Role of Credence and Health Information in Determining US Consumers’ Willingness-to-Pay for Grass-Finished Beef
Role of Credence and Health Information in Determining US Consumers’ Willingness-to-Pay for Grass-Finished Beef
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信用和健康信息在确定美国消费者购买草成品牛肉的意愿中的作用
DOI:
10.1111/j.1467-8489.2009.00466.x
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发表时间:
2009
期刊:
影响因子:
--
通讯作者:
Curt Lacy
中科院分区:
文献类型:
--
作者:
W. Umberger;P. Boxall;Curt Lacy
Consumer demand for forage- or grass-finished beef is rapidly emerging in the US. This research uses data elicited from consumer surveys and experimental auctions to provide insight on product attributes (taste/flavour, credence and nutritional characteristics) and socio-demographic factors that are most important in determining US consumers’ preferences and willingness to pay premiums for grass-finished versus grain-finished beef. Information related to beef production processes increased the probability consumers would be willing to pay a premium for grass-fed beef. However, it appears that health-related messages are more important drivers of willingness-to-pay, on average, than the absence of antibiotics and supplemental hormones and traceability. Labelling information regarding grass-fed beef’s nutritional content and related production processes is vital for maintaining and growing premium niche markets for grass-fed beef in the US. The relative size of the willingness to pay estimates compared to previous cost estimates suggest that the Australian beef industry may have a comparative advantage for finishing beef on forage and marketing premium grass-fed differentiated beef products in the US market.