This paper develops a logit-based conjoint analysis of willingness to pay for individual attributes of deer-hunting trips. Since deer-hunting success is uncertain, willingness to pay for enhanced likelihood of bagging a deer, rather than for certain success, is evaluated. Implicit costs of...

A long-term whole-farm analysis compared conventional and low-input farming systems. Data from a nine-year agronomic study at the Rodale Research Farm, Kutztown, Pennsylvania, were used to analyze profitability, liquidity, solvency, and risk on a representative commercial grain farm....

Product attributes that determine nursery-stock sales from wholesalers to retail garden centers and landscapers were studied. Conjoint analysis was used to obtain data on buyer preferences. The data were analyzed using ordinary least squares and logit procedures to determine the attributes that...

The objective of this article is to estimate historical economic surpluses for the subsectors involved in the U.S. sugar market. Annual producer and consumer surpluses were computed based on a five-equation model and 1958-87 data. In the last decade, the welfare position of cane- and beet-sugar...

Use of the economic threshold to improve the efficiency of preemergent-herbicide treatment decisions is limited by a lack of weed information. An economic model for assessing the expected value of weed information needed to implement a threshold decision rule is developed. Empirical results...

The use of conjoint analysis in assessing consumers' preferences for attributes is demonstrated with the apple as an example. Conjoint analysis may be used to estimate the importance of attributes and attribute levels through decomposition of consumers' ranking of alternative attribute...

The robustness of dynamic dual models examined by Howard and Shumway is reevaluated with the proper specification for the modified generalized Leontief (GL) and normalized quadratic (NQ) functional forms. In an application to the Northeastern and U.S. dairy industries, the theoretical...