2017
DOI: 10.1002/bse.1959
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Factors Influencing Consumer Willingness to Pay for Low‐Carbon Products: A Simulation Study in China

Abstract: Consumer choice behavior is crucial to supporting cleaner production and plays an essential role in low‐carbon development and environmental policy‐making. Therefore, combining system dynamics with an agent‐based model (SD–AB), the present study explores influencing factors on both providers' and consumers' sides. Using empirical data from selected firms and a questionnaire survey of residents in China, the simulation results revealed that consumers' low‐carbon awareness and income have little effect on their … Show more

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Cited by 60 publications
(43 citation statements)
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“…Perception of recycled/reused product risk refers to how customers assess unavailable information regarding product, material used, testing and quality assurance processes in relation to the utility of the product (Hazen, Mollenkopf, Wang, & Y., 2017;Liu, Yang, & Xu, 2017). Risk is a multidimensional construct (Snoj, Pisnik, & Mumel, 2004;Veloutsou & Bian, 2008).…”
Section: Sinkovicsmentioning
confidence: 99%
“…Perception of recycled/reused product risk refers to how customers assess unavailable information regarding product, material used, testing and quality assurance processes in relation to the utility of the product (Hazen, Mollenkopf, Wang, & Y., 2017;Liu, Yang, & Xu, 2017). Risk is a multidimensional construct (Snoj, Pisnik, & Mumel, 2004;Veloutsou & Bian, 2008).…”
Section: Sinkovicsmentioning
confidence: 99%
“…However, they are regarded as the main cause of environmental pollution, because they emit much exhaust gas. In particular, consumers are concerned about environmental pollution [1,2], so they try to buy environmentally friendly products/services [3,4]. Drone food delivery services (DFDS) are offered as a method in order to solve such problems.…”
Section: Introductionmentioning
confidence: 99%
“…In this vein, future studies could also delve into particular relationships between other environmental topics and product portfolio management. The environmental topics that could be developed further include eco‐efficiency initiatives (Li et al , ), green employee behavior (Delgado‐Márquez & Pedauga, ), eco‐innovation (Dangelico et al , ), carbon performance (Giannarakis et al , ), low carbon products (Liu et al , ), green supply chain management (Zhu et al , ) and green supplier selection (Dou et al , ).…”
Section: Resultsmentioning
confidence: 99%