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When consumers penalize not so green products
Authors:Siddharth Bhatt  Rajneesh Suri
Institution:1. Drexel UniversityBoth the authors shared first authorship.;2. Drexel University
Abstract:To cash in on consumers’ willingness to pay higher prices for green products, several companies are promoting conventional products as green by highlighting a few green attributes. Through a theoretical lens, the authors investigate how consumers perceive such attempts. This research illustrates that not so green products make consumers sensitive to the monetary sacrifice associated with the purchase of such products. The current research shows that consumers have a negative attitude toward such products and they become concerned about the ethicality of the company when they encounter such products. Both implicit and explicit measures suggest that consumers notice the company's motive behind such practices which, in turn, impacts their price perceptions.
Keywords:ethicality  green  greenwashed  price perceptions
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