The Taste for Variety: Demand Analysis for Nut Products in the United States
| dc.creator | Cheng, Guo | |
| dc.creator | Dharmasena, Senarath | |
| dc.creator | Capps, Oral Jr | |
| dc.date | 2017-04-01T19:41:13Z | |
| dc.date.accessioned | 2026-07-09T11:07:07Z | |
| dc.description | The purpose of this study is to augment the classical demand model with consumer’s variety-seeking behavior using 2004-2014 weekly Nielsen scanner data for nut products. We introduce an index variable of taste for variety into the Quadratic Almost Ideal Demand System model with pre-committed quantities. Results show that consumers do respond to the price of nut products since the pre-committed quantities only account for 10% of total consumptions. Consumers purchase more tree nut products while seeking variety, including pecan, walnut, and pistachio, and demand interrelationships among nut products change after allowing consumers to compensate through income. | |
| dc.identifier | doi:10.22004/ag.econ.252719 | |
| dc.identifier | https://ageconsearch.umn.edu/record/252719/files/The%20Taste%20for%20Variety-Cheng_%20Dharmasena_%20Capps.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/252719 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/624888 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/252719 | |
| dc.title | The Taste for Variety: Demand Analysis for Nut Products in the United States | |
| dc.type | Text |