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| Miljkovic, Dragan; Gong, Jian; Lehrke, Linda. |
| Trivial or irrelevant attributes are defined as attributes that do not create a meaningful difference in a brand’s performance. The objective of this paper is to determine if and how trivial attributes affect consumers in their choice of variety/brands of food products including frozen green beans, orange juice, canola oil, and frosted strawberry toaster pastries. Sixty subjects participated in the experiment. Subjects understood that trivial attributes are less important than substantive attributes. Substantive (important) quality attributes and economic variables affecting choice were all perceived equal across brands by the subjects in the experiment. Two critical driving forces in determining the presence and direction of the effect of a trivial... |
| Tipo: Journal Article |
Palavras-chave: Consumer choice; Food products; Product attributes; Promotional attributes; Choice set size; Trivial attributes; Agribusiness. |
| Ano: 2009 |
URL: http://purl.umn.edu/55557 |
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| Rude, James; Meilke, Karl D.. |
| The opportunities and challenges of incorporating accurate policy representations into institutional partial equilibrium commodity models were investigated. Six issues are raised: commodity space definition, vertical linkages, assessing market power, the changing nature of government support, trade policy, and data requirements. The importance of product attributes and different approaches to modeling product differentiation are considered. A case study of food safety is used to bring together the major issues. Although institutional commodity models still have a role to play, we advocate the use of smaller idiosyncratic models to address many of the relevant policy questions in a rapidly changing sector. |
| Tipo: Journal Article |
Palavras-chave: Commodity models; Food safety; Policy; Product attributes; F13; Q17; Q18. |
| Ano: 2004 |
URL: http://purl.umn.edu/43419 |
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| Huang, Chung L.; Lin, Biing-Hwan. |
| The food habits and dietary patterns of American consumers are changing and they are increasingly demanding food products that possess certain attributes relating to how the food was produced or processed. The objectives of the study are to analyze household purchase of fresh tomatoes and to determine the magnitudes of the price premium paid for the organic tomatoes by estimating a hedonic price model. The study uses the 2003 ACNielsen Homescan panel data. The data set represents a nationally representative panel of U.S. households, which provide food purchase data for at-home consumption. For empirical implementation, parameters of the hedonic model were estimated using the Box-Cox transformation procedure. The results indicated that consumers value the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Box-Cox transformation; Fresh tomatoes; Hedonic price; Organic produce; Product attributes; Crop Production/Industries; D1; Q11. |
| Ano: 2006 |
URL: http://purl.umn.edu/25404 |
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| Regmi, Anita; Unnevehr, Laurian J.. |
| Whether food demand is "converging" is tested in two ways. First, the convergence of food expenditures among 18 high-income countries is examined from 1990 to 2004. Convergence is apparent in total expenditures, cereals, and meats, even after correcting for differences in income and levels of protection. Second, specific food retailing and product introduction patterns are examined for the US, Canada, and four northern European countries for the past two decades. These show increasing shares for retail outlets selling standardized products, and increased preference for convenience, upscale, and natural product attributes across all six countries. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food expenditures; Product attributes; Convergence; Demand and Price Analysis; D12; Q18. |
| Ano: 2005 |
URL: http://purl.umn.edu/24687 |
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