Recommended Citation
Presented at the 2003 American Agricultural Economics Association Annual Meeting: Montreal, Canada, July 27, 2003.
Abstract
This paper provides a model that allows for interpreting bids in a Vickrey auction when the good has public good attributes. It also examines information obtained from a Vickrey auction, which collected consumer’s willingness-to-pay for pork products that had embedded environmental attributes, and applies the new interpretation to the bids.
Disciplines
Agribusiness | Agricultural and Resource Economics | Business
Copyright
2003 by Sean P. Hurley and James B. Kliebenstein
Number of Pages
24
Publisher statement
All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies.
URL: https://digitalcommons.calpoly.edu/agb_fac/62