Location

Parker-Reed, SSWAC

Start Date

1-5-2014 9:00 AM

End Date

1-5-2014 10:00 AM

Project Type

Poster

Description

The sustainable seafood choice experiment is a co-discipline study run by Tierney Dodge (Environmental Studies), along with Jesse Coulon and Dylan Cowly (Economics). The purpose of the study is to better understand how sustainable seafood labeling is correlated with accepting higher prices at restaurants. Specifically, we are looking at how much people are willing to pay for dishes that have certified seafood labeling, such as Marine Stewardship Counsel Certified, compared to the simple label of sustainable seafood, which is a more arbitrary term with no outside body of regulation. We will then focus our study to see how these results differ for different demographic variables such as age, location to the sea, beach usage, and income along. To do this we will use multi logit and co logit regressions to find the willingness of people to pay based on these different demographic variables.

Faculty Sponsor

Sahan Dissanayake

Sponsoring Department

Colby College. Economics Dept.

CLAS Field of Study

Social Sciences

Event Website

http://www.colby.edu/clas

ID

219

Included in

Economics Commons

Share

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May 1st, 9:00 AM May 1st, 10:00 AM

Economic Analysis: Sustainable Seafood Choice Experiment

Parker-Reed, SSWAC

The sustainable seafood choice experiment is a co-discipline study run by Tierney Dodge (Environmental Studies), along with Jesse Coulon and Dylan Cowly (Economics). The purpose of the study is to better understand how sustainable seafood labeling is correlated with accepting higher prices at restaurants. Specifically, we are looking at how much people are willing to pay for dishes that have certified seafood labeling, such as Marine Stewardship Counsel Certified, compared to the simple label of sustainable seafood, which is a more arbitrary term with no outside body of regulation. We will then focus our study to see how these results differ for different demographic variables such as age, location to the sea, beach usage, and income along. To do this we will use multi logit and co logit regressions to find the willingness of people to pay based on these different demographic variables.

http://digitalcommons.colby.edu/clas/2014/program/129