Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/177368 
Year of Publication: 
2018
Series/Report no.: 
WZB Discussion Paper No. SP II 2018-203
Publisher: 
Wissenschaftszentrum Berlin für Sozialforschung (WZB), Berlin
Abstract: 
Whether pro-social preferences identified in economic laboratories survive in natural market contexts is an important and contested issue. We find that the willingness to buy at a higher price when higher wages are paid to the worker in a laboratory experiment framed as a market exchange correlates both with the choice for a fair trade product before the laboratory experiment and with the willingness to pay a positive fair trade premium, elicited at the end of the experiment. These results support the notion that fairness preferences as assessed in laboratory experiments capture preferences in comparable situations outside the laboratory.
Subjects: 
fairness
market experiments
external validity
fair trade
JEL: 
C91
D01
D91
Document Type: 
Working Paper

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