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It is now fashionable in many circles to advocate vegetarianism, and many activist groups are vocal in their aim to convert the human race to vegetarians. What would be the economic costs and benefits of a shift away from meat consumption? In this article we provide some partial answers to this...
Persistent link: https://www.econbiz.de/10008558705
Scientists and beef industry participants are investigating ways to improve the healthiness of beef. We report results of a nationwide mail survey developed to determine consumers’ preferences for fat content in ground beef and identify how consumers would most like to improve the...
Persistent link: https://www.econbiz.de/10005041421
To identify the value consumers place on observable characteristics of fresh beef products, primary data were collected on over 1,350 packages of beef from 66 randomly selected grocery stores located in three metropolitan areas--Oklahoma City and Tulsa, Oklahoma, and Denver, Colorado. Estimated...
Persistent link: https://www.econbiz.de/10005525396
For a variety of reasons, Spanish growth in demand for organic and integrated products has not kept up with supply. This work focused on the effect of information and sensory issues on purchase behaviour in relation to sustainable agricultural production. Using experimental auctions and results...
Persistent link: https://www.econbiz.de/10011069643
A choice experiment (conjoint analysis) was used to investigate consumer demand for several beef ribeye steak attributes. Respondents indicated that they would prefer a "hormone free" ribeye steak priced up to $6.68/lb. more than a "non-hormone" free ribeye steak. Tenderness was also identified...
Persistent link: https://www.econbiz.de/10004989317
The earthquake that hit Haiti in the beginning of 2010 led to tremendous international solidarity in the recovery effort. Despite the tons of aid sent to Haiti, relatively little is known about the effectiveness of the aid or about the continuing needs of the Haitians. Using data collected from...
Persistent link: https://www.econbiz.de/10008922593
Persistent link: https://www.econbiz.de/10011068749
A large body of literature suggests individuals behave differently when responding to hypothetical valuation questions than when actual payment is required. Such findings have generated a great deal of skepticism over the use of the contingent valuation method and benefit measures derived from...
Persistent link: https://www.econbiz.de/10005320291
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
A wide array of food safety scares and breakdowns have led to loss of consumer confidence in the quality and safety of beef products. To counteract such concerns, firms and regulators have the ability to utilize brands or labels to signal quality. Utilizing a mail survey in France, Germany, and...
Persistent link: https://www.econbiz.de/10005339003