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Agricultural technology change is required in developing countries to increase the robustness to climate-related variability, feed a growing population, and create opportunities for market-oriented production. This study investigates technological change in the form of adoption of improved...
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We use panel data from two experiments conducted five months a part to investigate the stability of individual preferences and aggregate demand for five types of fish. Even though the bids in the two experiments are positively correlated, they clearly suggest that the individual preferences are...
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Consumers sometimes prefer stricter food regulations as voters than as consumers. A prime example is that battery-cage eggs were the most sold types of eggs in California in 2008 when 63% of voters supported the animal welfare proposition forbidding battery-cage eggs starting from from 2015. In...
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Aquaculture supplies almost half of the world’s seafood consumption. As the market for farmed seafood matures, an increased differentiation through the use of labels is expected. Labels can be categorized as mandatory or voluntary, depending on whether the label is required by law or not. In...
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Consumers' willingness to pay for Irish, Norwegian, U.S. hormone-free, and U.S. hormone-treated beef was studied in an experimental auction market. We ran four simultaneous second-price auctions to elicit efficiently the complete distribution of willingness to pay differences among our four...
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