Ethical investments: Preferences and morality

Alan Lewis, John Cullis

Research output: Contribution to journalArticle

Abstract

An economist and a social psychologist/sociologist discuss ethical investing (i.e., investing in socially desirable/attractive goods/services). An economic psychology model is outlined that allows for concerned investing. Four processes are identified: on the supply-side is the notion of innovative (value shift) marketing strategies; on the demand-side are consumer altruism, the influence of liberal elites, and the changing characteristics of consumers/investors (vintage preferences). This economic psychology model attaches weight to economic processes, not just consequences; to causal explanations beyond economic determinism; and to an interest in individual cognition (thinking, choices, attitudes, and preferences). (PsycINFO Database Record (c) 2007 APA, all rights reserved).
LanguageEnglish
Pages395-411
Number of pages17
JournalJournal of Behavioral Economics
Volume19 Win
Issue number4
StatusPublished - 1990

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Investing
Ethical investment
Economic psychology
Morality
Marketing strategy
Economic processes
Ethical investing
Economists
Investors
Economics
Cognition
Supply side
Altruism
Determinism
Elites

Cite this

Ethical investments: Preferences and morality. / Lewis, Alan; Cullis, John.

In: Journal of Behavioral Economics, Vol. 19 Win, No. 4, 1990, p. 395-411.

Research output: Contribution to journalArticle

Lewis, A & Cullis, J 1990, 'Ethical investments: Preferences and morality', Journal of Behavioral Economics, vol. 19 Win, no. 4, pp. 395-411.
Lewis, Alan ; Cullis, John. / Ethical investments: Preferences and morality. In: Journal of Behavioral Economics. 1990 ; Vol. 19 Win, No. 4. pp. 395-411.
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