Are consumers in developing countries willing to pay more for micronutrient-dense biofortified foods? Evidence from a field experiment in Uganda
Chowdhury, Shyamal, Meenakshi, J.V., Tomlins, Keith I. and Owori, Constance (2011) Are consumers in developing countries willing to pay more for micronutrient-dense biofortified foods? Evidence from a field experiment in Uganda. American Journal of Agricultural Economics, 93 (1). pp. 83-97. ISSN 0002-9092 (Print), 1467-8276 (Online) (doi:10.1093/ajae/aaq121)Full text not available from this repository.
Vitamin A deficiency is a major health problem in Africa and in many other developing countries. Biofortified staple crops that are high in pro-vitamin A have the potential to reduce the prevalence of vitamin A deficiency. Using a choice experiment with the real product in Uganda, we quantify the magnitude of the premium or discount in consumers’ willingness-to-pay (WTP) that may be associated with it. Results suggest that taste plays an important role in consumer acceptance, and the provision of nutrition information does translate into substantial premiums for the biofortified variety. There is a substantial hypothetical bias in the WTP for the new varieties, and while cheap talk mitigates this bias, it does not eliminate it.
|Additional Information:|| First published online: January 10, 2011.  Published in print: January 2011.  Published as: American Journal of Agricultural Economics, (2011), Vol. 93, (1), pp. 83-97.  The American Journal of Agricultural Economics is published on behalf of Agricultural and Applied Economics Association.|
|Uncontrolled Keywords:||cheap talk, choice experiments, hypothetical bias, nutrition|
|Subjects:||S Agriculture > S Agriculture (General)|
|School / Department / Research Groups:||Natural Resources Institute
Faculty of Engineering & Science > Natural Resources Institute
Natural Resources Institute > Food & Markets
Faculty of Engineering & Science > Natural Resources Institute > Food & Markets
|Last Modified:||02 Jul 2013 14:50|
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