Abstract

In this study, we conducted an experimental panel survey in Norway, Germany and Portugal to explore consumers' willingness to pay more for products that are certified microplastic free. This is placed within the context of private certification schemes and private governance as mechanisms to increase consumer conscientiousness, establish a higher environmental standard in terms of microplastic and reduce marine pollution. We find that consumers in general are very conscious about the issue, would generally prefer products that are microplastics free, but would seldom choose these when there is a price premium on the label. This had a geographical offset though, with the results aligning with that of political trust in the nation, with Norwegians being less likely to purchase items with price premiums for private governance labels, and Portugal being most likely to – even with a price premium.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.