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Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011515418
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011518078
different institutional regimes - one with individual decision making, one with a double-auction market - we expose the …
Persistent link: https://www.econbiz.de/10010509999
Persistent link: https://www.econbiz.de/10012224659
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...
Persistent link: https://www.econbiz.de/10011924784
different institutional regimes – one with individual decision making, one with a double-auction market – we expose the …
Persistent link: https://www.econbiz.de/10013023776
Persistent link: https://www.econbiz.de/10011577159
The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair distribution of income. Public support for the extent of redistribution typically depends on the perceived causes of income inequality, such as differences in effort, luck, or...
Persistent link: https://www.econbiz.de/10011704184
The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair distribution of income. Public support for the extent of redistribution typically depends on the perceived causes of income inequality, such as differences in effort, luck, or...
Persistent link: https://www.econbiz.de/10011674398
Persistent link: https://www.econbiz.de/10001998458