Consumers' Willingness to Pay for Health Benefits in Food Products: A Meta-Analysis.

Irina Dolgopolova*, Ramona Teuber

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

This article analyzes the existing literature on consumers' marginal willingness to pay (MWTP) for health benefits in food products. Results indicate that the presence of a health claim does not only increase MWTP for health benefits in foods but also reduces heterogeneity among MWTP estimates. Hypothetical methods significantly positively affect MWTP. The most popular product category "dairy" negatively influences MWTP. The popular health claim of "lowering cholesterol" has a significantly positive influence on MWTP. In addition, our review highlights that existing studies significantly differ in their setup, which renders the inference of clear-cut conclusions rather problematic.
Original languageEnglish
Pages (from-to)333-352
Number of pages20
JournalApplied Economic Perspectives and Policy
Volume40
Issue number2
DOIs
Publication statusPublished - 1 Jun 2018
Externally publishedYes

Keywords

  • Willingness to pay
  • Consumer behavior
  • Public health
  • Nutrition
  • Meta-analysis
  • health benefits in foods
  • marginal willingness to pay
  • meta-analysis
  • metaanalysis

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