Artikel

Consumers' willingness to pay for natural food: Evidence from an artefactual field experiment

Among foods with credence attributes, food with "natural" components have received in the last years particular attention by consumers. This study applies the BDM incentive compatible mechanism to explore young (18-35 years old) consumers' interest and willingness to pay for chewing gums having the natural attribute. Our analysis shows that over 68% of consumers are interested in the natural attribute and are willing to pay a price premium. We also find that consumers' higher age and interest in the environment have significant impacts on consumers' preferences for the natural attribute.

Sprache
Englisch

Erschienen in
Journal: Agricultural and Food Economics ; ISSN: 2193-7532 ; Volume: 6 ; Year: 2018 ; Issue: 1 ; Pages: 1-10 ; Heidelberg: Springer

Klassifikation
Wirtschaft
Thema
Credence attributes
Chewing gum
BDM
Willingness to pay
Information effect

Ereignis
Geistige Schöpfung
(wer)
Migliore, Giuseppina
Borrello, Massimiliano
Lombardi, Alessia
Schifani, Giorgio
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2018

DOI
doi:10.1186/s40100-018-0117-1
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Migliore, Giuseppina
  • Borrello, Massimiliano
  • Lombardi, Alessia
  • Schifani, Giorgio
  • Springer

Entstanden

  • 2018

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