The Survey of Heterogeneity on Organic Products Consumers’ Preferences Using Mixed Logit and Latent Class Models

In this article, we apply a choice experiment meth-od to examine consumers’ preferences for online food product attributes, using survey data for German consumers for meat products. We use both mixed logit and latent class models to analyze preference heterogeneity and sources of heterogeneity, as well as endogenous attribute attendance models to account for consumers’ attribute processing strategies. The empirical results reveal significant heterogeneity in preferences for online meat attributes among consumers. We also find that consumers’ willingness to pay estimates are highly influenced by their attribute processing strategies.

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Smallholder preferences and willingness-to-pay measures for microcredit

China Agricultural Economic Review ◽

10.1108/caer-02-2017-0022 ◽

2018 ◽

Vol 10 (3) ◽

pp. 462-481 ◽

Cited By ~ 3

Author(s):

Zhao Ding ◽

Awudu Abdulai

Keyword(s):

Willingness To Pay ◽

Interest Rates ◽

Latent Class ◽

Smallholder Farmers ◽

Mixed Logit ◽

Latent Class Models ◽

Preference Heterogeneity ◽

Content Type ◽

Lower Interest Rate ◽

Class Models

Purpose The purpose of this paper is to examine smallholders’ preferences and willingness to pay for microcredit products with varying attribute combinations, in order to contribute to the debate on the optimal design of rural microcredit. Design/methodology/approach Data used in this study are based on a discrete choice experiment from 552 randomly selected respondents. Mixed logit and latent class models are estimated to examine the choice probability and sources of preference heterogeneity. Endogenous attribute attendance models are applied to account for attribute non-attendance (ANA) phenomenon, focusing on separate non-attendance probability as well as joint non-attendance probability. Findings The results demonstrate that preference heterogeneity and ANA exist in the smallholder farmers’ microcredit choices. Averagely, smallholder farmers prefer longer credit period, smaller credit size, lower transaction costs and lower interest rate. Guarantor collateral method and installment repayment positively affect their preferences as well. Moreover, respondents are found to be willing to pay more for the attributes they consider important. The microcredit providers are able to attract new customers under the current interest rates, if the combination of attributes is appropriately adjusted. Originality/value This study contributes to the debate by assessing the preference trade-off of different microcredit attributes more comprehensively than in previous analyses, by taking preference heterogeneity and ANA into account.

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Investigation of driver injury severities in rural single-vehicle crashes under rain conditions using mixed logit and latent class models

Accident Analysis & Prevention ◽

10.1016/j.aap.2018.12.020 ◽

2019 ◽

Vol 124 ◽

pp. 219-229 ◽

Cited By ~ 17

Author(s):

Zhenning Li ◽

Yusheng Ci ◽

Cong Chen ◽

Guohui Zhang ◽

Qiong Wu ◽

...

Keyword(s):

Latent Class ◽

Mixed Logit ◽

Latent Class Models ◽

Vehicle Crashes ◽

Single Vehicle ◽

Injury Severities ◽

Class Models

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SELECTION OF BREEDING STOCK BY U.S. MEAT GOAT PRODUCERS

Journal of Agricultural and Applied Economics ◽

10.1017/aae.2017.6 ◽

2017 ◽

Vol 49 (3) ◽

pp. 416-437 ◽

Cited By ~ 1

Author(s):

NARAYAN NYAUPANE ◽

JEFFREY GILLESPIE ◽

KENNETH MCMILLIN ◽

ROBERT HARRISON ◽

ISAAC SITIENEI

Keyword(s):

Latent Class ◽

Mixed Logit ◽

Nationwide Survey ◽

Latent Class Models ◽

Discrete Choice Experiments ◽

Preference Heterogeneity ◽

Breeding Stock ◽

Meat Goat ◽

Class Models ◽

Selection Of

AbstractUsing nationwide survey data, we investigate U.S. meat goat producer preferences and willingness to pay for meat goat breeding stock attributes. Discrete choice experiments were employed, and mixed logit and latent class models were used for analysis. Results showed that producers preferred animals that were highly masculine/feminine, had good structure and soundness, and were of the Boer breed, whereas they preferred fewer animals that were older, of Kiko and Spanish breeds, and priced higher. Significant preference heterogeneity was found among the respondents. Larger-scale producers had greater preference for high masculinity/femininity, good structure and soundness, and Boer bucks.

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