Marra, Michele C.; Piggott, Nicholas E. - International Association of Agricultural Economists - IAAE - 2006
We analyze the non-pecuniary aspects of some crop biotechnologies taken from three farm-level surveys. We focus particularly on the phenomen on of part-whole bias, which is the empirical finding that the sum of the stated part-worths (the value of each nonpecuniary characteristic) is greater...