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Consequentiality Beliefs And Consumer Valuation Of Extrinsic Attributes In Beef

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  • LI, XIAOGU
  • JENSEN, KIMBERLY L.
  • LAMBERT, DAYTON M.
  • CLARK, CHRISTOPHER D.

Abstract

This study measures willingness to pay (WTP) for extrinsic attributes (Angus, local, DNA traceable, raised carbon friendly, and humanely treated cattle) in steak and ground beef using choice-based experiments from a national consumer survey. Belief that survey responses could have consequences on beef products offered by the steak and ground beef industry is investigated, as well as its effect on attribute WTP. For most attributes, belief in consequentiality increases WTP. Results suggest that although consequentiality believers tend to place greater importance on certain food industry issues, they are less certain about the attribute's provision actually effecting change in the industry.

Suggested Citation

  • Li, Xiaogu & Jensen, Kimberly L. & Lambert, Dayton M. & Clark, Christopher D., 2018. "Consequentiality Beliefs And Consumer Valuation Of Extrinsic Attributes In Beef," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 50(1), pages 1-26, February.
    • Handle: RePEc:cup:jagaec:v:50:y:2018:i:01:p:1-26_00
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    Citations

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    Cited by:

    1. Zawojska, Ewa & Bartczak, Anna & Czajkowski, Mikołaj, 2019. "Disentangling the effects of policy and payment consequentiality and risk attitudes on stated preferences," Journal of Environmental Economics and Management, Elsevier, vol. 93(C), pages 63-84.
    2. Zawojska, Ewa & Gastineau, Pascal & Mahieu, Pierre-Alexandre & Cheze, Benoit & Paris, Anthony, 2021. "Measuring policy consequentiality perceptions in stated preference surveys," 2021 Annual Meeting, August 1-3, Austin, Texas 313977, Agricultural and Applied Economics Association.
    3. Deely, John & Hynes, Stephen & Barquín, José & Burgess, Diane & Álvarez-Martínez, Jose Manuel & Silió, Ana & Finney, Graham, 2022. "Are consumers willing to pay for beef that has been produced without the use of uncontrolled burning methods? A contingent valuation study in North-West Spain," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 577-590.
    4. Lingling Xu & Xixi Yang & Linhai Wu & Xiujuan Chen & Lu Chen & Fu-Sheng Tsai, 2019. "Consumers’ Willingness to Pay for Food with Information on Animal Welfare, Lean Meat Essence Detection, and Traceability," IJERPH, MDPI, vol. 16(19), pages 1-22, September.
    5. Tobias Börger & Tenaw G. Abate & Margrethe Aanesen & Ewa Zawojska, 2021. "Payment and Policy Consequentiality in Dichotomous Choice Contingent Valuation: Experimental Design Effects on Self-Reported Perceptions," Land Economics, University of Wisconsin Press, vol. 97(2), pages 407-424.
    6. Yejun Choi & Dayton M. Lambert & Kimberly L. Jensen & Christopher D. Clark & Burton C. English & McKenzie Thomas, 2020. "Rank-Ordered Analysis of Consumer Preferences for the Attributes of a Value-Added Biofuel Co-Product," Sustainability, MDPI, vol. 12(6), pages 1-17, March.
    7. Santeramo, Fabio Gaetano & Lamonaca, Emilia, 2020. "Objective risk and subjective risk: The role of information in food supply chains," MPRA Paper 104515, University Library of Munich, Germany.
    8. Iryna Printezis & Carola Grebitus & Stefan Hirsch, 2019. "The price is right!? A meta-regression analysis on willingness to pay for local food," PLOS ONE, Public Library of Science, vol. 14(5), pages 1-23, May.
    9. Khachatryan, Hayk & Rihn, Alicia & Wei, Xuan, 2021. "Consumers’ Preferences for Eco-labels on Plants: The Influence of Trust and Consequentiality Perceptions," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 91(C).

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