On the Use of Multi-Unit Auctions in Measuring Consumers’ Willingness to Pay for Food Products
| dc.creator | Akaichi, Faiçal | |
| dc.creator | Nayga, Rodolfo M., Jr. | |
| dc.creator | Gil, Jose Maria | |
| dc.date | 2017-04-01T14:04:27Z | |
| dc.date.accessioned | 2026-07-09T05:09:40Z | |
| dc.description | This paper proposes the use of multi-unit auctions in studying consumers’ willingness to pay (WTP) for food products in a multi-unit shopping scenario. We show how this method can overcome the limitations of single-unit experimental auctions in obtaining useful information related to WTP for not just the first unit but also subsequent units of a product, the demand curve, consumer surplus, the determinants of consumers’ WTP for each auctioned unit, and the effect of potential price discount strategies. | |
| dc.identifier | doi:10.22004/ag.econ.60983 | |
| dc.identifier | https://ageconsearch.umn.edu/record/60983/files/Poster%20for%20AAEA%20meeting%202010.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/60983 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/559839 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/60983 | |
| dc.title | On the Use of Multi-Unit Auctions in Measuring Consumers’ Willingness to Pay for Food Products | |
| dc.type | Text |