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Registros recuperados: 21
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THE WELFARE CONSEQUENCES OF CERTIFIED LABELING FOR CREDENCE ATTRIBUTES AgEcon
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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SPLIT-SAMPLE TESTS OF "DON'T KNOW" AND "INDIFFERENT" RESPONSES IN AN ATTRIBUTE BASED CHOICE MODEL AgEcon
Fenichel, Eli P.; Lupi, Frank; Hoehn, John P.; Kaplowitz, Michael D..
Tipo: Conference Paper or Presentation Palavras-chave: Stated preference; Contingent valuation; No opinion; Internet survey; Research Methods/ Statistical Methods.
Ano: 2006 URL: http://purl.umn.edu/21070
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VALUING INJURY TO NATURAL RESOURCES: THE EFFECT OF RESOURCE QUALITY INFORMATION ON PERCEPTIONS AND CONTINGENT VALUES AgEcon
Randall, Alan; Hoehn, John P..
Respondents are heterogeneous in their prior information about resource injury. The analysis derives an updating model of how heterogeneous respondents incorporate new information contained in resource injury descriptions. The analysis confirms that the sign of the information effect is determined by the difference between new and prior information. However, in the present analysis, respondents differ in prior information so that treatment information induces different perceptions and different values in different respondents. The empirical analysis confirms that identical treatments result in different injury perceptions. Across respondents, treatment induced changes in perceived injury vary not only in size, but also in sign. Both theory and...
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/11507
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INFORMATION AS A DOUBLE-EDGED SWORD: THE ECONOMIC AND WELFARE CONSEQUENCES OF CERTIFIED LABELING FOR CREDENCE ATTRIBUTES AgEcon
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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Net Buyers, Net Sellers, and Agricultural Landowner Support for Agricultural Zoning AgEcon
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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THE EFFECT OF HAZARDOUS WASTE SITES ON PROPERTY VALUES IN ZONES OF HIGH INDUSTRIAL ACTIVITY: A HEDONIC APPROACH AgEcon
Deaton, Brady J., Jr.; Hoehn, John P..
Hedonic pricing methods typically employ a distance-to-site variable to measure variation in exposure to environmental disamenities. Some environmental disamenities, like hazardous waste sites, may be spatially correlated with another prominent feature of the urban plain— zones of industrial activity. In these cases, failure to account for industrial activity is hypothesized to bias coefficient estimates of the distance-to-site measure. The data set includes a distance-to-site measure as well as a distance-to-industrial measure. These measures allow for empirical estimations of the hedonic price function that distinguish the property value effect associated with exposure to hazard from the property value effect associated with industrial activity....
Tipo: Conference Paper or Presentation Palavras-chave: Superfund; Spatial Correlates; Industrial Activity; Hedonic Price Function; Environmental Economics and Policy; Land Economics/Use.
Ano: 2002 URL: http://purl.umn.edu/19612
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Price Determinants in Top Quality E-Auctioned Specialty Coffees AgEcon
Donnet, M. Laura; Weatherspoon, Dave D.; Hoehn, John P..
The US specialty coffee industry has grown from $1 billion in 1990 to $11 billion in 2006 and is expected to continue to grow into the foreseeable future. This growth particularly depends on prices coordinating the specialty coffee supply chain through two-way information exchange between roasters and producers. We analyze the determinants of specialty coffee prices by estimating a hedonic price function for specialty Central and South American coffees traded at e-auctions. We hypothesize that since specialty coffee is a differentiated product, prices will be determined by both sensory and reputation attributes. The results show that prices are influenced by the quality rating, which is a sensory variable, and by the quality rankings established in the...
Tipo: Working or Discussion Paper Palavras-chave: Specialty coffee; Hedonic price analysis; Differentiated food pricing; Sensory attributes; Reputation attributes; Demand and Price Analysis.
Ano: 2007 URL: http://purl.umn.edu/9310
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WETLAND USES AND FUNCTIONS AS PERCEIVED BY MID-MICHIGAN RESIDENTS: QUALITATIVE RESEARCH RESULTS AgEcon
Hoehn, John P.; Kaplowitz, Michael D.; Lupi, Frank; Heyboer, Gwyn.
The following report outlines the results of focus group discussions that were conducted to help researchers learn what it is about wetlands, wetland services, and wetland characteristics that matter to people. The participants were asked questions in the areas of natural resources, their prior knowledge of wetlands, wetland types, public policies relating to wetlands, and wetland functions. The focus group discussions reported here were the first set of qualitative discussions in the research project. The purpose of the discussions was to create a basis of information concerning the respondents' perceptions and understanding of wetland uses and functions. These initial focus groups represent a first step in a larger project that will develop and test...
Tipo: Working or Discussion Paper Palavras-chave: Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/10940
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A SUSTAINABLE URBAN TRANSPORTATION SYSTEM: THE "SURFACE METRO" IN CURITIBA, BRAZIL AgEcon
Rabinovitch, Jonas; Hoehn, John P..
This analysis examines an innovative approach to transportation policy in Curitiba, Brazil. Curitiba is a city of 1.6 million residents that has grown fourfold in the last 30 years. Unlike many cities, quality of life and transportation has not been a casualty of growth. Curitiba's transportation system actively helps residents obtain the benefits of growth, including access to jobs, homes, recreation, and other elements of the urban community. Curitiba's transportation planning process is practical. It recognizes financial and social constraints. Curitiba began with buses because it had buses. It began with a series of small improvements guided by a long-term plan. It first added a modest express route system with dedicated bus lanes. It sought...
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1995 URL: http://purl.umn.edu/11886
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WHEN PRICES MISS THE MARK: METHODS FOR VALUING ENVIRONMENTAL CHANGE AgEcon
Hoehn, John P.; Walker, David R..
Tipo: Working or Discussion Paper Palavras-chave: Environmental Economics and Policy.
Ano: 1993 URL: http://purl.umn.edu/11904
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Stated Choice Experiments with Complex Ecosystem Changes: The Effect of Information Formats on Estimated Variances and Choice Parameters AgEcon
Hoehn, John P.; Lupi, Frank; Kaplowitz, Michael D..
Stated choice experiments about ecosystem changes involve complex information. This study examines whether the format in which ecosystem information is presented to respondents affects stated choice outcomes. Our analysis develops a utility-maximizing model to describe respondent behavior. The model shows how alternative questionnaire formats alter respondents’ use of filtering heuristics and result in differences in preference estimates. Empirical results from a large-scale stated choice experiment confirm that different format presentations of the same information lead to different preference parameter estimates and error variances. A tabular format results in choice parameter estimates with statistically smaller variances than parameters estimated from...
Tipo: Journal Article Palavras-chave: Choice experiments; Heuristics; Stated preference; Valuation; Web surveys; Wetland mitigation; Crop Production/Industries; Demand and Price Analysis.
Ano: 2010 URL: http://purl.umn.edu/99121
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Setting the Standard for Farmland Preservation: Do Preservation Criteria Motivate Citizen Support for Farmland Preservation? AgEcon
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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INFORMATION AS A DOUBLE-EDGE SWORD: IMPLICATIONS FOR FOOD STANDARDS AND LABELS AgEcon
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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DEALING WITH HEALTH CONCERNS IN NATURAL RESOURCE DAMAGE ASSESSMENT AgEcon
Hite, Diane; Hoehn, John P.; Randall, Alan.
We employ a combination of survey design and econometric techniques to explore ways to deal with health concerns in restoration projects where environmental injuries are severe. We use data from a referendum contingent valuation survey for a natural resource restoration project to demonstrate the extent to which health concerns can be controlled.
Tipo: Conference Paper or Presentation Palavras-chave: Contingent valuation; Environmental economics; Research methods; Econometrics; Statistics; Environmental Economics and Policy; Health Economics and Policy; Research Methods/ Statistical Methods.
Ano: 1999 URL: http://purl.umn.edu/21652
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APPROACHES TO MEASURING CONSUMER BENEFITS FROM FOOD SAFETY AgEcon
van Ravenswaay, Eileen O.; Hoehn, John P..
Tipo: Conference Paper or Presentation Palavras-chave: Food safety; Consumer benefits; Cost/benefit analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty.
Ano: 1997 URL: http://purl.umn.edu/25941
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What Adds Value in Specialty Coffee? Managerial Implications from Hedonic Price Analysis of Central and South American E-Auctions AgEcon
Donnet, M. Laura; Weatherspoon, Dave D.; Hoehn, John P..
We analyze price and quality information at the procurement level in the specialty coffee supply chain using data from small and large volume e-auctions. Hedonic price equations reveal that the Cup of Excellence auction is a more differentiated market disclosing more information about coffee values associated with ratings, rankings, quantities available, and country reputations whereas information in the Q auction is more limited and tends to be remunerated to a lesser extent. These results indicate that there are different business models and valuation of product characteristics within the specialty coffee industry. Management implications are drawn for specialty coffee producers and roasters.
Tipo: Journal Article Palavras-chave: Specialty coffee; E-auctions; Hedonic analysis; Business models; Demand and Price Analysis.
Ano: 2007 URL: http://purl.umn.edu/8162
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UNTYING A LANCASTRIAN BUNDLE: ECOSYSTEM VALUATION IN WETLAND MITIGATION AgEcon
Hoehn, John P.; Lupi, Frank; Kaplowitz, Michael D..
A utility-theoretic model indicates that mitigation prices for wetland ecosystems depend on preferences and technical knowledge. Empirical analysis found gaps in respondents' knowledge about such ecosystmes. Valuing wetland types requires dealing with respondents' possible misinformation, by developing tools for informing respondents or by combining service-based valuations with valid technical data.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/20467
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A SPLIT-SAMPLE TEST OF EXPERIMENTAL DESIGNS FOR STATED CHOICE MODELS OF ENVIRONMENTAL VALUATION AgEcon
Lupi, Frank; Kaplowitz, Michael D.; Hoehn, John P..
A stated choice model is used to estimate wetland mitigation preferences. In a split sample mail survey, a main effects design is compared to a randomized design. Although randomized designs estimate main effects less efficiently, several policy relevant interactions were found to be significant, suggesting some merits of randomized designs.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/22073
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Intraindustry Trade and the Environment: Is There a Selection Effect? AgEcon
Aralas, Sarma B.; Hoehn, John P..
Replaced with revised version of paper 08/06/10.
Tipo: Conference Paper or Presentation Palavras-chave: Environment; Trade; Monopolistic Competition; Selection effect; Environmental quality; Panel data; OECD; Pollution; Environmental Economics and Policy; International Development; International Relations/Trade; Q56; Q51; Q53; Q58; F12; F18.
Ano: 2010 URL: http://purl.umn.edu/61367
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VALUING BIODIVERSITY: ISSUES AND ILLUSTRATIVE EXAMPLE AgEcon
Steffens, Karin; Hoehn, John P..
Tipo: Working or Discussion Paper Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/11738
Registros recuperados: 21
Primeira ... 12 ... Última
 

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