scholarly journals Consumer preferences and willingness to pay for the health aspects of food

2011 ◽  
Vol 59 (4) ◽  
pp. 167-176 ◽  
Author(s):  
Simona Miškolci
Keyword(s):  
Czech Republic ◽  
Willingness To Pay ◽  
Food Systems ◽  
Consumer Preferences ◽  
Stated Preference ◽  
Contingent Valuation Method ◽  
Evaluation Studies ◽  
Secondary Data ◽  
Price Premium ◽  
The Czech Republic

Agri-food systems in the Czech Republic are currently undergoing a profound transformation toward high-value products. Appropriate policies are needed to guide this transformation, presupposing good understanding of consumer preferences. Having established a general framework for the analysis of food choice and quality perception, second part of the paper gives overview of results of stated preference evaluation studies conducted in the Czech Republic. The objective of secondary data analysis is to evaluate consumer preferences and willingness to pay for the food quality with the special attention to an evaluation of consumer preferences for health aspects of the food. The consumers’ relative preferences toward the different dimensions of a product’s quality are measured from the consumers’ perspective via their preference scores on various dimensions of quality derived from Analytic Hierarchy Process (AHP). Price premium consumers are willing to pay for the high quality product is investigated using Contingent valuation method (CV). In general, the empirical evidence supports the hypothesis that health ensuring and enhancing characteristics together with sensorial characteristics significantly affect consumers’ preferences for food and most consumers are willing to pay a price premium in order to ensure required quality of food.

scholarly journals Open Innovation Session as a Tool Supporting Innovativeness in Strategies for High-Tech Companies in the Czech Republic

Economies ◽  
2018 ◽  
Vol 6 (4) ◽  
pp. 69 ◽  
Author(s):  
Pavla Matulova ◽  
Petra Maresova ◽  
Mohammad Ali Tareq ◽  
Kamil Kuča
Keyword(s):  
Czech Republic ◽  
Open Innovation ◽  
Innovation Process ◽  
Secondary Data ◽  
Primary Objective ◽  
Primary Data ◽  
High Tech ◽  
Regional Government ◽  
The Czech Republic ◽  
General Managers

Open innovation has developed over several decades from a small pool of innovation pioneers, mostly active in high-tech industries, to be widely discussed and implemented in innovation strategy. The primary objective of the Open Innovation Session (OIS) is to create a platform where firms are able to facilitate knowledge transfer. This paper focuses on the contribution of OIS, implemented by regional government, in formulating companies’ strategic management and to overcome barriers to innovation for high-tech companies in the South Moravian region of the Czech Republic. The methodology adopted for this paper includes monitoring and analysing the activities of this programme over seven years, followed by a quantitative study using both primary and secondary data. The primary data for the research were gathered through questionnaires, where the respondents were general managers of companies that had at least some experience of an innovation process. Secondary data were taken from the Czech Statistical Office. This paper has found that the association between an aspiration for innovation leadership and expenditure for research and development is high, further that participation in OIS led to a shift in the perception of the objectives, needs and conditions of the business and finally the major barriers to the innovation process are a lack of highly motivated people with the necessary technical and business experience.

scholarly journals Environment carrying capacity and willingness to pay for bird-watching ecotourism in Kerandangan Natural Park, Lombok, Indonesia

2020 ◽  
Vol 21 (5) ◽  
Author(s):  
I Wayan Suana ◽  
Hilman Ahyadi ◽  
Gito Hadiprayitno ◽  
Saleh Amin ◽  
Lalu Achmad Tan Tilar Wangsajati Sukmaring Kalih ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Carrying Capacity ◽  
Contingent Valuation Method ◽  
Secondary Data ◽  
Observation Point ◽  
Valuation Method ◽  
Natural Park ◽  
Bird Watching ◽  
Guest House ◽  
The Status

Abstract. Suana IW, Ahyadi H, Hadiprayitno G, Amin S, Kalih LATTWS, Sudaryanto FX. 2020. Environment carrying capacity and willingness to pay for bird-watching ecotourism in Kerandangan Natural Park, Lombok, Indonesia. Biodiversitas 21: 2266-2274.  Five trails of interest to bird-watchers and an observation point by the guest house of Kerandangan Natural Park (KNP) have potential to be developed as bird-watching ecotourism packages. In order to develop sustainable bird-watching ecotourism in KNP, we analyzed the environment carrying capacity and willingness to pay (WTP) for bird-watching ecotourism packages. All of the trails and an observation point in KNP were explored to determine the width and length of the trails, the visit time, as well as the soil texture and slope along the trails. Interviews with KNP managers and secondary data from Meteorology, Climatology and Geophysics Council (BMKG)-Climatology Station Class I-West Lombok were also used to determine the status of biophysical habitats. The environment carrying capacity was calculated by combining the physical carrying capacity, real carrying capacity, and effective carrying capacity. The results show that environment carrying capacity of bird-watching ecotourism packages in KNP was higher than the actual visitation levels. It indicates that opportunity to develop and increase the number of visitors is considerable. WTP was determined by Contingent Valuation Method (CVM) with payment card approach. Through the brochure, 150 respondents were given information on bird-watching ecotourism packages, then are offered three options, and only allowed to choose one that can be paid. Data were collected by the incidental sampling method. The results show that the visitors are willing to pay for bird-watching ecotourism packages, with mean WTP of US$ 20.7 per visitor. It implies that they are willing to shoulder the financial support for management and conservation of birds and their habitat in KNP. The findings provide important information for KNP managers for planning and marketing bird-watching ecotourism in KNP.

scholarly journals Analysis of Consumer’s WTP for Cowpea Varieties in Osun State, Nigeria: the Hedonic Pricing Approach

2018 ◽  
Vol 6 (9) ◽  
pp. 1120 ◽  
Author(s):  
Rabirou Kassali ◽  
Abayomi Yusuf Oyewale ◽  
Olufemi Adedotun Yesufu
Keyword(s):  
Willingness To Pay ◽  
Consumer Preferences ◽  
Sampling Technique ◽  
Hedonic Pricing ◽  
Primary Data ◽  
Price Premium ◽  
Price Variation ◽  
Cowpea Varieties ◽  
Breeding Programmes ◽  
Almost All

Analysis of consumer preferences for cowpea varieties in Osun State was carried out with a view to identifying attributes that determine price variation among cowpea varieties and the effect on consumer’s willingness to pay for those varieties. A multistage sampling technique was used to randomly select 240 respondents for the study, comprising 180 cowpea consumers and 60 retailers. Primary data were collected on cowpea varieties, their attributes and the consumer’s willingness to pay for cowpea varieties using well structured questionnaire. Data collected were analysed using both descriptive and inferential statistics. The results showed that out of thirteen varieties found in the area, only nine varieties of cowpea were common in the market. The quality of each variety differs which explained variation in their price. In terms of preference the Oloyin variety is preferred most by 78% of consumers. Weevil resistance had the highest rank among the cowpea attributes. Oloyin had the highest WTP followed by Milk and Drum with ₦303, ₦237 and ₦213 per kg, respectively. Hedonic pricing methods provide a statistical estimate of premiums and discounts for cowpea attributes. Results indicated that weevil resistance was the most important attribute to consumer. Cowpeas with weevil damage tolerance, brown colour, large grain size and short cooking time commanded price premium for almost all the varieties. The consumer discounted prices for insect damage, small size, white colour, smooth skin and grain colour mixed together. The study concludes on the need for breeders and research institutes to incorporate these cowpea attributes that attracted price premium into their cowpea breeding programmes.

Quantifying the Impact of the COVID-19 Pandemic on Passenger Vehicle Drivers’ Willingness to Pay for Travel Time Savings and Reliability

2021 ◽  
pp. 036119812110388
Author(s):  
Tristan Cherry ◽  
Mark Fowler ◽  
Claire Goldhammer ◽  
Jeong Yun Kweun ◽  
Thomas Sherman ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Travel Time ◽  
Travel Behavior ◽  
Local Governments ◽  
Consumer Preferences ◽  
Stated Preference ◽  
Travel Time Reliability ◽  
Travel Time Savings ◽  
Time Savings ◽  
The Impact

The COVID-19 pandemic has fundamentally disrupted travel behavior and consumer preferences. To slow the spread of the virus, public health officials and state and local governments issued stay-at-home orders and, among other actions, closed nonessential businesses and educational facilities. The resulting recessionary effects have been particularly acute for U.S. toll roads, with an observed year-over-year decline in traffic and revenue of 50% to 90% in April and May 2020. These disruptions have also led to changes in the types of trip that travelers make and their frequency, their choice of travel mode, and their willingness to pay tolls for travel time savings and travel time reliability. This paper describes the results of travel behavior research conducted on behalf of the Virginia Department of Transportation before and during the COVID-19 pandemic in the National Capital Region of Washington, D.C., Maryland, and Northern Virginia. The research included a stated preference survey to estimate travelers’ willingness to pay for travel time savings and travel time reliability, to support forecasts of traffic and revenue for existing and proposed toll corridors. The survey collected data between December 2019 and June 2020. A comparison of the data collected before and during the pandemic shows widespread changes in travel behavior and a reduction in willingness to pay for travel time savings and travel time reliability across all traveler types, particularly for drivers making trips to or from work. These findings have significant implications for the return of travelers to toll corridors in the region and future forecasts of traffic and revenue.

Evaluace politiky cestovního ruchu ČR za období 2014-2020

2020 ◽  
Author(s):  
Andrea Holešinská
Keyword(s):  
Decision Making ◽  
Czech Republic ◽  
Secondary Data ◽  
Theoretical Background ◽  
The State ◽  
Decision Making Process ◽  
The Czech Republic ◽  
Global Trends ◽  
Role Of The State ◽  
Tourism Policy

The paper deals with the evaluation of the state tourism policy of the Czech Republic. Primarily it focuses on the accomplishment of the strategic document the Concept of the State Tourism Policy of the Czech Republic for 2014-2020. The activities related to particular measures are examined and as well as the implementation of tools used by the state tourism policy is analysed. The state tourism policy of the Czech Republic is also confronted with the theoretical background. Therefore, the attention is paid to the decision-making process, the legitimacy of state interference in tourism and the role of the state in tourism policy. It is emphasized that external factors (e.g. global trends or COVID-19) have an impact on the decision-making process and the direction of tourism policy. The paper is based on the qualitative analysis of documents, which is supported by the analysis of secondary data sources.

scholarly journals Determining Consumer Perceptions of and Willingness to Pay for Appalachian Grass-Fed Beef: An Experimental Economics Approach

2011 ◽  
Vol 40 (2) ◽  
pp. 233-250 ◽  
Author(s):  
Jason R. Evans ◽  
Gerard E. D'Souza ◽  
Alan Collins ◽  
Brown Cheryl ◽  
Mark Sperow
Keyword(s):  
Willingness To Pay ◽  
Experimental Economics ◽  
Consumer Preferences ◽  
Consumer Perceptions ◽  
Market Potential ◽  
Price Premium ◽  
Nutritional Content ◽  
Appalachian Region ◽  
Experimental Auction ◽  
Auction Mechanism

The focus of the current study was on the market potential for grass-fed beef in the Appalachian region, given that these products embody observed, experiential, nutritional, and process attributes that may appeal to a large consumer base. An in-store variant of the Becker-DeGroot-Marschack experimental auction mechanism was employed in the region to determine consumer preferences and willingness to pay. A majority of respondents preferred the grass-fed product over conventional grain-fed samples and were willing to pay a price premium to obtain it. Preferences for grass-fed were rooted largely in the associated superior nutritional content and core observed attributes.

scholarly journals Implementation of the CSR principles in the Czech football environment

2020 ◽  
Vol 14 (2) ◽  
pp. 39-49
Author(s):  
Vilém Kunz
Keyword(s):  
Content Analysis ◽  
Czech Republic ◽  
Data Analysis ◽  
Empirical Investigation ◽  
Secondary Data ◽  
Secondary Data Analysis ◽  
Current Situation ◽  
Structured Interviews ◽  
The Czech Republic

The goal of this article is especially to provide information about the current situation as it pertains to the application of CSR principles within the Czech football environment, both on the part of the executive bodies in Czech football (the Football Association of the Czech Republic – FACR and the League Football Association – LFA) and all the clubs participating in the top football competition in the Czech Republic. This article combines the conclusions from secondary data analysis, content analysis of websites (top managing bodies of Czech football and all participating clubs of the highest Czech football league) and the author’s own empirical investigation based on a series of semi-structured interviews.

scholarly journals Regional Brands as an Attribute of Product Quality

2017 ◽  
Vol 65 (6) ◽  
pp. 2131-2140 ◽  
Author(s):  
Lucie Vokáčová ◽  
Klára Margarisová ◽  
Jan Huml ◽  
Jiří Čerkasov
Keyword(s):  
Czech Republic ◽  
Secondary Data ◽  
Third Party ◽  
The Czech Republic ◽  
Quality Label ◽  
Perception Of Quality ◽  
Quality Of Products ◽  
Regional Product ◽  
Methodological Guidelines

Labelling of product origin arose spontaneously tradition and consumers automatically associated high quality or specific characteristics with such designations. Systems for labelling regional products have developed over time as third party activity, which assesses relevant criteria and guarantee their fulfilment by awarding a certificate. The aim of this paper is to define competitive environment in the designation of regional products in the Czech Republic and to demonstrate the link between regional product and quality. Part of the paper is identification of parameters determining the quality of products (in general) and the assessment of quality perception as one of the basic attributes of regional products. The article used secondary data from publicly available sources in the form of official web presentation of guarantors and coordinators of individual designation systems, methodological guidelines for granting and using brands, catalogues of certified products, etc. and presents partial results of research conducted via questionnaire survey, whose respondents are residents / visitors of various micro‑regions in the Czech Republic. The research shows that the perception of quality of products by a customer are not overly influenced by quality label, local origin (Czech product), or by labels in general. Doubts are also raised by the number of different certification systems. Regional brands provide space for differentiation from competitors, but only if they reach a unique position.

scholarly journals Corporate social responsibility in mining industry

2013 ◽  
Vol 61 (7) ◽  
pp. 2163-2170 ◽  
Author(s):  
Sylvie Gurská ◽  
Adriana Válová
Keyword(s):  
Corporate Social Responsibility ◽  
Czech Republic ◽  
Social Responsibility ◽  
Mining Industry ◽  
Secondary Data ◽  
Theoretical Concept ◽  
The Czech Republic ◽  
Core Country ◽  
The One ◽  
Corporate Social

This paper focuses on the comparison of corporate social responsibility in mining industry. It compares specific territorial areas of two different countries – one of them country that could be called as semi-periphery or even core country and the second one a periphery country. The first one is Czech Republic (Northern Bohemia area) and the second one is Zambia (Copperbelt area). CSR activities in Copperbelt have played primarily an ameliorative role in the context of significant social disruption and uncertainty in the wake of privatization. Some experts say there are still important gaps between mining companies’ CSR activities, on the one hand, and accountability and fairness, on the other. The CSR concept is relatively new in the Czech Republic – but more and more discussed and interesting for many firms. The Czech company “Severočeské doly” was one of the finalists of the national round of the competition “The European Corporate (Social) Responsibility Award” in 2007. The aim of this paper is to find the opportunities the companies working in this industry use, and how the system of CSR is developed. It analysis the areas they concentrate on in their CSR activities and compares it with theoretical concept. The comparison is based on secondary data as well as on personal experience of visiting both of these areas and companies.

scholarly journals Analysis of changes in meat and meat products consumption in the Czech Republic in the past ten years

2012 ◽  
Vol 51 (No. 9) ◽  
pp. 395-401
Author(s):  
L. Kubíčková ◽  
V. Šerhantová
Keyword(s):  
Czech Republic ◽  
Data Analysis ◽  
Consumer Behaviour ◽  
Meat Products ◽  
Secondary Data ◽  
Secondary Data Analysis ◽  
Key Factors ◽  
The Czech Republic ◽  
The Past

In the past ten years, meat and meat products consumption has changed dramatically. It has been caused by price and non-price factors. This article gives a brief recapitulation of the development of the consumption of meat and meat products and identifies the key factors which, in the past ten years, have had a major impact on this development. This article presents results of the secondary data analysis and the results of an inquiry into meat and meat products consumer behaviour carried out in the late 2004.

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