Willingness to Pay for Multiple Quantities of Animal Welfare Dairy Products: Results from RandomNth-, Second-Price, and Incremental Second-Price Auctions

التفاصيل البيبلوغرافية
العنوان: Willingness to Pay for Multiple Quantities of Animal Welfare Dairy Products: Results from RandomNth-, Second-Price, and Incremental Second-Price Auctions
المؤلفون: Rodolfo M. Nayga, Levan Elbakidze, Hao Li
المصدر: Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie. 61:417-438
بيانات النشر: Wiley, 2012.
سنة النشر: 2012
مصطلحات موضوعية: TheoryofComputation_MISCELLANEOUS, Economics and Econometrics, Global and Planetary Change, Ecology, TheoryofComputation_GENERAL, Contrast (statistics), Bidding, Unit (housing), Microeconomics, Willingness to pay, Animal welfare, Ice cream, Economics, Common value auction, Animal Science and Zoology, Operations management, Agronomy and Crop Science
الوصف: Nonhypothetical experimental auctions are used to elicit willingness to pay for humane animal care-certified dairy products: cheese and ice cream. We use second-price, random Nth-price, and incremental second-price auctions in multiproduct, multiquantity, and multiround contexts. The results contrast participants’ bids across different auction mechanisms and different products. Differences in bidding patterns are detected across auction mechanisms as well as products. Our results suggest that subjects on average are only willing to pay a premium price for one unit of humane animal case-certified ice cream but not for multiple quantities.
تدمد: 0008-3976
الوصول الحر: https://explore.openaire.eu/search/publication?articleId=doi_________::0f8ffcff29695d2b28922c8352fd8bebTest
https://doi.org/10.1111/j.1744-7976.2012.01263.xTest
حقوق: CLOSED
رقم الانضمام: edsair.doi...........0f8ffcff29695d2b28922c8352fd8beb
قاعدة البيانات: OpenAIRE