caa a22 4500 397566859 CHVBK 20180308164830.0 cr unu---uuuuu 161202e199611 xx s 000 0 eng 10.3382/ps.0751351 doi (NATIONALLICENCE)oxford-10.3382/ps.0751351 Efficiency Gains in Broiler Production Through Contract Parameter Fine Tuning [Elektronische Daten] [TOMISLAV VUKINA, WILLIAM E. FOSTER] This paper reports on an analysis of existing broiler production contracts, with an attempt to establish the degree of efficiency gains possible from contract alteration. With the use of settlement cost and farm level data, an assessment is made of optimal grower input decisions given contract specifications. Using this analytical framework, alternative contract designs are simulated by searching over possible contract parameter values. The foci of the analysis are three contract parameters: base payment, bonus factor, and the utilities cost allocation factor. In the first two cases, the simulation generated ambiguous results. In the third case, results seem to indicate that switching part of the electricity cost from the grower's cost into the settlement cost may result in a mutual welfare gain. © 1996 Poultry Science Association, Inc. Education and Production nationallicence economic optimization nationallicence broiler production nationallicence contracts nationallicence growers' payments nationallicence VUKINA TOMISLAV aut FOSTER WILLIAM E. aut Poultry Science Oxford University Press 75/11(1996-11), 1351-1358 0032-5791 75:11<1351 1996 75 ps https://doi.org/10.3382/ps.0751351 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.3382/ps.0751351 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- VUKINA TOMISLAV aut NATIONALLICENCE 700 1- FOSTER WILLIAM E. aut NATIONALLICENCE 773 0- Poultry Science Oxford University Press 75/11(1996-11), 1351-1358 0032-5791 75:11<1351 1996 75 ps Metadata rights reserved CC BY-NC-4.0 http://creativecommons.org/licenses/by-nc/4.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-oxford