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Registros recuperados: 21 | |
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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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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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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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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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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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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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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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Registros recuperados: 21 | |
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