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What to Choose? The Value of Label Claims to Fresh Produce Consumers
Journal of Agricultural and Resource Economics, 2008 We examine consumer response to label information using a hypothetical choice experiment on red leaf lettuce attribute bundles. Using survey responses, several mixed logit models with random parameters and varying correlation assumptions are estimated ...
Craig A. Bond +2 more
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Journal of Statistical Software, 2017 This paper introduces the package gmnl in R for estimation of multinomial logit models with unobserved heterogeneity across individuals for cross-sectional and panel (longitudinal) data.
Mauricio Sarrias, Ricardo Daziano
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Risk Preferences Under Heterogeneous Environmental Risk [PDF]
SSRN Electronic Journal, 2012 We study risk preferences and their determinants for commercial cattle farmers in Namibia who are subject to high and heterogeneous precipitation risk, using data from questionnaire and field experiments, simulated data for on-farm precipitation risk and data on famers’ previous place of residence. We find that the relationship between risk preferences
Olbrich, Roland +3 more
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Heterogenous Preferences and Equilibrium Trading Volume [PDF]
SSRN Electronic Journal, 2006 The classic Lucas asset pricing model with complete markets stresses aggregate risk and, hence, fails to investigate the impact of agents heterogeneity on the dynamics of the equilibrium quantities and measures of trading volume. In this paper, we investigate under what conditions non-informational heterogeneity, i.e., differences in preferences and ...
Berrada, Tony Nicolas +2 more
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Economía Agraria y Recursos Naturales, 2014 The impact of the approach used to describe preference heterogeneity on welfare measures has been widely studied by the academic community. However, the question as to the degree of error in welfare estimation from an inappropriate choice of empirical ...
Catalina M. Torres +2 more
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The link between cognitive abilities and risk preference depends on measurement
Scientific Reports, 2023 Risk preference is an important construct for understanding individual differences in risk taking throughout the behavioral sciences. An active stream of research has focused on better understanding risk preference through its connection to other ...
Sebastian Olschewski +2 more
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Frontiers in Sustainable Food Systems, 2023 IntroductionThis study analyzes the influence of risk preference on the forage planting behavior of farmers in the agro-pastoral zone from three aspects-whether or not to plant forage, the scale of forage planting, and the duration of forage planting—and
Wene Zhang +4 more
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Understanding heterogeneous preferences of cooperative members [PDF]
Agribusiness, 2009 AbstractWe study the heterogeneity in the preference structure of cooperative members. Using conjoint analysis the utility that members attach to intra‐organizational and strategic attributes of their cooperative is elicited. Recognizing that members are not homogenous, a concomitant finite‐mixture regression model is employed to allow preferences to ...
Kalogeras, N. +4 more
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Valuing attributes of enhanced traffic information: an experience in Kolkata [PDF]
Transport, 2007 Most of the traffic information considers a single item like travel time or delay. In the present work, enhanced traffic information displaying instantaneous travel time and its variation from the previous interval to the present, is considered.
D. Basu, B. Maitra
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Heterogeneity and Environmental Preferences Shape the Evolution of Cooperation in Supply Networks
Complexity, 2021 Supply networks as complex systems are significant challenges for decision-makers in predicting the evolution of cooperation among firms. The impact of environmental heterogeneity on firms is critical.
Dong Mu, Xiongping Yue
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