Are Country of Origin and Non-GM Premiums Invariant to Experimental Auction Structure?
Volinskiy, Dmitriy; Adamowicz, Wiktor L.; Veeman, Michele M.; Srivastava, Lorie
2007

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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.

Details

Title Are Country of Origin and Non-GM Premiums Invariant to Experimental Auction Structure?
Keywords
Author(s) Volinskiy, Dmitriy
Adamowicz, Wiktor L.
Veeman, Michele M.
Srivastava, Lorie
Subject(s)
Issue Date 2007
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.10378
Record Identifier https://ageconsearch.umn.edu/record/10378
PURL Identifier http://purl.umn.edu/10378
Language English
Total Pages 14
Series Statement Conference Paper
Record Appears in Australasian Agricultural and Resource Economics Society (AARES) > AARES Conferences > 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand

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