Background
Tomek, William Goodrich was born on September 20, 1932 in Table Rock, Nebraska, United States. Son of John and Ruth Genevieve (Goodrich) Tomek.
( Published continuously since 1972, Agricultural Product...)
Published continuously since 1972, Agricultural Product Prices has become the standard textbook and reference work for students in agricultural and applied economics, buyers and sellers of commodities, and policymakers, clearly explaining conceptual and empirical models applicable to agricultural product markets. The new fifth edition uses up-to-date information and models to explain the behavior of agricultural product prices. Topics include price differences over market levels (marketing margins), price differences over space (regionally and internationally) and by quality attributes, and price variability with the passage of time (seasonal and cyclical variations, trends, and random behavior). William G. Tomek and Harry M. Kaiser review and adapt microeconomic principles to the characteristics of agricultural commodity markets and then apply these principles to the various dimensions of price behavior. They also provide an in-depth discussion of prices established for futures contracts and their relationship to cash (spot) market prices; cover the influential roles of price discovery institutions, such as auctions and negotiated contracts, and government policies regulating trade and farms; and discuss the specification, use, and evaluation of empirical models of agricultural prices, placing emphasis on the challenges of doing high-quality, useful analyses and interpreting results.
http://www.amazon.com/gp/product/0801452309/?tag=2022091-20
(In an excellent synthesis of theory and measurement as th...)
In an excellent synthesis of theory and measurement as they relate to agricultural prices, William G. Tomek and Kenneth L. Robinson set out principles for understanding the operation of markets for agricultural products. This heavily revised and updated edition of a classic in the field applies microeconomic theory to the operation of agricultural product markets, covering the distinctive features of their supply and demand and of the pricing institutions (such as auctions and futures markets) through which economic forces affect commodity prices.The book addresses four central topics: principles of price determination; price differences and variability; pricing institutions; and empirical price analysis. Numerous charts, graphs, and tables illustrate the authors' points throughout. The Fourth Edition of Agricultural Product Prices brings its subject into the twenty-first century with information and insights that can be applied to agricultural markets worldwide.
http://www.amazon.com/gp/product/0801440939/?tag=2022091-20
Tomek, William Goodrich was born on September 20, 1932 in Table Rock, Nebraska, United States. Son of John and Ruth Genevieve (Goodrich) Tomek.
Bachelor of Science, University Nebraska, 1956. Master of Arts, University Nebraska, 1957. Doctor of Philosophy, University Minnesota, 1961.
Assistant professor, Cornell Univercity, Ithaca, New York, 1961-1966;
National Science Foundation fellow, Cornell Univercity, Ithaca, New York, 1965;
associate professor agricultural economics, Cornell Univercity, Ithaca, New York, 1966-1970;
professor, Cornell Univercity, Ithaca, New York, since 1970;
department chairman agricultural economics, Cornell Univercity, Ithaca, New York, 1988-1993. Visiting economics USDA, 1978-1979. Visiting fellow Stanford University, 1968-1969, U. New England, Australia, 1988.
Member of advisory panel Review Agricultural Economics, 1996-1998.
( Published continuously since 1972, Agricultural Product...)
(In an excellent synthesis of theory and measurement as th...)
Served with United States Army, 1953-1955. Member American Agricultural Economics Association (president 1985-1986), American Economics Association, Econometric Society, Northeastern Agricultural Economics Association, American Agricultural Economics Association (awards 1981, 89, 97, fellow), Gamma Sigma Delta (research award 1994).