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Animal Welfare or Own Welfare: What Motivates Consumers’ Choice of Cage-Free Products? 2024-11-23 摘要This study addresses the puzzle of animal welfare regulations consistently passing by majority votes, despite potential welfare losses evident in market data. To understand this phenomenon, we propose a conceptual framework that considers two possibilities: first, animal welfare might not be valued in the market, as suggested by classical externality analysis, and second, it could be valued due ...
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