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	Provedor de dados AgEcon (4) Autor Balasubramanian, Siva K. (2) Moon, Wanki (2) Rimal, Arbindra (2) Akaichi, Faiçal (1) Bowker, James Michael (1) Gil, Jose Maria (1) MacDonald, H.F. (1) Nayga, Rodolfo M., Jr. (1) Mais... Palavra-chave Endowment effect (4) Contingent valuation (3) Consumer/Household Economics (2) Genetically modified food (2) Prospect theory (2) Agribusiness (1) C91 (1) D12 (1) D44 (1) Environmental Economics and Policy (1) Food Consumption/Nutrition/Food Safety (1) Multi-unit Vickrey auctions. (1) Number of units of the endowed product (1) Property rights (1) Research Methods/ Statistical Methods (1) Substitution effect (1) Teaching/Communication/Extension/Profession (1) WTA (1) WTA-WTP divergence (1) WTP (1) Mais... Tipo do documento Conference Paper or Presentation (2) Journal Article (2) Ano 2011 (1) 2007 (1) 2006 (1) 1994 (1) País United States (4) Idioma Inglês (4)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 4 Primeira ... 1 ... Última Initial Endowment Effects in Multi-Unit Vickrey Auctions AgEcon Akaichi, Faiçal; Nayga, Rodolfo M., Jr.; Gil, Jose Maria. We report the result of experiments designed to assess the effect of initial endowments on willingness to pay values elicited from multi-unit Vickrey auctions. Comparing bids from an “endow and upgrade” approach with the “full bidding” approach, we find that the direction of the endowment effect generally depends on the number of endowed units of the conventional product that subjects are willing to give up in exchange for units of the upgraded product. The endowment effect is “reverse” when the number of units that participants are willing to give up is lower or equal to the number of remaining endowed units. However, we generally find an endowment effect when the number of units a participant is willing to give up is higher than the number of remaining... Tipo: Conference Paper or Presentation Palavras-chave: Endowment effect; Number of units of the endowed product; Multi-unit Vickrey auctions.; Agribusiness; Research Methods/ Statistical Methods; Teaching/Communication/Extension/Profession; C91; D12; D44. Ano: 2011 URL: http://purl.umn.edu/103041 THE ENDOWMENT EFFECT AND WTA: A QUASI-EXPERIMENTAL TEST AgEcon MacDonald, H.F.; Bowker, James Michael. This paper reports a test of the endowment effect in an economic analysis of localized air pollution. Regression techniques are used to test the significance of perceived property rights on household WTP for improved air quality versus WTA compensation to forgo an improvement in air quality. Our experiment contributes to the research into the WTP/WTA divergence by providing a new basis for supporting the existence of an endowment effect. Our results are in contrast to recent work by Shogren et al. which supports the substitution proposition of Hanemann while rejecting the endowment effect. Tipo: Journal Article Palavras-chave: Contingent valuation; Endowment effect; Property rights; Substitution effect; Environmental Economics and Policy. Ano: 1994 URL: http://purl.umn.edu/15169 WTP and WTA for Non-GM and GM Food: UK Consumers AgEcon Moon, Wanki; Balasubramanian, Siva K.; Rimal, Arbindra. In a survey of UK consumers, we elicited their willingness-to-accept (WTA) a discount for GM foods and willingness-to-pay (WTP) a premium for non-GM foods in order to assess their valuation of the non-GM characteristic in food products. Mean WTA exceeds mean WTP, a finding that suggests the valuation of the non-GM characteristic reflects an endowment effect, imperfect substitutability between GM and non-GM foods, or both. Regression results show that perceived risks (benefits) associated with GM foods significantly increase (decrease) WTA and WTP estimates. Additional regression models using the difference between WTA and WTP as the dependent variable indicate that risk (benefit) perceptions increased (decreased) the discrepancy between WTA and WTP... Tipo: Conference Paper or Presentation Palavras-chave: Contingent valuation; WTA; WTP; Genetically modified food; Endowment effect; Prospect theory; Consumer/Household Economics. Ano: 2006 URL: http://purl.umn.edu/21057 Willingness to Pay (WTP) a Premium for Non-GM Foods versus Willingness to Accept (WTA) a Discount for GM Foods AgEcon Moon, Wanki; Balasubramanian, Siva K.; Rimal, Arbindra. In a survey of UK consumers, we elicited their willingness to accept (WTA) a discount for GM foods and willingness to pay (WTP) a premium for non-GM foods in order to assess their valuation on the non-GM characteristic in food products. Mean WTA is found to exceed mean WTP, suggesting the valuation of the non-GM characteristic reflects an endowment effect, imperfect substitutability between GM and non-GM foods, or both. Regression results show that perceived risks (benefits) associated with GM foods significantly increase (decrease) WTA and WTP estimates. Additional regression models using the difference between WTA and WTP as the dependent variable indicate that risk (benefit) perceptions increased (decreased) the discrepancy between WTA and WTP... Tipo: Journal Article Palavras-chave: Contingent valuation; Endowment effect; Genetically modified food; Prospect theory; WTA-WTP divergence; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety. Ano: 2007 URL: http://purl.umn.edu/8638 Registros recuperados: 4 Primeira ... 1 ... Última

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