Understanding Markets with Socially Responsible Consumers

Kaufmann, Marc; Andre, Peter; Kőszegi, Botond

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Understanding Markets with Socially Responsible Consumers

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Description: Many consumers care about climate change and other externalities associated with their purchases. We analyze the market behavior of such "socially responsible consumers," derive properties of the resulting competitive equilibria, and assess the effectiveness of different policies.

License: CC-By Attribution 4.0 International

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