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Registros recuperados: 11
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MEASURING CONSUMER BENEFITS OF FOOD SAFETY RISK REDUCTIONS AgEcon
Buzby, Jean C.; Fox, John A.; Ready, Richard C.; Crutchfield, Stephen R..
Microbial pathogens and pesticide residues in food pose a financial burden to society which can be reduced by incurring costs to reduce these food safety risks. We explore three valuation techniques that place a monetary value on food safety risk reductions, and we present a case study for each: a contingent valuation survey on pesticide residues, an experimental auction market for a chicken sandwich with reduced risk of Salmonella, and a cost-of-illness analysis for seven foodborne pathogens. Estimates from these techniques can be used in cost/benefit analyses for policies that reduce food safety risks.
Tipo: Journal Article Palavras-chave: Contingent valuation; Cost of illness; Experimental auction market; Food safety; Risk reduction; Salmonella; Food Consumption/Nutrition/Food Safety.
Ano: 1998 URL: http://purl.umn.edu/15107
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Spatial Econometric Approaches to Estimating Hedonic Property Value Models AgEcon
Wang, Li; Ready, Richard C..
The inclusion of spatial correlation of house price in hedonic pricing model may produce better marginal implicit price estimate(s) of the environmental variable(s) of interest. Most applications where a spatial econometric model is applied to the estimation of a hedonic property value model have used either a spatial lag model or a spatial autoregressive (SAR) error model. Incorrect spatial specification may produce even worse estimate outcome than OLS. Three issues regarding the specification of a spatial hedonic pricing model are considered. First, we question the "convention" of row-standardizing the spatial weights matrix. Second, we argue that the spatial error component (SEC) model is more theoretically intuitive and appealing for modeling house...
Tipo: Conference Paper or Presentation Palavras-chave: Row-standardization; Spatial econometrics; SEC model; SAR error model; Spatial lag model; Hedonic pricing; Landfill; House price; Public Economics.
Ano: 2005 URL: http://purl.umn.edu/19174
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The impacts of knowledge of the past on preferences for future landscape change AgEcon
Colombo, Sergio; Hanley, Nick; Ready, Richard C..
In this paper, we investigate whether people’s knowledge of the past influences their preferences and values towards future landscape change. “Knowledge of the past” is one aspect of the information set held by individuals, and a well-established finding in stated preference work is that changes in information can change preferences and values. The case studies used here relate to prospective changes in woodland cover in a UK national park the Lock Lomond and Trossachs. We find that people who are made aware that the landscape has changed over time are more likely to favour changes to the current landscape. Knowledge of the past therefore seems to have an impact on preferences for future landscapes.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental economics; Landscape valuation; National parks; Environmental Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/43604
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OPTIMAL MANAGEMENT OF A FOREST/WILDLIFE SYSTEM WITH BILATERAL EXTERNALITIES AgEcon
Ready, Richard C.; Bergland, Olvar; Romstad, Eirik.
Browsing by large ungulate wildlife species damages valuable trees, but increases the productivity of the wildlife stock. The optimal management of trees and wildlife involves a tradeoff between these two impacts, as well as correct timing of tree harvests from each forest stand. For a model of moose and pine in Norway, it is found that harvest of adjacent forest stands should be adjusted over time to bring the stands into synch. Doing so maximizes the moose productivity boost that occurs immediately following harvest of mature trees, and protects the young trees from overbrowsing by spreading out the browsing pressure among more young trees. This result is, however, sensitive to the specification of the relationship between forage availability and...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/20561
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DESIGNING WETLAND CONSERVATION STRATEGIES UNDER CLIMATE CHANGE AgEcon
Li, Jiayi; Marshall, Elizabeth P.; Shortle, James S.; Ready, Richard C.; Hershner, Carlton.
A methodology for evaluating public wetlands conservation investments that considers climate change is developed and applied to Virginia's Elizabeth River watershed. A revised cellular automaton (CA) model is applied to project future land use change. Discrete stochastic sequential programming (DSSP) is used to model a parcel-based discrete-time decision process.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/20111
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THE AMENITY AND DISAMENITY IMPACTS OF AGRICULTURE: ESTIMATES FROM A HEDONIC PRICING MODEL IN SOUTHEASTERN PENNSYLVANIA AgEcon
Ready, Richard C.; Abdalla, Charles W..
A hedonic pricing analysis in Berks County, Pennsylvania showed that houses located near open space had higher prices, but that the type of open space matters. At the same time, proximity to potential disamenities, including landfills, large animal production facilities, mushroom production operations, and the county's airport, was found to depress house prices.
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2003 URL: http://purl.umn.edu/22196
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MODELING ECONOMIC GROWTH WITH UNPREDICTABLE SHOCKS: A STATE-LEVEL APPLICATION FOR 1960-90 AgEcon
Goetz, Stephan J.; Ready, Richard C..
A Barro-type economic growth model is estimated for the 50 states in the U.S. using data for three decades beginning in 1960. Frontier estimation techniques are used to test for the presence of state-specific shocks to economic growth that are independent of the usual, normally-distributed random errors. We find that large, positive shocks to growth occur during the period 1960-90. Our results indicate that the error term structure assumed each other OLS may not be appropriate for modeling economic growth.
Tipo: Journal Article Palavras-chave: Economic growth; Frontier estimation; Shocks; U.S. states; Community/Rural/Urban Development.
Ano: 1995 URL: http://purl.umn.edu/15263
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Chapter 12: USING CONTINGENT VALUATION TO VALUE FOOD SAFETY: A CASE STUDY OF GRAPEFRUIT AND PESTICIDE RESIDUES AgEcon
Buzby, Jean C.; Skees, Jerry R.; Ready, Richard C..
This book was originally published by Westview Press, Boulder CO, 1995.
Tipo: Book Chapter Palavras-chave: Pesticide residues; Grapefruit; Contingent valuation; Willingness to pay; Food Consumption/Nutrition/Food Safety.
Ano: 1995 URL: http://purl.umn.edu/25972
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The Impact of Agricultural Conservation Easement on House Prices: A New Hedonic Price Model That Incorporates Spatial Autocorrelation and Spatial Heterogeneity AgEcon
Yoo, James; Ready, Richard C..
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2011 URL: http://purl.umn.edu/103421
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Benefit Transfer – The Quick, the Dirty, and the Ugly? AgEcon
Ready, Richard C.; Navrud, Stale.
Tipo: Journal Article Palavras-chave: Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/93504
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CONTINGENT VALUATION IN FOOD POLICY ANALYSIS: A CASE STUDY OF A PESTICIDE-RESIDUE RISK REDUCTION AgEcon
Buzby, Jean C.; Ready, Richard C.; Skees, Jerry R..
This study demonstrates how contingent valuation techniques can be used in a cost-benefit analysis of a food safety policy issue. The analysis focuses on banning a specific post harvest pesticide used in fresh grapefruit packinghouses. Benefits of the ban are measured using consumers' aggregated willingness to pay (WTP) for safer grapefruit. A national contingent valuation survey used the payment card method to obtain WTP data. Costs of the ban stem predominantly from increased post harvest losses and were estimated using a model of the market for Florida grapefruit. Results indicate that benefits of the ban outweigh costs.
Tipo: Journal Article Palavras-chave: Contingent valuation; Cost-benefit analysis; Food safety; Pesticides; Willingness to pay; Agricultural and Food Policy.
Ano: 1995 URL: http://purl.umn.edu/15278
Registros recuperados: 11
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