Improving willingness-to-pay studies for traditional food products in developing countries: Evidence using repeated experiments

被引:0
|
作者
Animashaun, Jubril [1 ,2 ]
Awogbemi, Kofoworola A. [2 ]
Karim, Ramota [3 ]
Emediegwu, Lotanna E. [4 ]
机构
[1] Univ Manchester, Dept Econ, Manchester, England
[2] Univ Ilorin, Dept Agr Econ, Ilorin, Nigeria
[3] Univ Ilorin, Dept Home Econ & Food Sci, Ilorin, Nigeria
[4] Manchester Metropolitan Univ, Dept Econ Policy & Int Business, Manchester, England
关键词
preference for randomisation; WTP; revealed preferences; preference stability; HQCF; PREFERENCE STABILITY; CHOICE CONSISTENCY; HYPOTHETICAL BIAS; INNOVATION; BREAD;
D O I
10.53936/afjare.2024.19(1).3
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
Willingness-to-pay (WTP) studies for traditional food products are plausibly affected by unobserved decisions and strategic collusion between the experimenter and respondents. Similarly, WTP estimates in developing countries using a one-time survey might be inconsistent, as the acceptance of new products likely varies with exposure to product attributes. We use repeated experimentation, where subjects are randomised twice on treatments, to reduce hypothetical bias and account for dynamic convergences of consumers' preferences. We rely on longitudinal variation in treatments, which allows subjects' characteristics and setting to have little influence on WTP estimates. These experimental designs evaluated consumers' preferences for cakes from high-quality cassava flour (HQCF) and wheat flour mixtures in Nigeria. When analysed separately and combined in panels, we find a time- consistent, insignificant difference in consumers' preferences and WTP for all cake categories. Nonetheless, we find evidence of texture and moistness as favourable attributes of HQCF cakes. Intensifying agronomic research and processing techniques that enhance favourable attributes such as the texture and moistness of HQCF could improve acceptance.
引用
收藏
页码:35 / 53
页数:19
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