Investigating Consumer Demand and Willingness to Pay for Fresh, Local, Organic, and “On-the-Stalk” Edamame

Introduction of locally adapted, commercially viable edamame varieties can allow it to be marketed as fresh, local, organic, or on the stalk. Here, we utilized a one-and-one-half bounded (OOHB) elicitation format to estimate mean willingness to pay (WTP) for these external attributes in relation to...

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Main Authors: Nick Lord, Bo Zhang, Clinton L. Neill
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-08-01
Series:Frontiers in Sustainable Food Systems
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fsufs.2021.651505/full
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spelling doaj-4f0ee23bb4b8427d8af9686c7d08c5062021-09-03T22:21:20ZengFrontiers Media S.A.Frontiers in Sustainable Food Systems2571-581X2021-08-01510.3389/fsufs.2021.651505651505Investigating Consumer Demand and Willingness to Pay for Fresh, Local, Organic, and “On-the-Stalk” EdamameNick Lord0Bo Zhang1Clinton L. Neill2School of Plant and Environmental Sciences, Virginia Tech, Blacksburg, VA, United StatesSchool of Plant and Environmental Sciences, Virginia Tech, Blacksburg, VA, United StatesDepartment of Population Medicine and Diagnostic Sciences, Cornell University, Ithaca, NY, United StatesIntroduction of locally adapted, commercially viable edamame varieties can allow it to be marketed as fresh, local, organic, or on the stalk. Here, we utilized a one-and-one-half bounded (OOHB) elicitation format to estimate mean willingness to pay (WTP) for these external attributes in relation to a vector of explanatory variables. Results showed 84-, 85-, and 28-cent premiums for fresh, local, and organic edamame (10 oz). Pro-environmental attitudes drove WTP for all three of these attributes, while shopping location significantly increased mean WTP for fresh and organic attributes. A 40-cent price discount was observed for the “on-the-stalk” attribute, suggesting that convenience also plays an important role in marketing edamame. The results suggest that more research regarding edamame demand is warranted.https://www.frontiersin.org/articles/10.3389/fsufs.2021.651505/fullconsumer preferenceeconomicswillingness to payedamameorganiclocal
collection DOAJ
language English
format Article
sources DOAJ
author Nick Lord
Bo Zhang
Clinton L. Neill
spellingShingle Nick Lord
Bo Zhang
Clinton L. Neill
Investigating Consumer Demand and Willingness to Pay for Fresh, Local, Organic, and “On-the-Stalk” Edamame
Frontiers in Sustainable Food Systems
consumer preference
economics
willingness to pay
edamame
organic
local
author_facet Nick Lord
Bo Zhang
Clinton L. Neill
author_sort Nick Lord
title Investigating Consumer Demand and Willingness to Pay for Fresh, Local, Organic, and “On-the-Stalk” Edamame
title_short Investigating Consumer Demand and Willingness to Pay for Fresh, Local, Organic, and “On-the-Stalk” Edamame
title_full Investigating Consumer Demand and Willingness to Pay for Fresh, Local, Organic, and “On-the-Stalk” Edamame
title_fullStr Investigating Consumer Demand and Willingness to Pay for Fresh, Local, Organic, and “On-the-Stalk” Edamame
title_full_unstemmed Investigating Consumer Demand and Willingness to Pay for Fresh, Local, Organic, and “On-the-Stalk” Edamame
title_sort investigating consumer demand and willingness to pay for fresh, local, organic, and “on-the-stalk” edamame
publisher Frontiers Media S.A.
series Frontiers in Sustainable Food Systems
issn 2571-581X
publishDate 2021-08-01
description Introduction of locally adapted, commercially viable edamame varieties can allow it to be marketed as fresh, local, organic, or on the stalk. Here, we utilized a one-and-one-half bounded (OOHB) elicitation format to estimate mean willingness to pay (WTP) for these external attributes in relation to a vector of explanatory variables. Results showed 84-, 85-, and 28-cent premiums for fresh, local, and organic edamame (10 oz). Pro-environmental attitudes drove WTP for all three of these attributes, while shopping location significantly increased mean WTP for fresh and organic attributes. A 40-cent price discount was observed for the “on-the-stalk” attribute, suggesting that convenience also plays an important role in marketing edamame. The results suggest that more research regarding edamame demand is warranted.
topic consumer preference
economics
willingness to pay
edamame
organic
local
url https://www.frontiersin.org/articles/10.3389/fsufs.2021.651505/full
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