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Information Use and Its Effects on the Valuation of Agricultural Genetic Resources

Author

Listed:
  • Annika Tienhaara
  • Heini Ahtiainen
  • Eija Pouta
  • Mikołaj Czajkowski

Abstract

This article examines the effects of information on stated preferences for an unfamiliar environmental good: agricultural genetic resources. We define two groups of respondents based on their use of additional information, and we model information use and its effect on individual preferences and scale. Our findings indicate that sociodemographic and attitudinal variables affect the use of information. We observe individual preference heterogeneity but no significant differences in scale between the information groups. The results highlight the importance of genetic resource conservation and controlling for the effects of information use in choice experiment models for unfamiliar goods.

Suggested Citation

  • Annika Tienhaara & Heini Ahtiainen & Eija Pouta & Mikołaj Czajkowski, 2022. "Information Use and Its Effects on the Valuation of Agricultural Genetic Resources," Land Economics, University of Wisconsin Press, vol. 98(2), pages 337-354.
  • Handle: RePEc:uwp:landec:v:98:y:2022:i:2:p:337-354
    Note: DOI: 10.3368/le.98.2.090319-0127R1
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    File URL: http://le.uwpress.org/cgi/reprint/98/2/337
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    Cited by:

    1. Longzhong Shi & Xuan Chen & Bo Chen, 2023. "Covid‐19‐tested food labels," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 71(2), pages 203-230, June.

    More about this item

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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