Abstract
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.
Original language | English |
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Pages (from-to) | 281-304 |
Number of pages | 24 |
Journal | Journal of Business Ethics |
Volume | 42 |
Issue number | 3 |
DOIs | |
Publication status | Published - Feb 2003 |
Keywords
- animal rights
- choice modeling
- ethical consumerism
- willingness-to-pay
- workers' rights