Processor Willingness to Adopt a Crawfish Peeling Machine: An Application of Technology Adoption under Uncertainty

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.


Issue Date:
2008-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/45532
Published in:
Journal of Agricultural and Applied Economics, Volume 40, Number 1
Page range:
369-383
Total Pages:
15
JEL Codes:
D81; Q16
Series Statement:
JAAE




 Record created 2017-04-01, last modified 2017-08-25

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