2017
DOI: 10.1111/1467-8489.12217
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Price premiums for ecolabelled seafood: MSC certification in Germany

Abstract: Whether ecolabelled seafood actually provides incentives to improve the management of fisheries remains a controversial issue. A number of stated preference studies indicate a substantial willingness to pay for ecolabelled seafood. Early evidence from actual market data supports the existence of a premium, while more recent papers provide a more nuanced picture. In this paper, a hedonic price model for whitefish species on the German market is estimated that includes information on Marine Stewardship Council (… Show more

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Cited by 59 publications
(47 citation statements)
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References 37 publications
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“…With the higher base price, however, Marks & Spencer still charges a much higher price for the product. Similar results were reported by Asche et al [25] for salmon in the United Kingdom and by Asche and Bronnmann [51,54] for whitefish in Germany.…”
Section: Extrinsic Attributessupporting
confidence: 88%
See 1 more Smart Citation
“…With the higher base price, however, Marks & Spencer still charges a much higher price for the product. Similar results were reported by Asche et al [25] for salmon in the United Kingdom and by Asche and Bronnmann [51,54] for whitefish in Germany.…”
Section: Extrinsic Attributessupporting
confidence: 88%
“…The dummy-coding method is commonly applied to specify the hedonic model [16,49,51]. Thus, the monetary value of each attribute is relative to a chosen base product/attribute.…”
Section: Methodsmentioning
confidence: 99%
“…According to the FAO (2012FAO ( , 2016, fish consumption worldwide has increased from 18.6 kg in 2010 to 20.6 kg in 2016; however, this average intake level is less than half the level of meat consumption, which rose from 42.5 to 43.3 kg during the same period (FAO, 2012(FAO, , 2016 Fish and seafood consumption is influenced by several factors, including consumer health and nutrition knowledge (Myrland, Trondsen, Johnston, & Lund, 2000;Pieniak et al, 2010;Thompson, Ponsford, Lewis, & Cummins, 2018;Trondsen, Braaten, Lund, & Eggen, 2004), convenience, lifestyle and environmental factors (Asche & Bronnmann, 2017;Olsen, 2004;Trondsen et al, 2004). According to Brunsø, Verbeke, Olsen, and Jeppesen (2009), Altintzoglou et al (2010) and Pieniak et al (2010), fish is considered to be a healthy food because of its properties and nutritional content, and Trondsen et al (2004) indicate that consumers might be willing to sacrifice flavor if they believe the consumption of specific food items will result in health benefits.…”
mentioning
confidence: 99%
“…Direct downstream incentives can include price premiums, access to niche consumer markets, and co-marketing opportunities. Evidence of price premiums is mixed, with little evidence that this is a primary motivating incentive for private sector partners (e.g., Arton, Leiman, Petrokofsky, Toonen, & Longo, 2020;Asche & Bronnmann, 2017;Cochrane, 2018;Lim, Hu, & Nayga Jr, 2018;Roheim & Zhang, 2018;Stemle, Uchida, & Roheim, 2016). Rather, manufacturers of fish-based products and retailers may be driven to adopt sustainable practices because of a broader strategy where sustainability is a key part of their brand strategy (Kumar & Christodoulopoulou, 2014).…”
Section: Industry Incentivesmentioning
confidence: 99%