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dc.contributor.advisorOutlaw, Joeen_US
dc.contributor.advisorPalma, Marco A.en_US
dc.creatorChammoun, Christopher Jamesen_US
dc.date.accessioned2012-10-19T15:30:01Zen_US
dc.date.accessioned2012-10-22T18:04:16Z
dc.date.available2012-10-19T15:30:01Zen_US
dc.date.available2012-10-22T18:04:16Z
dc.date.created2012-08en_US
dc.date.issued2012-10-19en_US
dc.date.submittedAugust 2012en_US
dc.identifier.urihttp://hdl.handle.net/1969.1/ETD-TAMU-2012-08-11501en_US
dc.description.abstractHigh prices in any industry, agricultural especially, tend to spur new investment opportunities. Recent prices for pecans have been high relative to their historical pattern, suggesting investment opportunities for pecans. Prior to any investment, the investor needs to know what products consumers are demanding and how profitable it is to grow those products. This study assessed Texas consumers' preferences for pecan products and the profitability of growing pecans in the central Texas region. A choice experiment was conducted amongst Texas consumers to reveal consumers' preferences and determine their willingness-to-pay for the attributes comprising pecan products. A stochastic production model was formulated to determine the profitability of three different types of pecan orchards: a native orchard with no irrigation, an improved varieties orchard with irrigation, and an improved varieties orchard without irrigation. Results from the choice experiment indicated that consumers preferred large size pecans, native variety pecans, pecan halves, United States-grown pecans, and Texas-grown pecans. The choice experiment also found that consumers were heterogeneous in their preferences for all attributes except pecan variety and U.S. origin. Results from the stochastic production model indicated that the most profitable pecan orchard in central Texas was the irrigated improved orchard.en_US
dc.format.mimetypeapplication/pdfen_US
dc.language.isoen_USen_US
dc.subjectconjoint analysisen_US
dc.subjectchoice experimenten_US
dc.subjectstochasticen_US
dc.subjectempirical distributionen_US
dc.titleProduction Model and Consumer Preferences for Texas Pecansen_US
dc.typeThesisen
thesis.degree.departmentAgricultural Economicsen_US
thesis.degree.disciplineAgricultural Economicsen_US
thesis.degree.grantorTexas A&M Universityen_US
thesis.degree.nameMaster of Scienceen_US
thesis.degree.levelMastersen_US
dc.contributor.committeeMemberLombardini, Leonardoen_US
dc.contributor.committeeMemberHarris, Marvin K.en_US
dc.type.genrethesisen_US
dc.type.materialtexten_US


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