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Title Millennials' acceptance of product-service systems: Leasing smartphones in Flanders (Belgium)
ID_Doc 18065
Authors Rousseau, S
Title Millennials' acceptance of product-service systems: Leasing smartphones in Flanders (Belgium)
Year 2020
Published
DOI 10.1016/j.jclepro.2019.118992
Abstract This study aims to determine the main factors shaping millennials' willingness to consider leasing a smartphone in Flanders (Belgium). An innovative approach, namely a discrete choice experiment (DCE), is adopted to address this issue. A DCE is a quantitative, survey-based, technique used for eliciting individual preferences. The results show that support for leasing smartphones cannot be taken for granted. Three consumer classes had significantly different attitudes, revealing that a majority of respondents were not open to leasing smartphones. The main barriers were the uncertainty regarding the consequences of entering into a lease contract, financial considerations and the role smartphones play in determining the self-identity of young consumers. Environmental concerns, financial considerations and a desire to own the latest model were stated as possible drivers of adopting such a product-service system. (C) 2019 Elsevier Ltd. All rights reserved.
Author Keywords Smartphones; Leasing; Product-service system; Discrete choice experiment
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000504632600049
WoS Category Green & Sustainable Science & Technology; Engineering, Environmental; Environmental Sciences
Research Area Science & Technology - Other Topics; Engineering; Environmental Sciences & Ecology
PDF https://lirias.kuleuven.be/bitstream/123456789/646545/2/2020-SR-JCleProd-lirias.pdf
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