Han, Doo Bong; Nayga Jr., Rodolfo M.; Lee, Ji Yong; … - Southern Agricultural Economics Association - SAEA - 2012
The aim of this paper is to determine Korean consumers’ valuation for domestic rice and imported rice from China and the US. Using revealed preference data from random nth price auction mechanism, our results generally suggest that consumers’ willingness to pay (WTP) for domestic rice is...