Arbeitspapier
Do Markets Erode Social Responsibility?
This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in which low-cost production creates a negative externality for third parties, but where alternative production with higher costs entirely mitigates the externality. Our data reveal a robust and persistent preference for avoiding negative social impact in the market, reflected both in the composition of product types and in a price premium for socially responsible products. Socially responsible behavior in the market is generally robust to varying market characteristics, such as increased seller competition and limited consumer information. Fair behavior in the market is slightly lower than that measured in comparable individual decisions.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 4491
- Klassifikation
-
Wirtschaft
Design of Experiments: Laboratory, Group Behavior
Externalities
- Thema
-
social responsibility
markets
externalities
competition
fairness
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bartling, Björn
Weber, Roberto A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bartling, Björn
- Weber, Roberto A.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2013
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