Eliciting values for environmental attributes of a private good using a real choice experiment
Markets for environmentally friendly products have been expanding during the last decade. These products provide both private benefits to the consumer and environmental – public – benefits. The demand for environmentally friendly products has consequently received a growing interest. Our study aims at studying consumers' choices for a non-food product, i.e. roses, with different environmental attributes. We combine a choice experiment with a laboratory experiment to provide real economic incentives.
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- Gro Steine & Kari Kolstad, 2006. "Consumers' Willingness to Pay for the Color of Salmon: A Choice Experiment with Real Economic Incentives," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(4), pages 1050-1061.
- Lusk Jayson L & Schroeder Ted C., 2006. "Auction Bids and Shopping Choices," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 6(1), pages 1-39, August.
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