Willingness-to-pay for food safety: an experimental investigation of quality certification on bidding behaviour

被引:47
作者
Rozan, A
Stenger, A
Willinger, M
机构
[1] Univ Strasbourg, PEGE, BETA, F-67000 Strasbourg, France
[2] INRA, ENGREF, Nancy, France
[3] Univ Montpellier, F-34059 Montpellier, France
关键词
willingness-to-pay; BDM; second price auction; food safety; experimental economics;
D O I
10.1093/erae/31.4.409
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
We study the impact of new information about food safety on subjects' willingness-to-pay for food products, in an experimental setting. We elicit prices using either a second price auction or the Becker-DeGroot-Marschak procedure. There are three stages of bidding. In stage 1, subjects bid for products without any information. In stage 2, public information about health impact is provided. In stage 3, new certified products become available, and subjects bid then for non-certified and certified products. The introduction of certified products induces an asymmetric updating of initial bids, bids for non-certified products are lowered, but bids for certified products remain equal to the initial bids.
引用
收藏
页码:409 / 425
页数:17
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