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| Registros recuperados: 13 | |
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| Hoehn, John P.; Deaton, Brady J., Jr.. |
| Certified labeling for credence attributes is examined using the concepts of pooled and separating equilibria. The analysis addresses a latent credence good demand that differs from a conventional good demand by willingness to pay for the credence characteristic. Third-party certified labeling vertically differentiates the two products and a two separate markets replace a single pooled market. Market outcomes are examined theoretically and with empirical simulations. Costless labeling is net welfare improving, but impacts are highly asymmetric. Credence producers gain largely at the expense of conventional producers. Costly labeling may reduce welfare even with rather modest labeling costs. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Marketing. |
| Ano: 2004 |
URL: http://purl.umn.edu/11758 |
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| Norris, Patricia E.; Deaton, Brady J., Jr.. |
| Retention of agricultural land has become a principal goal for Michigan and its local governments. Purchase of Development Rights is one farmland preservation policy option being considered by many local units of government. Maximizing the benefits from such a program requires an understanding of why the public is interested in farmland preservation. The type and magnitude of benefit will differ depending upon which land is targeted for preservation. This paper reports the results of a survey conducted to ask residents of Kent County, Michigan, what characteristics of farmland are important and how farmland preservation programs should be targeted. The survey also asked whether respondents would support farmland preservation. Results indicate that... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Land Economics/Use. |
| Ano: 2002 |
URL: http://purl.umn.edu/11600 |
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| Norris, Patricia E.; Deaton, Brady J., Jr.. |
| The diversity of opinion on farmland preservation suggests that a close look at the issue is warranted as state and local governments consider how best to preserve the state's farmland resource. Public support for farmland preservation programs will be required if those programs are to be successful and will only be forthcoming if there is greater agreement about questions that underlie the policy debate. These questions include whether farmland loss is occurring, whether farmland preservation is needed, how farmland preservation programs should be designed, and what farmland should be preserved. This paper discusses each of these issues, in turn, and describes how current Michigan farmland preservation efforts are or are not addressing them. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Land Economics/Use. |
| Ano: 2001 |
URL: http://purl.umn.edu/11791 |
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| Hoehn, John P.; Deaton, Brady J., Jr.. |
| Certified labeling for credence attributes is examined using the concepts of pooled and separating equilibria. Credence attributes are product features that cannot be experienced directly by consumer, features such as pesticide-free, dolphin-safe, hormone-free, and organic. Without labeling, the traded good is a mix of credence and conventional goods. With certified labeling, the pooled market is replaced with separate markets for the credence and conventional good. Market outcomes are examined theoretically and with empirical simulations. Costless labeling is net welfare improving, but impacts are highly asymmetric. Credence producers gain largely at the expense of conventional producers. Costly labeling may reduce welfare even with rather modest... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Marketing. |
| Ano: 2003 |
URL: http://purl.umn.edu/11762 |
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| Deaton, Brady J., Jr.; Hoehn, John P.; Norris, Patricia E.. |
| Agricultural zoning and land use restrictions are long-standing approaches for controlling non-agricultural development. Agricultural landowners may contest agricultural zoning if they expect zoning to reduce land prices on restricted land. However, it is common to find agricultural landowners on both sides of this issue. A prevailing economic explanation for variation in landowner support is that the price effect of zoning varies across land parcels and therefore, zoning may increases the value of some lands zoned for agricultural use. In this paper, we provide an additional explanation for variation in agricultural landowner support. We use the concepts of net buyers and net sellers of land to suggest that the utility effect of changing land prices... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land Economics/Use. |
| Ano: 2005 |
URL: http://purl.umn.edu/19391 |
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| Deaton, Brady J., Jr.; Norris, Patricia E.; Hoehn, John P.. |
| The multifunctional set of services provided by farmland complicates the task of identifying which farmland should be preserved. For this reason many states and local governments establish criteria to rank and select parcels of farmland for protection. This study examines whether criteria commonly used by state programs to guide purchases of agricultural conservation easements influence public demand for farmland preservation. The results provide policy makers with additional information to assess current ranking criteria that set the standard for farmland preservation. |
| Tipo: Journal Article |
Palavras-chave: Land Economics/Use. |
| Ano: 2003 |
URL: http://purl.umn.edu/31625 |
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| Deaton, Brady J., Jr.; Hoehn, John P.. |
| An analytical model is developed to examine product quality labeling. Prior to labeling all consumers are willing to pay a premium for the quality characteristic but product quality cannot be observed directly. If production costs are increasing, the total quantity produced may contain a mix of products - with and without the high-valued attribute. In the pooled equilibrium demand is influenced by perceptions of the product mix. After labels are introduced the market is separated into two sectors, conventional and high-valued. The economic implications of labels are examined by contrasting welfare in the separating equilibrium with welfare in the pooled equilibrium. Under the models' maintained assumptions the conventional sector loses welfare, while... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Marketing. |
| Ano: 2003 |
URL: http://purl.umn.edu/22235 |
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| Deaton, Brady J., Jr.; Norris, Patricia E.. |
| Land ownership characteristics such as the quantity of land owned, quality of land parcels, and location of land describe important dimensions of landed wealth. Landed wealth is expected to be an important factor influencing support for rural land use control. This factor was not discussed in the April (1999) article by McLeod, Woirhaye, and Menkhaus (1999). We suggest that this factor contributes to understanding variation in support for rural land use control. |
| Tipo: Journal Article |
Palavras-chave: Land Economics/Use. |
| Ano: 2001 |
URL: http://purl.umn.edu/31432 |
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| Deaton, Brady J., Jr.; Jayasinghe-Mudalige, Udith K.; Ramirez, Donna Theresa J.; Trant, Michael; Weersink, Alfons. |
| This study examines the extent to which farming practices have adjusted to the presence of urbanization in Canada. In particular, we compare the adoption rates for environmental management systems (EMSs) by farmers close to urbanized areas versus those in more rural, isolated regions. Using information from a national survey of 16,053 farmers, eight EMSs are considered. We find that farmers operating close to the urban milieu demonstrate strategic behavior by selecting more environmentally-friendly farm management practices to overcome social and regulatory pressures from such communities compared to those farmers that operate in rural communities. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management. |
| Ano: 2005 |
URL: http://purl.umn.edu/19563 |
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| Registros recuperados: 13 | |
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