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The Value Of Verifiable Information In A Controversial Market: Evidence From Lab Auctions Of Genetically Modified Food, Matthew Rousu, Wallace Huffman, Jason F. Shogren, Abebayehu Tegene 2016 Iowa State University

The Value Of Verifiable Information In A Controversial Market: Evidence From Lab Auctions Of Genetically Modified Food, Matthew Rousu, Wallace Huffman, Jason F. Shogren, Abebayehu Tegene

Wallace Huffman

Two interested parties dominate the current debate on genetically modified (GM) foods: environmental groups and agribusiness companies. For the average consumer to arrive at an informed decision on these new foods, they must rely on information from interested parties. Unfortunately, information from interested parties does not provide an accurate picture of the benefits and risks of new products. This paper examines the effects of information on consumers’ demand for new food products, GM-foods, in an environment where information from one or more interested parties is provided. We design and conduct laboratory auction experiments using randomly chosen adult consumers from two ...


Who Do Consumers Trust For Information: The Case Of Genetically Modified Foods?, Wallace E. Huffman, Matthew Rousu, Jason F. Shogren, Abebayehu Tegene 2016 Iowa State University

Who Do Consumers Trust For Information: The Case Of Genetically Modified Foods?, Wallace E. Huffman, Matthew Rousu, Jason F. Shogren, Abebayehu Tegene

Wallace Huffman

During the twentieth century, research and development (R&D) has produced a steady stream of inventions and new consumer goods, many of which have been adopted and proven to be the source of a rising standard of living (Boskin et al.). The introduction of new goods, however, creates a disequilibrium (Hausman), which in turn creates a demand by economic agents for objective information to assist in making decisions on adoption and use (Schultz).1 The consumer's challenge is to sort through the various, competing and sometimes conflicting, sources of information.


Modernizing Agriculture: A Continuing Process, Wallace E. Huffman 2016 Iowa State University

Modernizing Agriculture: A Continuing Process, Wallace E. Huffman

Wallace Huffman

Agriculture in the united states has undergone dramatic technological and social-economic structural change during the past century. Theodore W. Schultz was the first to emphasize the role of science-based technological change as a key force for causing agriculture to undergo a transition from traditional to modernizing conditions.1 It is now well established that institutionalized research, not research under taken by farmers themselves, is the key factor for producing innovations or knowledge leading to new technologies and advances in agricultural productivity under modernization. In the United States, it has taken many decades to develop the legal, political, scientific, and economic ...


Economics Of Intellectual Property Rights In Plant Materials, Wallace Huffman 2016 Iowa State University

Economics Of Intellectual Property Rights In Plant Materials, Wallace Huffman

Wallace Huffman

This paper presents an economic perspective on intellectual property in plant materials, including its value, and summary information on the U.S. seed industry. It first considers intellectual property rights--types, economic incentives that they bestow, and uses across developed and developing countries. Second, it considers the U.S. seed industry-- characteristics for major crops, optimal pricing of a superior variety, and relative size of public and private research expenditures. Some conclusions and implications are presented in the final section.


Estimating The Public Value Of Conflicting Information: The Case Of Genetically Modified Foods, Matthew C. Rousu, Wallace E. Huffman, Jason F. Shogren, Abebayehu Tegene 2016 RTI International

Estimating The Public Value Of Conflicting Information: The Case Of Genetically Modified Foods, Matthew C. Rousu, Wallace E. Huffman, Jason F. Shogren, Abebayehu Tegene

Wallace Huffman

Environmental groups have become the chief antagonists toward agricultural biotechnology innovations. They demonstrate and disseminate private information with the objective of changing the behavior of consumers and producers. We use experimental auctions with adult U.S. consumers and show that this information reduces significantly the demand for genetically modified (GM)-food products and that it has significant public good value—an average of 3 cents per product purchased, or roughly $2 billion annually. We also show that the dissemination of independent third-party information about agricultural biotechnology dissipates most of the public good value of negative GM-product information.


Ethical And Managerial Implications Of Internet Monitoring, Andra Gumbus, Frances Grodzinsky 2016 Sacred Heart University

Ethical And Managerial Implications Of Internet Monitoring, Andra Gumbus, Frances Grodzinsky

Andra Gumbus

As Internet use pervades our personal and professional lives, organizations have become increasingly concerned about employee use of the Internet for personal reasons while at work. This has prompted the restriction of the Internet or the limitation of the Internet during work hours. Monitoring of employee Internet and email is another result of this trend. Legitimate business functions such as employee performance appraisal and progress toward goals are served by monitoring. However, poorly designed and communicated monitoring practices can be negative and have perverse effects on employee morale and productivity. Monitoring of employees erodes trust and may be considered an ...


A Test For Complementarities Among Multiple Technologies That Avoids The Curse Of Dimensionality, Li Yu, Terrance Hurley, James Kliebenstein, Peter F. Orazem 2016 Central University of Finance and Economics

A Test For Complementarities Among Multiple Technologies That Avoids The Curse Of Dimensionality, Li Yu, Terrance Hurley, James Kliebenstein, Peter F. Orazem

Peter Orazem

We propose a strategy to identify the complementarity or substitutability among technology bundles. Differences between the observed distribution of technology choices can be subjected to statistical tests. Combinations of technologies that occur with greater frequency than would occur under independence are complementary technologies. Combinations that occur with less frequency are substitute technologies. We use the strategy to evaluate multiple technology adoptions on US hog farms. As the number of bundled technologies increases, they are increasingly likely to be complementary with one another, even if subsets are substitutes when viewed in isolation.


Analysis Of Patent Referencing To Ieee Papers, Conferences, And Standards 1997-2011, Anthony Breitzman Sr. 2016 Rowan University

Analysis Of Patent Referencing To Ieee Papers, Conferences, And Standards 1997-2011, Anthony Breitzman Sr.

Anthony Breitzman

No abstract provided.


Who Invents It? Women's Participation In Information Technology Patenting, 2012 Update, Catherine Ashcraft, Anthony Breitzman Sr. 2016 National Center for Women & Information Technology

Who Invents It? Women's Participation In Information Technology Patenting, 2012 Update, Catherine Ashcraft, Anthony Breitzman Sr.

Anthony Breitzman

No abstract provided.


Bibliometric Analysis Of Core Papers Fundamental To Tissue Engineering, Diana Hicks, Mike Albert, Anthony Breitzman, Peggy Cheney 2016 CHI Research

Bibliometric Analysis Of Core Papers Fundamental To Tissue Engineering, Diana Hicks, Mike Albert, Anthony Breitzman, Peggy Cheney

Anthony Breitzman

No abstract provided.


Small Firms And Technology: Acquisitions, Inventor Movement, And Technology Transfer, Anthony Breitzman 2016 Rowan University

Small Firms And Technology: Acquisitions, Inventor Movement, And Technology Transfer, Anthony Breitzman

Anthony Breitzman

No abstract provided.


An Analysis Of References From Us Patents To Nist-Supported Technical Outputs, Anthony Breitzman Sr., Patrick Thomas 2016 Rowan University

An Analysis Of References From Us Patents To Nist-Supported Technical Outputs, Anthony Breitzman Sr., Patrick Thomas

Anthony Breitzman

No abstract provided.


The Emerging Clusters Project Final Report, Anthony Breitzman, Patrick Thomas 2016 1790 Analytics, LLC

The Emerging Clusters Project Final Report, Anthony Breitzman, Patrick Thomas

Anthony Breitzman

No abstract provided.


Computer Adoption And Returns In Transition, Yemisi Kuku, Peter F. Orazem, Rajesh Singh 2016 Iowa State University

Computer Adoption And Returns In Transition, Yemisi Kuku, Peter F. Orazem, Rajesh Singh

Peter Orazem

Across nine transition economies, it is the young, educated, English-speaking workers with the best access to local telecommunications infrastructures that work with computers. These workers earn about 25% more than do workers of comparable observable skills who do not use computers. Controlling for likely simultaneity between computer use at work and labor market earnings makes the apparent returns to computer use disappear. These results are corroborated using Russian longitudinal data on earnings and computer use on the job. High costs of computer use in transition economies suppress wages that firms can pay their workers who use computers.


High-Tech, High-Touch: Highlights From The 2016 Entrepreneurship Roundtable, Mona Anita Kristiansen Olsen, Jennifer Blumenfeld 2016 Cornell University School of Hotel Administration

High-Tech, High-Touch: Highlights From The 2016 Entrepreneurship Roundtable, Mona Anita Kristiansen Olsen, Jennifer Blumenfeld

Center for Hospitality Research Publications

More than two-dozen industry leaders met in Ithaca in April 2016 for the second annual Technology Entrepreneurship Roundtable hosted by the Center for Hospitality Research (CHR) at Cornell University’s School of Hotel Administration (SHA). Participants focused discussions on integrating the latest software and hardware with the personal touch that is integral to hospitality and identifying the different preferences among younger and older consumers, among other topics. The gathering included corporate professionals, entrepreneurs, SHA students, and Cornell University’s 2016 Entrepreneur of the Year, Leland Pillsbury of Thayer Lodging Group. The wide-ranging discussion kicked off with an evaluation of cloud ...


A Matter Of Taste 味關重要, 2016 Vocational Training Council

A Matter Of Taste 味關重要

AMBROSIA 客道 : The Magazine of The International Culinary Institute

Along with Ferran Adria, British chef Heston Blumenthal is the foremost proponent of a scientific approach to cooking that has won him global acclaim for signature dishes like triple cooked chips and white chocolate with caviar, he recently visited Hong Kong where he discovered that the city's local cuisine has much to be admired.

英國大廚Heston Blumenthal是分子廚藝巨匠,與名廚Ferran Adria齊名。他擅於在烹調手法中融入創新的科技元素,其拿手好菜包括三重薯菜(triple cooked chips)和白朱古力配魚子醬(white chocolate with caviar)等。近期,這位創意非凡的廚藝天才造訪香港,並對這座城市的地道美食讚口不絕。


Driving Change, 2016 Vocational Training Council

Driving Change

SIGNED: The Magazine of The Hong Kong Design Institute

Chelsia Lau is the chief designer for Ford in Shanghai and is behind some of its biggest projects. We speak to the Hongkonger about the changes in automotive design.


Creativity And Entrepreneurial Efforts In An Emerging Economy, Quan-Hoang Vuong, Nancy K. Napier, Thu-Hang Do, Thu-Trang Vuong 2016 Universite Libre de Bruxelles

Creativity And Entrepreneurial Efforts In An Emerging Economy, Quan-Hoang Vuong, Nancy K. Napier, Thu-Hang Do, Thu-Trang Vuong

Quan-Hoang Vuong

While much research has focused on entrepreneurship and creativity in developed economies, the notions of both topics are still embryonic in many emerging economies. This paper focuses on entrepreneurs in one such economy, Vietnam, to understand the perceptions of entrepreneurs about the role that innovation and creativity may play in their decisions to start entrepreneurial ventures. This is important because before reaping benefits from entrepreneurship, entrepreneurs need to decide when and on what conditions they start based on their calculations of required resources and predictions of likely outcomes. The research also sought to understand how “creativity,” broadly applied (“innovation” and ...


The Ieee Controversial Policy On Standard Essential Patents – The Empirical Record Since Adoption, 2016 Selected Works

The Ieee Controversial Policy On Standard Essential Patents – The Empirical Record Since Adoption

Ron D. Katznelson

No abstract provided.


Implications Of Social Media Use On Instruction And Student Learning: An Exploratory Study, Mayur S. Desai, Lucy Ojode 2016 Texas Southern University

Implications Of Social Media Use On Instruction And Student Learning: An Exploratory Study, Mayur S. Desai, Lucy Ojode

Southwestern Business Administration Teaching Conference

In this paper we explore the use of social media on the content delivery aspects of instruction and potential impacts on student learning. It is our conjecture that impacts of social media use might depend on factors such as the interface of particular medium and learning style, teaching style and instructor skill, and the demographics of students and their instructors. We propose a framework that links instructor to students through social media. That is, social media becomes a channel though which learning occurs. Classifying multimedia technology as tools and social media as interactive Web 2.0 Internet-based applications, we ...


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