This paper addresses the issue of rationality of responses in contingent valuation. We found a significant portion of respondents stated a positive willingness-to-pay for a project they perceived to be worthless. The irrational responses had a significant impact on the mean stated...

The study estimates the influence of consumer characteristics on the consumption of four nut-containing products, that is, the consumption of nuts as a snack, in salads, covered in chocolate, and in ice cream. Gender, age and education are among the characteristics that frequently influence nut...

Italian wines have been enjoyed by Canadian consumers for decades and the consumption is not limited to the ethnic Italian population. The study examines effects of wine characteristics and the brand associated with the designation of geographic origin estimating five hedonic price equations for...

This study has identified several important factors affecting consumer negative perceptions about beef irradiation. The effects of these factors boil down to two main points: lack of trust in the adequacy and enforcement effectiveness of food safety regulations and consumer ignorance about the...

This paper investigates the effects of irrational responses on stated willingness-to-pay (WTP) in a contingent valuation study. A significant portion of the respondents stated that they were willing to pay a higher price for irradiated beef which they would avoid consuming due to their concerns...

This study evaluates the rates of return to US wheat research investment, focusing on research spillovers. Results show that research spillovers exist among various classes of wheat. Due to the spillover effects, social rates of return to research investment are substantially higher than the...

Lack of consumer trust in governmental food safety regulators hinders the promotion of consumer confidence in the safety of their food supply. One possible way to boost consumer trust is to allow nongovernmental agencies to participate in monitoring and enforcing food safety regulations. This...

This paper investigates the impacts of research investment on wheat production. A two-way error component random effect model was estimated using panel data to examine the effects of research investment on mean yield and yield variance. Results show that, for the time period between 1974 and...