Hedonic Pricing of Rice Attributes, Market Sorting, and Gains from Quality Improvement in the Beninese Market

Abstract Latent class analysis is applied to a hedonic price model examine the presence of heterogeneity in consumer valuation quality attributes Beninese rice market. Three classes consumers are found proportions 5, 56, and 39 percent. We employ partial equilibrium find modest gains surplus from an increase head reduction chalkiness. The results provide evidence market sorting, which should be taken into consideration upgrading value chains. Also, it important assess potential improvement determine priorities for research development.