Perceptions Of Economic Value Research Articles

Impact of Livelihood Capital on the Adoption Behaviour of Integrated Agricultural Services among Farmers

Based on the sustainable livelihoods framework (DFID) and the theory of farmer behaviour, this study uses data points from 505 field-based household surveys conducted by the group in Liaoning Province in 2021–2022 to investigate the impact of livelihood capital on farmers’ adoption of integrated agricultural services (IASs). Using the entropy method and the intermediary effect model, this paper tests the mediating effect of value perceptions on the path of influence. The findings of this study show that the adoption rate of IASs is low and that farmers lack sufficient knowledge of these services. Moreover, natural, human, and social capital significantly and positively effect farmers’ IAS application behaviour. Farmers’ perceptions of economic value and ecological value also have a mediating effect on their IAS adoption. Accordingly, this paper proposes the following recommendations: attention should be given to the cultivation and publicity of IASs, policy support for IASs should be strengthened, the level of farmers’ livelihood capital should be improved, farmers should be guided to break through the constraints of their current livelihood capital, and farmers’ value perceptions should be improved enough to encourage them to take the initiative to participate in these services.

Effect of land transfer on farmers' willingness to pay for straw return in Southwest China

Straw return is a kind of agricultural cleaner production technology. It can not only reduce environmental pollution caused by straw burning, but also help to improve soil conditions. However, few studies focus on the impact of increasingly active land transfer on farmers' willingness to pay for straw return. This study had a theoretical framework for systematic analysis and based on data from 1080 households in Sichuan Province, China. The conditional value assessment method (CVM) was used to estimate the interval of farmers' willingness to pay for straw return, and IV-Probit and IV-Tobit models were constructed to control endogeneity and to explore the effects of land transfer on farmers' willingness to pay for straw return. The results showed that (1) only 37.69% of farmers were willing to pay for straw return, and the average amount of farmers' willingness to pay was 12.94–34.41 RMB/666.7 m2-season. (2) Land transfer, especially land transfer-in, increased farmers' willingness to pay and willingness to pay amount for straw return, but there were noticeable intergenerational differences and differences in land operation scale. (3) The perception of economic value and the perception of payment effectiveness play a positive mediating role. The conclusion provides reference for improving straw return policy and promoting agricultural cleaner sustainable production. It is suggested to encourage land contiguous circulation to promote land integration, and reduce the price of straw return. At the same time, farmers' correct cognition of straw return should be improved through extensive publicity, especially for the new generation and large-scale farmers.

Destination spas and the creation of memorable guest experiences

Pine and Gilmore (1998) identified a paradigm shift in the perception of economic value, noting that experiences had emerged as the fourth step in the progression of economic value, as commodities,...

Perilaku Investasi Anak pada Keluarga Miskin dan Tidak Miskin

Investment behavior is an important factor to reach qualified children outcomes. This study aimed to analyze the differences in value of children, the investment behaviors, and family expenditure allocation to investment between the children of poor and non-poor families. In addition, this study also aims to analyze the influence of family characteristics, the value of the child, and investment behavior towards children investment expenditure allocation. The study involved 55 families with elementary school children (grade 1 and 2) in Kotabatu village,Ciomas subdistrict, Bogor District, West Java Province. Data were collected by interviewing the mothers and using questionnaire. Data were analyzed using independent samples t-test and multiple linear regression. The results showed that value of children and children’s investment behavior of poor and nonpoor families differ significantly (p<0.01). Parent’s perceptions of economic value had significant negative effect on the expenditures allocation for children’s investment. The expenditures allocation for children’s investment increased with the growing number of schooled children.

A study of the user's perception of economic value in nursing visits to primary care by the method of contingent valuation

BackgroundThe identification of the attribution of economic value that users of a health system assign to a health service could be useful in planning these services. The method of contingent valuation can provide information about the user's perception of value in monetary terms, and therefore comparable between services of a very different nature. This study attempts to extract the economic value that the subject, user of primary care nursing services in a public health system, attributes to this service by the method of contingent valuation, based on the perspectives of Willingness to Pay (WTP) and Willingness to Accept [Compensation] (WTA).Methods/DesignThis is an economic study with a transversal design. The contingent valuation method will be used to estimate the user's willingness to pay (WTP) for the care received from the primary care nurse and the willingness to accept [compensation] (WTA), were this service eliminated. A survey that meets the requisites of the contingent valuation method will be constructed and pilot-tested. Subsequently, 600 interviews will be performed with subjects chosen by systematic randomized sampling from among those who visit nursing at twenty health centers with different socioeconomic characteristics in the Community of Madrid. The characteristics of the subject and of the care received that can explain the variations in WTP, WTA and in the WTP/WTA ratio expressed will be studied. A theoretical validation of contingent valuation will be performed constructing two explanatory multivariate mixed models in which the dependent variable will be WTP, and the WTP/WTA relationship, respectively.DiscussionThe identification of the attribution of economic value to a health service that does not have a direct price at the time of use, such as a visit to primary care nursing, and the definition of a profile of "loss aversion" in reference to the service evaluated, can be relevant elements in planning, enabling incorporating patient preferences to health policy decision-making.

Customer perceived value in B-t-B service relationships: Investigating the importance of corporate reputation

The importance of customer perceived value (CPV) has been advocated in numerous publications over the recent years. The research presented in this article aims at 1) understanding drivers of customers' perception of economic value, especially when the service provided has high a degree of intangibility, and 2) assessing the consequences of value perceptions. The authors present a theoretical model of antecedents and consequences of CPV in a B2B service industry setting. Corporate reputation, information sharing, distributive fairness and flexibility are modeled as drivers of CPV whereas word-of-mouth (WOM) and search for alternatives (loyalty measures) represent the effects of CPV. A test of the hypothesized model using structural equation modeling showed that corporate reputation had substantially stronger effect on CPV than the other drivers measured. This indicates that when the intrinsic nature of service performance is hard to evaluate, corporate reputation works as substantial shorthand for value. Finally, customers' perceptions of economic value increase their likelihood of recommending the supplier and reduce their tendency to seek information about alternatives.

Trust and Co-operation in Business Relationship Development: Exploring the Influence of National Values

This paper makes an initial exploration of whether and to what extent different national values may affect the development of business relationships between individuals in different countries, by specifically examining the development of trust and co-operation between people. It first identifies key factors that may determine the nature and effect of trust in business relationships. Trust based on calculus, knowledge, and identification are distinguished. Inhibitions to co-operation are also identified, which include the perceptions of economic value, of social returns, of risk, and of competence of the potential co-operating parties. A model of trust formation and its impact on co-operation enabling detailed interpretation of empirical data is presented. Notions of national values developed in previous research are outlined, and a set of formal tabulated propositions regarding how these may be expected to influence different aspects of trust formation in different European countries is developed. The relevance and applicability in understanding different approaches to business development in different countries is then explored. The trust relationships of three matched case companies, one each from France, Holland and the United Kingdom are examined in terms of the propositions detailed, by means of verbal protocol analysis. Marked differences were found between the three individual business leaders, and these largely matched the theoretical propositions generated. Different types of trust relationships were sought and required by the individuals examined, and they each needed different co-operation criteria to be addressed before they would co-operate. This study is only exploratory, and stereotypes need to be avoided, but more concrete propositions can be suggested as to why and how national values influence business to business relationships. National values appear to influence the relative importance placed by individuals in the types of trust they require to co-operate with others, and the criteria they implicitly employ in deciding whether to co-operate or not.