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FOOD DECISION, INFORMATION AND PERSONALITY

Loheac, Youenn; Combris, Pierre; Issancou, Sylvie - European Association of Agricultural Economists - EAAE; … - 2010

This study introduce measures of personality traits in an experiment which associate willingness to pay for food and sensory analysis tools in order to explore potential links between personality and food decisions. Measure of personality traits comes from experimental economics (risk aversion...

Persistent link: https://www.econbiz.de/10009368324

Time Preference and Technology Adoption: A Single-Choice Experiment with U.S. Farmers

Duquette, Eric; Higgins, Nathaniel; Horowitz, John - Agricultural and Applied Economics Association - AAEA - 2013

We elicit time-discounting behavior from U.S. farmers that are broadly known to be either late or early adopters of farming best management practices. Using a single-choice experiment, we estimate the mean discount rate for each farmer group and find that late adopters have a mean discount rate...

Persistent link: https://www.econbiz.de/10010916254

A Multidimensional Homo Economicus: Cultural Dimensions of Economic Preferences in Four Countries

Ehmke, Mariah D.; Lusk, Jayson L.; Tyner, Wallace E. - Agricultural and Applied Economics Association - AAEA - 2005

Previous work in experimental economics reveals specific differences in economic behavior, especially reciprocity and free-riding behavior, across cultures. We expand the possible pallet of cross-cultural behavioral differences that may exist. We hypothesize that different kinds of strategic...

Persistent link: https://www.econbiz.de/10005803347

Impact of Risk and Time Preferences on Responses to Forest Tenure Land Reform: Empirical Evidence from Fujian, China

Sullivan, Karen A.; Uchida, Emi; Xu, Jintao - Agricultural and Applied Economics Association - AAEA - 2010

This research examines the effect of risk and time preferences on forest management responses to forest tenure land reforms in Fujian, China that began in 2002. The different extent of the reform and its different timing across regions provide a natural experiment to test how time and risk...

Persistent link: https://www.econbiz.de/10009020253

Do Wealth Gains from Land Appreciation Cause Farmers to Expand Acreage or Buy Land?

Weber, Jeremy G.; Key, Nigel - Agricultural and Applied Economics Association - AAEA - 2013

gains. Exploiting periods of high and low appreciation that caused different increases in wealth for farmers owning … to an increase in their land wealth. We find that land wealth had little effect on farm size. However, for farms of a …

Persistent link: https://www.econbiz.de/10010881530

Does proprietor wealth influence small business decisions? Land appreciation and farm business borrowing, land ownership, and output

Weber, Jeremy G.; Key, Nigel - Agricultural and Applied Economics Association - AAEA - 2013

We study how increases in wealth from the appreciation of U.S. farmland influenced farm proprietor decisions to borrow …, buy land, and expand. Exploiting periods of high and low appreciation that caused different increases in wealth for … proprietors owning a larger or smaller share of their farmland, we find that each dollar increase in paper wealth led younger …

Persistent link: https://www.econbiz.de/10010916016

Migrant Labor Markets and the Welfare of Rural Households in the Developing World: Evidence from China

de Brauw, Alan; Giles, John - Agricultural and Applied Economics Association - AAEA - 2008

In this paper, we examine the impact of reductions in barriers to migration on the consumption of rural households in China. We find that increased migration from rural villages leads to significant increases in consumption per capita, and that this effect is stronger for poorer households...

Persistent link: https://www.econbiz.de/10005804666

A Theoretical and Empirical Analysis of Conservation Reserve Program Participation under Uncertainty

Isik, Murat - Agricultural and Applied Economics Association - AAEA - 2005

This paper develops theoretical and empirical models to understand how farmers formulate their participation strategies when deciding to enroll in the Conservation Reserve Program (CRP) under uncertainty. A theoretical model is employed to obtain the impacts of various factors on the optimal...

Persistent link: https://www.econbiz.de/10005327295

INCORPORATING RISK PREFERENCES INTO REAL OPTIONS MODELS

Isik, Murat - Agricultural and Applied Economics Association - AAEA - 2004

This paper develops a framework to link the expected utility analysis to real options models in order to capture the joint effects of risk aversion and irreversibility associated with real investments. It aims at modifying the theory of investment under uncertainty by incorporating decision...

Persistent link: https://www.econbiz.de/10005338323

Examining the Functional Specification of Two-Parameter Model under Location and Scale Parameter Condition

Nakashima, Takahiro - Agricultural and Applied Economics Association - AAEA - 2006

The functional specification of mean-standard deviation approach is examined under location and scale parameter condition. Firstly, the full set of restrictions imposed on the mean-standard deviation function under the location and scale parameter condition are made clear. Secondly, the...

Persistent link: https://www.econbiz.de/10005804914