Experimental Evidence of Risk Aversion in Consumer Markets: The Case of Beef Tenderness



References

Acebron, L.B., and D.C. Dopico. “The Importance of Intrinsic and Extrinsic Cues to Expected and
Experienced Quality: An Empirical Application for Beef.”
Food Quality and Preference
11(2000): 229-38.

Alfnes, F. “Stated Preferences for Country of Origin of Beef: Application of a Mixed Logit Model.”
European Review of Agricultural Economics 31(2004): 19-37.

Alfnes, F., and K. Rickertsen. “European Consumers’ Willingness to Pay for U.S. Beef in
Experimental Auction Markets.”
American Journal of Agricultural Economics 85 (2003):
396-405.

Boleman S.J., S.L. Boleman, R.K. Miller, J.F. Taylor, H.R. Cross, T.L Wheeler, M. Koohmaraie, S.D.
Shackelford, M.F. Miller, R.L. West, D.D. Johnson, and J.W. Savell. “Consumer Evaluation
of Beef of Known Categories of Tenderness.”
Journal of Animal Science 75 (1997): 1521-24.

Coursey, D.L., J.L. Hovis, and W.D. Schulze. “The Disparity between Willingness to Accept and the
Willingness to Pay Measures of Value.”
The Quarterly Journal of Economics 102(1988):
679-90.

Di Mauro, C., and A. Maffioletti. “Attitudes to Risk and Attitudes to Uncertainty: Experimental
Evidence.”
Applied Economics 36(2004): 357-72.

Dransfield E., F. Zamora, and M.C. Bayle. “Consumer Selection of Steaks as Influenced by
Information and Price Index.”
Food Quality and Preference 9 (1998): 321-26.

Fox, J.A., D.J. Hayes, and J.F. Shogren. “Consumer Preferences for Food Irradiation: How Favorable
and Unfavorable Descriptions Affect Preferences for Irradiated Pork in Experimental
Auctions.”
Journal of Risk and Uncertainty 24(2002): 75-95.

Fox, J.A., J.F. Shogren, D.J. Hayes, and J.B. Kliebenstein. “CVM-X: Calibrating Contingent Values
with Experimental Auction Markets.”
American Journal of Agricultural Economics 80(1998):
455-65.

Harrison, G.W. “An Experimental Test for Risk Aversion.” Economics Letters 21(1986): 7-11.

Hayes, D.J., J.F. Shogren, S.U. Shin, and J.B. Kliebenstein. “Valuing Food Safety in Experimental
Auction Markets.”
American Journal of Agricultural Economics 77(1995): 40-53.

Hershey, J.C., H.C. Kunreuther, and P. Schoemaker. “Sources of Bias in Assessment Procedures for
Utility Functions.”
Management Science 28(1982): 936-54.

Holt, C.A., and S.K. Laury. “Risk Aversion and Incentive Effects.” American Economic Review
92(2002): 1644-55.

Hudson, M.D., K.H. Coble, and J.L Lusk. “Consistency of Risk Aversion Measures: Results from
Hypothetical and Non-Hypothetical Experiments. ” Forthcoming in
Agricultural Economics.

Huffman K.L., M.F. Miller, L.C. Hoover, C.K. Wu, H.C. Brittin, and C.B. Ramsey. “Effect of Beef
Tenderness on Consumer Satisfaction with Steaks Consumed in the Home and Restaurant.”
Journal of Animal Sciences (1996): 91-7.

James, S., and M. Burton. “Consumer Preferences for GM Food and other Attributes of the Food
System.”
Australian Journal of Agricultural and Resource Economics 47(2003): 501-18.

Johansson-Stenman, O., and H. Svedsater. “Cheap Talk does not always come Cheap: Hypothetical
Bias in Choice Experiments.” Unpublished paper. Department of Economics, Goteborg
University. 2004:1-29.

Kachelmeier S.J., and M. Shehata. “Examining Risk Preferences under High Monetary Incentives:
Experimental Evidence for the People’s Republic of China.”
American Economic Review
82(1992): 1120-40.

Knetsch, J.L, F.F. Tang, and R.H. Thaler. “The Endowment Effect and Repeated Market Trials: Is the
Vickrey Auction Demand Revealing?”
Experimental Economics 4(2001): 257-69.

List, J.A., and C.A. Gallet. “What Experimental Protocol Influence Disparities between Actual and
Hypothetical Values?”
Environmental and Resource Economics 20(2001): 241-54.

List, J.A., and J.F. Shogren. “Price Information and Bidding Behavior in Repeated Second-Price
Auctions.”
American Journal of Agricultural Economics 81(1999): 942-49.

Lusk, J.L. “Effect of Cheap Talk on Consumer Willingness-to-Pay for Golden Rice.” American
Journal of Agricultural Economics
85(2003): 840-56.



More intriguing information

1. LOCAL PROGRAMS AND ACTIVITIES TO HELP FARM PEOPLE ADJUST
2. The name is absent
3. The role of statin drugs in combating cardiovascular diseases
4. Auctions in an outcome-based payment scheme to reward ecological services in agriculture – Conception, implementation and results
5. The name is absent
6. 5th and 8th grade pupils’ and teachers’ perceptions of the relationships between teaching methods, classroom ethos, and positive affective attitudes towards learning mathematics in Japan
7. The name is absent
8. New issues in Indian macro policy.
9. The name is absent
10. Qualification-Mismatch and Long-Term Unemployment in a Growth-Matching Model
11. New urban settlements in Belarus: some trends and changes
12. The name is absent
13. Non-farm businesses local economic integration level: the case of six Portuguese small and medium-sized Markettowns• - a sector approach
14. The name is absent
15. Change in firm population and spatial variations: The case of Turkey
16. The Advantage of Cooperatives under Asymmetric Cost Information
17. A Brief Introduction to the Guidance Theory of Representation
18. A parametric approach to the estimation of cointegration vectors in panel data
19. The name is absent
20. The name is absent