TY - JOUR
T1 - The effects of individual environmental concerns on willingness to pay for sustainable plant attributes
AU - Khachatryan, Hayk
AU - Campbell, Ben
AU - Hall, Charles
AU - Behe, Bridget
AU - Yue, Chengyan
AU - Dennis, Jennifer
PY - 2014/1
Y1 - 2014/1
N2 - This study adds to the consumer choice literature by linking consumers' environmental concern (EC) orientations (egoistic, altruistic and biospheric) to willingness to pay (WTP) premiums for proenvironmental attributes. Results from a mixed-ordered probit model showed that individuals were willing to pay a premium for energy-saving production practices ($0.131), non-plastic containers such as compostable ($0.227), plantable ($0.122), and recyclable ($0.155), and locally grown plants ($0.222). Individuals scoring high on the EC scale expressed higher WTP across all attributes-$0.148 for energy-saving practices, $0.288 for locally grown plants, and $0.255, $0.143, and $0.175 for compostable, plantable, and recyclable containers, respectively. Using the results, we discuss the practical implications for nursery and garden stores (i.e., communicating product attributes related information to consumers).
AB - This study adds to the consumer choice literature by linking consumers' environmental concern (EC) orientations (egoistic, altruistic and biospheric) to willingness to pay (WTP) premiums for proenvironmental attributes. Results from a mixed-ordered probit model showed that individuals were willing to pay a premium for energy-saving production practices ($0.131), non-plastic containers such as compostable ($0.227), plantable ($0.122), and recyclable ($0.155), and locally grown plants ($0.222). Individuals scoring high on the EC scale expressed higher WTP across all attributes-$0.148 for energy-saving practices, $0.288 for locally grown plants, and $0.255, $0.143, and $0.175 for compostable, plantable, and recyclable containers, respectively. Using the results, we discuss the practical implications for nursery and garden stores (i.e., communicating product attributes related information to consumers).
KW - Altruistic concerns
KW - Biospheric concerns
KW - Edible plants
KW - Egoistic concerns
KW - Environmental attributes
KW - Ornamental plants
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UR - http://www.scopus.com/inward/citedby.url?scp=84892149739&partnerID=8YFLogxK
U2 - 10.21273/hortsci.49.1.69
DO - 10.21273/hortsci.49.1.69
M3 - Article
AN - SCOPUS:84892149739
SN - 0018-5345
VL - 49
SP - 69
EP - 75
JO - HortScience
JF - HortScience
IS - 1
ER -