Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/64765 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorGriffith, Rachelen
dc.contributor.authorNesheim, Larsen
dc.date.accessioned2012-10-10T13:03:04Z-
dc.date.available2012-10-10T13:03:04Z-
dc.date.issued2008-
dc.identifier.pidoi:10.1920/wp.cem.2008.1808en
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
dc.language.isoengen
dc.publisher|aCentre for Microdata Methods and Practice (cemmap) |cLondonen
dc.relation.ispartofseries|acemmap working paper |xCWP18/08en
dc.subject.jelD12en
dc.subject.jelL11en
dc.subject.jelL81en
dc.subject.jelQ51en
dc.subject.jelC81en
dc.subject.ddc330en
dc.subject.stwHaushaltsökonomiken
dc.subject.stwWillingness to payen
dc.subject.stwBiokosten
dc.subject.stwHedonischer Preisindexen
dc.subject.stwGroßbritannienen
dc.titleHousehold willingness to pay for organic products-
dc.typeWorking Paperen
dc.identifier.ppn574283994en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:ifs:cemmap:18/08en

Files in This Item:
File
Size
413.68 kB





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