Does market interaction influence morality? We study a particular angle of this classic question theoretically and … development of morality and prosocial behavior over time, in particular with respect to episodes in history where the nature of …

Dewatripont and Tirole (2024) defend the morality of markets on the ground of an irrelevance result: the social … production of moral actions is independent from competitive pressure on markets. No matter how strong competitive pressure is …, markets perform well in diffusing signals about moral values and in coordinating suppliers of moral actions. In this comment …

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 incentives for unethical practices (like using child labor) to increase …

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 incentives for unethical practices (like using child labor) to increase …

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 behavior by setting up markets that either impose a negative externality on …