Year: 2014
Type: preprint
Study design: Observational Study
Abstract: In this paper, we propose a reputation-signalling model of demand for consumer goods containing pro-social characteristics such as a 'fair trade' or 'organic' certification. We show that reputation signalling can reverse price reactions resembling the crowding-out of pre-existing motives for pro-social behavior seen in situations of volunteering and charitable giving. Finally, using a unique combination of questionnaire and purchase panel data, we present evidence of such reputation-driven reversal of price reactions in the Danish market for organic milk.
Language: English
Subfield: Marketing
Domain: Social Sciences
Open Access status: green
Funder: Danmarks Frie Forskningsfond
OpenAlex ID: W573907835