Abstract
This paper assesses consumers' preferences and willingness to pay for European Union geographical indication quality labels [Protected Designation of Origin (PDO) and Protected Geographical Indications (PGI)], organic farming label and other product quality cues. Using a choice experiment, random parameter logit model and olive oil as product of interest, results suggest that respondents are willing to pay the highest premium price for a product with a PDO label, followed by organic farming label, a quality cue describing the product as extra-virgin olive oil and then a PGI label.
Original language | English |
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Pages (from-to) | 158-165 |
Number of pages | 8 |
Journal | International Journal of Consumer Studies |
Volume | 36 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2012 Mar |
Keywords
- Choice experiment
- Consumer preferences
- European quality labels
- Olive oil
- Willingness to pay
ASJC Scopus subject areas
- Applied Psychology
- Economics and Econometrics
- Public Health, Environmental and Occupational Health
- Marketing