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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Bibliographic Details
Main Authors: LIU, Yanju, Lu, Hai, Veenstra, Kevin
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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