Transaction Costs, Hold-Ups and Governance in Ethanol Supply Chains
Bibliographic record
Abstract
The long-run commercial viability of ethanol production depends on the ability to access an inexpensive and reliable supply of inputs as well as finding stable markets for ethanol and its co-products. A unique feature of ethanol plants is their position at the intersection of multiple supply chains which result in the production of grain products, livestock, and fuel (blended gasoline). The primary feedstock for first generation ethanol production is cereal grain (corn or wheat), while output from ethanol plants include not only ethanol for fuel, but also co-products used in livestock feeding. Transaction Cost Economics provides a lens through which to examine the juxtaposition of the multiple supply chain relationships that characterize the business environment for an ethanol plant. This paper examines the supply chain relationships in the Canadian ethanol industry within a transaction cost context. Sources of transaction costs and hold-up are identified, and inferences are drawn for the types of governance structures that may emerge in the long-run.
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How this classification was reachedexpand
Full frame machine prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.
Distilled classifier scores by category (both heads)
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.003 | 0.020 |
| Meta-epidemiology (narrow) | 0.000 | 0.001 |
| Meta-epidemiology (broad) | 0.001 | 0.000 |
| Bibliometrics | 0.002 | 0.002 |
| Science and technology studies | 0.002 | 0.005 |
| Scholarly communication | 0.006 | 0.008 |
| Open science | 0.001 | 0.002 |
| Research integrity | 0.002 | 0.001 |
| Insufficient payload (model declined to judge) | 0.007 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".