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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
References: View references in EconPapers View complete reference list from CitEc
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) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:iaae03:25900

DOI: 10.22004/ag.econ.25900

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