Information about:
Joost M.E. Pennings

Other registered authors

Email:
Homepage: http://www.fdewb.unimaas.nl/finance/?page=member&id=189
Postal Address: Marketing-Finance Research Lab Department of Marketing Department of Finance Maastricht University School of Business and Economics Maastricht University Tongersestraat 53 Room B1.13 6211 LM Maastricht The Netherlands
Phone: +31-43-3883934

Affiliation

• Department of Agricultural and Consumer Economics
  University of Illinois at Urbana-Champaign

  Location: Urbana-Champaign, Illinois (United States)
  Homepage: http://www.ace.uiuc.edu/
  Email:
  Phone: (217) 333-1810
  Fax: (217) 333-5538
  Postal: 326 Mumford Hall, MC-710, 1301 West Gregory Drive, Urbana, Illinois, 61801
  Handle: RePEc:edi:dauiuus (registered authors at this institution)

Working papers

1. Franken, Jason R.V. & Pennings, Joost M.E., 2009. "What Drives How Much Crop Producers Sell in Spot, Forward, and Futures Markets?," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49237, Agricultural and Applied Economics Association. [Downloadable!]

2. Franken, Jason R.V. & Pennings, Joost M.E. & Garcia, Philip, 2008. "Do Transaction Costs and Risk Preferences Influence Marketing Arrangements in the Illinois Hog Industry?," 2008 Conference, April 21-22, 2008, St. Louis, Missouri 37599, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

3. Mattos, Fabio & Garcia, Philip & Pennings, Joost M.E., 2008. "Dynamic Decision Making in Agricultural Futures and Options Markets," 2008 Conference, April 21-22, 2008, St. Louis, Missouri 37605, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

4. Kalogeras, N. & Pennings, J.M.E. & Van Ittersum, Koert, 2008. "Consumer Food Safety Risk Attitudes and Perceptions Over Time: The Case of BSE Crisis," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44156, European Association of Agricultural Economists. [Downloadable!]

5. Hoffmann, Arvid O.I. & Pennings, Joost M.E., 2008. "Shareholder Activism and the Role of Marketing: A Framework for Analyzing and Managing Investor Relations," Research Memoranda 007, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]

6. Mattos, Fabio & Garcia, Philip & Pennings, Joost M.E., 2007. "Insights into Trader Behavior: Risk Aversion and Probability Weighting," 2007 Conference, April 16-17, 2007, Chicago, Illinois 37569, NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

7. Schroeder, Ted C. & Tonsor, Glynn T. & Pennings, Joost M.E. & Mintert, James, 2007. "The Role of Consumer Risk Perceptions and Attitudes in Cross Cultural Beef Consumption Changes," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon 10254, Western Agricultural Economics Association. [Downloadable!]

8. Tonsor, Glynn T. & Schroeder, Ted C. & Pennings, Joost M.E. & Mintert, James, 2007. "Consumers Valuations and Choice Processes of Food Safety Enhancement Attributes: An International Study of Beef Consumers," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 9976, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

9. Egelkraut, Thorsten M. & Sherrick, Bruce J. & Garcia, Philip & Pennings, Joost M.E., 2006. "Farmers’ Subjective Perceptions of Yield and Yield Risk," 2006 Conference, April 17-18, 2006, St. Louis, Missouri 18991, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

10. Egelkraut, Thorsten M. & Garcia, Philip & Pennings, Joost M.E. & Sherrick, Bruce J., 2006. "Producers' Yield and Yield Risk: Perceptions versus Reality and Crop Insurance Use," 2006 Annual meeting, July 23-26, Long Beach, CA 21369, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

11. Kalogeras, Nikos & Pennings, Joost M.E. & Garcia, Philip, 2006. "What Drives Strategic Behavior? A Framework to Explain and Predict SMEs' Transition to Sustainable Production Systems," 2006 Annual meeting, July 23-26, Long Beach, CA 21354, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

12. Kuwornu, John K.M. & Kuiper, W. Erno & Pennings, Joost M.E. & Meulenberg, Matthew T.G., 2006. "Strategic Interactions, Risks and Coordination Costs in Food Marketing Channels: The Mediating Role of Futures Markets," 99th Seminar, February 8-10, 2006, Bonn, Germany 7740, European Association of Agricultural Economists. [Downloadable!]

13. Mattos, Fabio & Garcia, Philip & Pennings, Joost M.E., 2006. "Probability Distortion and Loss Aversion in Futures Hedging," 2006 Conference, April 17-18, 2006, St. Louis, Missouri 18992, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

14. Kuwornu, John K.M. & Kuiper, W. Erno & Pennings, Joost M.E. & Meulenberg, Matthew T.G., 2006. "Risk Management Using Futures Contracts: The Impact of Spot Market Contracts and Production Horizons on the Optimal Hedge Ratio," 99th Seminar, February 8-10, 2006, Bonn, Germany 7755, European Association of Agricultural Economists. [Downloadable!]

15. Pennings, Joost M.E. & Isengildina, Olga & Irwin, Scott H. & Good, Darrel L. & Garcia, Philip & Frank, Julieta M. & Kuiper, W. Erno, 2005. "Complex Choices: Producers Risk Management Strategies," 2005 Annual meeting, July 24-27, Providence, RI 19550, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

16. Pennings, Joost M.E. & Egelkraut, Thorsten M., 2005. "Why Do Commodity Futures Markets Exist? Their Role in Managing Marketing Channel Relationships," 2005 Annual meeting, July 24-27, Providence, RI 19433, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

17. Egelkraut, Thorsten M. & Woodard, Joshua D. & Garcia, Philip & Pennings, Joost M.E., 2005. "Portfolio Diversification with Commodity Futures: Properties of Levered Futures," 2005 Conference, April 18-19, 2005, St. Louis, Missouri 19047, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

18. Verhees, Frans J.H.M. & Meulenberg, Matthew T.G. & Pennings, Joost M.E., 2005. "The Influence of Market Factors on Intention to Adopt a "Radical" Product Innovation by Farmers," 2005 Annual meeting, July 24-27, Providence, RI 19381, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

19. Franken, Jason R.V. & Pennings, Joost M.E., 2005. "Changing Agricultural Marketing Channel Structures: Interdependences & Risk Preferences," 2005 Annual meeting, July 24-27, Providence, RI 19414, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

20. Pennings, Joost M.E. & van Ittersum, Koert, 2004. "Understanding And Managing Consumer Risk Behavior," 2004 Annual meeting, August 1-4, Denver, CO 20163, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

21. Verhees, Frans J.H.M. & Meulenberg, Matthew T.G. & Pennings, Joost M.E., 2004. "The Role Of Current Customers For Radical Product Innovation In Small-Firms," 2004 Annual meeting, August 1-4, Denver, CO 20088, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

22. Pennings, Joost M.E. & Garcia, Philip, 2004. "Strategic Risk Management Behavior: What Can Utility Functions Tell Us?," 2004 Annual meeting, August 1-4, Denver, CO 20388, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

23. Kalogeras, Nikos & van der Lans, Ivo A. & Pennings, Joost M.E. & van Dijk, Gert, 2004. "Members' Preferences For Cooperative Structures: An Experimental Conjoint Study," 2004 Annual meeting, August 1-4, Denver, CO 20292, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

24. Isengildina, Olga & Pennings, Joost M.E. & Irwin, Scott H. & Good, Darrel L., 2004. "Crop Farmers’ Use of Market Advisory Services," AgMAS Project Research Reports 37489, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics. [Downloadable!]

25. Marsh, Julia W. & Pennings, Joost M.E. & Garcia, Philip, 2004. "Perceptions Of Futures Market Liquidity: An Empirical Study Of Cbot & Cme Traders," 2004 Conference, April 19-20, 2004, St. Louis, Missouri 19014, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

26. Pennings, Joost M.E. & Isengildina, Olga & Irwin, Scott H. & Good, Darrel L., 2004. "The Impact Of Marketing Advisory Service Recommendations On Producers' Marketing Decisions," 2004 Annual meeting, August 1-4, Denver, CO 20389, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

27. Kuiper, W. Erno & Kuwornu, John K.M. & Pennings, Joost M.E., 2003. "Time Series Analysis Of A Principal-Agent Model To Assess Risk Shifting And Bargaining Power In Commodity Marketing Channels," 2003 Annual meeting, July 27-30, Montreal, Canada 22046, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

28. van Herpen, Erica & Pennings, Joost M.E. & Meulenberg, Matthew, 2003. "Consumers’ evaluations of socially responsible activities in retailing," Mansholt Working Papers 46730, Wageningen University, Mansholt Graduate School of Social Sciences. [Downloadable!]

29. Pennings, Joost M.E. & Garcia, Philip & Marsh, Julia W., 2003. "Futures Market Depth: Revealed Vs. Perceived Price Order Imbalances," 2003 Conference, April 21-22, 2003, St. Louis, Missouri 18989, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

30. Pennings, Joost M.E. & Garcia, Philip & Irwin, Scott H. & Good, Darrel L., 2003. "How To Group Market Participants? Heterogeneity In Hedging Behavior," 2003 Annual meeting, July 27-30, Montreal, Canada 21963, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]

31. Pennings, J.M.E. & Smidts, A., 2002. "The Shape of Utility Functions and Organizational Behavior," Research Paper ERS-2002-18-MKT Revision_, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]

32. Pennings, Joost M.E. & Leuthold, Raymond M., 2001. "A Behavioral Approach Towards Futures Contract Usage," Mansholt Working Papers 46448, Wageningen University, Mansholt Graduate School of Social Sciences. [Downloadable!]
    Published as:
    • Pennings, Joost M E & Leuthold, Raymond M, 2001. "A Behavioural Approach towards Futures Contract Usage," Australian Economic Papers, Blackwell Publishing, vol. 40(4), pages 461-78, December. [Downloadable!] (restricted)

33. Pennings, Joost M.E. & Garcia, Philip, 2001. "Unobserved Heterogeneity: Evidence and Implications for SMEs' Hedging Behavior," 2001 Conference, April 23-24, 2001, St. Louis, Missouri 18955, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

34. Pennings, Joost M.E. & Good, Darrel L. & Irwin, Scott H. & Gomez, Jennifer K., 2001. "The Role Of Market Advisory Services In Crop Marketing And Risk Management: A Preliminary Report Of Survey Results," AgMAS Project Research Reports 14772, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics. [Downloadable!]

35. Pennings, Joost M.E. & Irwin, Scott H. & Good, Darrel L., 2001. "Modeling Farmers' Use of Market Advisory Services," 2001 Conference, April 23-24, 2001, St. Louis, Missouri 18950, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. [Downloadable!]

36. Joost M.E. Pennings & M.T.G. Meulenberg, 1999. "The Financial Industry's Challenge of Developing Commodity Derivatives," Finance 9905001, EconWPA. [Downloadable!]

37. Joost M.E. Pennings & Raymond M. Leuthold, 1999. "Commodity Futures Contract Viability: A Multidisciplinary Approach," Finance 9905002, EconWPA. [Downloadable!]

38. Joost M.E. Pennings & Raymond M. Leuthold, 1999. "Futures Exchange Innovations: Reinforcement versus Cannibalism," Finance 9905003, EconWPA. [Downloadable!]

39. Pennings, Joost M.E. & Irwin, Scott H. & Good, Darrel L., 1999. "Surveying Farmers: A Research Note," AgMAS Project Research Reports 14781, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics. [Downloadable!]

1. Glynn T. Tonsor & Ted C. Schroeder & Joost M. E. Pennings & James Mintert, 2009. "Consumer Valuations of Beef Steak Food Safety Enhancement in Canada, Japan, Mexico, and the United States," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 57(3), pages 395-416, 09. [Downloadable!] (restricted)

2. Glynn T. Tonsor & Ted C. Schroeder & Joost M. E. Pennings, 2009. "Factors Impacting Food Safety Risk Perceptions," Journal of Agricultural Economics, Blackwell Publishing, vol. 60(3), pages 625-644. [Downloadable!] (restricted)

3. Joost M.E. Pennings & Philip Garcia, 2009. "The informational content of the shape of utility functions: financial strategic behavior," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(2), pages 83-90. [Downloadable!]

4. Mattos, Fabio & Garcia, Philip & Pennings, Joost M.E., 2008. "Probability weighting and loss aversion in futures hedging," Journal of Financial Markets, Elsevier, vol. 11(4), pages 433-452, November. [Downloadable!] (restricted)

5. Ted C. Schroeder & Glynn T. Tonsor & Joost M.E. Pennings & James Mintert, 2007. "Consumer Food Safety Risk Perceptions and Attitudes: Impacts on Beef Consumption across Countries," The B.E. Journal of Economic Analysis & Policy, Berkeley Electronic Press, vol. 7(1). [Downloadable!]

6. Pennings, Joost M.E. & Garcia, Philip, 2005. "The poverty challenge: How individual decision-making behavior influences poverty," Economics Letters, Elsevier, vol. 88(1), pages 115-119, July. [Downloadable!] (restricted)

7. Kuwornu, John K.M. & Kuiper, W. Erno & Pennings, Joost M.E. & Meulenberg, Matthew T.G., 2005. "Incentive Provision and Coordination Costs in Food-Marketing Channels: A Multi-Stage Channel-Agency Theory Perspective," Journal of Food Distribution Research, Food Distribution Research Society, vol. 36(01), March. [Downloadable!]

8. Joost Pennings & Philip Garcia & Eligius Hendrix, 2005. "Towards a Theory of Revealed Economic Behavior: The Economic-Neurosciences Interface," Journal of Bioeconomics, Springer, vol. 7(2), pages 113-127, 01. [Downloadable!] (restricted)

9. John K. M. Kuwornu & W. Erno Kuiper & Joost M. E. Pennings & Matthew T. G. Meulenberg, 2005. "Time-varying Hedge Ratios: A Principal-agent Approach," Journal of Agricultural Economics, Blackwell Publishing, vol. 56(3), pages 417-432. [Downloadable!] (restricted)

10. Pennings, Joost M. E. & Garcia, Philip, 2004. "Hedging behavior in small and medium-sized enterprises: The role of unobserved heterogeneity," Journal of Banking & Finance, Elsevier, vol. 28(5), pages 951-978, May. [Downloadable!] (restricted)

11. Pennings, Joost M.E. & Isengildina, Olga & Irwin, Scott H. & Good, Darrel L., 2004. "The Impact of Market Advisory Service Recommendations on Producers' Marketing Decisions," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 29(02), August. [Downloadable!]

12. Pennings, Joost M. E., 2004. "A marketing-finance approach towards industrial channel contract relationships: a model and application," Journal of Business Research, Elsevier, vol. 57(6), pages 601-609, June. [Downloadable!] (restricted)

13. Joost M. E. Pennings, 2004. "Channel Contract Behavior: The Role of Risk Attitudes, Risk Perceptions, And Channel Members' Market Structures," Journal of Business, University of Chicago Press, vol. 77(4), pages 697-724, October. [Downloadable!]

14. Pennings, Joost M. E., 2002. "Stock-market Psychology: How People Value and Trade Stocks: Karl-Erik Warneryd, Edward Elgar Publishing Limited, Cheltenham, UK and Northampton, Massachusetts, USA, pp. 352, 2001, ISBN 1-84064-736-1, ," Journal of Economic Psychology, Elsevier, vol. 23(4), pages 546-548, August. [Downloadable!] (restricted)

15. Matthew T. G. Meulenberg & Joost M. E. Pennings, 2002. "A Marketing Approach to Commodity Futures Exchanges: A Case Study of the Dutch Hog Industry," Journal of Agricultural Economics, Blackwell Publishing, vol. 53(1), pages 51-64. [Downloadable!] (restricted)

16. W. Erno Kuiper & Joost M. E. Pennings, 2002. "Identification by full adjustment: evidence from the relationship between futures and spot prices," European Review of Agricultural Economics, Oxford University Press for the Foundation for the European Review of Agricultural Economics, vol. 29(1), pages 67-84, March.

17. Pennings, Joost M. E., 2002. "Pulling the trigger or not: Factors affecting behavior of initiating a position in derivatives markets," Journal of Economic Psychology, Elsevier, vol. 23(2), pages 263-278, April. [Downloadable!] (restricted)

18. Pennings, Joost M E & Garcia, Philip, 2001. " Measuring Producers' Risk Preferences: A Global Risk-Attitude Construct," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 83(4), pages 993-1009, November. [Downloadable!] (restricted)

19. Pennings, Joost M. E. & M. Leuthold, Raymond, 2001. "Introducing new futures contracts: reinforcement versus cannibalism," Journal of International Money and Finance, Elsevier, vol. 20(5), pages 659-675, October. [Downloadable!] (restricted)

20. Pennings, Joost M E & Leuthold, Raymond M, 2001. "A Behavioural Approach towards Futures Contract Usage," Australian Economic Papers, Blackwell Publishing, vol. 40(4), pages 461-78, December. [Downloadable!] (restricted)
    Other versions:
    • Pennings, Joost M.E. & Leuthold, Raymond M., 2001. "A Behavioral Approach Towards Futures Contract Usage," Mansholt Working Papers 46448, Wageningen University, Mansholt Graduate School of Social Sciences. [Downloadable!]

21. Pennings, Joost M E & Leuthold, Raymond M, 2000. " The Role of Farmers' Behavioral Attitudes and Heterogeneity in Futures Contracts Usage," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 82(4), pages 908-19, November. [Downloadable!] (restricted)

22. Candel, Math J. J. M. & Pennings, Joost M. E., 1999. "Attitude-based models for binary choices: A test for choices involving an innovation," Journal of Economic Psychology, Elsevier, vol. 20(5), pages 547-569, October. [Downloadable!] (restricted)

23. Joost M. E. Pennings & Matthew T. G. Meulenberg, 1998. "New Futures Markets in Agricultural Production Rights: Possibilities and Constraints for the British and Dutch Milk Quota Markets," Journal of Agricultural Economics, Blackwell Publishing, vol. 49(1), pages 50-66. [Downloadable!] (restricted)

24. Joost M. E. Pennings & W. Erno Kuiper & Frenkel ter Hofstede & Matthew T. G. Meulenberg, 1998. "The price path due to order imbalances: evidence from the Amsterdam Agricultural Futures Exchange," European Financial Management, Blackwell Publishing Ltd, vol. 4(1), pages 47-64. [Downloadable!] (restricted)

25. Pennings, Joost M. E., 1998. "The Information Dissemination Process of Futures Exchange Innovations: A Note," Journal of Business Research, Elsevier, vol. 43(3), pages 141-145, November. [Downloadable!] (restricted)

26. Joost Pennings & Willem Heijman & Matthew Meulenberg, 1997. "The Dimensions of Rights: A Classification of Environmental Rights and Production Rights," European Journal of Law and Economics, Springer, vol. 4(1), pages 55-72, January. [Downloadable!] (restricted)

27. Erwin Bulte & Joost Pennings, 1997. "A Note on Overfishing, Fishing Rights and Futures Markets," European Journal of Law and Economics, Springer, vol. 4(4), pages 327-335, December. [Downloadable!] (restricted)

28. Erwin Bulte & Joost Pennings & Wim Heijman, 1996. "Futures markets, price stabilization and efficient exploitation of exhaustible resources," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 8(3), pages 351-366, October. [Downloadable!] (restricted)

29. J. Pennings & M. Meulenberg & W. Heijman, 1996. "Environmental rights on the futures markets an application to the dutch manure market," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 7(1), pages 79-94, January. [Downloadable!] (restricted)

30. Pennings, Joost M. E. & Heijman, Willem J. M., 1995. "Prospects for an electricity futures market A comment," Resources Policy, Elsevier, vol. 21(4), pages 283-284, December. [Downloadable!] (restricted)

1. NEP-MIC: Microeconomics (1) 2002-04-03
2. NEP-MKT: Marketing (1) 2008-06-21
3. NEP-UPT: Utility Models & Prospect Theory (1) 2008-12-14

This page was last updated on 2009-11-30.