Bartling, Björn; Fehr, Ernst; Özdemir, Yagiz - In: The Review of Economics and Statistics 105 (2023) 1, pp. 226-235
The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. In an influential paper, Falk and Szech (2013) provide experimental data that seem to suggest that “market interaction erodes...