Measuring Quantity-Constrained and Maximum Prices Consumers are Willing to Pay for Quality Improvements: the Case of Organic Beef Meat
Alessandro Corsi and
Silvia Novelli
No 25900, 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa from International Association of Agricultural Economists
Abstract:
In this paper, models for estimating the maximum price consumers are willing to pay (MPWTP) for organic beef meat, and the maximum quantity-constrained price (i.e., when buying the same quantity they bought of regular meat) consumers are willing to pay (MQCP), are presented. To this purpose, the relevant theoretical and econometric approaches are presented, based on the RUM model and on a Contingent Valuation technique.
Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 17
Date: 2003
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Citations: View citations in EconPapers (6)
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Working Paper: Measuring quantity-constrained and maximum prices consumers are willing to pay for quality improvements: the case of organic beef meat (2002) 
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae03:25900
DOI: 10.22004/ag.econ.25900
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