Measuring Part-Whole Bias: Some Evidence from Crop Biotechnology
| dc.creator | Marra, Michele C. | |
| dc.creator | Piggott, Nicholas E. | |
| dc.date | 2017-04-01T15:28:03Z | |
| dc.date.accessioned | 2026-07-09T03:50:40Z | |
| dc.description | We analyze the non-pecuniary aspects of some crop biotechnologies taken from three farm-level surveys. We focus particularly on the phenomen on of part-whole bias, which is the empirical finding that the sum of the stated part-worths (the value of each nonpecuniary characteristic) is greater than the stated total value of all the non-pecuniary characteristics. We analyze the empirical evidence of part-whole bias in the surveys, while decomposing it to further understand the phenomenon and to rescale the stated values of the non-pecuniary characteristics in the surveys. We find for all three surveys that the degree to which part-worths should be rescaled is about 60 percent. | |
| dc.identifier | doi:10.22004/ag.econ.25372 | |
| dc.identifier | https://ageconsearch.umn.edu/record/25372/files/cp060228.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/25372 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/540786 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/25372 | |
| dc.title | Measuring Part-Whole Bias: Some Evidence from Crop Biotechnology | |
| dc.type | Text |