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| Chang, Jae Bong; Lusk, Jayson L.; Norwood, F. Bailey. |
| This paper analyzes price differentials among conventional, cage-free, organic, and Omega-3 eggs using retail scanner data from two regional markets and the United States as a whole. Results reveal significant premiums attributable to cage-free (a 57% premium on average) and organic (an 85% premium on average). However, significant variation exists among geographic locations; price premiums for organic over conventional eggs in Dallas are almost twice as high as those in San Francisco. Estimates indicate that about 42% of the typically observed premium for cage-free eggs over conventional eggs (and 36% of the premium for organic eggs) can be attributed to egg color rather than differences in hens’ living conditions. Despite the large implicit price... |
| Tipo: Journal Article |
Palavras-chave: Animal welfare; Cage-free; Eggs; Free-range; Hedonic; Organic; Demand and Price Analysis; Livestock Production/Industries. |
| Ano: 2010 |
URL: http://purl.umn.edu/97855 |
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| Chang, Jae Bong; Lusk, Jayson L.. |
| Recent findings from behavioral economics suggest people are concerned about the fairness and inequality in simple distribution experiments. This study sought to determine whether such considerations also carry over to food choice. A conjoint-type experiment was developed and administered to a random sample of the U.S. population via mail survey to determine whether consumers, when purchasing food products, are concerned about the distribution of benefits across the participants in the agricultural supply chain (small farmers, large farmers, agribusiness, supermarkets, and the consumer) and to determine the extent to which the fairness models proposed in the general economics literature (and variants on these models) explain food choice. Results... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Food Consumption/Nutrition/Food Safety. |
| Ano: 2008 |
URL: http://purl.umn.edu/6414 |
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| Chang, Jae Bong; Lusk, Jayson L.; Norwood, F. Bailey. |
| We compare the ability of three preference elicitation methods (hypothetical choices, non-hypothetical choices, and non-hypothetical rankings) and three discrete-choice econometric models (the multinomial logit, the independent availability logit, and the random parameter logit) to predict actual retail shopping behavior in three different product categories (ground beef, wheat flour, and dishwashing liquid). Overall, across all methods, we find a reasonably high level of external validity. Our results suggest that the non-hypothetical elicitation approaches, especially the non-hypothetical ranking, outperformed the hypothetical choice experiment in predicting retail sales. We also find that the random parameter logit can have superior predictive... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Contingent valuation; Choice experiments; Experimental economics; External validity; Field experiment; Agribusiness; Consumer/Household Economics; Marketing; Research Methods/ Statistical Methods. |
| Ano: 2008 |
URL: http://purl.umn.edu/43600 |
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