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Consumers sometimes prefer stricter food regulations as voters than as consumers. A prime example is that battery-cage eggs were the most sold types of eggs in California in 2008 when 63% of voters supported the animal welfare proposition forbidding battery-cage eggs starting from from 2015. In...
Persistent link: https://www.econbiz.de/10010916081
estimate the willingness to pay (WTP) for each campaign component using a mixed logit model. Individual level WTP was … calculated in order to explore the relationship between WTP and characteristics of restaurants. Results indicate that three …
Persistent link: https://www.econbiz.de/10010916468
-to-pay (WTP) a premium for non-GM foods in order to assess their valuation of the non-GM characteristic in food products. Mean WTA … exceeds mean WTP, a finding that suggests the valuation of the non-GM characteristic reflects an endowment effect, imperfect … significantly increase (decrease) WTA and WTP estimates. Additional regression models using the difference between WTA and WTP as …
Persistent link: https://www.econbiz.de/10005060240
This paper examines determinants of consumers’ willingness to pay a premium for grass-fed and organic dairy by using a survey data from the southeastern United States. We use ordered and Heckman probit regression techniques to estimate the impact of consumer characteristics on their...
Persistent link: https://www.econbiz.de/10005039287
European and Non-European studies which use stated preference approach to uncover the society's willingness to pay (WTP) for … landscape. Our calculations show that, the per hectare WTP in EU varies between 89 and 169 €/ha with an average value of 142 …
Persistent link: https://www.econbiz.de/10009002521
methodological heterogeneities also indicate that choice experiments yield higher WTP values and that the sample size is negatively … correlated with WTP values. …
Persistent link: https://www.econbiz.de/10009020305
are very important in explaining WTP for wine attributes. The contributions of prestigious appellations to the value of … even after tasting the wine, appellation and expert ratings still mattered for WTP. Overall, the research describes a …
Persistent link: https://www.econbiz.de/10009021443
Our study provides result using mixed logit model from analyzing of choice experiment survey data to examine college students' attitudes toward genetically modified (GM) breakfast product from U.S. and China. Here we expand on previous research by exploring certain socio-demographic, attitudinal...
Persistent link: https://www.econbiz.de/10011069072