| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Consumers Valuations and Choice Processes of Food Safety Enhancement Attributes: An International Study of Beef Consumers
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| Autores: |
Tonsor, Glynn T.
Schroeder, Ted C.
Pennings, Joost M.E.
Mintert, James R.
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| Data: |
2007-06-27
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| Ano: |
2007
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| Palavras-chave: |
Consumer beef preference
Food safety
Investment decision
Mixed logit
Willingness-to-pay
Demand and Price Analysis
Food Consumption/Nutrition/Food Safety
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| Resumo: |
Food safety concerns have had dramatic impacts on food and livestock markets in recent years. Here we examine consumer preferences for various beef food safety assurances. In particular, we evaluate the extent to which such preferences are heterogeneous within and across country-of-residence defined groups and examine the distributional nature of these preferences with respect to marginal improvements in food safety. We collected data from over 4,000 U.S., Canada, Japan, and Mexican consumers. Using mixed logit models we find that Japanese and Mexican consumers have WTP preferences that are nonlinear in the level of food safety risk reduction. Conversely, U.S .and Canadian consumers appear to possess linear preferences. These results suggest that optimal food safety investment strategies hinge critically upon consumer perception of actual food safety improvements, the distributional relationship describing the targeted consumer segment's tradeoff function between WTP premiums and risk reduction levels, and the cost structure of these investments.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
26285
http://purl.umn.edu/9976
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| Editor: |
AgEcon Search
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| Relação: |
American Agricultural Economics Association>2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon
Selected Paper 172970
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| Formato: |
32
application/pdf
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