Arbeitspapier
Where to look for the morals in markets?
There is a heated debate on whether markets erode social responsibility and moral behavior. However, it is a challenging task to identify and measure moral behavior in markets. Based on a theoretical model, we examine in an experiment the relation between trading volume, prices and moral behavior by setting up markets that either impose a negative externality on third parties or not. We find that moral behavior reveals itself in lower trading volume in markets with an externality, and in prices depending on the market structure. We further investigate individual characteristics that explain trading behavior in markets with externalities.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Papers in Economics and Statistics ; No. 2018-18
- Klassifikation
-
Wirtschaft
Design of Experiments: Laboratory, Group Behavior
Externalities
- Thema
-
Morals
Markets
Competition
Experiment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Sutter, Matthias
Huber, Jürgen
Kirchler, Michael
Stefan, Matthias
Walzl, Markus
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
- (wo)
-
Innsbruck
- (wann)
-
2018
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Sutter, Matthias
- Huber, Jürgen
- Kirchler, Michael
- Stefan, Matthias
- Walzl, Markus
- University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
Entstanden
- 2018
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