Identification of Consumer Segments and Its Implication on the Willingness-to-Pay Distribution: The Case of Demand for Non-Genetically Modified Vegetable Oil in the United States

dc.creatorKaneko, Naoya
dc.creatorChern, Wen S.
dc.date2017-04-01T20:10:09Z
dc.date.accessioned2026-07-09T03:34:36Z
dc.descriptionThis paper illustrates the importance of consumer segments for the estimation of the distribution of sample willingness to pay. We find evidence that those who prefer non-GM have a different marginal utility of income and that naïve pooling of consumer segments may yield a misleading recommendation for both agribusinesses and policy makers.
dc.identifierdoi:10.22004/ag.econ.21194
dc.identifierhttps://ageconsearch.umn.edu/record/21194/files/sp06ka05.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/21194
dc.identifier.urihttp://hdl.handle.net/123456789/535547
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/21194
dc.titleIdentification of Consumer Segments and Its Implication on the Willingness-to-Pay Distribution: The Case of Demand for Non-Genetically Modified Vegetable Oil in the United States
dc.typeText

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