2018
DOI: 10.1111/agec.12456
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Value of labeling credence attributes—common structures and individual preferences

Abstract: This article analyzes the common preference structure underlying purchase intentions for food products labeled with credence attributes. In three consecutive, hypothetical discrete choice experiments, consumers selected pork, eggs, and pasta containing egg based on the attributes organic, local, animal welfare, certified "free of antibiotics," and price. The data were analyzed using structural choice modeling, a factor-analytic approach modeling latent sources of preference heterogeneity. The results of this a… Show more

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Cited by 27 publications
(18 citation statements)
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“…Among Polish egg consumers, price and farming system had the most important effect on preferences, and free-range eggs were preferred more than organic ones [43]. In Germany, the organic attribute of eggs was ranked after "free of antibiotics" both in raw and processed (pasta containing egg) format: WTP estimate for the organic egg was EUR 0.23 while for pasta only EUR 0.02 [44]. Swiss consumers would pay almost 32% more for organic eggs [45].…”
Section: Consumers' Preference and Perception Of Organic Labelled Foodmentioning
confidence: 99%
“…Among Polish egg consumers, price and farming system had the most important effect on preferences, and free-range eggs were preferred more than organic ones [43]. In Germany, the organic attribute of eggs was ranked after "free of antibiotics" both in raw and processed (pasta containing egg) format: WTP estimate for the organic egg was EUR 0.23 while for pasta only EUR 0.02 [44]. Swiss consumers would pay almost 32% more for organic eggs [45].…”
Section: Consumers' Preference and Perception Of Organic Labelled Foodmentioning
confidence: 99%
“…Credence attributes cannot be easily verified by consumers, and therefore, to influence demand, have to be believed (Dahlhausen et al., 2018). Consequently, the degree of trust in bodies that certify credence attributes should affect WTP—it is not whether regulations exist per se, but if consumers perceive them to be enforced and robust.…”
Section: Theoretical Framework and Hypothesesmentioning
confidence: 99%
“…A discrete choice experiment (DCE) concluded the survey to investigate landowners’ preferences for contract design for a hypothetical WWP. DCEs have been widely used to assess preferences for hypothetical products, services, and contracts, including conservation programs (e.g., see Chavez & Palma, ; Christensen et al., ; Dahlhausen, Rungie, & Roosen, ; Espinosa‐Goded et al., ; Greiner, Bliemer, & Ballweg, ; Hellerstein, Higgins, & Roberts, ; Ruto & Garrod, ; Schulz et al., ). They have been found to be particularly useful in determining how specific attributes affect choices and can allow for estimation of the marginal rate of substitution (MRS) between attributes (Garrod, Ruto, Willis, & Powe, ; Greiner et al., ; Lancsar & Savage, ).…”
Section: Methodsmentioning
confidence: 99%