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| Registros recuperados: 25 | |
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| Bernard, John C.; Mount, Timothy D.; Schulze, William D.. |
| Restructuring of electric power markets is proceeding across the United States and in many other nations around the world. The performance of these markets will influence everything from the prices faced by consumers to the reliability of the systems. The challenges of these changes present many important areas for research. For much of the northeastern United States, restructuring proposals include, at least for the short term, the formation of a single-sided auction mechanism for the wholesale market. This research uses experimental methods to analyze how these markets may function. In the experiments, the two basic uniform price auction rules are tested under three different market sizes. Early experimental results suggest the commonly proposed... |
| Tipo: Journal Article |
Palavras-chave: Resource /Energy Economics and Policy. |
| Ano: 1998 |
URL: http://purl.umn.edu/31529 |
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| Bernard, John C.; Zhang, Chao; Gifford, Katie. |
| This research compared bids that consumers placed on non genetically modified (GM), organic, and conventional versions of food products in order to determine if the organic market well serves those seeking to avoid GM foods. Auction experiments using potato chips, tortilla chips, and milk chocolate were conducted with 79 subjects. Bids were modeled as a function of consumer demographics using a heteroskedastic tobit regression model. Results with the non-GM attribute nested into the organic characteristic showed that the latter's marginal effects were insignificant. This suggested the potential to further develop non-GM products for consumers not willing to pay extra for the remaining organic attributes. |
| Tipo: Journal Article |
Palavras-chave: Auction experiments; GM foods; Organic foods; Willingness to pay; Demand and Price Analysis. |
| Ano: 2006 |
URL: http://purl.umn.edu/10226 |
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| Gifford, Katie; Bernard, John C.; Toensmeyer, Ulrich C.; Bacon, J. Richard. |
| The appearance and rapid adoption of genetically modified (GM) foods and the strong growth in organic foods are two of the major trends that have influenced the food system over the past several years. The purpose of this research was to determine consumer willingness to pay (WTP) for non-GM and organic foods relative to conventional foods and to see if WTP differences between the three categories vary between fresh and processed food products. Experimental auctions with 133 subjects from three states (Delaware, Maryland, and Pennsylvania) were conducted. Tobit models were run with the bids as functions of demographic and knowledge and attitude variables. Results suggest an untapped market exists for non-GM products at a substantial premium over... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Consumer/Household Economics. |
| Ano: 2005 |
URL: http://purl.umn.edu/19385 |
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| Bernard, John C.; He, Na. |
| Auction experiments are commonly used to determine consumers’ willingness to pay for various food items. While their non-hypothetical nature is a positive, market substitutes create a probable confounding of bids by field prices. This study examines the influence of field prices on bids for four foods in two versions by conducting auctions before and after large price increases in 2007. Results show that bids were capped at given field prices and were significantly higher in sessions conducted after store prices increased. Percentage premiums, however, were not significantly different across sessions, suggesting that effects of field prices could be reduced. Overall, researchers must be conscious of how field prices affect bids. |
| Tipo: Journal Article |
Palavras-chave: Auction experiments; Field prices; Organic; Bidding; Consumer/Household Economics; Institutional and Behavioral Economics; Marketing. |
| Ano: 2010 |
URL: http://purl.umn.edu/90823 |
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| Bernard, John C.; Pan, Xiqian; Sirolli, Ryan. |
| Today's consumers face foods whose production attributes they are often largely unfamiliar with and uncertain about. This study surveyed Delaware consumers about labeling, health risk concerns, and knowledge of five potential attributes for chicken: free-range, treated with antibiotics, irradiated, fed genetically modified (GM) feed, and GM chicken. Respondents were highly in favor of labeling all attributes, and perceived a high health risk from and had a low self-reported knowledge of many of the attributes. Gender, tobacco use, and label reading habits were significant factors in explaining the difference in responses. An analysis of survey comments further demonstrated the extent of consumer concerns. |
| Tipo: Journal Article |
Palavras-chave: Consumer/Household Economics; Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2005 |
URL: http://purl.umn.edu/27714 |
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| Bernard, John C.; Pesek, John D., Jr.; Pan, Xiqian. |
| Typical supermarket chickens are produced with novel or controversial attributes. This continues despite contrasting growth in consumer interest in organic and natural foods. This study surveyed Delaware consumers’ likelihood to purchase chicken given different attributes: free range, given antibiotics, irradiated, fed genetically modified (GM) fee, GM chicken, and price. Examining conjoint analysis data with a heteroskedastic two-limit tobit model, GM chicken and other novel attributes were found to lower purchase likelihood significantly. Understanding these results should help the industry meet consumer preferences while aiding its continued expansion to benefit workers and growers across the South. |
| Tipo: Journal Article |
Palavras-chave: Antibiotics; Chicken; Conjoint analysis; Genetically modified; Heteroskedastic; Irradiated; Tobit; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Q13; D12; C24. |
| Ano: 2007 |
URL: http://purl.umn.edu/6058 |
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| Gifford, Katie; Bernard, John C.. |
| A large segment of consumers appear to value niche products including organic, “non-GM,” “pesticide-free,” and “no antibiotics used” more in fresh products than in processed. About ten percent of the respondents were especially interested in non-GM products. These consumers feel that GM labeling is important, but felt that other types of food labels were relatively unimportant. The non-GM audience defied easy demographic profiling. Data were collected by both surveys and experimental auctions, with factor analysis and cluster analysis used to interpret the data. The survey and experimental auction data yielded different willingness-to-pay values but showed similar patterns of consumer preferences. |
| Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis; Food Consumption/Nutrition/Food Safety. |
| Ano: 2008 |
URL: http://purl.umn.edu/55973 |
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| Sudhakar, Prachi; Krishnan, Palaniappa; Bernard, John C.; Ritter, William F.. |
| The objective of this research was to predict the nitrogen-loading rate to Delaware lakes and streams using regression analysis and neural networks. Both models relate nitrogen-loading rate to cropland, soil type and presence of broiler production. Dummy variables were used to represent soil type and the presence of broiler production at a watershed. Data collected by Ritter & Harris (1984) was used in this research. To build the regression model Statistical Analysis System (SAS) was used. NeuroShell Easy Predictor, neural network software was used to develop the neural network model. Model adequacy was established by statistical techniques. A comparison of the regression and neural network models showed that both perform equally well. Cropland was... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2003 |
URL: http://purl.umn.edu/15824 |
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| Bernard, John C.; Pesek, John D., Jr.; Fan, Chunbo. |
| Genetically engineered (GE) soybeans first became available to farmers in 1996. Despite the common questions regarding any new crop technology, the new seeds were rapidly adopted. This study examines the characteristics of adopters, as well as yield and weed control cost changes, using survey results from Delaware farmers at the start of the 2000 season. Duration analysis reveals that earlier-adopting farmers had larger farms and tended to use computers for financial management, while regression analysis shows significantly lower weed control costs and, to a lesser extent, higher yields for GE soybeans. |
| Tipo: Journal Article |
Palavras-chave: Crop Production/Industries. |
| Ano: 2004 |
URL: http://purl.umn.edu/31258 |
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| Registros recuperados: 25 | |
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