Please use this identifier to cite or link to this item:
Title: The pursuit of profit and socially responsible behavior in market exchange : an experimental analysis
Authors: Gan, Jiawen
Li, Wenxin
Wang, Zhaoyu
Keywords: DRNTU::Social sciences
Issue Date: 2017
Abstract: Enlightened by Bartling, Weber and Yao’s (2015) experimental study on market socially responsible behavior, this paper aims to studies the effect of varying production cost of “externality-free” product on socially responsible behaviors in market setting. We observe persistent positive levels of social responsibility showing in consumers’ and firms’ behaviors even when the production cost of externality-free product goes up. However, higher production cost of fair product drags down the level of social responsibility significantly. In other words, although consumers and firms’ concern about social welfare and their willingness of behaving in socially responsible manners usually emerges naturally, they also concern about their own profit, limiting or even discouraging their willingness of behaving ethically in certain circumstances.
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:HSS Student Reports (FYP/IA/PA/PI)

Files in This Item:
File Description SizeFormat 
HE_2AY1617_27 FYP Report.pdf
  Restricted Access
1.65 MBAdobe PDFView/Open

Page view(s) 50

Updated on Jan 22, 2021

Download(s) 50

Updated on Jan 22, 2021

Google ScholarTM


Items in DR-NTU are protected by copyright, with all rights reserved, unless otherwise indicated.