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| Tekijä: | Depositario, D.P.T. (et al.) |
| Otsikko: | Effects of information on consumers' willingness to pay for golden rice |
| Lehti: | Asian Economic Journal
2009 : DEC, VOL. 23:4, p. 457-476 |
| Asiasana: | consumer behaviour bidding information auctions prices |
| Kieli: | eng |
| Tiivistelmä: | Using a uniform-price auction with four units supply for golden rice, examined are the effects of information (hereafter as: info) on consumer bidding behaviour. It is shown that mean willingness to pay (WTP) bids are highest under positive info, followed by no info, negative info, and unexpectedly lowest with two-sided info. Also, there is a minor difference in WTP as to the reference price btw. positive info and no info etc. |
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