An Experimental Validation of Hypothetical WTP for a Recyclable Product

Measuring Investors’ Socially Responsible Preferences in Mutual Funds

“…Also the SR characteristics of the investment are real, while in Glac (2009) the subjects know that everything is hypothetical and that their money will not be invested in the assets proposed in the study, because they are fictitious. In fact, in hypothetical contexts demand effects and socially desirable answers are much more likely to be observed (Camacho-Cuena et al, 2004).…”

“…3 An investor opinion survey carried out by McKinsey & Company (2002) reports that, in the Spanish market, investors would be prepared to pay an average premium of 14% for a well-governed company. However, a significant difference can appear between the willingness to pay for a SR product declared in a survey and the corresponding real buying behavior (Camacho-Cuena et al, 2004). Hence, in the present study, actual investing behavior of subjects with different attitudes to return, risk and social responsibility is analyzed in the laboratory.…”

A Perspective on Remanufacturing Business: Issues and Opportunities

“…Unfortunately there is not a systematic study on this subject. Nevertheless, basing on [30], it is possible to make some considerations on the relationship between customer and company, in the remanufacturing case. It is no coincidence that the most difficult obstacle in this business has been and is the prejudices of the market towards this category of products.…”

“…This parameter can be measured through questionnaires, games, auction mechanisms, etc.. Camacho et al studied the willingness to pay for an environmentally friendly product using surveys and economic experiments [30].…”

Good and Bad Increases in Ecological Awareness: Environmental Differentiation Revisited

“…The theoretical framework most frequently used to reach economic and environmental policy recommendations is that of vertical product differentiation attributed to Mussa and Rosen (1978). All these studies take the distribution of tastes as given, in order to reach 1 For example, Camacho et al (2004), elicit hypothetical and incentive compatible WTP for a recyclable office table, showing that survey data are a good predictor of a consumer's median WTP for an improvement in the environmental performance of a product.…”