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
Englisch

Bibliographic citation
Series: DIW Discussion Papers ; No. 1644

Classification
Wirtschaft
Corporate Culture; Diversity; Social Responsibility
Relation of Economics to Social Values
Design of Experiments: Laboratory, Individual
Subject
social responsibility
consumer behavior
market experiment
wealth effect

Event
Geistige Schöpfung
(who)
Friedrichsen, Jana
Event
Veröffentlichung
(who)
Deutsches Institut für Wirtschaftsforschung (DIW)
(where)
Berlin
(when)
2017

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Friedrichsen, Jana
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Time of origin

  • 2017

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