Publication
Does a market with green goods voluntarily internalize externalities? Evidence from a lab experiment
| dc.contributor.author | Fernandes, Maria Eduarda | |
| dc.contributor.author | Valente, Marieta | |
| dc.date.accessioned | 2018-07-05T14:32:49Z | |
| dc.date.available | 2018-07-05T14:32:49Z | |
| dc.date.issued | 2018 | |
| dc.description.abstract | In a green goods market a combination of individual and corporate social responsibility may lead to the internalization of externalities. This economics experiment implements a market for green credence goods in the presence of externalities on other buyers and explores whether a combination of individual and corporate social responsibility may lead to the internalization of externalities. Under information asymmetry, we observe widespread false claims and an apparently pro-environmental market, when in reality green goods are sparingly sold. When a credible label is possible or when the information asymmetry is removed, the provision of actual green goods increases, but is roughly 20% to 25% of the market share. While this share is non-negligible, the niche market that ensues does not ensure that less environmentally damaging consumption options will be widespread, nor that social welfare will be maximized once the information asymmetry is removed. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10400.8/3322 | |
| dc.language.iso | por | pt_PT |
| dc.peerreviewed | yes | pt_PT |
| dc.subject | Externalities | pt_PT |
| dc.subject | Credence goods | pt_PT |
| dc.subject | Labels | pt_PT |
| dc.subject | Prosocial behavior | pt_PT |
| dc.subject | Economics experiments | pt_PT |
| dc.title | Does a market with green goods voluntarily internalize externalities? Evidence from a lab experiment | pt_PT |
| dc.type | conference object | |
| dspace.entity.type | Publication | |
| oaire.citation.title | WCERE 2018 - 6th World Congress of Environmental and Resource Economists, Gothenburg, Sweden, 25-29 June 2018 | pt_PT |
| person.familyName | Fernandes | |
| person.givenName | Maria Eduarda | |
| person.identifier.ciencia-id | AC13-ED97-A1C0 | |
| person.identifier.orcid | 0000-0001-6584-0412 | |
| person.identifier.scopus-author-id | 57191744568 | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | conferenceObject | pt_PT |
| relation.isAuthorOfPublication | 4db6bf33-8fbf-43c5-b14c-75a606ad8783 | |
| relation.isAuthorOfPublication.latestForDiscovery | 4db6bf33-8fbf-43c5-b14c-75a606ad8783 |