Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal
We propose a collective induction treatment as an aggregator of information and preferences, which enables testing whether consumer preferences for food quality elicited through experimental auctions are robust to aggregation. We develop a two-stage estimation method based on social judgement scheme...
| Main Authors: | , , , , , |
|---|---|
| Format: | Journal Article |
| Language: | Inglés |
| Published: |
Oxford University Press
2013
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/116561 |
| _version_ | 1855528584872984576 |
|---|---|
| author | Demont, M. Rutsaert, Pieter Ndour, M. Verbeke, W. Seck, P.A. Tollens, E. |
| author_browse | Demont, M. Ndour, M. Rutsaert, Pieter Seck, P.A. Tollens, E. Verbeke, W. |
| author_facet | Demont, M. Rutsaert, Pieter Ndour, M. Verbeke, W. Seck, P.A. Tollens, E. |
| author_sort | Demont, M. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | We propose a collective induction treatment as an aggregator of information and preferences, which enables testing whether consumer preferences for food quality elicited through experimental auctions are robust to aggregation. We develop a two-stage estimation method based on social judgement scheme theory to identify the determinants of social influence in collective induction. Our method is tested in a market experiment aiming to assess consumers' willingness-to-pay for rice quality in Senegal. No significant choice shift was observed after collective induction, which suggests that consumer preferences for rice quality are robust to aggregation. Almost three quarters of social influence captured by the model and the variables was explained by social status, market expertise and information |
| format | Journal Article |
| id | CGSpace116561 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | Oxford University Press |
| publisherStr | Oxford University Press |
| record_format | dspace |
| spelling | CGSpace1165612023-12-08T19:36:04Z Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal Demont, M. Rutsaert, Pieter Ndour, M. Verbeke, W. Seck, P.A. Tollens, E. committees associations We propose a collective induction treatment as an aggregator of information and preferences, which enables testing whether consumer preferences for food quality elicited through experimental auctions are robust to aggregation. We develop a two-stage estimation method based on social judgement scheme theory to identify the determinants of social influence in collective induction. Our method is tested in a market experiment aiming to assess consumers' willingness-to-pay for rice quality in Senegal. No significant choice shift was observed after collective induction, which suggests that consumer preferences for rice quality are robust to aggregation. Almost three quarters of social influence captured by the model and the variables was explained by social status, market expertise and information 2013-03-01 2021-12-06T12:34:10Z 2021-12-06T12:34:10Z Journal Article https://hdl.handle.net/10568/116561 en Limited Access Oxford University Press Demont, M. Rutsaert, P. Ndour, M. Verbeke, W. Seck, P. A. Tollens, E. Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal. European Review of Agricultural Economics. 2012, Volume 40, Issue 2:261–286. |
| spellingShingle | committees associations Demont, M. Rutsaert, Pieter Ndour, M. Verbeke, W. Seck, P.A. Tollens, E. Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal |
| title | Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal |
| title_full | Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal |
| title_fullStr | Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal |
| title_full_unstemmed | Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal |
| title_short | Experimental auctions, collective induction and choice shift: willingness-to-pay for rice quality in Senegal |
| title_sort | experimental auctions collective induction and choice shift willingness to pay for rice quality in senegal |
| topic | committees associations |
| url | https://hdl.handle.net/10568/116561 |
| work_keys_str_mv | AT demontm experimentalauctionscollectiveinductionandchoiceshiftwillingnesstopayforricequalityinsenegal AT rutsaertpieter experimentalauctionscollectiveinductionandchoiceshiftwillingnesstopayforricequalityinsenegal AT ndourm experimentalauctionscollectiveinductionandchoiceshiftwillingnesstopayforricequalityinsenegal AT verbekew experimentalauctionscollectiveinductionandchoiceshiftwillingnesstopayforricequalityinsenegal AT seckpa experimentalauctionscollectiveinductionandchoiceshiftwillingnesstopayforricequalityinsenegal AT tollense experimentalauctionscollectiveinductionandchoiceshiftwillingnesstopayforricequalityinsenegal |