Article
U.S. Consumers’ Valuation of Quality Attributes in Beef Products
Journal of Agricultural and Applied Economics
Document Type
Article
Disciplines
Publication Version
Published Version
Publication Date
1-1-2011
Abstract
A sample of U.S. consumers were surveyed in a choice based experiment in the Fall of 2005 and Spring 2006 to elicit consumers’ preferences for quality attributes in beef products. Based on the resulting data, a random coefficients logit model is estimated, and consumers’ willingness to pay for these quality attributes in beef products is obtained. The results indicate that consumers have strong valuation for traceability, grass-fed, and U.S. origin attributes in a standard rib-eye steak and are willing to pay a premium for these attributes.
Copyright Owner
Southern Agricultural Economics Association
Copyright Date
2011
Language
en
File Format
application/pdf
Citation Information
Babatunde O. Abidoye, Harun Bulut, John Lawrence, Brian Mennecke, et al.. "U.S. Consumers’ Valuation of Quality Attributes in Beef Products" Journal of Agricultural and Applied Economics Vol. 43 Iss. 1 (2011) p. 1 - 12 Available at: http://works.bepress.com/john-lawrence/75/
This is an article from Journal of Agricultural and Applied Economics 43 (2011): 1. Posted with permission.