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Are consumers in developing countries willing to pay for aquaculture food safety certification? Evidence from a field experiment in Nigeria

Paper summary generated by OpenAI: This study investigates the willingness to pay (WTP) for aquaculture products among consumers in developing countries. Utilizing a combination of surveys and econometric modeling, the research identifies key factors influencing consumer preferences and pricing sensitivity in the aquaculture market. The findings reveal that demographic variables, income levels, and awareness of aquaculture benefits significantly affect WTP. The results provide valuable insights for policymakers and aquaculture producers aiming to enhance market strategies in developing regions.

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