegian context. The model consists of the following five personal traits: extraversion, agreeableness, conscientiousness, neuroticism, and openness to experience. These personality traits are latent, but through questions regarding behavior, the traits may be revealed. To construct latent variables to measure these traits, we apply the graded response model. Furthermore, socioeconomic variables are combined with personality traits in logistic regression models to find the relationships between personality and choice of Norwegian LFSs. Our results show that in all models the latent variable Openness to experience was one of the most important predictors of all the choices of LFS made by individuals. Openness to experience is characterized by fantasy, aesthetic sensitivity, attentiveness to inner feelings, preference for variety, and intellectual curiosity. The consequence of the connection between Openness to experience and LFS is that stakeholders may take this into account when seeking to increase sales.
{"title":"Consumer Personality and Local Food Specialties: The Case of Norway","authors":"G. W. Gustavsen, Atle Wehn Hegnes","doi":"10.18461/IJFSD.V11I1.35","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I1.35","url":null,"abstract":"In studies of consumption of local food specialties (LFSs), individual personalities are rarely mentioned. In this article, we want to expand on and provide a nuanced explanation of the characteristics of these consumers of these products, asking: Are there any personality traits that characterize these consumers? We use the Big Five personality model to unpack the relationship between individuals' personalities and choices of LFS in the Norwegian context. The model consists of the following five personal traits: extraversion, agreeableness, conscientiousness, neuroticism, and openness to experience. These personality traits are latent, but through questions regarding behavior, the traits may be revealed. To construct latent variables to measure these traits, we apply the graded response model. Furthermore, socioeconomic variables are combined with personality traits in logistic regression models to find the relationships between personality and choice of Norwegian LFSs. Our results show that in all models the latent variable Openness to experience was one of the most important predictors of all the choices of LFS made by individuals. Openness to experience is characterized by fantasy, aesthetic sensitivity, attentiveness to inner feelings, preference for variety, and intellectual curiosity. The consequence of the connection between Openness to experience and LFS is that stakeholders may take this into account when seeking to increase sales.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"01-13"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46117221","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The main goal of this article is to assess the conditions under which market-oriented and formally organised organic farming might become a factor for local development. The main question is: to what degree is the impact of this factor (organic farming) due to local policies and the quality of local governance? Based on research carried out in 2013 and in 2016 in various parts of Poland, the authors demonstrate when and under what conditions and circumstances organic farming may improve farmers’ social and economic conditions as well as the overall development of areas with a significant organic agricultural sector (proportionally to the local scale). The preliminary findings underline that local authorities in rural areas are an institution that can significantly contribute to the maintenance and development of organic farming in Poland.
{"title":"Organic farming as a rural development factor in Poland - the role of good governance and local policies.","authors":"Ruta Śpiewak, J. Jasiński","doi":"10.18461/IJFSD.V11I1.39","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I1.39","url":null,"abstract":"The main goal of this article is to assess the conditions under which market-oriented and formally organised organic farming might become a factor for local development. The main question is: to what degree is the impact of this factor (organic farming) due to local policies and the quality of local governance? Based on research carried out in 2013 and in 2016 in various parts of Poland, the authors demonstrate when and under what conditions and circumstances organic farming may improve farmers’ social and economic conditions as well as the overall development of areas with a significant organic agricultural sector (proportionally to the local scale). The preliminary findings underline that local authorities in rural areas are an institution that can significantly contribute to the maintenance and development of organic farming in Poland.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"52-71"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46272050","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
As perishable products are worthless at end-of-life, for a given supply prices are often dynamically adjusted to ensure inventory is exhausted at end-of-life. When consumers expect such price reductions, they may strategically time their purchases. These two conditions pose a complex problem for pricing. Given inventory, cost of production is sunk. Thus, the dynamic path for prices must be set to maximize revenues with an eye on inventory take-down as well as to discourage strategic behavior. This problem is further challenged when prices and the extent of consumer strategic behavior are uncertain. This paper presents an approach for pricing a set of perishable products that are highly substitutable, yet differentiated to target a set of consumer segments. We propose and analyze a price assurance scheme as a solution to the strategic behavior of consumers and price uncertainty. We present and evaluate our price assurance approach by comparing two price assurance schemes: i) ex-post price assurance, and ii) ex-ante price assurance to risk neutral dynamic pricing without regard for consumer strategic behavior. These approaches have not to our knowledge been previously considered in our setting of perishables, uncertain consumer strategic behavior, and price uncertainty. Our numerical experiments show that our robust optimization model prevents loss when a firm encounters the worst-case demand and outperforms a risk neutral pricing model. Comparison across our different pricing schemes provides conditions under which particular schemes may dominate others.
{"title":"Pricing Perishables: Robust Price Assurance","authors":"R. Weaver, Yongma Moon","doi":"10.18461/IJFSD.V11I1.38","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I1.38","url":null,"abstract":"As perishable products are worthless at end-of-life, for a given supply prices are often dynamically adjusted to ensure inventory is exhausted at end-of-life. When consumers expect such price reductions, they may strategically time their purchases. These two conditions pose a complex problem for pricing. Given inventory, cost of production is sunk. Thus, the dynamic path for prices must be set to maximize revenues with an eye on inventory take-down as well as to discourage strategic behavior. This problem is further challenged when prices and the extent of consumer strategic behavior are uncertain. This paper presents an approach for pricing a set of perishable products that are highly substitutable, yet differentiated to target a set of consumer segments. We propose and analyze a price assurance scheme as a solution to the strategic behavior of consumers and price uncertainty. We present and evaluate our price assurance approach by comparing two price assurance schemes: i) ex-post price assurance, and ii) ex-ante price assurance to risk neutral dynamic pricing without regard for consumer strategic behavior. These approaches have not to our knowledge been previously considered in our setting of perishables, uncertain consumer strategic behavior, and price uncertainty. Our numerical experiments show that our robust optimization model prevents loss when a firm encounters the worst-case demand and outperforms a risk neutral pricing model. Comparison across our different pricing schemes provides conditions under which particular schemes may dominate others.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"39-51"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49627660","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The paper deals with European Union quality schemes of Protected Designation of Origin, Protected Geographical Indication and Traditional Speciality Guaranteed labels. This paper aims to analyse the share of PDO, PGI and TSG labels in EU countries, selected product categories and their structure, and explains the relationships between country of product origin and number of registered product names. Secondary data from the Database of Origin and Registration are used. As the results show, the highest number of product names is registered under the PDO label, followed closely by the PGI label. The dominant country is Italy followed by other Mediterranean countries such as France, Spain, Portugal and Greece.
{"title":"Utilization of Food Quality Labels Included in the European Union Quality Schemes","authors":"T. Sadílek","doi":"10.18461/IJFSD.V11I1.40","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I1.40","url":null,"abstract":"The paper deals with European Union quality schemes of Protected Designation of Origin, Protected Geographical Indication and Traditional Speciality Guaranteed labels. This paper aims to analyse the share of PDO, PGI and TSG labels in EU countries, selected product categories and their structure, and explains the relationships between country of product origin and number of registered product names. Secondary data from the Database of Origin and Registration are used. As the results show, the highest number of product names is registered under the PDO label, followed closely by the PGI label. The dominant country is Italy followed by other Mediterranean countries such as France, Spain, Portugal and Greece.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"72-83"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46029301","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Shifts in global agriculture have led more women into formal roles in the coffee industry as small-holder producers and cooperative members. Inclusion of women in these institutions, however, does not guarantee a change in historical power relations, or the benefits that might flow from this. A transformative change in gender relations not only requires changes in women's attitudes and capacities and in the relationships between men and women, but also progress at the institutional and structural levels, a topic which has been infrequently studied. To address this gap, this paper explores institutional perspectives of stakeholders in the supply chain of a fair-trade organic coffee federation located in the western highlands of Guatemala. Major themes emerged from the interviews regarding women's inclusion in the industry, gender sensitization, women's empowerment, and supply chain support. The study finds that empowering women as productive cooperative members requires not only technical assistance and support, but also creation of an inclusive social and political environment that supports expanded choices for women and men. The paper expands our understanding of the historical context and current institutional dynamics that are fueling gender transformative change in the coffee industry. The conclusions find that this type of approach may lead to more than just superficial gender integration, and has the potential to result in the genuine integration of women into previously male-dominated organizations and the eventual percolation of society-wide shifts in gender norms, moving towards a more equitable society.
{"title":"Brewing a more Balanced Cup: Supply Chain Perspectives on Gender Transformative Change within the Coffee Value Chain","authors":"Alissa Bilfield, D. Seal, D. Rose","doi":"10.18461/IJFSD.V11I1.37","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I1.37","url":null,"abstract":"Shifts in global agriculture have led more women into formal roles in the coffee industry as small-holder producers and cooperative members. Inclusion of women in these institutions, however, does not guarantee a change in historical power relations, or the benefits that might flow from this. A transformative change in gender relations not only requires changes in women's attitudes and capacities and in the relationships between men and women, but also progress at the institutional and structural levels, a topic which has been infrequently studied. To address this gap, this paper explores institutional perspectives of stakeholders in the supply chain of a fair-trade organic coffee federation located in the western highlands of Guatemala. Major themes emerged from the interviews regarding women's inclusion in the industry, gender sensitization, women's empowerment, and supply chain support. The study finds that empowering women as productive cooperative members requires not only technical assistance and support, but also creation of an inclusive social and political environment that supports expanded choices for women and men. The paper expands our understanding of the historical context and current institutional dynamics that are fueling gender transformative change in the coffee industry. The conclusions find that this type of approach may lead to more than just superficial gender integration, and has the potential to result in the genuine integration of women into previously male-dominated organizations and the eventual percolation of society-wide shifts in gender norms, moving towards a more equitable society.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"26-38"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49164012","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In the mid-1950s Erich Geiersberger, a journalist of the Bavarian rural radio, pioneered machinery rings. He had noticed that many family farms in Germany had over-invested in farm machinery compared to farms of similar size in France and in the Netherlands. This, Geiersberger worried, would threaten their competitiveness in the coming European Economic Community. Geiersberger suggested 'machine rings' as a solution to this predicament. Michael Munger, a professor of economics at Duke University in Durham, NC, USA, is probably totally unaware of machinery rings; they are certainly not mentioned in his book. Like Geiersberger, Munger is concerned with institutions that improve the utilization of durable goods. Yet, whereas Geiersberger acted as an organization designer and builder, Munger is a keen economic observer of changes in the organization of markets, changes which he expects to become revolutionary.
{"title":"Munger, Michael C. (2018). Tomorrow 3.0. Transaction Costs and the Sharing Economy","authors":"R. Mueller","doi":"10.18461/IJFSD.V11I1.41","DOIUrl":"https://doi.org/10.18461/IJFSD.V11I1.41","url":null,"abstract":"In the mid-1950s Erich Geiersberger, a journalist of the Bavarian rural radio, pioneered machinery rings. He had noticed that many family farms in Germany had over-invested in farm machinery compared to farms of similar size in France and in the Netherlands. This, Geiersberger worried, would threaten their competitiveness in the coming European Economic Community. Geiersberger suggested 'machine rings' as a solution to this predicament. Michael Munger, a professor of economics at Duke University in Durham, NC, USA, is probably totally unaware of machinery rings; they are certainly not mentioned in his book. Like Geiersberger, Munger is concerned with institutions that improve the utilization of durable goods. Yet, whereas Geiersberger acted as an organization designer and builder, Munger is a keen economic observer of changes in the organization of markets, changes which he expects to become revolutionary.","PeriodicalId":37887,"journal":{"name":"International Journal on Food System Dynamics","volume":"11 1","pages":"84-87"},"PeriodicalIF":0.0,"publicationDate":"2020-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44614940","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}