Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.8/3322
Título: Does a market with green goods voluntarily internalize externalities? Evidence from a lab experiment
Autor: Fernandes, Maria Eduarda
Valente, Marieta
Palavras-chave: Externalities
Credence goods
Labels
Prosocial behavior
Economics experiments
Data: 2018
Resumo: 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.
Peer review: yes
URI: http://hdl.handle.net/10400.8/3322
Aparece nas colecções:CARME - Comunicações em conferências com publicação em atas

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