Is Sin Always a Sin? The Interaction Effect of Social Norms and Financial Incentives on Market Participants’ Behavior

Using alcohol, tobacco, and gaming consumption data and people’s attitudes toward these sin products to proxy for social norm acceptance levels, we show a strong interaction effect between social norms and financial incentives, which significantly influence the behavior of market participants. Speci...

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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 2014
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Online Access:https://ink.library.smu.edu.sg/soa_research/1263
https://ink.library.smu.edu.sg/context/soa_research/article/2262/viewcontent/SSRN_id2419667.pdf
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Institution: Singapore Management University
Language: English

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