Showing 1 - 10 of 16
This article examines consumers’ preference for three types of orange juice in China. Two non-hypothetical experiments, Real Choice Experiments and Experimental Auctions were used in the study. We found that WTP estimates from real choice experiment are significantly higher than auction bids,...
Persistent link: https://www.econbiz.de/10010915967
This article examines the preferences revealed by two non-hypothetical experiments. We found that WTP estimates from real choice experiment are significantly than auction bids. We provide two possible reasons for it: consumers’ purchase intention and aggressiveness in price bargaining. Our...
Persistent link: https://www.econbiz.de/10010916198
In this study, we conduct a series of BDM auctions at multiple marketing outlets to elicit consumers’ willingness-to-pay (WTP) for organic and local blueberries. We find that consumers’ attitudes and their reported valuation of organic and local production of blueberries vary across...
Persistent link: https://www.econbiz.de/10010916507
A bivariate probit model was used to examine the relationship between actual and intended purchase of irradiated beef. The likelihood ratio test rejected the equality of parameters affecting actual and intended purchase decisions. Actual purchases were affected by package labels and appearance,...
Persistent link: https://www.econbiz.de/10005338148
This paper examines the spillover effects of television brand advertising on consumer demand for carbonated soft drinks … using a nested logit model and household purchase and advertising data from nine U.S. cities over a three year period …. Spillover effects are modeled using the conventional linear advertising production function with brand and company advertising …
Persistent link: https://www.econbiz.de/10010916473
This study examines the effects of television advertising on consumer demand for carbonated soft drinks using a random … coefficients logit model (BLP) with household and advertising data from seven U.S. cities over a three year period. We find that … advertising decreases the price elasticity of demand, indicating that advertising plays predominantly a persuasive, therefore anti …
Persistent link: https://www.econbiz.de/10010916532
This research tests for causality between indexed retail pork revenues and pork advertising. Evidence was found of … feedback between revenues and total pork advertising, but not between revenues and generic advertising. In fact, generic … advertising was found to have no significant impact on indexed retail pork revenues. …
Persistent link: https://www.econbiz.de/10005806407
The effect of advertising on market performance has been a long-standing debate. Advertising that increases the … dispersion of consumers’ valuations for advertised goods raises the market power of firms, while advertising that decreases the …. Numerous challenges confound the empirical identification of advertising effects on market performance. This paper proposes a …
Persistent link: https://www.econbiz.de/10005060391
price, advertising, and promotion responsiveness segments. Ex post analysis of these segments finds significant demographic …
Persistent link: https://www.econbiz.de/10005525917
-specific heterogeneity. In the empirical application for milk purchase, we find that generic advertising increases the probability of market …
Persistent link: https://www.econbiz.de/10005536697