Jie Li, Nima Homami, Matthew R. Ryan, Sandra Wayman, Eugene P. Law, Miguel I. Gómez, Lee R. DeHaan
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引用次数: 0
Abstract
Intermediate wheatgrass (IWG), also known as Kernza, is a perennial grain crop with recognized environmental benefits, including improved water quality, increased soil carbon storage, and enhanced biodiversity. However, despite these advantages, consumer demand for IWG-based products remains poorly understood, limiting its market potential. This study employs sensory analysis and an experimental BDM mechanism to estimate consumer willingness to pay (WTP) for IWG bread and assess the influence of sustainability information on purchasing decisions. Results suggest that IWG bread commands a price premium when accompanied by effective consumer education, with WTP estimates indicating a potential market niche for sustainability-labeled perennial grains. Economic implications suggest that targeted consumer awareness campaigns, standardized eco-labeling, and financial incentives could enhance adoption and market penetration. These findings offer insights for policymakers, agribusinesses, and sustainability advocates aiming to align consumer-driven demand with environmental goals.
期刊介绍:
Agricultural Economics aims to disseminate the most important research results and policy analyses in our discipline, from all regions of the world. Topical coverage ranges from consumption and nutrition to land use and the environment, at every scale of analysis from households to markets and the macro-economy. Applicable methodologies include econometric estimation and statistical hypothesis testing, optimization and simulation models, descriptive reviews and policy analyses. We particularly encourage submission of empirical work that can be replicated and tested by others.