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Behavioral Economics Commons

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Full-Text Articles in Behavioral Economics

Consumer Demand For Domestic And Imported Broiler Meat In Urban Ghana: Bringing Non-Price Effects Into The Equation, Andrea E. Woolverton, Stephen Frimpong Aug 2013

Consumer Demand For Domestic And Imported Broiler Meat In Urban Ghana: Bringing Non-Price Effects Into The Equation, Andrea E. Woolverton, Stephen Frimpong

Stephen Frimpong

Ghana’s domestic poultry industry is one of many in West Africa that is seeking strategies to compete with imported poultry products. This study investigates if urban Ghanaian consumers are willing to pay for non-price attributes in poultry; hence, offering potential competitive niches. Consumer preferences in Accra, Ghana for domestic and imported chicken were studied using a choice based conjoint analysis. A total of 138 respondents who were directly purchasing broiler products were drawn randomly from both traditional and modern markets for inclusion into a revealed preference data collection. A conditional logistic regression model was used to estimate the part-worth of …


The Cost Of Useful Knowledge And Collective Action In Three Fisheries, James A. Wilson, James M. Acheson, Teresa Johnson Jan 2013

The Cost Of Useful Knowledge And Collective Action In Three Fisheries, James A. Wilson, James M. Acheson, Teresa Johnson

James Wilson

In a complex environment knowledge is valuable and its acquisition is costly; as a result people are careful about what to learn and how to learn it. We suggest that the dynamics of the “local” environment strongly influences the method that individuals choose to acquire useful knowledge and is one of the principal determinants of the way they compete and cooperate. We focus on theway different environments lead to different costs, especially the relative opportunity costs of search and communication and, consequently, to the emergence of different patterns of persistent cooperation and competition. In predictably regular and in predictably random …


Bridging Vs. Bonding Social Capital And The Management Of Common Pool Resources, Kathy Baylis, Yazhen Gong, Shun Wang Dec 2012

Bridging Vs. Bonding Social Capital And The Management Of Common Pool Resources, Kathy Baylis, Yazhen Gong, Shun Wang

Kathy Baylis

Social capital can facilitate community governance, but not all social capital is alike. We distinguish bonding social capital (within a village) from bridging social capital (between villages), and we compare their effects on the management of a common pool resource. We develop a theoretical model and show that bonding social capital can improve common pool resource management, while the effect of bridging social capital is mixed. We test these findings using primary data from Yunnan, China on social capital and firewood collection on communal lands. We find that bonding social capital decreases the consumption of the common pool resource, and …