Farmers’ Willingness to Pay for Various Features of Electronic Food Marketing Platforms

dc.creatorVassalos, Michael
dc.creatorLim, Kar Ho
dc.date2017-04-01T19:34:49Z
dc.date.accessioned2026-07-09T10:27:50Z
dc.descriptionThis study utilizes a choice experiment to evaluate agricultural producers’ preferences and willingness to pay (WTP) for five features offered by electronic food marketing platforms. The attributes examined are: an online marketplace, social media advertisement of farms, different operators of the marketing platforms, an online directory, and monthly fee levels. The results in this study indicate heterogeneity in producers’ preferences. Specifically, farmers can be divided into two distinct groups: producers interested in electronic food trading platforms, and producers who are not interested in them. Producers in the first group are willing to pay $70 per month for an online marketplace and $152 per month for the service. Lastly, farmers have a slight preference for a for-profit operator when compared to a not-for-profit operator.
dc.identifierOther:(ISSN #: 1559-2448)
dc.identifierdoi:10.22004/ag.econ.234959
dc.identifierhttps://ageconsearch.umn.edu/record/234959/files/620150043.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/234959
dc.identifier.urihttp://hdl.handle.net/123456789/618993
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/234959
dc.titleFarmers’ Willingness to Pay for Various Features of Electronic Food Marketing Platforms
dc.typeText

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