This study compares consumer valuations of beef steaks from cattle produced without growth hormones or genetically modified corn in France, Germany, the United Kingdom, and the United States. In general, European consumers place a higher value on beef from cattle that have not been administered...

Despite the existence of over 2.5 million Quarter Horses in the U.S., there has heretofore been little information available on the structural parameters underpinning the Quarter Horse market. In this paper, we compiled a unique data set, merging together information on registrations from the...

A relative increase in demand for quality can have one of two potentially countervailing effects: it can cause substitution of one quality for another and/or it might expand overall demand by bringing new consumers into the market. This article investigates demand expansion and substitution...

This research examines the empirical properties of duality theory. A comparison of the Hessian matrices calculated from the normalized unrestricted and restricted profit, and production functions indicate that duality is highly sensitive to measurement error and relative price variability....

A wide array of food safety scares and breakdowns have led to loss of consumer confidence in the quality and safety of beef products. To counteract such concerns, firms and regulators have the ability to utilize brands or labels to signal quality. Utilizing a mail survey in France, Germany, and...

A large body of literature suggests individuals behave differently when responding to hypothetical valuation questions than when actual payment is required. Such findings have generated a great deal of skepticism over the use of the contingent valuation method and benefit measures derived from...

Globalization and competitiveness of agricultural commodities could have significant potential benefits for food security and poverty reduction in West Africa. Participation in global trade and economy is potentially important but not enough to ensure benefits at all levels of the chains and...

The study assesses farmers’ perceptions and willingness to pay for a biopesticide developed from Metarhizium anisopliae a fungi. A sample of 400 conventional and organic cotton producers was randomly selected in cotton producing zones in Benin and interviewed for their perceptions on the...

Pests and diseases caused by bacteria, nematodes, fungi and viruses cause significant losses to tomato in West Africa. This study, carried-out within the framework of the IPM-CRSP implemented jointly by IITA, IER and Virginia Tech. and State University, assesses farmers’ perceptions on tomato...

This study examines the relative price of a standard market basket of food items and a market basket of healthier alternatives. Because people in low-income neighborhoods may have fewer grocery stores and transportation alternatives, the effects of store size and competition on the price of a...