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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
environmental externalities such as pollution. We argue that consumer contracts generate externalities by overwhelming consumers …
Persistent link: https://www.econbiz.de/10013307217
Hunt regarding externalities, endogenous preferences, the Coase theorem, and an alternative to the market system known as …
Persistent link: https://www.econbiz.de/10011137452
Interdependencies in consumer behavior stem from either status-seeking consumption orcompliance with social norms. This paper analyzes how a consumption act changes froma means to signal the consumer’s status to a means of norm compliance. It is shown thatsuch a transformation can only be...
Persistent link: https://www.econbiz.de/10005867792
emergence of the cleanliness norm in the 19th century. -- social norms ; status seeking ; externalities ; consumer needs …
Persistent link: https://www.econbiz.de/10003875550
Pigouvian taxes are often used to limit environmental externalities such as pollution. We argue that consumer contracts generate … externalities by overwhelming consumers’ attention. Depleting each consumer’s attention harms consumers collectively because lower …
Persistent link: https://www.econbiz.de/10013307216
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