Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can …

This paper studies the impact of a key feature of competitive markets on moral behavior: the possibility that a … on the effect of markets on morals. …

This paper studies the impact of a key feature of competitive markets on moral behavior: the possibility that a … on the effect of markets on morals. …

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 …

Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can …

Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can …

This paper studies socially responsible behavior in markets. We develop a laboratory product market in which low … seller competition and limited consumer information, and it responds to costs and prices in a manner consistent with a model …-cost production that creates negative externalities is significantly more prevalent in markets in China. Across both studies …