Question

In: Economics

Describe the method of measuring the benefits of cultural facilities based on the Hedonic model and...

Describe the method of measuring the benefits of cultural facilities based on the Hedonic model and the virtual value method.

Solutions

Expert Solution

The most widely used scale for measuring food acceptability is the 9-point hedonic scale. David Peryam and colleagues developed the scale at the Quartermaster Food and Container Institute of the U.S. Armed Forces, for the purpose of measuring the food preferences of soldiers1. The scale was quickly adopted by the food industry, and now is used not just for measuring the acceptability of foods and beverages, but also of personal care products, household products, and cosmetics.

The hedonic scale was the result of extensive research conducted at the Quartermaster and the University of Chicago. Jones, Peryam & Thurstone (1955)2 showed that longer scales, up to nine intervals, tended to be more discriminating than shorter scales, and there was some indication that a scale with eleven intervals would be even more effective3. The nine-point version became the standard at the Quartermaster, because it fit better on the typing paper used to print the ballots.

The verbal anchors of the scale were selected so that the psychological distance between successive scale points is approximately equal2. This equal-interval property helps justify the practice of analyzing the responses by assigning successive integer values (1, 2, 3, … up to 9) to the scale points and testing differences in average acceptability using parametric statistics. The reliability, validity and discriminative ability of the scale was proven in food acceptance tests with soldiers in the field and in the laboratory, as well as in large-scale food preference surveys3.

There have been several extensions of the 9-point hedonic scale. Kroll (1990)4 showed that a scale with nine “child friendly” verbal anchors ranging from “super good” to “super bad” performed better with 5-10 year old children than either the original 9-point scale or a scale utilizing “smiley” faces. The original nine 9-point scale has also been translated into several foreign languages5. It should be noted that the properties of the original 9-point scale do not necessarily apply to the translations of the scale. Ideally, research similar to that conducted by Peryam and colleagues should be conducted to select the verbal anchors and to confirm the reliability, validity, and discriminative ability of the proposed scale. At minimum, it is recommended that research be conducted to confirm that the rank order of the verbal anchors is unambiguous among the intended test population.

Questions occasionally arise regarding the effect of different presentations of the 9-point hedonic scale, such as vertical vs. horizontal, and for the latter, with “like extremely” or “dislike extremely” on the left. In their 1957 paper, Peryam & Pilgrim3 state that such variations had “no major effect” on the results. Unpublished research conducted at the Quartermaster and later at Peryam & Kroll suggests that different scale presentations can shift the average response. If comparisons are made across studies or to an absolute benchmark (e.g. a rating of 7.0 on the 9-point scale) it is probably best if the scale presentation is consistent across the studies being compared.

9-Point Hedonic Scale

Like Extremely

Like Very Much

Like Moderately

Like Slightly

Neither Like nor Dislike

Dislike Slightly

Dislike Moderately

Dislike Very Much

Dislike Extremely  


Related Solutions

The hedonic model is also a theory of occupational choice, why?
The hedonic model is also a theory of occupational choice, why?
Briefly describe how hedonic pricing (HP; sometimes referred to as hedonic regression) uses the change in...
Briefly describe how hedonic pricing (HP; sometimes referred to as hedonic regression) uses the change in the prices of complementary goods (real estate, wages) to infer a WTP for environmental improvement. Give an example of a scenario using real estate prices to value environmental benefits. Give an example of a scenario using a wage-risk relationship.
Discuss the methods of measuring poverty. Describe the advantages and disadvantages of each method.
Discuss the methods of measuring poverty. Describe the advantages and disadvantages of each method.
Why are dedicated PCC based care facilities such as Eden Homes, Green Houses and Wellspring Model...
Why are dedicated PCC based care facilities such as Eden Homes, Green Houses and Wellspring Model Homes or comparable facilities limited in Canada? What is needed to allow for establishment of such facilities?
Method for measuring Dip & Strike
Method for measuring Dip & Strike
Hedonic Price Method: a. Explain how the HPM can be used to measure the effects on...
Hedonic Price Method: a. Explain how the HPM can be used to measure the effects on housing values for homes that are located near noisy airports. b. What are some problems with the HPM approach (explain 2 problems)?
What are some of the challenges with measuring benefits of environmental goods?
What are some of the challenges with measuring benefits of environmental goods?
Graphically derive the hedonic model. Using this derivation, show the case of a worker who chooses...
Graphically derive the hedonic model. Using this derivation, show the case of a worker who chooses a high wage and high risk and one that chooses a low wage-risk combination. Why would this be so? Can OSHA help the first worker? Discuss cases where it can, and those where it cannot.
Explain the hedonic pricing model of job risk. As part of your discussion, explain the shape...
Explain the hedonic pricing model of job risk. As part of your discussion, explain the shape of workers' indifference curves, isoprofit curves, and the hedonic wage function.
Explain the hedonic pricing model associated with educational attainment. As part of your discussion, explain the...
Explain the hedonic pricing model associated with educational attainment. As part of your discussion, explain the shape of workers' indifference curves, isoprofit curves, and the hedonic wage function. no graphs or diagrams.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT