Consumers’ willingness to pay for plants protected by beneficial insects—Evidence from two stated-choice experiments with different subject pools

Mira Lehberger and Sven Gruener

No 5zc62, SocArXiv from Center for Open Science

Abstract: We investigate consumers’ willingness to pay for plants protected by beneficial insects and those protected by pesticides, respectively, as well as the influence of message framing on willingness to pay. We use basil, heather, and orchids as experimental objects and find evidence from two experiments that consumers prefer plants protected by beneficial insects. Moreover, we find that message framing affects consumers’ willingness to pay, where gain framing produces greater overall willingness to pay. To check for the robustness of our results, we implemented instruments to mitigate concerns for social desirability and hypothetical bias, finding that our results are robust in terms of our key findings. This is the first comprehensive experimental study specifically on consumer’s willingness to pay for plants protected by beneficial insects. Our findings are also valuable for practitioners, as the use of beneficial insects in under-glass production systems is already common. Following our results, this information could be successfully used for marketing purposes.

Date: 2020-02-18
New Economics Papers: this item is included in nep-dcm, nep-env and nep-exp
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Journal Article: Consumers’ willingness to pay for plants protected by beneficial insects – Evidence from two stated-choice experiments with different subject pools (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:5zc62

DOI: 10.31219/osf.io/5zc62

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