“…This theory addresses interactions involving asymmetric information: One individual, the sender, seeks to convince another individual, the receiver, that he or she possesses a desired quality; however, this quality is not directly observable (Gambetta, ; Spence, ). Existing research on signaling theory and green consumption suggests that environmentally friendly products are more attractive to consumers when they allow consumers to signal desirable personal traits, such as social status or prosocial values, via product consumption and display, and that signaling can help overcome the attitude–behavior gap (Babutsidze & Chai, ; Iredale & van Vugt, ; Thaler & Sunstein, ; Whitfield, ). In this case, the signaler can gain advantages in social interactions, and these advantages can act as an additional incentive to pay a premium for environmentally friendly products (Berger, ; Griskevicius, Van den Bergh, & Tybur, ; Thaler & Sunstein, ).…”