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Producers of many commodities pay for generic advertising, which is a public good for producers and, in cases like healthy foods, enhances social welfare. Though most programs were initially funded through the Voluntary Contribution Mechanism, many became mandatory to mitigate free riding. This...
Persistent link: https://www.econbiz.de/10009394197
Producers of many commodities pay for generic advertising, which is a public good for producers and, in cases like healthy foods, enhances social welfare. Though most programs were initially funded through the Voluntary Contribution Mechanism, many became mandatory to mitigate free riding. This...
Persistent link: https://www.econbiz.de/10005324898
Persistent link: https://www.econbiz.de/10009392468
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Given the uncertain legal status of generic advertising programs for agricultural commodities, alternative voluntary funding institutions are investigated that could provide a high level of benefits to producers. This experimental study simulates key economic and psychological factors that...
Persistent link: https://www.econbiz.de/10009392277
Production labeling is a common approach for differentiating otherwise similar products in the marketplace. While these labels may convey positive messages to consumers about the new product, they may simultaneously stigmatize the conventionally produced product by highlighting perceived...
Persistent link: https://www.econbiz.de/10009394213
This research uses laboratory experiments to examine how hydrogeologic properties of groundwater models influence decision making. The results reveal that pumping rates are highest when the underlying model is such that the future costs of groundwater use are broadcast evenly to all users, as a...
Persistent link: https://www.econbiz.de/10010581345
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Production labeling is a common approach for differentiating otherwise similar products in the marketplace. While these labels may convey positive messages to consumers about the new product, they may simultaneously stigmatize the conventionally produced product by highlighting perceived...
Persistent link: https://www.econbiz.de/10008537151