COW-CALF PRODUCER RISK PREFERENCE IMPACTS ON WILLINGNESS TO PAY FOR SUSTAINABLE BREEDING PRACTICES
Albert Boaitey,
Ellen Goddard,
Sandeep Mohapatra and
Getu Hailu
No 170231, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association
Abstract:
The role producer risk preferences on WTP is for sustainable breeding practices addressed in this paper using stated preference methods. Estimates of WTP amongst beef producers are compared with those the diary sector. Whilst preliminary indicate a relatively lower impact, these effects seem nuanced in dairy relative to beef. This suggests that influence of risk in the producer valuation of new technologies may be commingled with market structure effects.
Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 15
Date: 2014-05-28
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:170231
DOI: 10.22004/ag.econ.170231
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