|
|
|
|
|
Kimenju, Simon Chege; De Groote, Hugo; Morawetz, Ulrich B.. |
For quite a while, stated preferences have been a major tool to measure consumer preferences for new products and services. Revealed preference methods, in particular experimental economics, have gained popularity recently because they have been shown to be more incentive compatible, and therefore more accurate. However, this advantage comes at the expense of higher survey costs. In the developing countries with limited funding for research, it is important to determine whether the extra cost can be justified by the extra gain in accuracy. A survey of 100 farmers was carried out in Western Kenya to determine consumer preference for yellow maize using the contingent valuation, choice experiments and experimental auction methods. Experimental auctions... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Kenya; Maize; Consumer; Experimental auctions; Stated preference; WTP; Crop Production/Industries; Food Consumption/Nutrition/Food Safety; D6; Q12. |
Ano: 2006 |
URL: http://purl.umn.edu/25642 |
| |
|
| |
|
| |
|
|
|