Abstract

This study uses the Random Parameter Logit model and examines the determinants of consumers’ willingness-to-pay (WTP) using Structural Equation Modeling to estimate WTP concerning the purchase of animal welfare livestock products. The study results show that consumers generally positively perceive animal welfare-certified pork. The results also suggest the importance of educating people, strengthening their attitudes that purchasing animal welfare-certified pork can effectively solve animal welfare issues, and raising awareness among consumers that their actions can contribute to animal welfare issues. Raising social awareness to evaluate ethical consumption positively would also be helpful.

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.