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Although experimental studies have reported a wide array of other-regarding behavior, the pervasiveness of such behavior in the field is an open question. Using a stated-preference experiment, we first estimate people's preferences, when purchasing food products, for the distribution of benefits...
Persistent link: https://www.econbiz.de/10008521065
Limited information exists regarding the extent and characteristics of branded fresh beef. Retail package data from a sample of grocery stores in three metropolitan areas enabled determining the extent of branded beef for ground beef, roasts, and steaks. Logit models identified factors affecting...
Persistent link: https://www.econbiz.de/10008546817
Accurately estimating consumer preferences for new products is an arduous task made difficult by the fact that individuals tend to exhibit a number of biases when answering hypothetical survey questions. Experimental auctions have advantages over conventional methods of estimating consumer...
Persistent link: https://www.econbiz.de/10008497220
Persistent link: https://www.econbiz.de/10008469249
We document the submission, rejection, and resubmission patterns of ninety-six papers published in five agricultural and environmental economics journals and use this information to infer authors' preferences among the set of journals. These data are augmented with stated preferences about...
Persistent link: https://www.econbiz.de/10008472890
This paper investigates citations to articles published in the Review of Agricultural Economics and in the American Journal of Agricultural Economics to better understand the impact of articles published in these journals and to evaluate recent policy decisions made by the Agricultural...
Persistent link: https://www.econbiz.de/10008472895
In-person interviews were carried out with Mexican millers who were administered a conjoint-type survey designed to incorporate uncertainty in attribute levels. Two methods were used to model millers’ risk preferences: a modified mean-variance approach and an explicit expected utility...
Persistent link: https://www.econbiz.de/10008474534
In this paper, we document a violation of normative and descriptive models of decision making under risk. In contrast to uncertainty effects found by Gneezy, List and Wu (2006), some subjects in our experiments valued certain lotteries more than the best possible outcome. We show that the...
Persistent link: https://www.econbiz.de/10008528785
Consumers reveal preferences for fresh beef attributes through their retail beef purchases. Hedonic pricing methods were used to estimate the value consumers place on observable characteristics of fresh beef products, especially on retail beef brands. Primary data were collected from 65 randomly...
Persistent link: https://www.econbiz.de/10004989171
A choice experiment (conjoint analysis) was used to investigate consumer demand for several beef ribeye steak attributes. Respondents indicated that they would prefer a "hormone free" ribeye steak priced up to $6.68/lb. more than a "non-hormone" free ribeye steak. Tenderness was also identified...
Persistent link: https://www.econbiz.de/10004989317