Research on the Influencing Factors of Consumer Seafood Consumption Willingness in the Bohai Rim Area Based on Random Forest and Structural Equation Model

Authors

  • Yucong Peng
  • Le Kang
  • Zhongxu Ma
  • Junchen Liu
  • Yizhuo Sun
  • Zhirui Zhang
  • Yichen Xiang

DOI:

https://doi.org/10.54097/7vf1cs45

Keywords:

Random Forest; Structural Equation Modeling; Factor Analysis; Consumer Willingness; Bohai Rim Area; Seafood.

Abstract

With the increasing prominence of environmental issues, the impact of nuclear pollution events on the marine ecological environment has attracted widespread concern. This study aims to explore the influencing factors of consumers' willingness to consume seafood in the Bohai Rim area when facing nuclear pollution events. By combining the use of random forest and structural equation modeling (SEM), this research conducted an in-depth analysis of the collected survey data. Initially, the random forest model was applied to rank the importance of satisfaction scale indicators, factor analysis was used to reduce the scale indicators to obtain factors affecting consumer satisfaction, and finally, the SEM model was employed to study the impact of various factors and indicators on consumer satisfaction, identifying the key factors affecting the willingness to consume prepared dishes. The study results show that consumers pay high attention to the origin, quality, and nutritional value of seafood, and these factors are proven to have a significant impact on consumption willingness through the measurement model. The structural model analysis reveals the importance of business services and product features in enhancing consumers' willingness to purchase. Additionally, the model fit indices indicate that the proposed model structure fits the actual data well. This study provides targeted marketing strategy recommendations for seafood suppliers to adapt to changes in consumer behavior under environmental changes.

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References

Li, Zichao, et al. "Research on calculation and verification of hazardous area for radioactive sewage entering into the ocean." Progress in Nuclear Energy 161 (2023): 104739.

Kamei-Ishikawa, Nao, et al. "Fate of radiocesium in sewage treatment process released by the nuclear accident at Fukushima." Chemosphere 93.4 (2013): 689-694.

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Bowen, Natasha K., and Shenyang Guo. Structural equation modeling. Oxford University Press, 2011.

Horn, Katrin. "Consumer values and product perception." Consumer Perception of Product Risks and Benefits (2017): 283-299.

Elsayed, Elsayed A. "Overview of reliability testing." IEEE Transactions on Reliability 61.2 (2012): 282-291.

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Published

10-06-2024

How to Cite

Peng, Y., Kang, L., Ma, Z., Liu, J., Sun, Y., Zhang, Z., & Xiang, Y. (2024). Research on the Influencing Factors of Consumer Seafood Consumption Willingness in the Bohai Rim Area Based on Random Forest and Structural Equation Model. Highlights in Business, Economics and Management, 34, 170-176. https://doi.org/10.54097/7vf1cs45