Testing the Initial Endowment Effect in Experimental Auctions实验拍卖中初始禀赋效应的检验.pptVIP

Testing the Initial Endowment Effect in Experimental Auctions实验拍卖中初始禀赋效应的检验.ppt

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Testing the Initial Endowment Effect in Experimental Auctions实验拍卖中初始禀赋效应的检验

What’s C.O.O.L.? Implications for U.S. Producers and Consumers Wendy Umberger Asst. Professor and Extension Agribusiness Economist Department of Agricultural and Resource Economics Colorado State University Midwest/Great Plains/Western Outlook Conference August 14, 2003 Outline What’s COOL? Overview Why is it such a controversial law? Producer and Consumer Implications Costs Benefits Recent COOL Events Future of COOL Proponents’ Reasoning behind COOL Consumer “right to know” Food safety U.S. food supply is safest Protecting the American market Increase demand for U.S. products Voluntary labeling will not work Mandatory labeling program is the only way to get all segments of the food chain coordinated Ex. Nutritional labeling National Farmers Union, R-Calf, OCM, Consumer Federation of America, American Farm Bureau Which Commodities are Covered? Muscle Cuts Of Beef, Pork, Lamb Ground Beef, Pork, Lamb Farm-Raised Wild Fish Peanuts Perishable Ag Commodities Fresh Frozen Fruits Vegetables So Why All the Controversy? The Controversy: Testimonies 12 USDA Listening Sessions (April - June, 2003) Help alleviate any bias by listening to all sides Suggestions to solve the record-keeping requirement and lessen cost burden Senate Agriculture Subcommittee on Marketing, Inspection and Promotion Hearing April 22, 2003 House Committee on Agriculture Hearing to Review Mandatory COOL June 26, 2003 /hearings/testimony.htm The Controversy: COOL Law Exemptions? Ingredients In Processed Food Products Poultry and Dairy No Chicken, Turkey, Eggs, Milk Food Service Establishments Restaurants, Cafeterias Retailers With Less Than $230,000/Year In Fruit Vegetable Sales Butcher Shops, Fish Markets, Small Grocers The Controversy: Labeling of Country-of-Origin? U.S. Origin… Meat Must Be Exclusively From Animals Born, Raised, and Slaughtered (Processed) In U.S. Also includes beef from animals born and raised in Alaska or Hawaii (transported for no more than 60 days through Canad

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