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Consumer demands for labeling of genetically modified (GM) food products have the potential to dramatically impact the way food crops are produced and distributed in the U.S. In May 2014 Vermont became the first U.S. state to legally require the labeling of GM foods. This study uses several...
Persistent link: https://www.econbiz.de/10011069001
analysis, perception analysis, conjoint analysis, experimental auction and an in-store experiment) are all employed to … strengthened by the positive results from the stated preference methods (the experimental auction and in-store experiment …
Persistent link: https://www.econbiz.de/10010913843
region with amenities more valuable than the ones coming from a less attractive setting ? Our results come from an experiment …
Persistent link: https://www.econbiz.de/10011020071
Homegrown value-auction experiments are useful for exploring preferences for controversial product attributes. These auctions have emphasized estimating the effect of the attribute on the willingness to pay (WTP) for a product. The likelihood that individuals are willing to purchase any products...
Persistent link: https://www.econbiz.de/10011212105
Consumers' willingness to pay for food products decreases when the food label indicates that a food product is produced with the aid of modern biotechnology. This bulletin presents empirical evidence on consumers' willingness to pay for biotech foods based on the presence or absence of labels...
Persistent link: https://www.econbiz.de/10005338947
We evaluate the impact of different information sequences on participants’ hypothetical willingness to pay (WTP) for food produced using nanotechnology. In three treatment groups, information on the health, societal, or environmental impact linked to nanotechnology was revealed in...
Persistent link: https://www.econbiz.de/10009368827
A lab experiment evaluates the consumers’ willingness to pay (WTP) for food products made with and without palm oil … alternative oils raises land use issues. In the experiment, successive messages emphasizing the characteristics of palm oil and …. The experiment also compares the welfare effects of two regulatory instruments, namely a consumer information campaign …
Persistent link: https://www.econbiz.de/10010730033
This paper tests whether individual perceptions of markets as good or bad for a public good is correlated with the propensity to report gaps in willingness to pay and willingness to accept revealed within an incentive compatible mechanism. Identifying people based on a notion of market affinity,...
Persistent link: https://www.econbiz.de/10010865787
Hypothetical and actual cash willingness to pay (WTP) for an art print were elicited with dichotomous choice and open-ended question formats. Comparing hypothetical and actual dichotomous choice responses using both a likelihood ratio test and the method of convolutions suggests we reject...
Persistent link: https://www.econbiz.de/10005719914
This book was originally published by Westview Press, Boulder CO, 1995.
Persistent link: https://www.econbiz.de/10005803611