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Stated choice experiments about ecosystem changes involve complex information. This study examines whether the format in which ecosystem information is presented to respondents affects stated choice outcomes. Our analysis develops a utility-maximizing model to describe respondent behavior. The...
Persistent link: https://www.econbiz.de/10008802891
This report examines optimum supply formula (OSF) in the tart cherry industry. The OSF is a tool for stabilizing market prices as authorized by a federal market order (FMO). The current OSF sets the optimum supply volume (OSV), or free sales of tart cherries in a given harvest year equal to the...
Persistent link: https://www.econbiz.de/10010878707
We analyze price and quality information at the procurement level in the specialty coffee supply chain using data from small and large volume e-auctions. Hedonic price equations reveal that the Cup of Excellence auction is a more differentiated market disclosing more information about coffee...
Persistent link: https://www.econbiz.de/10005803442
The US specialty coffee industry has grown from $1 billion in 1990 to $11 billion in 2006 and is expected to continue to grow into the foreseeable future. This growth particularly depends on prices coordinating the specialty coffee supply chain through two-way information exchange between...
Persistent link: https://www.econbiz.de/10005320969
Stated choice experiments about ecosystem changes involve complex information. Thisstudy examines whether the format in which ecosystem information is presented torespondents affects stated choice outcomes. Our analysis develops a utility-maximizingmodel to describe respondent behavior. The...
Persistent link: https://www.econbiz.de/10009443737
This analysis examined optimum supply formula (OSF) in the tart cherry industry. The OSF is a tool for stabilizing market prices as authorized by a federal market order (FMO). The current OSF sets free sales of tart cherries in a given harvest year, or optimum supply volume (OSV), equal to the...
Persistent link: https://www.econbiz.de/10010909125