Economic value of information: wheat protein measurement

    Collection:
    Agricultural Communications Documentation Center (ACDC)
    Contributers:
    Miao, Ruiqing (author) and Hennessy, David A. (author)
    Format:
    Paper
    Publication Date:
    2011
    URL:
    https://ageconsearch.umn.edu/record/103974
    Published:
    USA
    Location:
    Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 131 Document Number: D11313
    Subject Term:
    buying behavior, decision making, economics of information, farmers, farming methods, nutrition, technology, wheat, farming equipment, willingness to pay, and economic value
    Notes:
    Abstract of a paper presented at the Agricultural and Applied Economics Association 2011 AAEA and NAREA joint annual meeting, Pittsburgh, Pennsylvania, July 24-26, 2011. Two-page abstract of a 54-page paper., Study of U.S. wheat farmers' willingness to pay for a near infrared sensor that can segregate wheat grains according to their protein concentration. Findings indicated willingness to pay 4.8 cents a bushel for the sorting technology.

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