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With a declining share of the domestic meat market, some beef producers are becoming more attentive to opportunities for value-added products tailored to the desires of certain consumer segments. Using a survey of St. Louis and Kansas City, Missouri meat consumers, this study investigates...
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This paper explores the tradeoffs that agricultural economists accept for current levels of information contained in two U.S. Department of Agriculture livestock reports. Our analysis compares the components of a report to its value in improving understanding of market dynamics, expense,...
Persistent link: https://www.econbiz.de/10011068844
This article uses national, quarterly data to conduct an empirical analysis of pre-committed meat and fish demand by US and Japanese households using the Generalized Almost Ideal Demand System (GAIDS). US consumers are found to hold pre-committed demand for beef and pork, while Japanese...
Persistent link: https://www.econbiz.de/10005477016
Building on existing work evaluating food-attribute labels, we use data collected in 2010 from a national web-based survey of 1,002 households to examine consumer inferences and valuations of food products promoted as “sustainably produced.†A best-worst scale framework was implemented...
Persistent link: https://www.econbiz.de/10010879380
The ability of a firm to differentiate their product hinges critically on an accurate understanding of the perceptions consumers hold regarding the implications of a credence labeling claim. Building upon existing work evaluating other food attribute labels (e.g., genetically-modified products,...
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