Measuring Quantity-Constrained and Maximum Prices Consumers are Willing to Pay for Quality Improvements: the Case of Organic Beef Meat

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.

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Year of publication:	2003
Authors:	Corsi, Alessandro ; Novelli, Silvia
Institutions:	International Association of Agricultural Economists - IAAE
Subject:	Organic meat \| willingness-to-pay \| double-bounded probit \| Livestock Production/Industries

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Extent:	application/pdf
Series:	2003 Annual Meeting, August 16-22, 2003, Durban, South Africa.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa Number 25900
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005801154