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This article studied Hawaii public opinion on agricultural products and processes using GMO technology. We used telephone to interview the people in each island of Hawaii. We found out that the favorability rating toward the attributes of GMO technological application differ based on the nature...
Persistent link: https://www.econbiz.de/10005522529
Two consumer choice models were developed using conjoint analysis to evaluate the effect of potential strategies to gain consumer acceptance of GMO foods. Results indicate that a government certification program would be more effective than the use of a familiar brand in assuring consumers of...
Persistent link: https://www.econbiz.de/10005477311
The objective is to estimate consumer willingness-to-pay (WTP) for pork chops produced under an integrated program which is designed to reduce the incidence of Salmonella. A double-bounded model is estimated to determine Kansas and Indiana consumers WTP for these pork chops. The median WTP is...
Persistent link: https://www.econbiz.de/10005328058
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This study explores two important issues in experimental economics: calibration and auction institution. Consumer willingness-to-pay bids for corn chips made with non-genetically modified ingredients are elicited from a 1st price and 2nd price auction. Results suggest that responses to scale...
Persistent link: https://www.econbiz.de/10005327456
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's low margins. Selling to the largest pool of customers means that marketing, promotion, stocking and service decisions are …
Persistent link: https://www.econbiz.de/10005038606
opinion regarding ethical issues of developing transgenic products has caused melee at times in the food marketing chain. This …
Persistent link: https://www.econbiz.de/10005513823
Forecasting feeder cattle basis has long been difficult because of the myriad factors that influence basis, including input and output prices and lot characteristics. This research draws upon knowledge of the various factors that influence cash feeder cattle prices to develop hedonic feeder...
Persistent link: https://www.econbiz.de/10005327535
Feeder calf prices are examined from a national video auction sales from 2004-2006. Many cattle, lot, and market characteristics significantly impact feeder cattle basis. Auction prices were adjusted for quality differences and for transportation costs and compared across regions. Basis was...
Persistent link: https://www.econbiz.de/10005477271