Effect of health consciousness on the consumption of olive oil in Japan using an experimental auction approach

About This Project

Japan Grant Number
JP21K14926 (JGN)
Funding Program
Grants-in-Aid for Scientific Research
Funding Organization
Japan Society for the Promotion of Science

Kakenhi Information

Project/Area Number
21K14926
Research Category
Grant-in-Aid for Early-Career Scientists
Allocation Type
  • Multi-year Fund
Review Section / Research Field
  • Basic Section 41010:Agricultural and food economics-related
Research Institution
  • Kyushu University
Project Period (FY)
2021-04-01 〜 2023-03-31
Project Status
Completed
Budget Amount*help
650,000 Yen (Direct Cost: 500,000 Yen Indirect Cost: 150,000 Yen)

Research Abstract

In this research, an experimental auction will be conducted where participants will place bids for a product in an attempt to win it and eventually pay for it. This auction will be conducted several times with one difference each time. the difference will be the first round (training round where participants learn about the experimental auctions). By using different training rounds, we will understand how each one can affect the willigness to pay of the participants for the same prodcut.

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