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externality. Our first study, conducted in Switzerland, reveals a persistent preference among many consumers and firms for … whether market social responsibility varies across societies by comparing market behavior in Switzerland and China. While … subjects in Switzerland and China do not differ in their degree of social concern in non-market contexts, we find that low …
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This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in which low-cost production creates a negative externality for third parties, but where alternative production with higher costs entirely mitigates the externality. Our data...
Persistent link: https://www.econbiz.de/10010208489
This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in which low-cost production creates a negative externality for third parties, but where alternative production with higher costs entirely mitigates the externality. Our data...
Persistent link: https://www.econbiz.de/10010212675
Persistent link: https://www.econbiz.de/10000339424
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China has experienced more than 25 years of extraordinary economic growth. Underlying this growth has been a decentralized fiscal system, in which provinces and large cities are given the freedom to make infrastructure investments to stimulate local development, and are allowed to retain a large...
Persistent link: https://www.econbiz.de/10010522011
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