Filtering by Subject: Economic Theory

Conserving rhinos by legal trade: Insights from a choice experiment on rhino horn consumers

Hoai Nam Dang Vu, Martin Reinhardt Nielsen, Jette Bredahl Jacobsen

Published: 2021-04-11
Subjects: Agricultural and Resource Economics, Economic Theory, Economics, Environmental Studies, Social and Behavioral Sciences

A legal rhino horn trade is suggested to reduce poaching. To examine this proposition we conducted a choice experiment with 345 rhino horn consumers in Vietnam investigating their preferences for legality, source, price and peer experience of medicinal efficacy as attributes in their decision to purchase rhino horn. We calculated consumers’ willingness to pay for each attribute level. Consumers [...]

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