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Abstract: The traditional marine conservation model, which relies on purely
altruistic donations, faces severe financial sustainability challenges due to
the volatility of grant funding. This study examines "Adopt-a-Coral"
services through the lenses of prosocial consumption and experiential
marketing, framing participation in conservation as a utility-generating
consumption choice rather than a mere charitable act. The paper constructs a
theoretical framework and mathematical model of consumer utility (Uit), integrating
Psychological Ownership (PO), Emotional Rewards (ER), Ecological Value (E), and Personalized
Experiential Value (X), alongside Service Price (Pit) and Past Engagement (Ait). The research employs
an advanced quantitative mixed design: a Scenario-based Experiment to test the
causal impact of personalized experiences on the formation of Psychological
Ownership, and a Choice Experiment combined with Partial Least Squares
Structural Equation Modeling (PLS-SEM) to estimate utility parameters, measure
Willingness to Pay (WTP), and test the mediating role of Emotional Rewards on long-term
Customer Retention (CR). The findings contribute to Consumer Behavior theory and
Environmental Economics by decoding the psychological "black box" of
donors, while offering vital managerial implications for conservation
organizations and social enterprises to design self-sustaining,
subscription-based conservation packages. DOI: https://doi.org/10.51505/IJEBMR.2026.11003 |
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