Does the way that markets operate have a corrupting influence on people’s behavior? Outside of a market context, how much do consumers care about making socially responsible choices? And does a preference for those choices vary from one society to another? “There’s a lot of evidence that market competition largely crowds out concern for other people’s well-being,” says Roberto A. Weber, a professor of behavioral economics at the University of Zurich. To test that proposition, a…
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Read more stories by Adrienne Day.