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Pavlovian processes in consumer choice : the physical presence of a good increases willingness-to-pay

Bushong, Benjamin; King, Lindsay M.; Camerer, Colin; … - In: The American economic review 100 (2010) 4, pp. 1556-1571

Persistent link: https://www.econbiz.de/10008747593

Consumers' rationality and home-grown values for healthy and environmentally sustainable food

Cerroni, Simone; Watson, Verity; Macdiarmid, Jennie I. - In: Bio-based and applied economics 8 (2019) 2, pp. 101-132

benefits of policy interventions. The paper reports the results of an experiment that combines induced value and home …-grown value elicitation procedures. Home-grown values are elicited for a public food policy. The experiment has two treatments … that differ in the elicitation technique: secondprice Vickrey auction and discrete choice experiment. For each technique …

Persistent link: https://www.econbiz.de/10012263861

Choice, deferral, and consistency

Costa‐Gomes, Miguel A.; Cueva, Carlos; Gerasimou, Georgios - In: Quantitative economics : QE ; journal of the … 13 (2022) 3, pp. 1297-1318

We report on two novel choice experiments with real goods where subjects in one treatment are forced to choose, as is the norm in economic experiments, while in the other they are not but can instead incur a small cost to defer choice. Using a variety of measures, we find that the active choices...

Persistent link: https://www.econbiz.de/10013382078

Sustainability trade-offs in animal husbandry : consumers' choice when they can't have it all

Klink-Lehmann, Jeanette; Tatic, Milan; Weingarten, Nina; … - In: Q open : a journal of agricultural, climate, … 3 (2023) 2, pp. 1-25

This paper investigates consumer choices in the presence of conflicting goals, with and without information making conflicts salient. An experimental online study was conducted with a sample of German consumers, focusing on pig farming. The results show that personal health benefits outweigh...

Persistent link: https://www.econbiz.de/10014500728

The role of context definition in choice experiments : a methodological proposal based on customized scenarios

Boncinelli, Fabio; Moneti, Maria; Gerini, Francesca; … - In: Wine Economics and Policy 9 (2020) 2, pp. 49-62

experiment as close to actual market conditions as possible. In particular, when dealing with products characterized by a large … number of attributes, the construction of the experiment poses the issue of how to express the choice question providing … render the conditions of the experiment more realistic. This methodology is applied to the case study of wine and is …

Persistent link: https://www.econbiz.de/10012510880

Warm glow and consumers' valuation of ethically certified products

Iweala, Sarah; Spiller, Achim; Nayga, Rodolfo M.; … - In: Q open : a journal of agricultural, climate, … 2 (2022) 2, pp. 1-21

A number of self-beneficial motives can trigger pro-environmental and prosocial behavior of individuals. We focus on the role of the warm glow of giving-the personal benefit people experience when doing good irrespective of the consequences-in the valuation of ethically certified food products....

Persistent link: https://www.econbiz.de/10013486110

The price penalty on meat substitutes : consumers prefer reduced meat portions over novel meat alternatives and authentic vegetarian dishes : final stage of a registered report

Lemken, Dominic; Langen, Nina - In: Q open : a journal of agricultural, climate, … 3 (2023) 1, pp. 1-27

implemented a peer-reviewed and pre-registered (https://doi.org/10.1371/journal.pone.0252675) conjoint experiment to elicit the … WTP across three popular beef dishes and three reduction options each. The conjoint experiment includes the dish …

Persistent link: https://www.econbiz.de/10014423490

Influence of the endowment effect on the valuation of goods : an experimental verification

Gawrońska, Magdalena - In: E-Finanse : finansowy kwartalnik internetowy 11 (2015) 1, pp. 86-96

economic experiment was used. Its results were analyzed with the use of descriptive statistics and econometric methods. The …

Persistent link: https://www.econbiz.de/10011393281

Initial endowment effects in multi-unit vickrey auctions

Akaichi, Faical; Nayga, Rodolfo M.; Gil, José María - In: Advances in management & applied economics 2 (2012) 4, pp. 41-55

We report the result of experiments designed to assess the effect of initial endowments on willingness to pay values elicited from multi-unit Vickrey auctions. Comparing bids from an “endow and upgrade” approach with the “full bidding” approach, we find that the direction of the...

Persistent link: https://www.econbiz.de/10009718032

An evaluation of simulated network in the hierarchical spatial autoregressive model : homophily based interactions matter for the consumption behaviours

Łashkiewicz, Edyta - In: Economic and environmental studies : a journal for … 15 (2015) 2, pp. 231-247

The aim of the paper is an examination wheatear the social spillover of consumption behaviours differs for the homophily and heterophily based structure of interactions. As an approximation of agents' behaviours households' expenditures with the reference person attributes were used. The...

Persistent link: https://www.econbiz.de/10011419328

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