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Department of Economics, University of ArizonaIssue Date
2022-05
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Elsevier BVCitation
Dufwenberg, M., Johansson-Stenman, O., Kirchler, M., Lindner, F., & Schwaiger, R. (2022). Mean markets or kind commerce? Journal of Public Economics.Journal
Journal of Public EconomicsRights
© 2022 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).Collection Information
This item from the UA Faculty Publications collection is made available by the University of Arizona with support from the University of Arizona Libraries. If you have questions, please contact us at repository@u.library.arizona.edu.Abstract
Does market interaction influence morality? We study a particular angle of this classic question theoretically and experimentally. The novelty of our approach is to posit that people are motivated by reciprocity – an urge many argue affects humans. While many have suggested that market interactions make people more selfish, our reciprocity-based theory allows that market interaction on the contrary induces more prosociality. Our experiment provides a test of the empirical relevance of such an effect, in some highly stylized settings. The results are broadly (but not completely) supportive. They may shed light on the development of morality and prosocial behavior over time, with respect to episodes in history where the nature of commerce was transformed.Note
Open access articleISSN
0047-2727Version
Final published versionae974a485f413a2113503eed53cd6c53
10.1016/j.jpubeco.2022.104648
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Except where otherwise noted, this item's license is described as © 2022 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY license
(http://creativecommons.org/licenses/by/4.0/).