Back to History

Fields Changed

Registration

Field Before After
Trial Title Entrepreneurs’ Sustainability Preferences and Choice Strategy On Industrial Platforms Industry 4.0 suppliers' preferences
Last Published February 24, 2022 12:59 PM March 10, 2022 11:00 AM
Intervention (Public) We offer the selected platforms' ESG information (ESG Rating) to the intervention group. We hide the selected platforms' ESG information (ESG Rating) from the baseline group.
Experimental Design (Public) Our lab experiment includes a discrete choice experiment to obtain subjects’ willingness to pay on ESG and other determinators of industrial platform selection, an incentivized survey to elicit their beliefs on high ESG industrial platforms’ profitabilities, and an ESG information treatment to elicit their ambiguity perceptions on ESG information. We first ask subjects to choose 1 from 3 alternatives in 31 choice tasks. We set status-quo alternative and randomize the three alternatives in each choice task. Then we ask subjects to answer survey questions of high ESG industrial platforms’ profitability and their most evaluated factors when choosing industrial platforms. All survey questions are incentived. At last, we randomly separate subjects into 2 groups and employ adapted Elsburg Urn to evaluate their ambiguity perceptions. One hundred high-ESG industrial platforms were randomly selected. The intervention group is told that all of the selected one hundred industrial platforms are high-ESG, and the baseline group doesn’t have any ESG information. Subjects are then asked to bet on the randomly selected industrial platform’s profitability from the 100 industrial platform by paying a highest price they would like. Our lab experiment includes a discrete choice experiment to obtain subjects’ willingness to pay on ESG and other determinators of industrial platform selection, an incentivized survey to elicit their beliefs on high ESG industrial platforms’ profitabilities, and an ESG information treatment to elicit their ambiguity perceptions on ESG information.
Intervention (Hidden) We offer the selected platforms' ESG information (ESG Rating) to the intervention group. We hide the selected platforms' ESG information (ESG Rating) from the baseline group.
Pi as first author No Yes
Back to top

Fields Removed

Other Primary Investigators

Field Value
Affiliation Maastricht University
Back to top