Consumer Perceptions and Olive Oil Choice: An Integrated Machine-Learning Approach for Measurement, Segmentation, and Prediction

Youmin Li

No 404522, 2026 Annual Meeting, July 26 - 28, 2026, Kansas City, Missouri from Agricultural and Applied Economics Association

Abstract: For agricultural food economic studies, rich survey instruments capture meaningful heterogeneity, but conventional empirical specifications can become sensitive to co-linearity and endogeneity. This study recognized how consumer perceptions shape olive oil consumption choices, combining unsupervised learning for data quality and structure detection with supervised models for prediction and inference. Using exploratory factor analysis to condense multi-item perception constructs, clustering to identify respondent archetypes and remove low-quality responses, and penalized models ensembles to predict consumption preference, we quantify (i) which perceptions matter most (EFA-PCA), (ii) how effects vary across consumer segments (Cluster and SEM), and (iii) out-of-sample performance under K-fold cross-validation. Results indicate that quality perceptions, taste imagery and price sensitivity are the dominant drivers, with heterogeneity across income and region.

Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
Pages: 26
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea26:404522

DOI: 10.22004/ag.econ.404522

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