Is the Price Right? The Role of Morals, Ideology, and Tradeoff Thinking in Explaining Reactions to Price Surges
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- Julio Elias & Nicola Lacetera & Mario Macis, 2022. "Is the Price Right? The Role of Morals, Ideology, and Tradeoff Thinking in Explaining Reactions to Price Surges," CESifo Working Paper Series 9712, CESifo.
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- Sirin, Selahattin Murat & Camadan, Ercument & Erten, Ibrahim Etem & Zhang, Alex Hongliang, 2023. "Market failure or politics? Understanding the motives behind regulatory actions to address surging electricity prices," Energy Policy, Elsevier, vol. 180(C).
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More about this item
Keywords
price surges; price controls; preferences; morality; tradeoffs;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EXP-2022-05-16 (Experimental Economics)
- NEP-HPE-2022-05-16 (History and Philosophy of Economics)
- NEP-IND-2022-05-16 (Industrial Organization)
- NEP-REG-2022-05-16 (Regulation)
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