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We use two experimental valuation methods to estimate consumer demand for genetically modified golden rice. The first is an open-ended choice experiment (OECE) where participants name the quantities of golden rice and conventional rice demanded at each of several price combinations, one of which...
Persistent link: https://www.econbiz.de/10014207321
Low demand for crop insurance, even when subsidized at highly favorable rates, remains a challenge for policymakers in developing countries attempting to create insurance-based farm safety nets. Evidence from a series of surveys and experiments with 477 vegetable farmers in China reveals several...
Persistent link: https://www.econbiz.de/10014030040
This article explores the factors affecting demand for tastes in food. Following Silberberg (1985) we divide demand for food into demand for nutrition and demand for tastes. We first compute the minimum cost required to fulfil the Recommended Daily Allowances (RDAs) of households and attribute...
Persistent link: https://www.econbiz.de/10009653717
In this paper, we employ a method to examine the factors affecting quality choice by Greek households, using cross-sectional survey data. We illustrate the method using the raw data of the 2004/05 Household Budget Survey for meat and fish products. Quality elasticities of total food expenditure...
Persistent link: https://www.econbiz.de/10010588226
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