Why preferences change: Beliefs become more salient through provided information

Abstract

Information regarding the method of production of food products influences the decision-making process of consumers. The aim of this study is investigate to what extent information about genomics biases consumer decision making. We investigate the exact source of the biasing nature by separating the effect on consumer beliefs and the salience of those beliefs. The effect of information is tested through an information condition concerning two breeding methods, namely classical breeding and breeding enabled by genomics. The results show that consumer preferences are influenced by the information on production technology. More specifically, the consumer preferences change because consumers alter the salience of their beliefs towards the product

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