Public Discourse and Socially Responsible Market Behavior

S-Tier
Journal: American Economic Review
Year: 2024
Volume: 114
Issue: 10
Pages: 3041-74

Authors (4)

Björn Bartling (Universität Zürich) Vanessa Valero (not in RePEc) Roberto A. Weber (not in RePEc) Lan Yao (not in RePEc)

Score contribution per author:

2.011 = (α=2.01 / 4 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We investigate the causal impact of public discourse on socially responsible market behavior. Across three laboratory experiments, having market participants engage in public discourse generally increases market social responsibility. These positive impacts are robust to variation in several characteristics of the discourse. We provide evidence that discourse strengthens beliefs that others support socially responsible exchange. However, relaxing requirements to engage in discourse sharply reduces its effectiveness. Our findings suggest that campaigns encouraging discussion of appropriate market behavior can have sizable impacts on addressing inefficiencies due to market failures but that policies encouraging broad public engagement may be important.

Technical Details

RePEc Handle
repec:aea:aecrev:v:114:y:2024:i:10:p:3041-74
Journal Field
General
Author Count
4
Added to Database
2026-01-24