Oyster Demand Adjustments to Counter-Information and Source Treatments in Response to Vibrio vulnificus

O. Ashton Morgan, Gregory S. Martin and William L. Huth

Journal of Agricultural and Applied Economics, 2009, vol. 41, issue 3, 14

Abstract: A web-based contingent behavior analysis was developed to quantify the effect of both negative and positive information treatments and post harvest processes on demand for oysters. Results from a panel model indicate that consumers of raw and cooked oysters behave differently after news of an oyster-related human mortality. While cooked oyster consumers take precautionary measures against risk, raw oyster consumers exhibit optimistic bias and increase their consumption level. Further, by varying the source of a counter-information treatment, we find that source credibility impacts behavior. Oyster consumers, and in particular, raw oyster consumers, are most responsive to information provided by a not-for- profit, nongovernmental organization. Finally, post harvest processing of oysters has no impact on demand.

Keywords: Agribusiness; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Institutional and Behavioral Economics (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:56656

DOI: 10.22004/ag.econ.56656

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