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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.

Suggested Citation

  • Amanor-Boadu, Vincent, 2008. "On the Development of an Ethical Demand Theory," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6236, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea08:6236
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    File URL: http://purl.umn.edu/6236
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    References listed on IDEAS

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    1. Edward L. Glaeser, 2004. "Psychology and the Market," American Economic Review, American Economic Association, vol. 94(2), pages 408-413, May.
    2. D. A. L. Auld, 1974. "Advertising and the Theory of Consumer Choice," The Quarterly Journal of Economics, Oxford University Press, vol. 88(3), pages 480-487.
    3. 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.
    4. 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 131-163, May.
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    Keywords

    Demand and Price Analysis;

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