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Economic valuation of the Emas waterfall, Mogi-Guaçu River, SP, Brazil Anais da ABC (AABC)
Peixer,Janice; Giacomini,Henrique C.; Petrere Jr,Miguel.
The Emas waterfall in Mogi-Guaçu River is regionally recognized as an important fishing spot and touristic place. The first reports of the professional and sport fishing there date back from the 30's, which is the same period when the tourism took place. The present paper provides an environmental valuation of this place and an assessment of the differences among the major groups of people using the area. During 2006 we interviewed 33 professional fishers, 107 sport fishers, 45 tourists and 103 excursionists in order to estimate the Willingness to Pay (WTP) for each category and to analyze the influence of socioeconomic factors by means of logistic regressions and ANCOVAs. The WTP of professional fisher was significantly influenced by age and education,...
Tipo: Info:eu-repo/semantics/article Palavras-chave: Contingent valuation method; Professional fishing; Sport fishing; Tourism; Willingness-to-pay.
Ano: 2011 URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0001-37652011000400016
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冷凍枝豆の消費者選択 : 原産国と農場・加工会社形態の効果 OAK
葉, 雅雯; 澤田, 学; YEH, Yawen; SAWADA, Manabu.
小稿の目的は,国産冷凍枝豆と,原料枝豆農場と冷凍加工会社の形態が異なる複数の外国産冷凍枝豆が購入可能な状況を想定した冷凍枝豆の選択実験により,冷凍枝豆の原産国属性の消費者評価を計量的に明らかにすることである。北海道帯広市の215 名から得た選択実験回答データを条件付きロジットモデルで分析した結果,1)外国産冷凍枝豆に対する平均的消費者の支払意志額は,国産冷凍枝豆に比べ極めて低いが,「低価格志向」が強く,「国産志向」の弱い消費者では 国産と外国産の間の評価差が縮小する,2)原料枝豆栽培農場を日本の輸入販売会社の指定農場とすることで外国産冷凍枝豆に対する支払意志額が高まる,ことが明らかとなった。 The purpose of this study was to clarify quantitatively Japanese consumers’ valuation of frozen edamame. Two hundred and fifteen consumers living in Obihiro City, Hokkaido, served as respondents. Four different types of frozen edamame (domestic frozen edamame, frozen edamame from Taiwan, frozen edamame from Thailand, and frozen edamame from China) were analyzed in a choice experiment using a conditional logit model. The following results were obtained: 1)...
Palavras-chave: 冷凍枝豆; 原産国; 消費者評価; 選択実験; 支払意志額; Frozen edamame; Country of origin; Consumer valuation; Choice experiment; Willingness-to-pay.
Ano: 2012 URL: http://ir.obihiro.ac.jp/dspace/handle/10322/3534
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Effects of Information and Country of Origin On Chinese Consumer Preferences for Wine: An Experimental Approach in the Field AgEcon
Wang, Hainan; McCluskey, Jill J..
Wine is a product whose value largely depends on the reputation associated with its region of production. China is a newcomer and latecomer to wine production and consumption. Wine consumption, especially imported wine, rarely exists outside of major urban areas. Therefore, understanding the Chinese local markets and consumer preference for wine products is important for foreign wine producers. WTP (Willingness-to-Pay), in economics, is the maximum amount a person would be willing to pay for a good, which is a useful tool to address consumers’ preference. In our study, we investigate the effects of information and origin of production on Chinese consumers’ WTP for wine. By using a second-price sealed-bid auction mechanism, which was first developed by...
Tipo: Thesis or Dissertation Palavras-chave: Wine consumption; Willingness-to-pay; Second price auction; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2010 URL: http://purl.umn.edu/61330
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Product Information and Willingness-to-Pay: A Case Study of Fair Trade Coffee on Chinese Market AgEcon
Yang, Shang-Ho; Guan, Huanda; Hu, Wuyang; Liu, Yun.
Poster Presentation
Tipo: Presentation Palavras-chave: Product information; Willingness-to-pay; Fair trade coffee; Chinese market; Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Marketing; Research Methods/ Statistical Methods; D12; Q13.
Ano: 2012 URL: http://purl.umn.edu/124360
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INCOME REMINDER AND THE DIVERGENCE BETWEEN WILLINGNESS-TO-PAY ESTIMATES ASSOCIATED WITH DICHOTOMOUS CHOICE AND OPEN-ENDED ELICITATION FORMATS AgEcon
He, Senhui; Jordan, Jeffrey L.; Florkowski, Wojciech J..
This study investigates whether an income reminder can reduce the divergence between the willingness-to-pay (WTP) estimates associated with the open-ended (OE) and dichotomous choice (DC) elicitation formats. Results show that without an income reminder, WTP estimate associated with DC elicitation format is about 1.66 times as large as that associated with OE elicitation format. With an income reminder, the WTP estimate associated with DC format decreased while the WTP estimate associated with OE format increased, and the divergence between the WTP estimates was almost eliminated.
Tipo: Conference Paper or Presentation Palavras-chave: Dichotomous choice; Open-ended; Income reminder; Water quality improvement; Willingness-to-pay; Research Methods/ Statistical Methods.
Ano: 2003 URL: http://purl.umn.edu/35193
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Consumers’ Valuation of GMO Segregation Programs in Japan AgEcon
Matsumoto, Shigeru.
The contingent valuation method was used to elicit Japanese consumers’ willingness-to-pay for genetically modified organism (GMO) segregation programs. The results revealed that most consumers pay nonnegligible premiums for products produced under strict GMO-segregation programs. However, we found that the premium did not vary by the threshold level of GMO content in the product. We further found that a government certification did not increase the premium for GMO-segregation programs. Therefore, an additional mandatory regulation to reduce GMO contaminations would not be worthwhile because such a regulation would incur substantial enforcement costs.
Tipo: Journal Article Palavras-chave: Contingent valuation method; Genetically modified organism segregation; Willingness-to-pay; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Marketing; D12; M31; Q13; Q18.
Ano: 2006 URL: http://purl.umn.edu/43760
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Consumers’ Willingness-to-Pay for Retail Branded Beef Products with Bundled Attributes AgEcon
Franken, Jason R.V.; Parcell, Joseph L.; Tonsor, Glynn T..
With a declining share of the domestic meat market, some beef producers are becoming more attentive to opportunities for value-added products tailored to the desires of certain consumer segments. Using a survey of St. Louis and Kansas City, Missouri meat consumers, this study investigates perceptions of and willingness-to-pay for various value-added attributes that could be supplied as retail branded beef products. Factor analysis identifies two alternative attribute bundles as branding strategies based on perceived importance and complementarity of attributes. Nonparametric procedures provide conservative estimates of willingness-to-pay. Parametric methods identify types of consumers willing to pay significantly higher premiums.
Tipo: Conference Paper or Presentation Palavras-chave: Beef; Branding; Marketing; Value-added; Willingness-to-pay; Agribusiness; Marketing; Q13; Q15.
Ano: 2011 URL: http://purl.umn.edu/103609
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Using Experimental Auctions for Marketing Applications: A Discussion AgEcon
Lusk, Jayson L..
The present article discusses general issues associated with experimental auctions and their relative advantages and disadvantages over other marketing research techniques. Experimental auctions create an active market environment with feedback where subjects exchange real goods and real money, which is not generally the case with other methods. The article also discusses four experimental design issues associated with experimental auctions: auction mechanism, market feedback and bidder affiliation, demand reduction and wealth effects, and multiple attribute valuation. Each of these experimental design issues, if not properly controlled, have the potential to create serious flaws in marketing recommendations.
Tipo: Journal Article Palavras-chave: Auctions; Experimental economics; Marketing; Valuation; Willingness-to-pay; D44; C92; Q13; M31.
Ano: 2003 URL: http://purl.umn.edu/43210
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Contingent Valuation of Consumers’ Willingness-to-Pay for Organic Food in Argentina AgEcon
Rodriguez, Elsa M.; Lacaze, Maria Victoria; Lupin, Beatriz.
Throughout these last years, organic agriculture has undergone a remarkable expansion due, among other things, to the greater interest shown by consumers aware of food safety concerns involving real or perceived quality risks [1]. This paper aims to estimate consumers’ willingness to pay (WTP) for organic food products available in the Argentinean domestic market, with a view to providing some useful insights to gain support and outline strategies for promotion of organic production, marketing, regulation, and labelling programs of organic food products. A Binomial Multiple Logistic Regression model is estimated with data from a food consumption survey conducted in Buenos Aires city, Argentina, in April 2005. The Contingent Valuation Method was chosen in...
Tipo: Conference Paper or Presentation Palavras-chave: Willingness-to-pay; Food attributes; Organics; Demand and Price Analysis.
Ano: 2008 URL: http://purl.umn.edu/43947
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Grower perceptions of the impact of protein premiums and discounts for wheat AgEcon
Petersen, Elizabeth H.; Fraser, Rob W..
This paper presents results of a survey of Western Australian wheat growers designed to elicit perceptions of the impact of protein premiums and discounts for wheat on income, utility and off-farm risk management. The results indicate that a grower’s perception of the scheme’s impact on expected income and utility depends on that grower’s expected protein level. Additionally, growers do not perceive protein premiums and discounts to have affected the variance of income, or their willingness-to-pay for a forward contract. These latter findings are contrary to previous studies of actual rather than perceived effects. However, the perceptions of growers are understandable given that the scheme’s effect on the variance of income is small relative to its effect...
Tipo: Presentation Palavras-chave: Protein premiums and discounts; Wheat; Survey; Willingness-to-pay; Crop Production/Industries; Farm Management.
Ano: 2000 URL: http://purl.umn.edu/123725
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Consumer Preferences for U.S. Pork in Urban China AgEcon
Ortega, David L.; Wang, H. Holly; Wu, Laping.
China’s transition into a developed economy is driving changes in consumer preferences and demand for foods. To evaluate consumer preferences for U.S. pork in urban China, primary data were collected in two metropolitan areas- Beijing and Shanghai. Estimated logit models revealed that an individual’s age, shopping location and food safety concerns significantly influenced their willingness-to-pay for U.S. pork. A proportional linear model was developed to evaluate factors affecting purchasing behavior of western-style pork cuts vs. traditional Chinese cuts. Food safety concerns were linked to a previous lean-meat additive scare and a lack of consumer confidence on the Chinese food inspection system.
Tipo: Conference Paper or Presentation Palavras-chave: China; U.S. Pork; Willingness-to-pay; Ordered Logit; Food safety; Agricultural and Food Policy; Consumer/Household Economics; Marketing; D120; D190; M390; Q130; Q180.
Ano: 2009 URL: http://purl.umn.edu/49184
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Risks Perceptions and Willingness-to-Pay for Organic Fresh Chicken in Argentina AgEcon
Lacaze, Maria Victoria; Rodriguez, Elsa M.; Lupin, Beatriz.
Contributed Paper prepared for presentation at the International Association of Agricultural Economists Conference, Beijing, China, August 16-22, 2009
Tipo: Conference Paper or Presentation Palavras-chave: Risks perceptions; Hormone-free chicken; Willingness-to-pay; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; D12; C25.
Ano: 2009 URL: http://purl.umn.edu/51016
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Estimation of a Surface Water Quality Valuation Index for the Appalachian Region AgEcon
Khatri-Chhetri, Arun; Collins, Alan R..
A surface water quality valuation index is developed and used to compare counties across the Appalachian Region. This index was based on a meta-analysis of non-market water quality valuation studies along with an application of benefit transfer. The results reveal that Pennsylvania, Georgia, and New York had the highest percentages of counties with high index values within the Appalachian Region. As this research was part of an inter-disciplinary team assembled by the Appalachian Regional Commission, results of this index can be compared to other indices computed for water resources in the region.
Tipo: Conference Paper or Presentation Palavras-chave: Meta-analysis; Benefit transfer; Contingent valuation; Willingness-to-pay; Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/103653
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RELATIVE AND ABSOLUTE RISK FORMAT IN ELICITING WILLINGNESS-TO-PAY FOR BEEF IRRADIATION AgEcon
Rimal, Arbindra; Fletcher, Stanley M.; McWatters, Kay H..
The relationship between the valuation of reduced risk through irradiation and framing of risk information was determined using absolute and relative risk formats. A double-bounded CV survey was used to measure willingness-to-pay (WTP) for irradiated beef among 740 U.S. households. Results show that the WTP was sensitive to the risk formats.
Tipo: Conference Paper or Presentation Palavras-chave: Beef irradiation; Relative risk format; Absolute risk format; Willingness-to-pay; Double-bounded CV questions; Consumer/Household Economics.
Ano: 2000 URL: http://purl.umn.edu/21825
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Valoração econômica da Gruta do Maquiné em Cordisburgo - MG AgEcon
Paula, Zelia Rodrigues de; Gomes, Marilia Fernandes Maciel; Lima, Joao Eustaquio de; Coelho, Alexandre Braganca; Quintela, Mirelle C. de Abreu.
The Maquiné Cavern is a natural resource system located at Cordisburgo, MG. It was built by nature in the last few thousand years. It’s a source of knowledge to researchers and income to local people. Therefore, it’s very important to preserve it. Visitors’ characteristics and econometric estimation of demand systems are key information which may be important to resource management decisions. Our objective was to find the economic value of the Maquiné Cavern. The analytical procedure was the Travel Cost method. Data were obtained by interviews. Results showed that most visitors have high educational levels and generally do not travel alone and visit Maquiné Cavern for the first time. The average willingness to pay for visits to the Maquiné Cavern, in each...
Tipo: Journal Article Palavras-chave: Maquiné cavern; Environmental valuation; Willingness-to-pay; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/102094
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Modeling Heterogeneity in Consumer Preferences for Select Food Safety Attributes in China AgEcon
Ortega, David L.; Wang, H. Holly; Wu, Laping; Olynk, Nicole J..
Food safety issues often arise from problems of asymmetric information between consumers and suppliers with regards to product-specific attributes. Severe food safety scandals were observed recently in China that not only caused direct economic and life loss but also created distrust in the Chinese food system domestically as well as internationally. While much attention has focused on the problems plaguing the Chinese government’s food inspection system, little research has been dedicated to analyze consumers’ concerns over food safety. In this paper we measure consumer preferences for select food safety attributes in pork and take their food safety risk perceptions into account. Several choice experiment models, including latent class and random...
Tipo: Conference Paper or Presentation Palavras-chave: Food safety; Choice experiment; Willingness-to-pay; Risk perceptions; Random parameters logit; Latent class logit; Agricultural and Food Policy; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Q13; Q17; Q18.
Ano: 2010 URL: http://purl.umn.edu/61175
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Hedging von Mengenrisiken in der Landwirtschaft – Wie teuer dürfen „ineffektive“ Wetterderivate sein? AgEcon
Musshoff, Oliver; Hirschauer, Norbert.
Since the mid-nineties, agricultural economists discuss the suitability of “weather derivatives” as hedging instruments for volumetric risks in agriculture. Contrary to traditional insurance contracts, the payoffs of such derivatives are linked to weather indices (e.g. accumulated rainfall or temperature over a certain period) that are measured objectively at a defined meteorological station. While weather derivatives thus circumvent the problem of moral hazard and adverse selection, weather derivative markets for the agricultural sector are still in their infancy all-over the world. Some economists attribute this to theoretical valuation problems and the lack of a pricing method which is accepted by all market participants. Others think that the low...
Tipo: Journal Article Palavras-chave: Weather derivatives; Rainfall risk; Willingness-to-pay; Portfolio optimization; Hedging of volumetric risk; Farm Management; Financial Economics; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/97605
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Certification Logos in the Market for Organic Food: What are Consumers Willing to Pay for Different Logos? AgEcon
Janssen, Meike; Hamm, Ulrich.
Organic food is often labelled with an organic certification logo to gain consumer trust in the product integrity. The number of different organic certification logos in the European market raises the question whether consumers prefer specific logos over others. The aim of this paper is to analyse consumers’ willingness-to-pay (WTP) for different organic logos to give recommendations for actors in the organic sector. Choice experiments and structured interviews were conducted with 2,441 consumers of organic food in six European countries. The data was analysed with random parameter logit models. We found great differences between the tested logos regarding the price premium that consumers were willing to pay. The highest WTP was recorded for well-known...
Tipo: Conference Paper or Presentation Palavras-chave: Organic logos; Willingness-to-pay; Credence goods; Random parameter logit models; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2011 URL: http://purl.umn.edu/114454
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Taste and Visual Influences on Hispanic Consumers' Preferences and Willingness-to-Pay for Pasture-Fed Beef AgEcon
Luo, Jie; Mainville, Denise Y.; You, Wen; Nayga, Rodolfo M., Jr..
Experimental Economics methods are used to determine Hispanic consumers’ sensory acceptance of pasture-fed beef and evaluate visual and taste influences on their overall preferences and willingness-to-pay (WTP). Two hundred and thirty-one Hispanic consumers in four experimental sites in Virginia participated in a laboratory experimental procedure where they visually examined and tasted pasture-fed and conventionally produced grain-fed beef, and then participated in a non-hypothetical Multiple Price Lists (MPL) experiment to determine their WTP. Hispanic consumers perceived significant differences between pasture-fed and grain-fed beef’s appearance and taste. Visual and taste acceptances are closely correlated to and significantly influence overall...
Tipo: Conference Paper or Presentation Palavras-chave: Pasture-Fed Beef; Experimental Economics; Multiple Price Lists; Preference; Willingness-to-pay; Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Livestock Production/Industries; Marketing.
Ano: 2009 URL: http://purl.umn.edu/49457
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Quality Perceptions and Willingness-to-Pay for Imported Rice in Japan AgEcon
Peterson, Hikaru Hanawa; Yoshida, Kentaro.
Attitudes of Japanese consumers toward domestic and foreign varieties of rice were analyzed on the basis of a survey. We found that the current retail prices for imported rice are higher than the average consumers’ willingness-to-pay (WTP), whereas most domestic rice was priced below the average WTP. Unfamiliarity or negative perceptions of the safety and flavor of foreign rice lowered WTP substantially. The WTP for U.S. rice was limited more by negative perceptions of flavor than from concerns about food safety.
Tipo: Journal Article Palavras-chave: Choice experiment; Food safety; Japan; Quality perceptions; Ride; U.S. export; Willingness-to-pay; Q13.
Ano: 2004 URL: http://purl.umn.edu/42941
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