Producers' preferences for cottonseed with respect to price, seed type, yield, and fiber quality are examined by a willingness-to-pay approach via mail surveys. Results indicate a positive willingness to pay (WTP) for technology relative to conventional cottonseed, and WTP increases with the level of technology. Yield and quality also show a positive WTP. Larger farms have a higher WTP for tech...

for social and cultural condition of country using weakest and returned water in different uses especially in agricultural consumption is not public and also is faced social opposition. in this study, it is tried to investigate several products in different levels of consumption according to consumer’s views who reside in tehran by mean of willingness to use concept. data are collected in 2012 ...

This study investigates for the first time how use of different information messages (i.e., health, sensory, and convenience benefits) about hybrid meat shapes British, Spanish, Danish consumers' willingness to pay (WTP) such products. Hybrid meats are products whereby a proportion has been replaced by plant-based proteins. Using choice experiment (CE) involving burgers that vary across four at...

This paper investigates optimal pricing policies for a service facility modeled as a queueing system. Arriving customers are accepted if they are willing to pay the price charged by the service provider and if there is room in the waiting area. Capacity of the waiting area can be either finite or infinite. We determine expressions for the optimal prices that maximize the service provider’s long...

We conducted the first randomized controlled field experiment of an Internet reputation mechanism. A high-reputation, established eBay dealer sold matched pairs of lots -batches of vintage postcards -under his regular identity and under new seller identities (also operated by him). As predicted, the established identity fared better. The difference in buyers’ willingness-to-pay was 8.1% of the ...

This study explores the effects of Interferon-β characteristics such as country of origin, injection frequency and method, monthly cost, efficacy, and side effects on multiple-sclerosis patients’ willingness to pay. For this purpose, MS patients with a history of using Interferon-β were studied from the three major Isfahan MS centers. Choice sets were designed with a combination of attributes a...

We derive the optimal crowdfunding contract of a financially constrained monopolist and analyze its implications for production, investment and welfare. Crowdfunding contracts may serve as a price-discrimination mechanism, forcing pivotal consumers to pay a premium above the future spot price, thus increasing profits. When raising funds is costly, entrepreneurs balance the benefits from price d...

abstract water pricing is a policy instrument for improving water efficiency, reducing water demand, management of the irrigation systems and recovering costs. the underlying principle of water pricing is that it should reflect the opportunity cost of water. in this study, parametric mathematical programming approache were used to estimate the willingness of farmers to pay for groundwater under...

We use 4 years of data from the retiree health benefits program of the University of Michigan to estimate the effect of price on the health plan choices of Medicare beneficiaries. During the period of our analysis, changes in the University's premium contribution rules led to substantial price changes. A key feature of this 'natural experiment' is that individuals who had retired before a certa...