What Will Consumers Pay for Social Product Features?

The importance of ethical consumerism to many companies worldwide has increased dramatically in recent years. Ethical consumerism encompasses the importance of non-traditional and social components of a company's products and business process to strategic success – such as environmental protect...

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Detalhes bibliográficos
Authors: Auger, Pat (Author) ; Burke, Paul (Author) ; Devinney, Timothy M. (Author) ; Louviere, Jordan J. (Author)
Tipo de documento: Recurso Electrónico Artigo
Idioma:Inglês
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Publicado em: Springer Science + Business Media B. V 2003
Em: Journal of business ethics
Ano: 2003, Volume: 42, Número: 3, Páginas: 281-304
Outras palavras-chave:B workers' rights
B Willingness-to-pay
B Ethical consumerism
B choice modeling
B Animal Rights
Acesso em linha: Volltext (JSTOR)
Volltext (lizenzpflichtig)
Descrição
Resumo:The importance of ethical consumerism to many companies worldwide has increased dramatically in recent years. Ethical consumerism encompasses the importance of non-traditional and social components of a company's products and business process to strategic success – such as environmental protectionism, child labor practices and so on. The present paper utilizes a random utility theoretic experimental design to provide estimates of the relative value selected consumers place on the social features of products.
ISSN:1573-0697
Obras secundárias:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1023/A:1022212816261