Publication Date:
2015-12-13
Description:
In this article, we employ a hypothetical discrete choice experiment to examine how much consumers are willing to pay to use technology to customize their food shopping. We conjecture that customized information provision can aid in the composition of a healthier shop. Our results reveal that consumers are prepared to pay relatively more for specific information as opposed to the generic nutritional information that is typically provided on food labels. In arriving at these results, we have examined various model specifications including those that use ex post de-briefing questions on attribute non-attendance and attribute-ranking information, and those that consider the time taken to complete the survey. Our main results are robust to the various model specifications we examine.
Print ISSN:
0002-9092
Electronic ISSN:
1467-8276
Topics:
Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition
,
Economics
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