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Credence Goods: A Labeling Problem?

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  • Renck, Ashley Wood

Abstract

The marketing of credence goods has the potential to increase revenue of agricultural producers. However, process attributes must be related to consumers effectively. This paper examines labeling issues of credence goods. Literature related to credence goods and process attributes is reviewed and the potential for labeled agricultural products is explored.

Suggested Citation

  • Renck, Ashley Wood, 2003. "Credence Goods: A Labeling Problem?," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35149, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeatm:35149
    DOI: 10.22004/ag.econ.35149
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    File URL: https://ageconsearch.umn.edu/record/35149/files/sp03re03.pdf
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    References listed on IDEAS

    as
    1. Bosch, Darrell J. & Zhu, Minkang & Kornegay, Ervin T., 1997. "Economic Returns From Reducing Poultry Litter Phosphorus With Microbial Phytase," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 29(2), pages 1-12, December.
    2. Pollak, Robert A & Wales, Terence J, 1978. "Estimation of Complete Demand Systems from Household Budget Data: The Linear and Quadratic Expenditure Systems," American Economic Review, American Economic Association, vol. 68(3), pages 348-359, June.
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    Cited by:

    1. Bett, H.K. & Peters, K.J. & Nwankwo, U.M. & Bokelmann, W., 2013. "Estimating consumer preferences and willingness to pay for the underutilised indigenous chicken products," Food Policy, Elsevier, vol. 41(C), pages 218-225.

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