The price of morality
Abstract
What would happen to prices if firms started internalizing the social impact of their behavior? A few years ago I published a model of moral management in competitive markets (Martin 2019) and I thought it would be an interesting exercise to take the price and quantity functions from this model to make a price index.
Fields of Study & Subjects
Psychology of Moral and Emotional Judgment
Ethics in Business and Education
Experimental Behavioral Economics Studies
Publication details
- Publication date
- 5 January 2026