Meat and meat substitutes—A hedonic‐pricing model for the German market

  • Petersen T
  • Tatic M
  • Hartmann M
  • et al.
N/ACitations
Citations of this article
6Readers
Mendeley users who have this article in their library.

This article is free to access.

Abstract

In this study, a hedonic pricing model with a stochastic frontier is applied to a sample of 183,717 observations of product sales of sausages in Germany to determine the valuation of attributes in the market. The average price of sausages is 1.14€/100 g, with meat substitutes valued at 1.53€/100 g and meat sausages at 1.01€/100 g. Our results show that credence attributes can induce a price premium, but that the effect strongly depends on the type of attribute. This may be important for deriving marketing strategies, as uniform measures may not be effective for both markets.

Cite

CITATION STYLE

APA

Petersen, T., Tatic, M., Hartmann, M., & Hirsch, S. (2023). Meat and meat substitutes—A hedonic‐pricing model for the German market. Journal of the Agricultural and Applied Economics Association, 2(4), 668–685. https://doi.org/10.1002/jaa2.84

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free