Estimating Implicit Marginal Prices of Quality Characteristics of Tomatoes

Author:

Jordan Jeffery L.,Shewfelt R. L.,Prussia S. E.,Hurst W. C.

Abstract

AbstractA hedonic price function is developed for estimating the implicit prices for selected quality characteristics of fresh tomatoes at three points in the marketing season. The estimation of this function, proposed as a method of evaluating changes in the post-harvest system, is accomplished using a flexible functional form. Those quality characteristics that most affect the price of tomatoes can help determine the economic feasibility of alternative handling techniques or new technologies.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Agricultural and Biological Sciences (miscellaneous)

Reference32 articles.

1. Hedonic Prices in the Malting Barley Market.;Wilson;Western J. Agr. Econ.,1984

2. A New Approach to Consumer Theory

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