Dirk Engelmann, Jana Friedrichsen, Dorothea Kübler
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Fairness in markets and market experiments: insights from a field‐plus‐lab study and a failed replication
We investigate how fairness in a laboratory experiment framed as a market exchange relates to preferences for fair trade products elicited before and at the end of the experiment. We collected two samples, 10 years apart. In the original sample, fairness in the market experiment measured by the willingness to buy at a higher price when higher wages are paid to the worker correlates both with the choice of a fair trade product and with the willingness to pay a positive fair trade premium. These correlations are not significant in the replication experiment, which indicates at best a weak relationship.
期刊介绍:
The Scandinavian Journal of Economics is one of the oldest and most distinguished economics journals in the world. It publishes research of the highest scientific quality from an international array of contributors in all areas of economics and related fields. The journal features: - Articles and empirical studies on economic theory and policy - Book reviews - Comprehensive surveys of the contributions to economics of the recipients of the Alfred Nobel Memorial Prize in Economics - A special issue each year on key topics in economics