Download or read book New Technology and Conflicting Information Assessing Consumers Willingness To Pay for New Foods written by Wallace E. Huffman and published by World Scientific Publishing Company. This book was released on 2020-11-05 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of the book is to make the authors' scholarly research in the area of consumers' willingness-to-pay for new foods that have controversial attributes easily assessable to other researchers, students, and food policy makers. It addresses issues that arise in a market with conflicting information from interested parties, scientific sources, and the media. It begins with a discussion of research methods and information issues. These results include how consumers respond to food products that are produced with new technology that lowers farmers' costs of production, enhance nutrition and food safety for consumers, or adds variety to consumers' food choices. These results arise from data collected in a series of laboratory experiments on adult subjects at various sites in the US and consumer surveys worldwide. The data include socio-demographic attributes of subjects, and their revealed willingness-to-pay in auctions of experimental foods and food products under randomly assigned food labels and information treatments and contingent-valuation survey data.
Download or read book Agricultural Economics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2023-11-09 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Agricultural Economics Agricultural economics is a subfield of applied economics that focuses on applying economic theory to optimize the production and distribution of food and fiber products. It is considered to be an applied discipline of economics. Agricultural economics started out as a subfield of economics that focused exclusively on issues related to land consumption. The goal was to increase the agricultural output while minimizing the negative impact on the ecosystem of the soil. The field of study grew over the 20th century, and its current scope encompasses a far wider range of topics than it did in the past. The modern study of agricultural economics encompasses a wide range of application areas, many of which overlap significantly with those of traditional economics. Research in the fields of economics, econometrics, development economics, and environmental economics have all benefited significantly from the contributions made by agricultural economists. The economics of agriculture has an impact not only on food policy but also on agricultural policy and environmental policy. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Agricultural economics Chapter 2: Applied economics Chapter 3: Gordon Rausser Chapter 4: Marc Nerlove Chapter 5: Association of Environmental and Resource Economists Chapter 6: Siegfried von Ciriacy-Wantrup Chapter 7: Colin Carter Chapter 8: Daniel Bromley Chapter 9: Rural economics Chapter 10: David Zilberman (economist) Chapter 11: Jayson Lusk Chapter 12: George S. Tolley Chapter 13: Yoav Kislev Chapter 14: Gerald Shively Chapter 15: Scott H. Irwin Chapter 16: Elisabeth Sadoulet Chapter 17: William A. Masters Chapter 18: Awudu Abdulai Chapter 19: Jill McCluskey Chapter 20: Matin Qaim Chapter 21: Uma Lele (II) Answering the public top questions about agricultural economics. (III) Real world examples for the usage of agricultural economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of agricultural economics Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of agricultural economics.
Download or read book Using Novel Experimental Procedures to Elicit Consumer Food Preferences and Demand Under Different Choice Environments written by Valerie Kilders and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The food system is in a constant state of change driven by the social and bio-physical environment. Acknowledging the role that innovations and preference adaptations on the consumer side play in this process, in this dissertation I use cutting-edge experimental procedures to assess consumer demand in three areas: food-away-from-home (FAFH), sustainable food products, and new food technologies. In the first chapter I determine the impact dining settings have on consumer demand for FAFH, while also evaluating how a tax levied on red meat dishes would impact low- and high-income consumers. Capturing both substitution and complementarity patterns, I employ a food menu basket-based choice experiment approach, which permits respondents to freely pick and combine a range of food items at different price levels. I find that respondent's orders in the delivery setting are typically higher in calories and most items act as complements for one another, while menu items are substitutes in the dine-in setting. The red meat tax that I simulate is regressive towards low-income individuals in the delivery setting but not in the dine-in setting. Thematically corresponding with the red meat tax, in the second chapter I study the market potential of "low carbon" ribeye steaks. In conjunction with this empirical component, I also propose the use of a reference price informed design that mirrors respondent's price expectations for actual food shopping situations. I find the market potential of meat with a lower carbon footprint is relatively small, with conventional meat taking up most of the market share. Our results also show that a reference price informed design best describes choices and leads to more conservative market share estimates than traditional designs. One way to achieve a lower carbon footprint could be the use of gene-editing. In my third chapter, I therefore assess consumer preferences and willingness to pay (WTP) for milk from cows gene-edited to produce less methane. In doing so, I also analyze whether and how preferences for new food technologies are affected by information on the climate impact of dairy production. I supplement this analysis with an exploration of what medium of information (video vs. text) has the strongest impact on consumer acceptance and how responses change depending on whether respondents get to opt-in to seeing information or are forced to see the respective information. I find that gene-edited milk is discounted relative to other available alternatives. Results also show that choice outcomes differ between respondents seeking additional information and those remaining willfully ignorant. Giving respondents autonomy over their knowledge gathering is a significant factor in determining choice behavior. In sum, findings from these three chapters can be used to inform producers, policymakers, and the food industry, as well as improve the way food experiments are designed within the realm of food choices and beyond.
Download or read book Transgenic Horticultural Crops written by Beiquan Mou and published by CRC Press. This book was released on 2011-06-15 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world debates the risks and benefits of plant biotechnology, the proportion of the global area of transgenic field crops has increased every year, and the safety and value continues to be demonstrated. Yet, despite the success of transgenic field crops, the commercialization of transgenic horticultural crops (vegetables, fruits, nuts, and or
Download or read book Three Essays on the Effect of Information on Product Valuation written by Robert George Brummett and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Benefits and consequences of controversial products are debated in the public arena for the protection of consumers and to evaluate the market decisions made by industry and government. The food industry continues to develop new foods as well as processes to bring food to the market. Some of these processes bring to issue the safety of the products or the impact on the market, workers, or environment. Such controversial products or processes include BSE (mad cow disease), genetically modified organisms (GMO), antibiotics, pesticides, carbon monoxide modified atmosphere packaging, and food irradiation. This thesis sets out with the objective of understanding, developing, and utilizing methodologies similar to those used in other contingent valuation studies to evaluate how consumers are influenced by varying information using food irradiation as a focus subject. Food irradiation is a technological food process that continues to be debated and much information favoring and opposing it is readily available to the public, making it a suitable subject about which to study information effects and consumer acceptance. To accomplish this objective, consumers were surveyed in grocery stores in the state of Texas during the spring of 2006. As irradiated foods are not currently widely available, a hypothetical product, irradiated mangoes, was used to elicit information from survey participants. The survey was comprised of two parts. First general information regarding consumer knowledge and trust of food irradiation as well as willingness to pay (WTP) was collected. Second, varying information regarding food irradiation (positive, negative, or mixed) was presented and questioning was reaccomplished. Evaluation of the survey data was made in three papers, each comprising its own chapter in this thesis. The first paper evaluates consumers0́9 initial trust and knowledge of food irradiation and how these factors interact with information in changing WTP. The second paper assesses responses for a 0́cheap talk0́+ effect. Cheap talk is informing consumers of the existence of hypothetical bias in studies of this type with the goal being to reduce this bias to real life response equivalence. The third paper evaluates not only WTP, but also how consumer trust is affected by varying forms of information.
Download or read book Resetting the Table written by Robert Paarlberg and published by Vintage. This book was released on 2022-03-08 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: A bold, science-based corrective to the groundswell of misinformation about food and how it's produced, examining in detail local and organic food, food companies, nutrition labeling, ethical treatment of animals, environmental impact, and every other aspect from farm to table. Consumers want to know more about their food—including the farm from which it came, the chemicals used to grow it, its nutritional value, how the animals were treated, and the costs to the environment. They are being told that buying organic foods, unprocessed and sourced from small local farms, is the most healthful and sustainable option. But what if we’re wrong? In Resetting the Table, Robert Paarlberg reviews the evidence and finds abundant reason to disagree. He delineates the ways in which global food markets have in fact improved our diet, and how "industrial" farming has recently turned green, thanks to GPS-guided precision methods that cut energy use and chemical pollution. He makes clear that America's serious obesity crisis does not come from farms, or from food deserts, but instead from "food swamps" created by food companies, retailers, and restaurant chains. And he explains how, though animal welfare is lagging behind, progress can be made through continued advocacy, more progressive regulations, and perhaps plant-based imitation meat. He finds solutions that can make sense for farmers and consumers alike and provides a road map through the rapidly changing worlds of food and farming, laying out a practical path to bring the two together.
Download or read book Science Breakthroughs to Advance Food and Agricultural Research by 2030 written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-04-21 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: For nearly a century, scientific advances have fueled progress in U.S. agriculture to enable American producers to deliver safe and abundant food domestically and provide a trade surplus in bulk and high-value agricultural commodities and foods. Today, the U.S. food and agricultural enterprise faces formidable challenges that will test its long-term sustainability, competitiveness, and resilience. On its current path, future productivity in the U.S. agricultural system is likely to come with trade-offs. The success of agriculture is tied to natural systems, and these systems are showing signs of stress, even more so with the change in climate. More than a third of the food produced is unconsumed, an unacceptable loss of food and nutrients at a time of heightened global food demand. Increased food animal production to meet greater demand will generate more greenhouse gas emissions and excess animal waste. The U.S. food supply is generally secure, but is not immune to the costly and deadly shocks of continuing outbreaks of food-borne illness or to the constant threat of pests and pathogens to crops, livestock, and poultry. U.S. farmers and producers are at the front lines and will need more tools to manage the pressures they face. Science Breakthroughs to Advance Food and Agricultural Research by 2030 identifies innovative, emerging scientific advances for making the U.S. food and agricultural system more efficient, resilient, and sustainable. This report explores the availability of relatively new scientific developments across all disciplines that could accelerate progress toward these goals. It identifies the most promising scientific breakthroughs that could have the greatest positive impact on food and agriculture, and that are possible to achieve in the next decade (by 2030).
Download or read book Local Food Systems Concepts Impacts and Issues written by Steve Martinez and published by DIANE Publishing. This book was released on 2010-11 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive overview of local food systems explores alternative definitions of local food, estimates market size and reach, describes the characteristics of local consumers and producers, and examines early indications of the economic and health impacts of local food systems. Defining ¿local¿ based on marketing arrangements, such as farmers selling directly to consumers at regional farmers¿ markets or to schools, is well recognized. Statistics suggest that local food markets account for a small, but growing, share of U.S. agricultural production. For smaller farms, direct marketing to consumers accounts for a higher percentage of their sales than for larger farms. Charts and tables.
Download or read book Emerging Food Marketing Technologies written by United States. Congress. Office of Technology Assessment and published by . This book was released on 1978 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Starved for Science written by Robert L. Paarlberg and published by Harvard University Press. This book was released on 2009-08-05 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Biotechnology.
Download or read book Genetically Modified Food and Global Welfare written by Colin Carter and published by Emerald Group Publishing. This book was released on 2011-07-25 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together fresh insights from top agricultural economists in the areas of consumer attitudes, environmental impacts, policy and regulation, trade, investment, food security, and development, in an attempt to provide a new perspective on the most pressing policy questions facing GM technology.
Download or read book Bibliography of Agriculture written by and published by . This book was released on 1993 with total page 1732 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Analytics of Uncertainty and Information written by Sushil Bikhchandani and published by Cambridge University Press. This book was released on 2013-08-12 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been explosive progress in the economic theory of uncertainty and information in the past few decades. This subject is now taught not only in departments of economics but also in professional schools and programs oriented toward business, government and administration, and public policy. This book attempts to unify the subject matter in a simple, accessible manner. Part I of the book focuses on the economics of uncertainty; Part II examines the economics of information. This revised and updated second edition places a greater focus on game theory. New topics include posted-price markets, mechanism design, common-value auctions, and the one-shot deviation principle for repeated games.
Download or read book Digital and Social Media Marketing written by Nripendra P. Rana and published by Springer Nature. This book was released on 2019-11-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines issues and implications of digital and social media marketing for emerging markets. These markets necessitate substantial adaptations of developed theories and approaches employed in the Western world. The book investigates problems specific to emerging markets, while identifying new theoretical constructs and practical applications of digital marketing. It addresses topics such as electronic word of mouth (eWOM), demographic differences in digital marketing, mobile marketing, search engine advertising, among others. A radical increase in both temporal and geographical reach is empowering consumers to exert influence on brands, products, and services. Information and Communication Technologies (ICTs) and digital media are having a significant impact on the way people communicate and fulfil their socio-economic, emotional and material needs. These technologies are also being harnessed by businesses for various purposes including distribution and selling of goods, retailing of consumer services, customer relationship management, and influencing consumer behaviour by employing digital marketing practices. This book considers this, as it examines the practice and research related to digital and social media marketing.
Download or read book Emerging food marketing technologies a preliminary analysis written by and published by DIANE Publishing. This book was released on with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book Future Food Systems written by Rickey Y. Yada and published by Elsevier. This book was released on 2024-06-13 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future Food Systems: Exploring Global Production, Processing, Distribution and Consumption provides an overview of food systems, from farming through to logistics, processing, retail, service and consumption, with the intention of enabling more efficient development of policy and implementation of food related practices. The book presents the considerations which must be understood to develop effective and efficient policies and practices for any level of food system and along the continuum of those systems, with attention being given to the academic, public and private sector challenges, and opportunities for progress, efficiency, effectiveness, and sustainability. Presented in parts to highlight key aspects of the subject area, the book explores production practices including increasingly important programs in integrated farming systems, vertical agriculture and urban farming, processes, value adding for commodities, agricultural technology, supply chain innovations and consumer considerations. The book provides foundational insights into the underpinnings of today’s food systems, its challenges and its opportunities for the future. Written by industry and academic experts for balanced perspective Presents foundational information with practical application insights Includes chapters on regulatory and policy issues