Social and Behavioral Sciences Commons^™

Consumer Preferences And Associated Price Premiums For Agricultural Traits In Maine Markets, Lauren Miller

Electronic Theses and Dissertations

In this thesis, I investigate the roles of both consumers and producers in the emergence of traited (i.e. local and organic) goods markets in Maine. I discuss welfare changes after differentiation of the market as well as the impact of changing consumer preferences on market outcomes.

The first chapter motivates the emergence of traited goods markets—as consumers try to satisfy their preferences and producers seek to increase incomes.

The second chapter explores the market for traited goods in Maine, focusing on the evolution of consumer preferences. A market differentiation framework is used to consider factors that impact total welfare changes …