Measuring Quantity-Constrained and Maximum Prices Consumers are Willing to Pay for Quality Improvements: the Case of Organic Beef Meat

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Measuring Quantity-Constrained and Maximum Prices Consumers are Willing to Pay for Quality Improvements: the Case of Organic Beef Meat

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Corsi, Alessandro
Novelli, Silvia

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Alessandro Corsi

Abstract

In this paper, models for estimating the maximum price consumers are willing to pay (MPWTP) for organic beef meat, and the maximum quantity-constrained price (i.e., when buying the same quantity they bought of regular meat) consumers are willing to pay (MQCP), are presented. To this purpose, the relevant theoretical and econometric approaches are presented, based on the RUM model and on a Contingent Valuation technique.

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Paper provided by International Association of Agricultural Economists in its series 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa with number 25900.

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Date of creation: 2003
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Handle: RePEc:ags:iaae03:25900

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Paper
- Novelli Silvia & Corsi Alessandro, 2002. "Measuring quantity-constrained and maximum prices consumers are willing to pay for quality improvements:the case of organic beef meat," Department of Economics Working Papers 200207, University of Turin. [Downloadable!]

References listed on IDEAS
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Huang, Chung L, 1996. "Consumer Preferences and Attitudes towards Organically Grown Produce," European Review of Agricultural Economics, Oxford University Press for the Foundation for the European Review of Agricultural Economics, vol. 23(3), pages 331-42.

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Rodriguez, Elsa & Lacaze, Victoria & Lupin, Beatriz, 2007. "Willingness to pay for organic food in Argentina: Evidence from a consumer survey," 105th Seminar, March 8-10, 2007, Bologna, Italy 7873, European Association of Agricultural Economists. [Downloadable!]
Pozo, Veronica & Saak, Alexander & Hanawa-Peterson, Hikaru, 2009. "Product Origin and Reputation for Quality: the Case of Organic Foods," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49503, Agricultural and Applied Economics Association. [Downloadable!]

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