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This paper experimentally investigates how concerns for social approval relate to intrinsic motivations to purchase ethically. Participants state their willingness-to-pay for both a fair trade and a conventional chocolate bar in private or publicly. A standard model of social image predicts that...
Persistent link: https://www.econbiz.de/10011587460
Using a discrete choice experiment (DCE), we analyze how social comparisons and financial information influence households' preferences and trade-offs among three sustainable electricity demand behaviors: conservation actions, efficiency investments, and purchasing a green power mix. Our results...
Persistent link: https://www.econbiz.de/10015338095
While audience and participation surveys, as well as econometric demand studies, generally confirm that performing arts … determinant than income, but that evidence is more reliable from survey results than from econometric estimation, and arts … training is often distinguished from formal education. The arts as luxury goods can only be confirmed by those rare studies …
Persistent link: https://www.econbiz.de/10014023815
We conduct a field study at a performing arts theatre offering pay-what-you-want (PWYW) pricing as one of several …
Persistent link: https://www.econbiz.de/10014031737
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We consider the interaction of intrinsic motivation and concerns for social approval in a laboratory experiment. We elicit a proxy for Fairtrade preferences before the experiment in which we elicit willingness to pay for conventional and Fairtrade chocolate. Treatments vary whether this can be...
Persistent link: https://www.econbiz.de/10010223073
We consider the interaction of intrinsic motivation and concerns for social approval in a laboratory experiment. We elicit a proxy for Fairtrade preferences before the experiment. In the experiment, we elicit willingness to pay for conventional and Fairtrade chocolate. Treatments vary whether...
Persistent link: https://www.econbiz.de/10010342805
To address the impact of regulation on ethical concerns of consumers, we study the example of minimum wages. In our experimental market, consumers have monopsony power, firms set prices and wages, and workers are passive recipients of a wage payment. We find that the consumers exhibit...
Persistent link: https://www.econbiz.de/10011489877