Case study on urban consumer's willingness to pay a premium for safer fresh tomato in Tirana, Albania

Published 2021년 3월 12일

Tridge summary

A study conducted in Tirana, Albania, involving over 800 individuals, aimed to understand the consumer's willingness to pay a premium price for safer fresh tomatoes. The research used econometric methods such as multivariate regression model and multinomial logistic models. The results showed that consumers are willing to pay an average of 16% more for the increased safety of fresh tomatoes. Factors including perceived risk, past adverse health events, risk intolerance, food safety concerns, and knowledge of food safety significantly influence the consumer's willingness to pay. Household income and size also play a positive role, while the farmer's ability to produce healthy tomatoes has a negative effect on the expected willingness to pay. The religious affiliation of the consumer was found to be a determinant, but demographic and cultural characteristics such as gender, age, and educational background did not impact the willingness to pay for safer fresh tomatoes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The objective of this study is the consumer’s willingness to pay a premium price (WTP) for greater safety of fresh tomatoes and the factors that determine it, in the city of Tirana, Albania. Primary data are used for over 800 individuals collected through a special face-to-face survey. Econometric methods, such as multivariate regression model and multinomial logistic models have been used. Tomato consumers are willing to pay an average premium of around 16% over the current price. Among the most important factors identified as positively affecting WTP are the level of perceived safety risk of the consumer, the frequency of adverse health events in the past, the level of risk intolerance, consumer concern about food safety, and consumer knowledge about food safety. Household income and its size are two other factors that positively impact WTP, while consumer perceptions of the farmer's ability to produce healthy tomatoes have a negative effect on expected WTP. The religious ...
Source: Hortidaily

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