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  • 标题:Consumer WTP for Blueberry Attributes: A Hierarchical Bayesian Approach in the WTP Space
  • 本地全文:下载
  • 作者:Shi, Lijia ; House, Lisa ; Gao, Zhifeng
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2011
  • 期号:Suppl
  • 出版社:Journal of Agribusiness
  • 摘要:A stated preference experiment is conducted to elicit consumer WTPs for various blueberry attributes. The mixed logit model is employed to account for consumer heterogeneity. The model is set up in the WTP space where the distributions of WTPs are directly specified. Considering the high diversity of consumer perception and the remarkable benefits from differential marketing, we apply the hierarchical Bayesian approach and the discussion is based on the individual level WTP estimates. The results show that “local produced” attribute is preferred over simply “produced in the U.S.” by most respondents. By contrast, less than 50% of the respondents are willing to pay premium for organic blueberries. In addition, hardly any relationship between demographics and WTPs is detected. Demographic information seems to have little explanation power for consumer perception in small purchases like fruits or vegetables. In this light, the hierarchical Bayesian approach is critical to the practice of differential marketing strategies.
  • 关键词:Willingness to Pay;Blueberry Attributes;Mixed Logit;Preference Space;WTP Space;Hierarchical Bayesian;Differential Marketing
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