Is Sin Always a Sin? The Interaction Effect of Social Norms and Financial Incentives on Market
Using alcohol, tobacco, and gaming consumption data and people’s attitudes toward these sin products to proxy for the social norm acceptance level, we examine how social norms and financial incentives jointly affect the decisions of investment professionals and managers of these “sin” companies. We...
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Main Authors: | LIU, Yanju, Lu, Hai, Veenstra, Kevin |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2011
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Online Access: | https://ink.library.smu.edu.sg/soa_research/883 http://www.rotman.utoronto.ca/facbios/file/LiuLuVeenstra_Jan22_2011_Finalversion_Full.pdf |
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Institution: | Singapore Management University |
Language: | English |
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