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willingness to pay (WTP) are sensitive to time pressure and cognitive load levels in practice. An experiment with 233 students is … load levels. Results show that increasing cognitive load could significantly reduce consumers’ WTP for organic food; and … time pressure does not have significant impact on WTP values. Such results remind us of being particularly cautious about …
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present a brief introduction of the payment card approach and introduce several methods to estimate the WTP with payment cards …, which we subsequently use to estimate WTP values regarding green vegetables, green meat and green eggs in China. Our results … indicate that consumers in big cities are willing to pay a higher premium for green food and that WTP values are relatively …
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Experimental research on decision making under risk has until now always employed choice data in order to evaluate the empirical performance of expected utility and the alternative nonexpected utility theories. The present paper performs a similar analysis which relies on pricing data instead of...
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The Communication on Environmental Indicators and Green National Accounting (Com (94) 670 final, 21.12.94) laid the basis for indicator and accounting projects aimed to give comprehensive support to environmental policy, like GARP and GreenStamp. The article is intended to demonstrate: that...
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