What to Choose? The Value of Label Claims to Fresh Produce Consumers
Craig A. Bond,
Dawn Thilmany and
Jennifer Keeling Bond
Journal of Agricultural and Resource Economics, 2008, vol. 33, issue 3, 26
Abstract:
We examine consumer response to label information using a hypothetical choice experiment on red leaf lettuce attribute bundles. Using survey responses, several mixed logit models with random parameters and varying correlation assumptions are estimated that provide estimated of marginal utilities ( and marginal values) of various attributes related to general health claims, specific nutrition and health claims, certification logos, and certified organic claims (relative to the conventional reference group) for this fresh produce product. We find that consumers distinguish between labeling claims, and that attribute bundling effects are present, suggesting the results from main effects (linear) models may be misleading. Furthermore, the results imply that consumers may value both privately and publicly appropriable benefits of alternative technologies, such as organic production.
Keywords: Food; Consumption/Nutrition/Food; Safety (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (11)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlaare:46559
DOI: 10.22004/ag.econ.46559
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