DOES MARKET INTERACTION ERODE MORAL VALUES?

• 成果类型: Article
• 署名作者: Bartling, Bjoern; Fehr, Ernst; Ozdemir, Yagiz
• 署名单位: University of Zurich
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_01021
• 发表日期: 2023-01
• 页码: 226-235
• 关键词: externalities

摘要

The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. In an influential paper, Falk and Szech (2013) provide experimental data that seem to suggest that market interaction erodes moral values. Although we replicate their main treatment effect, we show that additional treatments are necessary to corroborate their conclusion. These treatments reveal that playing repeatedly, and not market interaction, causes the erosion of moral values. Our paper thus shows that neither Falk and Szech's data nor our data support the claim that markets erode morals.