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recently, in supermarkets and shopping centres. The fair trade product with the highest market share is coffee. This study aims … to ascertain the implicit price paid by Italian consumers for the fair trade content of coffee and how this implicit … is the province. Since scanner data are used, the analysis can allow for the coffee attributes described by the labels …
Persistent link: https://www.econbiz.de/10009322811
Using retail purchase data, price premiums and discounts associated with household demographics, market factors, and product attributes (focusing on the organic attribute for strained baby food) are estimated using a hedonic pricing model. Results suggest that the organic premium ranges from...
Persistent link: https://www.econbiz.de/10005798608
We study consumer preferences for socially-responsible certified coffee based on alternative ways to distribute the … consumer willingness to pay for two socially-responsible certified coffee systems: the existing Fair Trade and a hypothetical … certified coffee. This effect is higher for consumers that donate a higher part of their income to charities. …
Persistent link: https://www.econbiz.de/10011068670
This research evaluated forecasting accuracy of hedonic price models based on a number of different submarket assumptions. Using home sale data for the City of Knoxville and vicinities merged with geographic information, we found that forecasting housing prices with submarkets defined using...
Persistent link: https://www.econbiz.de/10009444986
This study employs new data and a hedonic function to estimate the quality-adjusted price and quantity for farm tractors over the 1950-2011 period. The estimated hedonic prices for tractors are lower than the BLS’ tractor price index in most time period. The lower prices will result in a...
Persistent link: https://www.econbiz.de/10010880991
Hedonic price models were fitted to a sample of 1397 sheep and 1293 goats respectively for which data were collected from nine markets in Ethiopia over a 12 month period. The objective was to determine seasonal and inter-market differences in prices after controlling for the effects of different...
Persistent link: https://www.econbiz.de/10011246277
Persistent link: https://www.econbiz.de/10005026736
Food manufacturers use health claims to signal higher product quality and attract health oriented consumers. However, consumers’ willingness to pay for health-related attributes may not be large enough to repay firms of the high costs associated with developing, certifying, and marketing such...
Persistent link: https://www.econbiz.de/10011068871
This paper determines the effects of cattle feeders' risk aversion on feeder cattle prices using pen data of Kansas feedlots. Higher profit risk results in lower feeder cattle prices. The elasticity of feeder cattle price with respect to profit risk was small (-0.013). The risk elasticity...
Persistent link: https://www.econbiz.de/10005469217
This research evaluated forecasting accuracy of hedonic price models based on a number of different submarket assumptions. Using home sale data for the City of Knoxville and vicinities merged with geographic information, we found that forecasting housing prices with submarkets defined using...
Persistent link: https://www.econbiz.de/10005476758