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The motivation behind purchases of organic foods is not necessarily straightforward. Some individuals may purchase organic foods for health reasons, while others may do so because of concern for the environment. The issue is even more complicated when thinking about babyfood. Because of...
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In this paper we estimate the price premium associated with organic baby food by applying a hedonic model to price and characteristic data for baby food products collected in two cities: Raleigh/Durham, North Carolina and San Jose, California. We use price per jar of baby food as the dependent...
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Studies that estimate the benefits of reduced environmental exposure typically assume that individuals know the true magnitude of the risk reduction. However, the accuracy of risk perception assumptions may be questionable. This issue has not been resolved with respect to adult risk reductions...
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Virtually all technology adoption studies are conducted ex post, yet policy makers often need to assess the likely level of adoption before the technology is introduced. This study uses data from a contingent valuation survey of Michigan corn growers to assess what factors would influence the...
Persistent link: https://www.econbiz.de/10005321024
Virtually all technology adoption studies are conducted ex post, yet policy makers often need to assess the likely level of adoption before the technology is introduced. This study uses data from a contingent valuation survey of Michigan corn growers to assess what factors would influence the...
Persistent link: https://www.econbiz.de/10005743011
Microeconomic studies often make two assumptions: 1) producers focus on profit maximization, disregarding "external" environmental and health costs; and 2) producers have full information about their production processes and markets. This study examines whether these assumptions are valid for...
Persistent link: https://www.econbiz.de/10005536488