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2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/10378
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| Title: | Are Country of Origin and Non-GM Premiums Invariant to Experimental Auction Structure? |
| Authors: | Volinskiy, Dmitriy
Adamowicz, Wiktor
Veeman, Michele
Srivastava, Lorie |
| Keywords: | Willingness to pay
incentive compatible
Becker-DeGroot-Marschak auction procedure
non-GM food
country of origin
canola oil |
| Issue Date: | 2007 |
| Series/Report no.: | Conference Paper |
| Abstract: | A revealed preference auction experiment is used to elicit values for two
attributes, one relating to genetic modification and the other to country of
origin of the food product, canola oil. A premium for a non-GM canola oil
is found to approximate CA$0.4 to $0.6 per litre. Auction format effects
are found and hypotheses as to why these may occur are suggested. |
| URI: | http://purl.umn.edu/10378 |
| Institution/Association: | Australian Agricultural and Resource Economics Society - 2007>2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand |
| Total Pages: | 14 |
| Language: | English |
| Collections: | 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand
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