Doing the right thing (or not) in a lemons-like situation: on the role of social preferences and Kantian moral concerns
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arXiv
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| Format: | Preprint |
| Published: |
2024
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| _version_ | 1866929352178925568 |
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| author | Alger, Ingela Rivero-Wildemauwe, José Ignacio |
| author_facet | Alger, Ingela Rivero-Wildemauwe, José Ignacio |
| contents | We conduct a laboratory experiment using framing to assess the willingness to ``sell a lemon'', i.e., to undertake an action that benefits self but hurts the other (the ``buyer''). We seek to disentangle the role of other-regarding preferences and (Kantian) moral concerns, and to test if it matters whether the decision is described in neutral terms or as a market situation. When evaluating an action, morally motivated individuals consider what their own payoff would be if -- hypothetically -- the roles were reversed and the other subject chose the same action (universalization). We vary the salience of role uncertainty, thus varying the ease for participants to envisage the role-reversal scenario. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2405_13186 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Doing the right thing (or not) in a lemons-like situation: on the role of social preferences and Kantian moral concerns Alger, Ingela Rivero-Wildemauwe, José Ignacio General Economics Economics We conduct a laboratory experiment using framing to assess the willingness to ``sell a lemon'', i.e., to undertake an action that benefits self but hurts the other (the ``buyer''). We seek to disentangle the role of other-regarding preferences and (Kantian) moral concerns, and to test if it matters whether the decision is described in neutral terms or as a market situation. When evaluating an action, morally motivated individuals consider what their own payoff would be if -- hypothetically -- the roles were reversed and the other subject chose the same action (universalization). We vary the salience of role uncertainty, thus varying the ease for participants to envisage the role-reversal scenario. |
| title | Doing the right thing (or not) in a lemons-like situation: on the role of social preferences and Kantian moral concerns |
| topic | General Economics Economics |
| url | https://arxiv.org/abs/2405.13186 |