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Market design and m...
Market design and moral behavior
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- Kirchler, Michael, 1977 (author)
- Gothenburg University,Göteborgs universitet,Centrum för finans,Institutionen för nationalekonomi med statistik,Centre for Finance,Department of Economics
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Huber, J. (author)
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Stefan, M. (author)
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- Sutter, Matthias, 1968 (author)
- Gothenburg University,Göteborgs universitet,Institutionen för nationalekonomi med statistik,Department of Economics
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(creator_code:org_t)
- Institute for Operations Research and the Management Sciences (INFORMS), 2016
- 2016
- English.
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In: Management science. - : Institute for Operations Research and the Management Sciences (INFORMS). - 0025-1909 .- 1526-5501. ; 62:9, s. 2615-2625
- Related links:
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https://econpapers.r...
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https://gup.ub.gu.se...
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https://doi.org/10.1...
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Abstract
Subject headings
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- In an experiment with 739 subjects, we study whether and how different interventions might have an influence on the degree of moral behavior when subjects make decisions that can generate negative externalities on uninvolved parties. Particularly, subjects can either take money for themselves or donate it to UNICEF for measles vaccines. By considering two fairly different institutional regimes-one with individual decision making, one with a double-auction market-we expose the different interventions to a kind of robustness check. We find that the threat of monetary punishment promotes moral behavior in both regimes. Getting subjects more involved with the traded good has no effect, though, in both regimes. Only the removal of anonymity, thus making subjects identifiable, has different effects across regimes, which we explain by different perceptions of responsibility.
Subject headings
- HUMANIORA -- Filosofi, etik och religion -- Filosofi (hsv//swe)
- HUMANITIES -- Philosophy, Ethics and Religion -- Philosophy (hsv//eng)
- SAMHÄLLSVETENSKAP -- Statsvetenskap -- Statsvetenskap (hsv//swe)
- SOCIAL SCIENCES -- Political Science -- Political Science (hsv//eng)
Keyword
- Behavioral economics
- Experiment
- Market design
- Morals
- Punishment
Publication and Content Type
- ref (subject category)
- art (subject category)
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