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Consumers' Willingness to Pay for Additional Information on Food Quality and Safety

Latvala, Terhi; Kola, Jukka - European Association of Agricultural Economists - EAAE - 2004

Most quality properties of food products can be considered as credence characteristics, quality of which cannot be inferred before the purchase, and sometimes not even after the purchase. Our objective is to assess how much consumers are willing to pay (WTP) for meat products, of which e.g....

Persistent link: https://www.econbiz.de/10005801059

Demand for and Value of Credence Characteristics: Case Beef

Latvala, Terhi; Kola, Jukka - European Association of Agricultural Economists - EAAE - 2002

The aim of this study is to evaluate both qualitatively and quantitatively the value of new information about and the information systems set for credence characteristics of beef. Economics of information is our theoretical framework. The quantitative approach focuses to measure the ex ante...

Persistent link: https://www.econbiz.de/10005493727

DEMAND FOR CREDENCE CHARACTERISTICS IN BEEF

Kola, Jukka; Latvala, Terhi - Agricultural and Applied Economics Association - AAEA - 2002

The recent food crises in Europe have raised public concerns about the quality and safety of food. The growing concern among the consumers towards food safety issues has increased the demand for quality attributes. Most quality properties of food products can be considered as credence...

Persistent link: https://www.econbiz.de/10005320323

Dynamic Processes in Contingent Valuation: A Case Study Involving the Mahogany Glider

Tisdell, Clement A.; Wilson, Clevo; Swarna Nantha, Hemanath - School of Economics, University of Queensland - 2004

This paper reports the results of an experiment involving a sample of 204 members of the public who were assessed on …

Persistent link: https://www.econbiz.de/10005068352

Effects of Court Errors on Efficiency of Liability Rules: When Individuals are Imperfectly Informed

Singh, Ram - eSocialSciences - 2009

regarding the levels of care they take, and their decision to buy the information about the court errors. The analysis is …

Persistent link: https://www.econbiz.de/10008512444

Accounting’s shift to decision-based costing

COKINS, Gary; CĂPUŞNEANU, Sorinel; BRICIU, Sorin - In: Theoretical and Applied Economics XVIII(2012) (2012) 11(576), pp. 31-44

Managers are increasingly shifting from reacting to after-the-fact outcomes to anticipating the future with predictive analysis and proactively making adjustments with better decisions. Despite some advances in the application of new costing techniques, are management accountants adequately...

Persistent link: https://www.econbiz.de/10011004951

THE EVALUATION OF AN ORE DEPOSIT DEVELOPMENT PROSPECT THROUGH APPLICATION OF THE "GAMES AGAINST NATURE" APPROACH

KRZAK, MARIUSZ - In: Asia-Pacific Journal of Operational Research (APJOR) 30 (2013) 06, pp. 1350029-1

stages and to evaluate the results of the work stage by stage. This reduces the investment risk and facilitates the decision … decision on deposit development is made. This methodology was tested on the example of one of the zinc-lead ore deposits in the … Silesia-Cracow region. Apart from supporting the decision-making process, this methodology offers the means to evaluate …

Persistent link: https://www.econbiz.de/10011010822

INVOLVEMENT WITHIN THE SUSTAINABLE DEVELOPMENT – STRATEGIC OBJECTIVE FOR BANKS FROM ROMANIA

GAVRILA-PAVEN, Ionela; HUSUSAN, Lia Dorica; MITREA, Sorin; … - In: Proceedings of the International Conference Investments … 10 (2011) 1, pp. 42-47

Nowadays, an important aspect for the global economic development with implications also in the economy of Romania is represented by the providing of balance between the economical growth and the natural environment in sense of its protection and who are the main players to assume this...

Persistent link: https://www.econbiz.de/10009350641

INFORMATION SYSTEM - A COMPONENT OF THE MANAGEMENT SYSTEM

TOFAN, Cezarina Adina - In: Review of General Management 17 (2013) 1, pp. 188-194

, dynamism and foresight. In conditions of diversifying of the current economic-social environment, adopting the decision … leading process dilemmas of the economic systems. The problem of the decision-making is the activities difficulty of the … decision-making is an important resource for an organization, when there is quality and obtained and used it in a right time …

Persistent link: https://www.econbiz.de/10010666294

Investment under Uncertainty

Dixit, Avinash K.; Pindyck, Robert S. - Princeton University Press

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In...

Persistent link: https://www.econbiz.de/10011115766