Wakamatsu, Hiroki (2019): Heterogeneous Consumer Preference for Seafood Sustainability in Japan.
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Abstract
This study estimates Japanese consumers’ willingness to pay (WTP) for several components of seafood sustainability. A choice experiment via a web survey is conducted among Japanese seafood consumers. In order to estimate WTP, a latent class model is employed to treat heterogeneity of consumer preference in addition to a basic conditional logit model. The latent class model resulted in separating consumers into two characteristic groups: nature-oriented and human-oriented groups. Neither group was found to be willing to pay for seafood sustainability even though they are somewhat concerned about seafood sustainability. Specifically, the nature-oriented group, which comprised 51% of our consumer sample, negatively evaluated fisheries management and preservation of tradition and culture but highly evaluated the environment and ecosystems. Meanwhile, the human-oriented group, which comprised 49% of our consumer sample, positively evaluated fisheries management and regionality, but negatively evaluated the environment and ecosystems. The differences between the groups are unrelated to education or income, but are related to seafood expense, age, family structure, and knowledge of sustainability.
Item Type: | MPRA Paper |
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Original Title: | Heterogeneous Consumer Preference for Seafood Sustainability in Japan |
Language: | English |
Keywords: | best–worst scaling, choice experiment, consumer preference, seafood sustainability |
Subjects: | Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q0 - General > Q01 - Sustainable Development Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q2 - Renewable Resources and Conservation > Q22 - Fishery ; Aquaculture Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q51 - Valuation of Environmental Effects |
Item ID: | 92390 |
Depositing User: | Dr. Hiroki Wakamatsu |
Date Deposited: | 02 Mar 2019 05:54 |
Last Modified: | 30 Sep 2019 01:34 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/92390 |