Showing 251 - 260 of 310
Persistent link: https://www.econbiz.de/10014245351
In this paper, Chinese consumers' preferences and their willingness to pay (WTP) for non-genetically modified (GM) vegetable oil were elicited by a payment card approach. In addition to the conventional model, spike models, which were originally developed to evaluate public goods, were adopted...
Persistent link: https://www.econbiz.de/10005802690
Using a series of hurdle choice models, this study considers both nay-saying and yeah-saying to alternatives offered in a conjoint experiment. These behaviors are characterized by respondents persistently choosing the no-choice alternative or choosing at least one of the non-empty options...
Persistent link: https://www.econbiz.de/10005804676
This study incorporates reference point effects into a stated choice survey of consumer demand for food with credence attributes. Parametric tests can be applied to the utility function to examine the existence of reference price effects. Results are consistent with prospect theory in that...
Persistent link: https://www.econbiz.de/10005805406
This article introduces a discrete choice model which incorporates a nonlinear structural adjustment to the standard utility coefficients or decision weights. The proposed model is theoretically and empirically appealing when compared to several alternative approaches, and it can be estimated by...
Persistent link: https://www.econbiz.de/10005805413
Information has been proven to have significant impacts on consumers' behavior and willingness to pay (WTP). In this study, information on GM soybean oil is given in the form of real-life cases involving GM food. These cases recorded from actual media reports. Using a hybrid of the...
Persistent link: https://www.econbiz.de/10005805463
Chinese consumers’ choices among meat stores are examined through a model that can capture consumer heterogeneities both in their opinion of various store attributes and in how much weight they attach to each attribute. This approach not only informs store managers as to what attributes...
Persistent link: https://www.econbiz.de/10008543697
This study focuses on the management of a desert area. It utilizes survey data to assess visitors' preferences and values for several management strategies designed to alleviate conflicts in this region. The implications may help to understand management issues in other similar environments. The...
Persistent link: https://www.econbiz.de/10008498631
This article uses a case study involving Hawaii food baskets to show that although a choice based conjoint experiment can elicit respondents’ most preferred alternative, this “preferred†option may not be one that respondents are willing to purchase. Thus, a choice based...
Persistent link: https://www.econbiz.de/10008474585
We assess Canadian’s risk perceptions for genetically modified (GM) food and probe influences of socio-economic, demographic and other factors impinging on these perceptions. An internet-administered questionnaire with two stated choice split-sample experiments that approximate market choices...
Persistent link: https://www.econbiz.de/10004979579