FACTORS INFLUENCING BIDS FOR VACUUM PACKAGED RETAIL BEEF: AN EXPERIMENTAL ECONOMICS APPROACH

George W. Borden, Dale J. Menkhaus, Glen D. Whipple, Ray A. Field and Elizabeth Hoffman

No 271059, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Tobit analysis was used to identify factors influencing the value consumers place on beef steaks in a vacuum skin package relative to steaks in an overwrapped styrofoam tray. Experimental economics was used to obtain value information. Results suggest that information regarding the vacuum skin package enhances the value of beef.

Keywords: Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 15
Date: 1990-08-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea90:271059

DOI: 10.22004/ag.econ.271059

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