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Doing the right thing (or not) in a lemons-like situation: on the role of social preferences and Kantian moral concerns

Ingela Alger and Jos\'e Ignacio Rivero-Wildemauwe

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Abstract: We conduct a laboratory experiment using framing to assess the willingness to ``sell a lemon'', i.e., to undertake an action that benefits self but hurts the other (the ``buyer''). We seek to disentangle the role of other-regarding preferences and (Kantian) moral concerns, and to test if it matters whether the decision is described in neutral terms or as a market situation. When evaluating an action, morally motivated individuals consider what their own payoff would be if -- hypothetically -- the roles were reversed and the other subject chose the same action (universalization). We vary the salience of role uncertainty, thus varying the ease for participants to envisage the role-reversal scenario.

Date: 2024-05
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-exp, nep-hme and nep-hpe
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http://arxiv.org/pdf/2405.13186 Latest version (application/pdf)

Related works:
Working Paper: Doing the right thing (or not) in a lemons-like situation: on the role of social preferences and Kantian moral concerns (2024) Downloads
Working Paper: Doing the right thing (or not) in a lemons-like situation: on the role of social preferences and Kantian moral concerns (2024) Downloads
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