Consumers' Food Choices with Voluntary Access to Genetic Modification Information
Abstract"The effects on product choices of voluntarily accessed information are examined in the context of an experimental survey relating to genetically modified food. The data and analysis in this study avoid the assumption that information made available or given to consumers is equivalent to information processed by consumers. Instead we focus on information access behavior. Three different approaches to model this behavior are applied in a Bayesian estimation framework, including conditional logit (CL) models based on the full sample, ex post analysis of individual parameters from mixed logit models, and CL models within the different information scenarios. All three approaches give consistent results. However, the assumption of voluntary information access generates different results than assuming that all information is processed. The results of the analysis show that different types of information do have impacts on consumers' product choices. The nature of these effects appears to be influenced by voluntary access to information." Copyright 2006 Canadian Agricultural Economics Society.
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Bibliographic InfoArticle provided by Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie in its journal Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie.
Volume (Year): 54 (2006)
Issue (Month): 4 (December)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0008-3976
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- Matin, Anahita Hosseini & Goddard, Ellen, 2013. "A Comparative Analysis of Canadian Consumers’ WTP for Novel Food Technologies (Case of Juice Produced by Nanotechnology & Pork Chops Using Genomic Information)," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150461, Agricultural and Applied Economics Association.
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2008 Annual Meeting, July 27-29, 2008, Orlando, Florida
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- Menapace, Luisa & Colson, Gregory J. & Grebitus, Carola & Facendola, Maria, 2009. "Consumer Preferences for Country-Of-Origin, Geographical Indication, and Protected Designation of Origin Labels," Staff General Research Papers 13122, Iowa State University, Department of Economics.
- Kipperberg, Gorm & Larson, Douglas M, 2010. "Heterogenous Preferences for Community Recyling Programs," UiS Working Papers in Economics and Finance 2010/5, University of Stavanger.
- Hu, Wuyang, 2007. "A Choice Model with Systematic Structures in Decision Weights," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 32(03), December.
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