政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/71604

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政大機構典藏 > 商學院 > 統計學系 > 期刊論文 > Item 140.119/71604

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/71604

Title:	Using Stated-Preference and Prior Purchase Intention in the Estimation of Willingness to Pay a Premium for Genetically Modified Foods
Authors:	Chiang,Jeng-Tung;Lin,Chen-Yen;Fu,Tsu-Tan;Chen,Chen-Hsin 江振東
Contributors:	統計系
Date:	2012-04
Issue Date:	2014-11-20 18:12:21 (UTC+8)
Abstract:	This study provides an appropriate analytical approach using stated preference analysis and the contingent valuation method to investigate consumers’ willingness to pay a premium for genetically modified (GM) foods together with their prior purchase intentions. Although most analyses treat consumers’ attitudes and willingness to pay as separate issues, we introduce the idea of prior purchase intention to analyze these two issues as a whole. To achieve this purpose, a modeling technique invoking the multinomial logistic model and the accelerated failure time model is presented. Based on the data collected from an essential double-bounded design, our empirical results suggest that Taiwanese consumers are willing to pay a premium of about 11 NT dollars (7% of the given average market price of 150 NT dollars for the non-GM salmon) to avoid GM-soybean-fed salmon. In addition, the results of this study provide evidence that our stated-preference double-bounded design has a better-off statistical efficiency than the single-bounded one.
Relation:	Issue Agribusiness Agribusiness, 28(1), 103–117
Data Type:	article
DOI 連結:	http://dx.doi.org/10.1002/agr.20291
DOI:	10.1002/agr.20291
Appears in Collections:	[統計學系] 期刊論文

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