Record Details

Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal

CGSpace

View Archive Info
 
 
Field Value
 
Title Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal
 
Creator Demont, M.
Rutsaert, Pieter
Ndour, M.
Verbeke, W.
Seck, P.A.
Tollens, E.
 
Subject committees
associations
 
Description We propose a collective induction treatment as an aggregator of information and preferences, which enables testing whether consumer preferences for food quality elicited through experimental auctions are robust to aggregation. We develop a two-stage estimation method based on social judgement scheme theory to identify the determinants of social influence in collective induction. Our method is tested in a market experiment aiming to assess consumers' willingness-to-pay for rice quality in Senegal. No significant choice shift was observed after collective induction, which suggests that consumer preferences for rice quality are robust to aggregation. Almost three quarters of social influence captured by the model and the variables was explained by social status, market expertise and information
 
Date 2013-03-01
2021-12-06T12:34:10Z
2021-12-06T12:34:10Z
 
Type Journal Article
 
Identifier Demont, M. Rutsaert, P. Ndour, M. Verbeke, W. Seck, P. A. Tollens, E. Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal. European Review of Agricultural Economics. 2012, Volume 40, Issue 2:261–286.
0165-1587
https://hdl.handle.net/10568/116561
https://doi.org/10.1093/erae/jbs021
 
Language en
 
Rights Other
Limited Access
 
Format p. 261-286
 
Publisher Oxford University Press
 
Source European Review of Agricultural Economics