Is Socially Responsible Production a Normal Good?

Jana Friedrichsen

No 1644, Discussion Papers of DIW Berlin from DIW Berlin, German Institute for Economic Research

Abstract: This paper uses a controlled laboratory experiment to investigate the effect of wealth on individual social responsibility (ISR), defined as choosing a more socially responsible product if a cheaper alternative is available. We find that rich consumers are significantly less likely to engage in ISR than poor consumers. This suggests that socially responsible production conditions may not be normal product attributes.

Keywords: Social responsibility; consumer behavior; market experiment; wealth effect (search for similar items in EconPapers)
JEL-codes: A13 D03 J81 M14 (search for similar items in EconPapers)
Pages: 12 p.
Date: 2017
New Economics Papers: this item is included in nep-exp and nep-mkt
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwwpp:dp1644

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