Does the order of presentation of extrinsic and intrinsic quality attributes matter when eliciting willingness to pay?

Author(s):  
Dolores Garrido ◽  
R. Karina Gallardo ◽  
Carolyn F. Ross ◽  
Maria Laura Montero ◽  
Juming Tang
2015 ◽  
Vol 93 (1) ◽  
pp. 433-441 ◽  
Author(s):  
R. G. L. Murphy ◽  
S. T. Howard ◽  
D. R. Woerner ◽  
D. L. Pendell ◽  
C. L. Dixon ◽  
...  

2012 ◽  
Vol 44 (4) ◽  
pp. 447-459 ◽  
Author(s):  
Chanjin Chung ◽  
Brian C. Briggeman ◽  
Sungill Han

A latent segmentation modeling is used in this study to identify the heterogeneity of willingness-to-pay estimates for quality attributes and country-of-origin in the Korean beef market. Three distinctive groups of grocery shoppers are identified based on their level of concern (very, moderately, and not too concerned) about the use of antibiotics and genetically modified organism feed ingredients in beef production. Results indicate that the very concerned group values such attributes as antibiotics-free, genetically modified organism-free, and domestic production the most among the three groups. Results also suggest that the most important factor in determining grocery shoppers' willingness-to-pay is country-of-origin for all three groups.


2019 ◽  
Vol 34 (4) ◽  
Author(s):  
Jahangir Khan ◽  
Syed Attaullah Shah ◽  
Khurram Nawaz Saddozai ◽  
Muhammad Fayaz ◽  
Shahid Ali ◽  
...  

Author(s):  
Ted C. Schroeder ◽  
Glynn T. Tonsor

Consumer demand for meat is constantly changing and agricultural economists have been prolifically researching this change. The purpose of this article is to give an overview of demand for meat quality attributes and it discusses implications for industry stakeholders and policymakers. Discussion focuses especially on demand for red meat quality attributes by consumers in the United States and Europe. It mentions that properly specified meat demand models require variables capturing changing consumer lifestyles and preferences for specific meat quality attributes if models are to be of value in understanding consumer behavior. It also shows the overall patterns in meat demand. It assesses how consumer demand for meat quality attributes is influencing consumer meat purchasing decisions. Numerous economic experiments and surveys reveal that consumers are willing to pay more for products they perceive possess intrinsic quality attributes they want.


2011 ◽  
Vol 43 (1) ◽  
pp. 1-12 ◽  
Author(s):  
Babatunde O. Abidoye ◽  
Harun Bulut ◽  
John D. Lawrence ◽  
Brian Mennecke ◽  
Anthony M. Townsend

A sample of U.S. consumers were surveyed in a choice based experiment in the Fall of 2005 and Spring 2006 to elicit Consumers' preferences for quality attributes in beef products. Based on the resulting data, a random coefficients logit model is estimated, and Consumers' willingness to pay for these quality attributes in beef products is obtained. The results indicate that consumers have strong valuation for traceability, grass-fed, and U.S. origin attributes in a standard rib-eye steak and are willing to pay a premium for these attributes.


2015 ◽  
Vol 41 ◽  
pp. 225-236 ◽  
Author(s):  
Thong Tien Nguyen ◽  
Wolfgang Haider ◽  
Hans Stubbe Solgaard ◽  
Lars Ravn-Jonsen ◽  
Eva Roth

2008 ◽  
pp. 1005-1012 ◽  
Author(s):  
A.S. Pinto ◽  
G. Barreiro ◽  
A. Fragata ◽  
P. Combris ◽  
E. Giraud-Héraud

2020 ◽  
Vol 12 (1) ◽  
Author(s):  
Pei Nen Esther Chee ◽  
Yusak O. Susilo ◽  
Yiik Diew Wong ◽  
Anna Pernestål

Abstract Introduction Travel demand and travel satisfaction of a transport service are affected by user perceptions of the service quality attributes, and such perceptions should be included in studying user willingness-to-pay (WTP) for automated vehicle (AV) services. This study applied structural equation modelling with service quality attribute perceptions as latent variables affecting WTP. Objectives We investigated how WTP AV services are affected by socio-demographic characteristics, knowledge and experiences with AV, existing travel modes and particularly, perceptions of the associated service quality attributes. The AV services are: 1) on-demand personalised AV (PAV) service, 2) demand responsive shared AV (SAV) service, and 3) first−/last-mile automated bus (AB) service. Methods The data were collected from 584 potential users of a first−/last-mile AB service trial operated in Kista, Stockholm. Results Results show people hold different expectations towards each type of AV service. These expectations act as the minimum requirements for people to pay for the AV services. Respondents are found to be willing to pay more for PAV service if it is safe, provides good ride comfort, and is competitively priced relative to the price travelling by metro and train over a same distance. Other than service quality attribute perceptions, income level, existing travel modes for daily trips, familiarity with automated driving technology and AB ride experience are important factors affecting WTP for the AV services. Conclusion The developed model can be applied to understand expectations of potential users towards a new AV service, and to identify user groups who are willing to pay the service. New AV services can thus be designed sensibly according to users’ actual needs.


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