Willingness-to-pay for food safety: An experimental investigation of quality certification on bidding behaviour

Anne Rozan, Anne Stenger () and Marc Willinger

Framed Field Experiments from The Field Experiments Website

Abstract: We study the impact of new information about food safety on subjects' willingness-to-pay for food products, in an experimental setting. We elicit prices using either a second price auction or the Becker-DeGroot-Marschak procedure. There are three stages of bidding. In stage 1, subjects bid for products without any information. In stage 2, public information about health impact is provided. In stage 3, new certified products become available, and subjects bid then for non-certified and certified products. The introduction of certified products induces an asymmetric updating of initial bids, bids for non-certified products are lowered, but bids for certified products remain equal to the initial bids.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (45)

Downloads: (external link)
http://s3.amazonaws.com/fieldexperiments-papers2/papers/00197.pdf

Related works:
Working Paper: Willingness-to-Pay for Food Safety: An Experimental Investigation of Quality Certification on Bidding Behaviour (2004)
Working Paper: Willingness-to-pay for food safety: an experimental investigation of quality certification on bidding behavior (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:feb:framed:00197

Access Statistics for this paper

More papers in Framed Field Experiments from The Field Experiments Website
Bibliographic data for series maintained by Francesca Pagnotta ().