| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29963 |
| 来源ID | Working Paper 29963 |
| Is the Price Right? The Role of Morals, Ideology, and Tradeoff Thinking in Explaining Reactions to Price Surges | |
| Julio J. Elias; Nicola Lacetera; Mario Macis | |
| 发表日期 | 2022-04-25 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Price surges often generate social disapproval and requests for regulation and price controls, but these interventions may cause inefficiencies and shortages. To study how individuals perceive and reason about sudden price increases for different products under different policy regimes, we conduct a survey experiment with Canadian and U.S. residents. Econometric and textual analyses indicate that prices are not seen just as signals of scarcity; they cause widespread opposition and strong and polarized moral reactions. However, acceptance of unregulated prices is higher when potential economic tradeoffs between unregulated and controlled prices are salient and when higher production costs contribute to the price increases. The salience of tradeoffs also reduces the polarization of moral judgments between supporters and opponents of unregulated pricing. In part, the acceptance of free price adjustments is driven by people’s overall attitudes about the function of markets and the government in society. These findings are corroborated by a donation experiment, and they suggest that awareness of the causes and potential consequences of price increases may induce less extreme views about the role of market institutions in governing the economy. |
| 主题 | Econometrics ; Data Collection ; Experimental Design ; Microeconomics ; Welfare and Collective Choice ; Behavioral Economics ; Health, Education, and Welfare ; Health ; Industrial Organization ; Regulatory Economics ; Other ; Culture |
| URL | https://www.nber.org/papers/w29963 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587637 |
| 推荐引用方式 GB/T 7714 | Julio J. Elias,Nicola Lacetera,Mario Macis. Is the Price Right? The Role of Morals, Ideology, and Tradeoff Thinking in Explaining Reactions to Price Surges. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29963.pdf（3064KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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