Download or read book Effects of Additional Quality Attributes on Consumer Willingness to pay for Food Labels written by Zhifeng Gao and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effects of Label Information on Consumer Willingness To Pay for Food Attributes written by Zhifeng Gao and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Choice experiments (CEs) are often used to elicit consumer willingness-to-pay (WTP) for food attributes. A concern about these approaches is that food attributes provided to respondents are assumed independent of attributes not provided. We use surveys containing a series of CEs to investigate effects of adding beef steak attributes. WTP for important attributes in the CEs decrease when the number of attributes increases from three to four, while WTP increases when the number of attributes increases from four to five. Changes in WTP for attributes depend on their relationships with newly added attributes and the number of attributes presented.
Download or read book Economics of Food Labeling Scholar s Choice Edition written by Elise Golan and published by . This book was released on 2015-02-16 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book The Oxford Handbook of the Economics of Food Consumption and Policy written by Jayson L. Lusk and published by Oxford Handbooks. This book was released on 2013-08-15 with total page 923 pages. Available in PDF, EPUB and Kindle. Book excerpt: First reference on food consumption and policy.
Download or read book Consumer Perception of Food Attributes written by Shigeru Matsumoto and published by CRC Press. This book was released on 2018-06-19 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food credence attributes are food features that are difficult to verify even after consumption. Consumers, today, are concerned about many food credence attributes, including animal rights, contamination risk, fair trade practice, genetic modification, geographical origin, and organic farming. For the past several decades, many scholars have analyzed the value consumers place on credence attributes and have reported that consumers will pay a premium for foods with these desirable properties. In addition, their studies reveal that individual consumers place greater importance on some credence attributes than others. For example, some are seriously concerned about animal welfare, while others are solely concerned about food safety. One of the objectives of this book is to summarize recent empirical findings from scholarly works on how consumers value food credence attributes. Such knowledge would benefit producers, processors, retailers, and policy makers. Another objective of this book is to discuss the effectiveness of the programs that have been introduced to strengthen the relationship between producers and consumers. Many programs have been developed to more effectively inform consumers regarding food production processes.
Download or read book Label Position and Its Impact on Willingness to Pay for Products Containing Genetically Modified Organisms written by Ruskin Gautam and published by . This book was released on 2017 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food labels play an important role in communicating information. Labels provide information about production techniques, nutrition and ingredient information, and quality of a product (i.e. federal grade standards for eggs, U.S.D.A. quality grades on beef and pork). These are some of the key product attributes that consumers seek while making purchasing decisions. However, labels can be confusing and misleading and at times consumers simply ignore them. Research on the placement and effectiveness of labels conducted over the past few decades have found that information on the label influences buying habits. Food manufacturers could strategically use or place such attributes of labels to signal quality, shroud information or to influence the overall demand for the products. Recent legislation on mandatory labeling of foods containing genetically modified (GM) ingredients provides information about GM ingredients through the Internet or toll-free telephone numbers. However, accessing information through such mediums could increase search costs for consumers and allows firms to hide information about GM products. This goes against the original stated motivation for mandatory GM labeling--to provide transparency in food labels. In this research an experimental auction was conducted to determine consumers' willingness to pay (WTP) for GM foods by placing GM information either on the front or the back label of food products to determine whether the position of the information affected consumer choices. Participants stated their WTP for twelve food items in a total of six rounds; within each round they examined and bid on two similar products, one containing GM ingredients and the other free of GM ingredients. No significant differences in WTP were found between front and back labeled products. Also, we analyzed participants' characteristics to measure the effect on WTP, and we found several of the participant characteristics to have significant impacts on WTP.
Download or read book Traditional Foods written by Kristberg Kristbergsson and published by Springer. This book was released on 2016-03-09 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume of the Trilogy of Traditional Foods, part of the ISEKI Food Series, covers general and consumer aspects of traditional foods. It offers numerous recipes of traditional foods from across the world, with some chapters providing detailed descriptions on how to mix, cook, bake or store a particular food item in order to produce the desired effect. Traditional Foods; General and Consumer Aspects is divided into six sections. The first section focuses on general aspects of traditional foods and covers the perception of traditional foods and some general descriptions of traditional foods in different countries. This is followed by sections on Traditional Dairy Products, Traditional Cereal Based Products, Traditional Meat and Fish Products, Traditional Beverages and Traditional Deserts, Side Dishes and Oil products from various countries. The international List of Contributors, which includes authors from China, Bulgaria, Portugal, France, Norway, Romania, Slovakia, and Brazil, to name a few, shows its truly international perspective. The volume caters to the practicing food professional as well as the interested reader.
Download or read book Global Food Trade and Consumer Demand for Quality written by Barry Krissoff and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumers have always been concerned about the quality, and particularly the safety, of the foods they eat. In recent years this concern has taken on additional prominence. Consumer focus on food safety has been sharpened by reports about new risks, such as that posed by "mad cow" disease, and about more familiar sources of risk, such as food borne pathogens, pesticides, and hormones. At the same time, some consumers are in creasingly interested in knowing more about how their food is produced and in selecting products based on production practices. Some of the questions consumers are asking in clude whether food is produced with the use of modern biotechnology, whether it is or ganically produced, how animals are treated in meat and egg production systems, and whether food is produced using traditional methods. Recent trends also show increased consumer demand for a variety of food products that are fresh, tasty, and available on a year-round basis. This has fostered increased global trade in food. For example, consumers in temperate climates such as North America are able to buy raspberries throughout the year, and Europeans can enjoy South American coffee. Trade in processed food products is actually increasing more rapidly than trade in agricultural commodities, further addressing the demand for variety among consumers.
Download or read book The Psychology of Food Safety and Consumption written by Fu-Sheng Tsai and published by Frontiers Media SA. This book was released on 2022-01-10 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Preference Heterogeneity and Willingness To Pay for Organic Food Products in Germany written by Rebecca Illichmann and published by Cuvillier Verlag. This book was released on 2014-03-07 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last decade, the market for organic food products in Germany has grown steadily, as consumers become increasingly aware of credence characteristics of food products. The primary goal of this study is to integrate psychometric data into a choice experiment to examine preference heterogeneity among consumers and their willingness-to-pay for organic products. In particular, the role of trust and gender are considered in analysing both preferences and willingness-to-pay for organic products. The results of the mixed logit models reveal significant heterogeneity in preferences among consumers for the products examined. The second focus of this study is the effect of starting point bias on the willingness-to-pay estimates obtained. The use of different prices in the first choice set results in different distributions of choices and significantly different preferences and willingness-to-pay estimates in two otherwise identical choice set designs. The results of the latent class models indicate that consumers’ trust perceptions tend to significantly influence their preferences for organic food products. The findings of this study indicate that some consumer groups are willing to pay high price premiums for specific organic food products and, to some extent, for locally produced food. As there is consumer segmentation based on varying levels of trust and due to the heterogeneous preferences of the consumers, organic food marketing should increase its use of suitable communication strategies concerning quality attributes.
Download or read book Impact of Healthy Food Labels on Consumer Choice and Valuation written by Mattingly Perlinger and published by . This book was released on 2016 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The obesity epidemic is prevalent across the entire United States, but minority communities are affected most of all. The Rosebud Indian Reservation in South Dakota is a minority community that has been particularly affected by the obesity epidemic, exhibiting higher rates of obesity and lower life expectancy than the rest of the country. In this study we conducted a hypothetical choice experiment to test the effectiveness of three healthy food labels in increasing the likelihood of consumers choosing to purchase healthy products. We also calculated the consumer willingness to pay for each of these labels and examined differences in label effectiveness between different demographic characteristics. We found that a culturally relevant label was effective across all demographic groups, but only when accompanied by information that it was produced with input from the local population. We also found that overweight and non-overweight consumers respond differently to different labels. Finally, we found that consumers are willing to pay a premium for products containing the most effective healthy food labels.
Download or read book Consumer Perception of Food Attributes written by Shigeru Matsumoto and published by CRC Press. This book was released on 2018-06-19 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food credence attributes are food features that are difficult to verify even after consumption. Consumers, today, are concerned about many food credence attributes, including animal rights, contamination risk, fair trade practice, genetic modification, geographical origin, and organic farming. For the past several decades, many scholars have analyzed the value consumers place on credence attributes and have reported that consumers will pay a premium for foods with these desirable properties. In addition, their studies reveal that individual consumers place greater importance on some credence attributes than others. For example, some are seriously concerned about animal welfare, while others are solely concerned about food safety. One of the objectives of this book is to summarize recent empirical findings from scholarly works on how consumers value food credence attributes. Such knowledge would benefit producers, processors, retailers, and policy makers. Another objective of this book is to discuss the effectiveness of the programs that have been introduced to strengthen the relationship between producers and consumers. Many programs have been developed to more effectively inform consumers regarding food production processes.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2007-10 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Economic Report written by Vivian D. Wiser and published by . This book was released on 1981 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Label Effect written by Mackil and published by Tredition Gmbh. This book was released on 2024-07-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food labels are more than just ingredient lists; they're powerful tools shaping consumer choices. Transparency on these labels drives a revolution in food production. Firstly, transparency empowers consumers. By clearly disclosing information about farming practices, ingredients, and even environmental impact, labels allow consumers to align their purchases with their values. This could mean choosing cage-free eggs or organic produce. Secondly, transparency fosters trust. When consumers can see exactly what's in their food and how it's produced, they feel confident about their choices. This trust translates into brand loyalty and a willingness to pay a premium for products with transparent labeling. Finally, transparency pushes the food industry towards a more sustainable future. By highlighting eco-friendly practices, labels incentivize farms to adopt responsible methods. This creates a market advantage for those who prioritize ethical and environmentally conscious production. The Label Effect is clear: transparency is no longer a nicety, it's a driving force in the food industry. By embracing it, food producers can empower consumers, build trust, and pave the way for a more responsible and sustainable future for our plates.
Download or read book Applications of Simulation Methods in Environmental and Resource Economics written by Riccardo Scarpa and published by Springer Science & Business Media. This book was released on 2005-08-12 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Simulation methods are revolutionizing the practice of applied economic analysis. In this book, leading researchers from around the world discuss interpretation issues, similarities and differences across alternative models, and propose practical solutions for the choice of the model and programming. Case studies show the practical use and the results brought forth by the different methods.
Download or read book Staff Paper written by and published by . This book was released on 2008-08 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
