Abstract
An alternative approach to traditional consumer behaviour and demand theory is characteristics theory, which assumes that a consumer’s utility function is generated by the characteristics, or attributes, that goods and services possess. Instead of a utility being a function of a product, it becomes a function of the attributes provided by these products. In this paper a hedonic pricing model is used to investigate the influence of sucrose level and cooking time on cowpea prices in Senegal. Cooking time has a significant impact on price only at Tilene market in Dakar, while the sucrose contents tend to provide a premium throughout. Further investigation shows that the local varieties, AW, Matam and Ndiassiw have higher sucrose contents than the other cowpea varieties.
Cite
CITATION STYLE
Faye, M. D., Jooste, A., Lowenberg-De Boer, J., & Fulton, J. (2006). Impact of sucrose contents and cooking time on cowpea prices in Senegal. South African Journal of Economic and Management Sciences, 9(2), 207–212. https://doi.org/10.4102/sajems.v9i2.1147
Register to see more suggestions
Mendeley helps you to discover research relevant for your work.