2019
DOI: 10.1017/aae.2019.19
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Willingness to Pay for Shrimp with Homegrown by Heroes, Community-Supported Fishery, Best Aquaculture Practices, or Local Attributes

Abstract: With the seafood food market endowed with various attributes, consumers may prefer certain certifications over others. By surveying a diverse sample of respondents, this study examines consumer preference for farm-raised shrimp in Kentucky and South Carolina. Respondents’ assessment of certain seafood labels is evaluated using a stated preference survey. Willingness-to-pay (WTP) estimates and various product profiles are generated. Consistent with previous studies, a strong preference for fresh and “local” was… Show more

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Cited by 21 publications
(13 citation statements)
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“…Consumers’ preferences for locally produced foods have been growing throughout the past two decades (Adams & Salois, 2010) and are particularly evident in the increase in community‐supported agriculture organizations and farmers’ markets (Thilmany, Bond, & Bond, 2008). There is a growing literature on consumer preferences for local food (e.g., Lim & Hu, 2016; Soley, Hu, & Vassalos, 2019). Among the many reasons consumers prefer local products are the resulting support of local producers (Zepeda & Leviten‐Reid, 2004), creation of local jobs (Cooke & Watson, 2011), and quality and freshness considerations (Ahearn & Sterns, 2013).…”
Section: Introductionmentioning
confidence: 99%
“…Consumers’ preferences for locally produced foods have been growing throughout the past two decades (Adams & Salois, 2010) and are particularly evident in the increase in community‐supported agriculture organizations and farmers’ markets (Thilmany, Bond, & Bond, 2008). There is a growing literature on consumer preferences for local food (e.g., Lim & Hu, 2016; Soley, Hu, & Vassalos, 2019). Among the many reasons consumers prefer local products are the resulting support of local producers (Zepeda & Leviten‐Reid, 2004), creation of local jobs (Cooke & Watson, 2011), and quality and freshness considerations (Ahearn & Sterns, 2013).…”
Section: Introductionmentioning
confidence: 99%
“…Furthermore, socio-economic characteristics are typical factors used in evaluating decision-making as this constitutes constraint attributes to respondents. This is typical to valuation and stakeholder involvement studies (Mangiafico et al, 2012;Marsh, 2014;Ureta et al, 2016;Seriño et al, 2017;Small et al, 2017;Soley et al, 2019).…”
Section: Understanding the Respondents' Preferencementioning
confidence: 82%
“…According to this agreement, consumers buy some of the products via the financing of MA ponds, and this finances the farm, reduces the risk, and guarantees the products’ sale. Consumers help fish farmers at the beginning of the season by providing part of the cost of purchasing primary inputs and during the season, providing current costs (Soley et al, 2019 ). This can help improve the economic sustainability of MA operations and result in the production of MA that has a lower cost than the retail market and is healthier in terms of quality.…”
Section: Community-supported Agriculture: Directions For Ma Developmentmentioning
confidence: 99%
“…In this regard, community-supported agriculture (CSA) is used as one of the important forms of sustainable agriculture in MA. This approach helps to build a more indigenous and equitable agricultural system and allows farmers to focus on good farming practices while ensuring their profits at the same time (Soley et al, 2019 ). The most salient goals of CSA are to address concerns about the quality of the food supply and the survival of small farms.…”
Section: Introductionmentioning
confidence: 99%