Arbeitspapier
Is socially responsible production a normal good?
This paper uses a controlled laboratory experiment to investigate the effect of wealth on individual social responsibility (ISR), defined as choosing a more socially responsible product if a cheaper alternative is available. We find that rich consumers are significantly less likely to engage in ISR than poor consumers. This suggests that socially responsible production conditions may not be normal product attributes.
- Language
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Englisch
- Bibliographic citation
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Series: DIW Discussion Papers ; No. 1644
- Classification
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Wirtschaft
Corporate Culture; Diversity; Social Responsibility
Relation of Economics to Social Values
Design of Experiments: Laboratory, Individual
- Subject
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social responsibility
consumer behavior
market experiment
wealth effect
- Event
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Geistige Schöpfung
- (who)
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Friedrichsen, Jana
- Event
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Veröffentlichung
- (who)
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Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
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Berlin
- (when)
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2017
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Friedrichsen, Jana
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2017