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dc.contributor.authorGriffith, Rachelen_US
dc.contributor.authorNesheim, Larsen_US
dc.date.accessioned2012-10-10T13:03:04Z-
dc.date.available2012-10-10T13:03:04Z-
dc.date.issued2008en_US
dc.identifier.pidoi:10.1920/wp.cem.2008.1808en_US
dc.identifier.urihttp://hdl.handle.net/10419/64765-
dc.description.abstractWe use hedonic prices and purchase quantities to consider what can be learned about household willingness to pay for baskets of organic products and how this varies across households. We use rich scanner data on food purchases by a large number of households to compute household specific lower and upper bounds on willingness to pay for various baskets of organic products. These bounds provide information about willingness to pay for organic without imposing restrictive assumptions on preferences. We show that the reasons households are willing to pay vary, with quality being the most important, health concerns coming second, and environmental concerns lagging far behind. We also show how these methods can be used for example by stores to provide robust upper bounds on the revenue implication of introducing a new line of organic products.en_US
dc.language.isoengen_US
dc.publisherCentre for Microdata Methods and Practice Londonen_US
dc.relation.ispartofseriescemmap working paper CWP18/08en_US
dc.subject.jelD12en_US
dc.subject.jelL11en_US
dc.subject.jelL81en_US
dc.subject.jelQ51en_US
dc.subject.jelC81en_US
dc.subject.ddc330en_US
dc.subject.stwHaushaltsökonomiken_US
dc.subject.stwWillingness to payen_US
dc.subject.stwBiokosten_US
dc.subject.stwHedonischer Preisindexen_US
dc.subject.stwGroßbritannienen_US
dc.titleHousehold willingness to pay for organic productsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn574283994en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:cemmap working papers, Centre for Microdata Methods and Practice, Institute for Fiscal Studies (IFS)

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