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Weighted least squares analysis for conjoint studies: The case of hybrid striped bass

Author

Listed:
  • Catherine Halbrendt

    (Delaware Agricultural Experiment Station, Department of Food and Resource Economics, College of Agricultural Science, University of Delaware, Newark, Delaware)

  • J. Richard Bacon

    (Delaware Agricultural Experiment Station, Department of Food and Resource Economics, College of Agricultural Science, University of Delaware, Newark, Delaware)

  • John Pesek

    (Delaware Agricultural Experiment Station, Department of Food and Resource Economics, College of Agricultural Science, University of Delaware, Newark, Delaware)

Abstract

Weighted least squares approach for conjoint analysis was used to examine buyer preferences toward aquaculturally produced hybrid striped bass. Results showed that all markets prefer fillets, the restaurant market prefers a fish weighing around 2.5 lbs. while the retail and wholesale markets prefer a fish weighing around 2 lbs. and that for the retail market year-round availability is desirable.

Suggested Citation

  • Catherine Halbrendt & J. Richard Bacon & John Pesek, 1992. "Weighted least squares analysis for conjoint studies: The case of hybrid striped bass," Agribusiness, John Wiley & Sons, Ltd., vol. 8(2), pages 187-198.
    • Handle: RePEc:wly:agribz:v:8:y:1992:i:2:p:187-198
    DOI: 10.1002/1520-6297(199203)8:2<187::AID-AGR2720080209>3.0.CO;2-#
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    Cited by:

    1. Sánchez, M. & Gil, José M., 1998. "Comparación de tres métodos de estimación del análisis conjunto: diferencias en las preferencias en el consumo de vino y en la segmentación del mercado," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 10, pages 131-146, Diciembre.
    2. Darren Barber & Jill Hobbs & James Nolan, 2008. "Assessing Producer Stated Preferences for Identity Preservation in the Canadian Grain Handling and Transportation System," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 56(3), pages 243-256, September.
    3. Harrison, R. Wes & Gillespie, Jeffrey M. & Fields, Deacue, 2001. "Theoretical And Empirical Considerations Of Eliciting Preferences And Model Estimation In Conjoint Analysis," 2001 Annual meeting, August 5-8, Chicago, IL 20680, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Harrison, R. Wes & Ozayan, Aylin & Meyers, Samuel P., 1998. "A Conjoint Analysis Of New Food Products Processed From Underutilized Small Crawfish," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 30(2), pages 1-9, December.
    5. Jeffrey Gillespie & Gary Taylor & Alvin Schupp & Ferdinand Wirth, 1998. "Opinions of professional buyers toward a new, alternative red meat: Ostrich," Agribusiness, John Wiley & Sons, Ltd., vol. 14(3), pages 247-256.

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