Abstract
Chocolate campaigns in the United States have focused on the production of premier quality and healthy blend chocolate bars. We expect that merchandising efforts will offer a higher price for fruit or nut blend chocolates. Using online retail data from Amazon, eBay, and Walmart, we applied the hedonic function to estimate retailers offer price for a blended bar. The findings show that online retailers have mixed offer prices for a blend or plain bar. The paper suggests that studies would learn much more from a data and analysis that control for quantity sold and time effects in the chocolate market.
Document Type
Presentation
Publication Date
10-20-2017
Repository Citation
Bedell, Willie B. and Reed, Michael R., "Hedonic Pricing of Chocolate Quality Characteristics: Is there A Difference for Fruit or Nut Chocolate?" (2017). Agricultural Economics Presentations. 23.
https://uknowledge.uky.edu/agecon_present/23
Notes/Citation Information
A presentation at the 2017 Kentucky Economic Association Conference in Bowling Green, KY.