The value of genetic information to livestock buyers: a combined revealed, stated preference approach

被引：16
|
作者：
Vestal, Mallory K. [1 ]
Lusk, Jayson L. [2 ]
De Vuyst, Eric A. [2 ]
Kropp, J. Robert [3 ]
机构：
[1] West Texas A&M Univ, Dept Agr Business & Econ, Canyon, TX 79016 USA
[2] Oklahoma State Univ, Dept Agr Econ, Stillwater, OK 74078 USA
[3] Oklahoma State Univ, Dept Anim Sci, Stillwater, OK 74078 USA
来源：
AGRICULTURAL ECONOMICS | 2013年 / 44卷 / 03期
关键词：
Q13; Q16; Beef; Cattle; Bull; Genetics; Revealed preference; Stated preference; Willingness-to-pay; Hedonic model; ECONOMIC VALUE; QUALITY; CATTLE; MODELS;
D O I：
10.1111/agec.12016
中图分类号：
F3 [农业经济];
学科分类号：
0202 ; 020205 ; 1203 ;
摘要：
DNA profile information has begun appearing in purebred bull auction catalogs; however, the value of this information is as of yet unknown. This study uses data from actual bull sales at a test station and combines it with stated-preference survey data to determine the value of the DNA profile information. Consistent with previous research, we find that expected progeny differences (EPDs), test performance, and ultrasound information significantly influence bull-buyers' willingness-to-pay. The newer DNA profile information, however, was unrelated to buyers' preferences. Methodologically, we find statistically significant differences (but highly correlated willingness-to-pay values) across the stated and revealed preference data sources.
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页码：337 / 347
页数：11
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