Investigating Consumer Participation Decision in Community-Supported Agriculture: An Application of Cumulative Prospect Theory

Using the framework of cumulative prospect theory (CPT), we investigate consumers' decision to participate in community-supported agriculture (CSA) under risk and uncertainty. We analyze discrete choice experiment data using a CPT framework that allows for flexible reference points and individu...

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Bibliographic Details
Main Authors: Shuoli Zhao, Chengyan Yue
Format: Article
Language:English
Published: Western Agricultural Economics Association 2020-01-01
Series:Journal of Agricultural and Resource Economics
Subjects:
csa
Online Access:https://ageconsearch.umn.edu/record/298438