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Interdependencies in consumer behavior stem from either status-seeking consumption or compliance with social norms. This paper analyzes how a consumption act changes from a means to signal the consumer's status to a means of norm compliance. It is shown that such a transformation can only be...
Persistent link: https://www.econbiz.de/10010267166
Hunt regarding externalities, endogenous preferences, the Coase theorem, and an alternative to the market system known as …
Persistent link: https://www.econbiz.de/10011137452
We investigate the causal impact of public discourse on socially responsible market behavior. We conduct laboratory market experiments with products that differ in their production costs and social impact, and provide market actors and impacted third parties with the opportunity to discuss...
Persistent link: https://www.econbiz.de/10012284780
We investigate the causal impact of public discourse on socially responsible market behavior. We conduct laboratory market experiments with products that differ in their production costs and social impact, and provide market actors and impacted third parties with the opportunity to discuss...
Persistent link: https://www.econbiz.de/10012314818
We investigate the causal impact of public discourse on socially responsible market behavior. We conduct laboratory market experiments with products that differ in their production costs and social impact, and provide market actors and impacted third parties with the opportunity to discuss...
Persistent link: https://www.econbiz.de/10012263682
We investigate the causal impact of public discourse on socially responsible market behavior. We conduct laboratory market experiments with products that differ in their production costs and social impact, and provide market actors and impacted third parties with the opportunity to discuss...
Persistent link: https://www.econbiz.de/10012271770
a (suitable chosen) commodity space. Using this definition endogenous tastes are analytically similar to externalities … tastes have a direct and an indirect impact on welfare. The literature on externalities usually focuses on the direct effect …
Persistent link: https://www.econbiz.de/10008633371
Many consumers care about climate change and other externalities associated with their purchases. We analyze the …
Persistent link: https://www.econbiz.de/10014443852
failures, namely: externalities, public goods, natural monopoly and information asymmetries. The present paper will focused on …
Persistent link: https://www.econbiz.de/10010675722
Many consumers care about climate change and other externalities associated with their purchases. We analyze the …
Persistent link: https://www.econbiz.de/10014446285