Arbeitspapier

Public Discourse and Socially Responsible Market Behavior

We investigate the causal impact of public discourse on socially responsible market behavior. We conduct laboratory market experiments with products that differ in their production costs and social impact, and provide market actors and impacted third parties with the opportunity to discuss appropriate market behavior. Across two studies that vary characteristics of the discourse, the external impact and the participants, we find that public discourse substantially increases market social responsibility. Our findings suggest that discussions and campaigns focusing on appropriate market behavior can be powerful tools for shaping responsible norms governing market conduct and addressing inefficiencies due to market failures.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 8531

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Group Behavior
Externalities
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Corporate Culture; Diversity; Social Responsibility
Thema
public discourse
market failure
externalities
social responsibility
social norms
experiment
communication

Ereignis
Geistige Schöpfung
(wer)
Bartling, Björn
Valero, Vanessa
Weber, Roberto A.
Lan, Yao
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and Ifo Institute (CESifo)
(wo)
Munich
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bartling, Björn
  • Valero, Vanessa
  • Weber, Roberto A.
  • Lan, Yao
  • Center for Economic Studies and Ifo Institute (CESifo)

Entstanden

  • 2020

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