This study is the first attempt to elicit individual willingness to pay (WTP) for varying attributes of a specific food product, the organic egg, using three elicitation methods, namely, a real choice experiment (RCE), the Becker-DeGroot-Marschak (BDM) mechanism, and a RCE by using the BDM mechanism (RCE-BDM). The experimental setting allows for a comparison of these three methods. The mixed logit models in WTP space for the choice data and the random-effects Tobit model for the BDM data are used for the analyses. The results show that the individuals' WTP varies across elicitation methods. More specifically, the WTP of the RCE is lower than the WTP of the BDM experiment, and mixed results have been found while comparing the WTP of the RCE-BDM experiment and WTP of the BDM experiment. Lastly, individuals are willing to pay a premium for health, environment-friendly, and animal welfare attributes for all three elicitation methods: the health attribute's premium having the highest value followed by those of animal welfare and environment-friendliness. The results have not changed with information treatment indicating robustness of the findings.
This study aims to find significant relationships between gender inequality and some economic indicators. More specifically, the labor force participation rate of females, maternal mortality ratio, and proportion of seats held by women in national parliaments are mainly used as gender inequality indicators while employment rate and GDP constitute the economy dimension. For this purpose, instead of using a single variable, multiple variables are mainly preferred, which will lead to a better understanding of the relationship between gender inequality and economic indicators. In order to measure these multiple correlations, canonical correlation analysis is performed which analyzes the relationship between two sets of variables. The rationale of using more than one variable for gender inequality and economy is that using only one variable is not sufficient to explain these concepts, so a variable set is needed.
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