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Registros recuperados: 6
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CONSUMERS' WILLINGNESS TO PAY FOR THE COLOR OF SALMON:A CHOICE EXPERIMENT WITH REAL ECONOMIC INCENTIVES AgEcon
Alfnes, Frode; Guttormsen, Atle G.; Steine, Gro; Kolstad, Kari.
We designed an experimental market with posted prices to investigate consumers’' willingness to pay for the color of salmon. Salmon fillets varying in color and price were displayed in 20 choice scenarios. In each scenario, the participants chose which of two salmon fillets they wanted to buy. To induce real economic incentives, each participant drew one unique binding scenario; the participants then had to buy the salmon fillet they had chosen in their binding scenario.
Tipo: Conference Paper or Presentation Palavras-chave: Consumer/Household Economics.
Ano: 2005 URL: http://purl.umn.edu/19126
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Managing Genetic Resources for Fun and Profit -- The Role of the Interest Rate in Natural Selection AgEcon
Guttormsen, Atle G.; Kristofersson, Dadi; Navdal, Eric.
It has become clear that exploitation of natural resources may result in evolutionary selection pressure resulting in morphological changes of a species over time. This potentially adverse effect should be taken into account when regulating the use of such resources. In this paper we present a bioeconomic model where we analyse the effect of selective harvesting on genetic frequency for one specific gene in terms of the socially optimal long-term management of the resource. It is assumed that the individuals carrying the gene have a lower natural mortality rate but are also more valuable to catch. Results indicate that the relationship between the natural rate of selection against less valuable individuals and the interest rate is crucial in determining...
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2005 URL: http://purl.umn.edu/19354
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The Value of Information in Salmon Farming: Harvesting the Right Fish to the Right Time AgEcon
Guttormsen, Atle G.; Forsberg, Odd Inge.
Research regarding management practice in fish farming has traditionally focused on two topics: production planning and forecasting of prices. This article combine these two areas of research, and illustrate how information of price patterns can change production plans, and hence increase the value of the farm enterprise. We present a model farm and illustrate with different levels of price information how information of future prices alter the original production plan and hence create extra value for the farmer. The phrasing of the paper and the empirical application are on salmon and salmon farming, but the ideas and general results should be applicable to all farmed species.
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/23960
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Modelling Production Risk in Small Scale Subsistence Agriculture AgEcon
Asche, Frank; Guttormsen, Atle G.; Roll, Kristin H..
In this paper we are investigating how production risk may influence the way a risk averse producer like a subsistence farmer chooses optimal input levels. Risk averse producers will take into account both the mean and the variance of output, and therefore we expect them to choose input levels which differ form the optimal input level of risk neutral producers. Production risk is of particular importance in developing countries, since variance in production here may have grave consequences for the farmer and his family. To model the production decision problem under such circumstances we have made use of the fact that production risk can be treated as heteroskedasticity. Our analysis is based on a dataset obtained from a survey on smallholders in the...
Tipo: Conference Paper or Presentation Palavras-chave: Farm Management.
Ano: 2006 URL: http://purl.umn.edu/25574
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AJAE APPENDIX: CONSUMERS’ WILLINGNESS TO PAY FOR THE COLOR OF SALMON: A CHOICE EXPERIMENT WITH REAL ECONOMIC INCENTIVES AgEcon
Alfnes, Frode; Guttormsen, Atle G.; Steine, Gro; Kolstad, Kari.
The material contained herein is supplementary to the article named in the title and published in the American Journal of Agricultural Economics, Volume 88, Number 4, November 2006.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics; Demand and Price Analysis.
Ano: 2006 URL: http://purl.umn.edu/7393
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Import Demand Estimation and the Generalized Composite Commodity Theorem AgEcon
Asche, Frank; Guttormsen, Atle G.; Kristofersson, Dadi; Roheim, Cathy A..
A frequently encountered problem in import demand estimation is how to account for competition between imports and domestic production. Traditionally, use of the Armington model has been a way to handle this problem. This is a disaggregate model which distinguishes commodities by country of origin with import demand determined in a separable two-step procedure. The model appears frequently in analysis of international agricultural markets. However, the Armington model relies on a set of weak separability assumptions, which several authors have shown to be highly questionable. In this paper, a new aggregation theorem, the Generalized Composite Commodity Theorem (GCCT), is applied to test whether imports can be treated as a separate group. An advantage with...
Tipo: Conference Paper or Presentation Palavras-chave: Armington; Separability; GCCT; Demand system; Sword fish; International Relations/Trade; F18; Q11; Q22.
Ano: 2005 URL: http://purl.umn.edu/19432
Registros recuperados: 6
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