Cai, Zhen; Aguilar, Francisco X. - In: Journal of Forest Economics 19 (2013) 1, pp. 15-31
Consumers’ willingness to pay (WTP) price premiums for environmentally certified wood products has been frequently estimated using stated preference methods. Estimates of WTP premiums for certified wood products over non-certified options reported in the literature range from 1.0% to 39.3%....