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Assessing Public Priorities for Experiment Station Research: Contingent Value and Public Preferences for Agricultural Research
Authors:Stephen K Swallow  and Marisa J Mazzotta
Institution:Stephen K. Swallow is professor, Department of Environmental and Natural Resource Economics, University of Rhode Island, Kingston, RI. Marisa J. Mazzotta is environmental/natural resource economist, M.J. Mazzotta, Ltd., Charlestown, RI.
Abstract:Laws concerning government accountability mandate that agencies weigh constituent interests in setting priorities. This study extends literature on the value of research by considering the public's stated preferences for scientist-effort allocated across an Agricultural Experiment Station's research portfolio. Over 75% of respondents expressed a willingness-to-pay exceeding $20 per household for allocations of at least 139 scientist-months. The mean household is willing to pay about $25 for a 25% increase in effort. Marginal analysis identifies topic areas where an additional scientist-month provides above- or below-average benefits. The distribution of effort across research topics significantly affects respondents' values.
Keywords:choice experiments  choice modeling  government performance  research funding  research incentives  research priorities  research value
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