Risk Attitudes, Social Interactions and the Adoption of Genotyping in Dairy Production

Xi Yu, Getu Hailu and Jessica Cao

No 166107, 2014 AAEA/EAAE/CAES Joint Symposium: Social Networks, Social Media and the Economics of Food, May 29-30, 2014, Montreal, Canada from Agricultural and Applied Economics Association

Abstract: We estimate the effects of risk attitudes and social interactions on technology adoption using a survey of dairy producers in Ontario. We find strong evidence that social interactions and risk attitudes have significant effects on the willingness to pay for DNA genotyping service for susceptibility to chronic mastitis in dairy.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 30
Date: 2014-04
New Economics Papers: this item is included in nep-soc
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aajs14:166107

DOI: 10.22004/ag.econ.166107

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