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Type | Journal Article |
Scope | Discipline-based scholarship |
Title | On the scope of externalities in experimental markets |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | Experimental Economics |
Publisher | Springer |
Geographical Reach | international |
ISSN | 1386-4157 |
Volume | 22 |
Number | 3 |
Page Range | 610 - 624 |
Date | 2019 |
Abstract Text | We study how the scope of negative externalities from market activity affects the willingness of market actors to exhibit social responsibility. Using the laboratory experimental paradigm introduced by Bartling et al. (Q J Econ 130(1):219–266, 2015), we compare the voluntary internalization of negative social impacts by market actors in cases where the negative externality is diffused among many subjects or is concentrated on a single subject. We (1) replicate earlier results demonstrating substantial degrees of market social responsibility and (2) find that the willingness of market actors to act pro-socially is only slightly affected by whether the impacts are concentrated or diffused. |
Digital Object Identifier | 10.1007/s10683-017-9549-9 |
Other Identification Number | merlin-id:15622 |
PDF File | Download from ZORA |
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Keywords | Negative externalities, scope of externalities, social responsibility, market experiments |
Additional Information | This is a post-peer-review, pre-copyedit version of an article published in Experimental Economics. The final authenticated version is available online at: https://doi.org/10.1007/s10683-017-9549-9 |