@article{Akaichi:236336,
      recid = {236336},
      author = {Akaichi, Faical and Glenk, Klaus and Revoredo-Giha, Cesar},
      title = {Substitutes or Complements? Consumers’ Preferences and  Willingness to Pay for Animal Welfare, Organic, Local and  Low Fat Food Attributes},
      address = {2016-04},
      number = {358-2016-18371},
      pages = {19},
      year = {2016},
      abstract = {A choice experiment was carried out in Scotland to assess  consumers’ preferences and willingness to pay (WTP) for  four popular food attributes (i.e. animal welfare, organic,  local and low fat attributes) and determine whether these  attributes are independent, complement or substitutes. The  results showed that the majority of consumers have positive  preferences and are willing to pay a price premium for the  four attributes. Furthermore, the results from the  interactions between attributes showed that labelling  organic pork as local could significantly increase its  demand. The results also show that the co-existence of  animal welfare and organic/local/low fat labels is likely  to generate a discounting effect on consumers’ total  premium for these bundles of food attributes (i.e. these  attributes are perceived by consumers as overlapping).  Organic and local attributes were found to be independent.},
      url = {http://ageconsearch.umn.edu/record/236336},
      doi = {https://doi.org/10.22004/ag.econ.236336},
}