Stefan Grundner

Stefan Grundner

Jun 25, 2018

Group 6 Copy 190
0
Please wait...

About This Project

Studies have shown that even well-informed consumers rarely purchase ethical products. Insights from behavioural economics suggest that informing consumers is not enough. In addition, consumers need to be reassured that other consumers purchase equally ethical products. Only then will they express their ethical values in their own purchase decisions and thus force firms to produce compliantly. My aim is to conduct an economic laboratory experiment that allows for analysing this market dynamics.

More Lab Notes From This Project

Blast off!

Browse Other Projects on Experiment

Related Projects

Can our unconscious minds predict the stock market?

Thirty years of data suggest that non-conscious processing correlates with future events. We have used this...

No but seriously now, how much fertilizer do we really need?

This is a follow-up project to our first experiment.com project "How much fertilizer do we really need...

Pecuniary & Non Pecuniary Incentives for Teachers : Evidence from Nigeria

Quality education depends on many factors,among which teaching emerges as a critical one. According to the...