Heterogeneous Preferences for Oysters: Evidence from Field Experiments
Tongzhe Li,
Maik Kecinski and
Kent Messer ()
Agricultural and Resource Economics Review, 2017, vol. 46, issue 2, 296-314
Abstract:
This study uses field experiments to investigate consumer preferences for oysters. In total, 486 adult participants completed a series of revealed-preference dichotomous-choice tasks and a demographic survey. Using a random effects logit model, we investigate factors that influence participants’ decisions to purchase oysters. As expected, price had a significant negative effect, while income had a positive effect. Older individuals and those who were relatively selective regarding shell color or smell are less likely to buy oysters, but consumers who valued size, oyster species, and harvest location were willing to pay more.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:46:y:2017:i:02:p:296-314_00
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