Are Country of Origin and Non-GM Premiums Invariant to Experimental Auction Structure?

Dmitriy Volinskiy, Wiktor Adamowicz, Michele M. Veeman and Lorie Srivastava

No 10378, 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand from Australian Agricultural and Resource Economics Society

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.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 14
Date: 2007
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/10378/files/cp07ve01.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aare07:10378

DOI: 10.22004/ag.econ.10378

Access Statistics for this paper

More papers in 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().