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Title: Processor Willingness to Adopt a Crawfish Peeling Machine: An Application of Technology Adoption under Uncertainty
Authors: Gillespie, Jeffrey M.
Lewis, Darius
Keywords: crawfish
ex ante technology adoption
peeling machine
JEL Codes: D81
Issue Date: 2008-04
Series/Report no.: JAAE
Abstract: Crawfish processors’ ex ante adoption rates of three hypothetical crawfish peeling machines are assessed using a polychotomous-choice elicitation format. Adoption rates would likely range from 23% to 70%, depending upon which machine was offered and whether it was purchased or leased. Processors most likely to adopt are determined using ordered probit analysis. Likely adopters would be larger, more diversified processors with greater resources and longer planning horizons.
Institution/Association: Journal of Agricultural and Applied Economics>Volume 40, Number 01, April 2008
Total Pages: 15
From Page: 369
To Page: 383
Collections:Volume 40, Number 01, April 2008

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