Is socially responsible production a normal good?

Jana Friedrichsen

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.

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Year of publication:	2017
Authors:	Friedrichsen, Jana
Publisher:	Berlin : DIW Berlin, German Institute for Economic Research
Subject:	social responsibility \| consumer behavior \| market experiment \| wealth effect \| Konsumentenverhalten \| Consumer behaviour \| Corporate Social Responsibility \| Corporate social responsibility \| Experiment

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Extent:	1 Online-Ressource (circa 14 Seiten) Illustrationen
Series:	Discussion papers / Deutsches Institut für Wirtschaftsforschung. - Berlin : [Verlag nicht ermittelbar], ISSN 1619-4535, ZDB-ID 2125067-4. - Vol. 1644
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/155362 [Handle]
Classification:	M14 - Corporate Culture; Social Responsibility ; A13 - Relation of Economics to Social Values ; C91 - Laboratory, Individual Behavior ; D03 - Behavioral Economics; Underlying Principles
Source:	ECONIS - Online Catalogue of the ZBW

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