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ESG Aversion: Experimental Evidence on Perceptions and Preferences

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NBER2025-07-01 更新2025-07-26 收录
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We develop an experimental framework to separate belief- from taste-based demand for Environmental, Social, and Governance (ESG) partnerships. In two symmetric experiments with real startup founders and VC investors, we found evidence of significant ESG penalty: profiles randomly labeled as ESG

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2025-07-01
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