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It is generally thought that market outcomes are improved with the provision of market information. As a result, the use of repeated rounds with price feedback has become standard practice in the applied experimental auction valuation literature. We conducted two experiments to determine how...
Persistent link: https://www.econbiz.de/10010613943
The impact of new manure management regulations depends on the willingness of crop producers to accept manure. A contingent valuation analysis of crop producers was used to estimate the willingness of crop producers to accept or pay for manure. Results indicate that producers will pay a positive...
Persistent link: https://www.econbiz.de/10005500406
Economists typically assume that more choice is better, and consumers are more likely to purchase from a larger choice set. However, marketing and psychological studies show this is not always the case. This paper reports results from experiments designed to further investigate the so-called...
Persistent link: https://www.econbiz.de/10005525697
Consumer demand for a ban on subtherapeutic antibiotic use in pork production is measured using non-hypothetical choice experiments in a grocery store setting. Consumers are asked to choose between a regular pork chop plus a grocery coupon and an antibiotic-friendly pork chop without a coupon....
Persistent link: https://www.econbiz.de/10005526023
With the possible elimination of the mandatory beef checkoff, some state are considering a voluntary beef checkoff. This study conducts a choice experiment to estimate the feasibility of a state and nationwide voluntary checkoff. Results indicate that a lower fee and a greater focus on...
Persistent link: https://www.econbiz.de/10005536152
A previous study showed that imposing economic restrictions improves the forecasting ability of food demand systems, thus warranting their use even when rejected in-sample. This study attempts to determine whether this is due solely to the fact that restrictions improve degrees of freedom....
Persistent link: https://www.econbiz.de/10005476666
Persistent link: https://www.econbiz.de/10005483741
Recently, the U.S. Supreme Court considered whether the mandatory fees imposed by the beef checkoff violates the First Amendment. As a precaution, many states began forming voluntary beef checkoffs, where funds would be raised through voluntary contributions. This study conducted a survey of...
Persistent link: https://www.econbiz.de/10005484228
Pesticide productivity is both important and difficult to measure. Typically, pesticide marginal products are estimated without information on the pest pressure. Three theoretical models are developed which suggest absence of such information may cause an underestimation of pesticide...
Persistent link: https://www.econbiz.de/10005484252
The application of manure phosphorus at rates above crop uptake has resulted in water pollution for some regions. In response, new manure management standards will require some farms to match manure phosphorus applications rates with crop uptake. For some regions, this will lead to more crop...
Persistent link: https://www.econbiz.de/10005469201