Skip to main content
Article
Consumer Demand for Potato Products and Willingness-to-Pay for Low-Acrylamide, Sulfite-Free Fresh Potatoes and Dices: Evidence from Lab Auctions
Journal of Agricultural and Resource Economics
  • Katie Lacy, Iowa State University
  • Wallace E. Huffman, Iowa State University
Document Type
Article
Publication Version
Published Version
Publication Date
1-1-2016
Abstract

We assess consumer demand for traditional fresh potatoes and processed potato products and willingness to pay for new experimental low-acrylamide and sulfite-free potato products. Demand for fresh potatoes, potato chips, and fries is unaffected by household income or education, but demand for chips and fries is affected by consumer age and exercise habits. Subjects display increased willingness to pay for new potato products after receiving a private company perspective about the technology and risks associated with exposure to acrylamide, a carcinogen, in fried conventional potatoes and a new product, potato dices. We find that consumers are willing to pay for enhanced food safety in fresh potato products achieved using biotechnology.

Comments

This article is from Journal of Agricultural and Resource Economics 41 (2016): 116. Posted with permission.

Copyright Owner
Western Agricultural Economics Association
Language
en
File Format
application/pdf
Citation Information
Katie Lacy and Wallace E. Huffman. "Consumer Demand for Potato Products and Willingness-to-Pay for Low-Acrylamide, Sulfite-Free Fresh Potatoes and Dices: Evidence from Lab Auctions" Journal of Agricultural and Resource Economics Vol. 41 Iss. 1 (2016) p. 116 - 137
Available at: http://works.bepress.com/wallace-huffman/106/