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Full-Text Articles in Economics
On Consumers’ Valuation Of Nutritional Labels On Food Away From Home Products, Andreas Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.
On Consumers’ Valuation Of Nutritional Labels On Food Away From Home Products, Andreas Drichoutis, Panagiotis Lazaridis, Rodolfo M. Nayga, Jr.
Andreas Drichoutis
We examine consumers’ valuation for Food Away From Home (FAFH) products with and without nutritional labels using experimental auctions. We presented subjects with three different nutritional information schemes: a EU type label, a US type label and a Traffic Light (TL) label. Our results indicate that subjects bid more for the products with nutritional labels. However, among products with nutritional information, subjects’ willingness to pay values differ depending on the type of nutritional label.
Consumer Demand For Quality: Major Determinant For Agricultural And Food Trade In The Future?, Julie Caswell
Consumer Demand For Quality: Major Determinant For Agricultural And Food Trade In The Future?, Julie Caswell
Julie Caswell
The impact of consumer demand for quality on the agricultural and food system is an increased emphasis on quality differentiation but not all in the direction of upgrading quality. The more elite market segments are thriving and reaching growing numbers of consumers but the basic price/quality markets remain strong. Most recent economic studies find that consumers are willing to pay for food safety and other quality attributes, and for information about them. The magnitude of the valuations varies by food product, attribute, country, and study design. This literature and a case study of genetically modified foods suggest that consumer demand …
Measuring The Benefits Of Amenity Improvements In Hedonic Price Models, Timothy Bartik
Measuring The Benefits Of Amenity Improvements In Hedonic Price Models, Timothy Bartik
Timothy J. Bartik
No abstract provided.