Beef Producer Preferences and Purchase Decisions for Livestock Price Insurance

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dc.creatorFields, Deacue
dc.creatorGillespie, Jeffrey M.
dc.date2017-04-01T13:51:35Z
dc.date.accessioned2026-07-09T04:40:33Z
dc.descriptionPersonal interviews were conducted with beef cattle producers in Louisiana to determine their preferences and purchase decisions for livestock price insurance. Conjoint analysis was utilized to determine the importance of selected attributes of insurance policies for these producers. The characteristics of producers who prefer given attributes were also identified. Producers rated products given four economic situations to evaluate. A two-limit tobit model was used to estimate the part worth utility values for each attribute. Univariate probit models were estimated to evaluate the influence of producer characteristics on purchase decisions.
dc.identifierdoi:10.22004/ag.econ.47259
dc.identifierhttps://ageconsearch.umn.edu/record/47259/files/jaae-40-03-789.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/47259
dc.identifier.urihttp://hdl.handle.net/123456789/553341
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/47259
dc.titleBeef Producer Preferences and Purchase Decisions for Livestock Price Insurance
dc.typeText

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University of Minnesota