Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/105713
Authors: 
Gschwandtner, Adelina
Year of Publication: 
2014
Series/Report no.: 
School of Economics Discussion Papers 1411
Abstract: 
The present paper attempts to bring further evidence on the behavioural gap for organic food in Britain. The stated preferences are analysed by contingent valuation, while the revealed preferences are estimated by hedonic pricing. A small but significant gap in the premium for organic food between stated and revealed preferences has been found. This gap may suggest a need for price premium intervention. The estimated price elasticity for organic products is on average above one in absolute value suggesting that a pricing policy could be very effective.
Subjects: 
Contingent Valuation
Hedonic Pricing Method
Convergent Validity
Behavioral Gap
Organic Food
Price Premium
JEL: 
H29
Q18
Q21
Document Type: 
Working Paper

Files in This Item:
File
Size
905.47 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.