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Advances in Behavioral and Experimental Economics in Applied and Agricultural Economics

AAEA annual meeting track session

In the 2023 AAEA Annual Meeting track session (sponsored by AAEA Experimental Economics section and AAEAFood Safety and Nutrition section) “Advances in Behavioral and Experimental Economics in Applied and Agricultural Economics” the authors highlights recent trends and advances in behavioral and experimental economics for applied and agricultural economists. Methodological contributions, theoretical advancements, and behavioral frameworks are presented making use of a variety of experimental settings, such as, lab and field experiments. Among others, one presentation demonstrates the external validity of previously documented phenomena showing a novel certainty effect for preference reversals and finding that reversals persist at higher stakes and among experts (US agricultural producers). Another study shows how meditation can lower individuals’ cortisol levels and subsequently foster healthy food choices. Presenters also compare experimental findings from a non-representative in-person field experiment to a nationally representative online counterpart in the context of making food purchases; while others evaluate ex-ante effects of nutrition labeling with a lab experiment mimicking a store environment. Finally, several studies use behavioral concepts to explain choice behavior.

Presentations in this session:

  • Introducing a new ex-ante hypothetical bias mitigation technique: The Hypothetical Consequential Choice
    Presented by: Vincenzina Caputo
  • A certainty effect for preference reversals: Experiment and Theory
    Presented by: Paul J. Feldman
  • Is a non-representative convenience sample good enough? Insights from an Economic Experiment
    Presented by: Olesya Savchenko
  • Effect of cortisol on healthy food choice: A Lab Experiment
    Presented by: Carola Grebitus
  • Impact of ‘high in’ front-of-package nutrition labeling on food choices: Evidence from a Grocery Shopping Experiment
    Presented by: Yu Na Lee
  • Effect of product and country image on U.S. consumers’ domestic beef preferences
    Presented by: Shijun Gao
  • Do extreme opponents of COVID-19 regulations know the least but think they know the most? Testing effects of knowledge on opposition to government measures
    Presented by: Nilufer Cetik
  • Do consumers perceive organic foods as less caloric than regular foods? A behavioral study of the organic health halo effect
    Presented by: Simon Codjo

This session will take place on Tuesday, July 25 from 1:00 pm – 2:30 pm Eastern in the Marriott Marquis Washington DC in the Silver Linden room.

If you are interested in attending the 2023 AAEA Annual Meeting in Washington DC, please send a completed complimentary media registration to Allison Ware in the AAEA Business Office. You can also learn more on our Annual Meeting Media Kit page.

ABOUT AAEA: Established in 1910, the Agricultural & Applied Economics Association (AAEA) is the leading professional association for agricultural and applied economists, with 2,500 members in more than 60 countries. Members of the AAEA work in academic or government institutions as well as in industry and not-for-profit organizations, and engage in a variety of research, teaching, and outreach activities in the areas of agriculture, the environment, food, health, and international development. The AAEA publishes three journals, the Journal of the Agricultural and Applied Economics Association (an open access journal), the American Journal of Agricultural Economics and Applied Economic Perspectives & Policy, as well as the online magazine Choices and the online open access publication series Applied Economics Teaching Resources. To learn more, visit www.aaea.org.

Contact: Allison Ware
Senior Communications & Membership Manager
(414) 918-3190
Email: aware@aaea.org