How Long to Read Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany

How Long Does it Take to Read Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany?

It takes the average reader 4 hours and 46 minutes to read Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany by Rebecca Illichmann

Assuming a reading speed of 250 words per minute. Learn more

Description

Over the last decade, the market for organic food products in Germany has grown steadily, as consumers become increasingly aware of credence characteristics of food products. The primary goal of this study is to integrate psychometric data into a choice experiment to examine preference heterogeneity among consumers and their willingness-to-pay for organic products. In particular, the role of trust and gender are considered in analysing both preferences and willingness-to-pay for organic products. The results of the mixed logit models reveal significant heterogeneity in preferences among consumers for the products examined. The second focus of this study is the effect of starting point bias on the willingness-to-pay estimates obtained. The use of different prices in the first choice set results in different distributions of choices and significantly different preferences and willingness-to-pay estimates in two otherwise identical choice set designs. The results of the latent class models indicate that consumers’ trust perceptions tend to significantly influence their preferences for organic food products. The findings of this study indicate that some consumer groups are willing to pay high price premiums for specific organic food products and, to some extent, for locally produced food. As there is consumer segmentation based on varying levels of trust and due to the heterogeneous preferences of the consumers, organic food marketing should increase its use of suitable communication strategies concerning quality attributes.

How long is Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany?

Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany by Rebecca Illichmann is 278 pages long, and a total of 71,724 words.

This makes it 94% the length of the average book. It also has 88% more words than the average book.

How Long Does it Take to Read Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 31 minutes to read Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany aloud.

What Reading Level is Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany?

Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany?

Preference Heterogeneity and Willingness-To-Pay for Organic Food Products in Germany by Rebecca Illichmann is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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