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Ward, Clement E.; Lusk, Jayson L.; Dutton, Jennifer M.. |
To identify the value consumers place on observable characteristics of fresh beef products, primary data were collected on over 1,350 packages of beef from 66 randomly selected grocery stores located in three metropolitan areas--Oklahoma City and Tulsa, Oklahoma, and Denver, Colorado. Estimated linear and log-linear hedonic models reveal ground beef prices were significantly influenced by store location (i.e., metropolitan area) and store type, fat content, package size and type, expiration date, brand category, and special labels. Factors influencing steak prices included store location, product type, quality grade, package size and type, brand category, and special labels. |
Tipo: Journal Article |
Palavras-chave: Beef; Brands; Hedonic models; Marketing; Prices; Retail; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety. |
Ano: 2008 |
URL: http://purl.umn.edu/46561 |
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Diekmann, Florian; Roe, Brian E.; Batte, Marvin T.. |
Internet auction platforms are changing the face of transactions in many business sectors, including agriculture. We provide one of the first systematic examinations of the differences between internet and in-person auctions in agricultural input markets. A hedonic model estimated with used tractor transactions from Midwestern sellers pooled between eBay and in-person auctions reveals statistically distinct price surfaces for the two auction venues and predicts significantly lower prices for comparable equipment sold on eBay, though this difference is attenuated for tractors fully covered by eBay's buyer protection program and is fully absent for the most frequently traded tractor. An endogenous venue-selection model reveals that larger, more-valuable... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Auctions; Electronic commerce; EBay; Farm equipment; Hedonic models; Marketing; D44; Q13. |
Ano: 2007 |
URL: http://purl.umn.edu/9694 |
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