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• W3122607290 abstract "There is a heated debate on whether markets erode social responsibility and moral behavior. However, it is a challenging task to identify and measure moral behavior in markets. Based on a theoretical model, we examine in an experiment the relation between trading volume, prices and moral behavior by setting up markets that either impose a negative externality on third parties or not. We find that moral behavior reveals itself in lower trading volume in markets with a negative externality, while prices mostly depend on the market structure. We further investigate individual characteristics that explain trading behavior in markets with negative externalities." @default.
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• W3122607290 date "2019-03-19" @default.
• W3122607290 modified "2023-10-17" @default.
• W3122607290 title "Where to look for the morals in markets?" @default.
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• W3122607290 doi "https://doi.org/10.1007/s10683-019-09608-z" @default.
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