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On the Development of an Ethical Demand Theory

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  • Amanor-Boadu, Vincent

Abstract

As an increasing number of consumers shift to demand products on the basis on production practices, animal welfare protocols, human rights initiatives, it is becoming important that we develop new tools for evaluating the decision-making frameworks in the ethical products market place. This paper draws on the behavioral economics and the principal-agent literature to provide a framework for conducting such analyses.

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File URL: http://purl.umn.edu/6236
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida with number 6236.

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Date of creation: 2008
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Handle: RePEc:ags:aaea08:6236

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Keywords: Demand and Price Analysis;

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  1. Edward L. Glaeser, 2004. "Psychology and the Market," NBER Working Papers 10203, National Bureau of Economic Research, Inc.
  2. Karen Klonsky & Laura Tourte, 1998. "Organic Agricultural Production in the United States: Debates and Directions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1119-1124.
  3. Richard G. Lipsey & Gideon Rosenbluth, 1971. "A Contribution to the New Theory of Demand: A Rehabilitation of the Giffen Good," Canadian Journal of Economics, Canadian Economics Association, vol. 4(2), pages 131-63, May.
  4. Auld, D A L, 1974. "Advertising and the Theory of Consumer Choice," The Quarterly Journal of Economics, MIT Press, vol. 88(3), pages 480-87, August.
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