Measuring quantity-constrained and maximum prices consumers are willing to pay for quality improvements: the case of organic beef meat

Alessandro Corsi and Novelli Silvia ()
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Novelli Silvia: University of Turin, http://www.est.unito.it/

Department of Economics and Statistics Cognetti de Martiis. Working Papers from University of Turin

Abstract: In this paper, models for estimating the maximum price consumers are willing to pay (MPWTP) for organic beef meat, and 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.

Pages: 16 pages
Date: 2002-12
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Related works:
Working Paper: Measuring Quantity-Constrained and Maximum Prices Consumers are Willing to Pay for Quality Improvements: the Case of Organic Beef Meat (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:uto:dipeco:200207

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