Food and Agribusiness Lab

May 22:
Survey Design and Experimental Economics with Carola Grebitus and Matt Rousu

Introduction to survey design; Introduction to experimental economics; Designing your own survey

May 23:
Auctions with Matt Rousu and Carola Grebitus

Introduction to auctions; Designing laboratory auction experiments; Combining auctions with survey instruments; Conducting a non-hypothetical, lab auction study; Analysis of auction data

May 24:
Choice experiments with Jayson Lusk and Vincenzina Caputo

Introduction to stated choice surveys and experimental design; Full and fractional factorial designs; Orthogonal and efficient designs; Designing a choice experiment with the experimental design software Ngene

May 25:
Choice modeling with Vincenzina Caputo and Jayson Lusk

Multinomial logit models; Mixed logit models; Willingness to pay models, Computer exercises with estimation software (Nlogit and Stata);

May 26:
Deriving recommendations with David Just and Rodolfo Nayga, Jr.

Interpretation of results; Depiction of results; Deriving recommendations for stakeholders. How to assess published evidence from the literature in light of strength of internal and external validity. This helps in creating policy recommendations, and in determining the strength of potential contributions to the literature. Final project presentations.