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Heterogeneous tastes across consumers can be captured by random coefficients in a mixed logit (ML) model. However, other types of factors that may not directly affect taste could cause choices to vary, such as choice context, choice task complexity, and demographic characters. This paper jointly...
Persistent link: https://www.econbiz.de/10005536119
Multi-attribute modeling has rapidly progressed from being a novelty to becoming a widely used tool of economic research. When both choice and attribute ratings data are available, a model that makes joint use of both offers informative inference opportunities. In the present study we develop a...
Persistent link: https://www.econbiz.de/10005483421
Research on plant molecular farming (PMF) is supported by public and private sectors in Canada. This may lead to benefits of new or cheaper medicines, industrial products and foods, but also be the source of appreciable risks to food safety from contamination by PMF materials, as well as...
Persistent link: https://www.econbiz.de/10010913532
Cocoa is a classic Third World cash crop. It is produced mostly by small, poor farmers in Africa, while its products - chocolate and sun tan oil - are consumed by rich consumers in North America and Europe. A few West African economies are highly dependent on foreign exchange earned from cocoa...
Persistent link: https://www.econbiz.de/10005525383
Persistent link: https://www.econbiz.de/10010936877