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The Moral Preferences of Investors: Experimental Evidence

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NBER2022-01-01 更新2025-01-04 收录
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We characterize investors moral preferences in a parsimonious experimental setting, where we auction stocks with various ethical features. We find strong evidence that investors seek to align their investments with their social values (value alignment), and find no evidence of behavior driven by the

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2022-01-01
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