Ziegler, Andreas; Romagnoli, Giorgia; Offerman, Theo - 2020
Recent work examines whether morals are eroded in single-unit markets (Falk & Szech, 2013; Bartling, Fehr & Ozdemir …, 2020). These markets ¨ provide market power to individual traders, which limits the roles of two forces; (i) replacement … the least moral trader determines quantities. In an experiment, we compare single-unit to (more common) multi-unit markets …