2022
DOI: 10.1016/j.ecolecon.2021.107230
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The impact of information asymmetry on animal welfare-friendly consumption: Evidence from milk market in Japan

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Cited by 12 publications
(4 citation statements)
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“…Farm animal welfare is a credence attribute, and welfare-friendly animal products are considered credence goods 85 , 86 . The asymmetrically distributed information about food credence attributes, such as animal welfare, can diminish consumer trust and, consequently, reduce their willingness to pay for such attributes 87 , 88 . This phenomenon may be especially pronounced in China, where farm animal welfare is still in its early stages of development, as welfare-friendly animal products have not gained widespread popularity and there is a lack of a comprehensive certification and labeling system for such products.…”
Section: Discussionmentioning
confidence: 99%
“…Farm animal welfare is a credence attribute, and welfare-friendly animal products are considered credence goods 85 , 86 . The asymmetrically distributed information about food credence attributes, such as animal welfare, can diminish consumer trust and, consequently, reduce their willingness to pay for such attributes 87 , 88 . This phenomenon may be especially pronounced in China, where farm animal welfare is still in its early stages of development, as welfare-friendly animal products have not gained widespread popularity and there is a lack of a comprehensive certification and labeling system for such products.…”
Section: Discussionmentioning
confidence: 99%
“…As consumers pay more and more attention to the welfare of farm animals and its relationship with production methods, it is necessary to develop labeling models with truthful information trying to reduce the information asymmetry [72,73]. Important tools for food policy are private standards for animal health and welfare (AHW) and quality assurance (QA) programs.…”
Section: Moresi Andmentioning
confidence: 99%
“…Chinese consumers, particularly of the younger generation, increasingly want to know the origins of their food and the ethics of its production. For dairy products such as milk, brand reputation regarding animal welfare, perceived health advantages, and product authenticity are major determinants in their purchasing decisions [6]. Recent research in animal welfare has focused on products associated with animal welfare [7][8][9].…”
Section: Introductionmentioning
confidence: 99%