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Auction experiments were used to examine demand relationships and willingness to pay (WTP) for organic, rBST-free, no antibiotics used, and conventional milk. Elasticities showed strong substitute and complement relationships between organic, rBST-free, and no antibiotics varieties. The sum of...
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The public good experiment has been used as both a teaching and research tool. In almost all instances it has been designed without reference to a specific public good or real-world application. This is done so participants' feelings or experiences involving the public good do not affect their...
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Secondary school students in six transitional economies, Belarus, Croatia, Kyrgyzstan, Lithuania, Russia and Ukraine, along with students in the USA, were surveyed about academic cheating. Regardless of geographic location, a substantial majority of all students reported that they had cheated on...
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Auction experiments were used to investigate demand relationships and willingness to pay (WTP) for four versions of potatoes and sweet corn—conventional, organic, and two parts of organic: no pesticides and non-genetically modified (non-GM). Elasticities showed strong and asymmetric...
Persistent link: https://www.econbiz.de/10008802889
This study examined consumer willingness to pay for first- and second-generation genetically modified (GM) and organic foods and for non-GM foods, dependent on tolerance for GM content. Data from a survey of students were examined using a heteroskedastic two-limit Tobit model. Results showed...
Persistent link: https://www.econbiz.de/10008835475
This study used weekly scanner data to determine within the milk market the factors that affect consumer choice of non-rBST and organic products and the implications for the development of niche markets. This was accomplished by first understanding what product attributes affected demand for...
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