Repugnant innovation

Allen, Darcy W E; Berg, Chris; Davidson, Sinclair

doi:10.1017/s1744137422000364

Cited by 2 publications

(4 citation statements)

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“…Repugnance forces firms to be innovative whether in their strategy (Dekker and Gradoz, 2022) or because it leads them to adopt repugnant innovations, to paraphrase the title of the article written by Darcy W.E. Allen, Chris Berg and Sinclair Davidson (2022), which is included in this symposium. Thus, where Roth was claiming that repugnance was a constraint on the functioning of markets, Allen, Berg and Davidson argue that repugnance can offer opportunities of profit.…”

Section: Managing Repugnancementioning

confidence: 99%

“…One can just remind the so famous quotation from The Wealth of Nations that says 'It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner' (1776: 119). The difference with the approach suggested here, and that followsKhalil and Marciano (2018) is that, for Smith, there were only two contexts of exchangemarket and social.4We use the term 'judgement' here in the sense used byKhalil and Marciano (2018), and not that of DarcyAllen et al (2022). They assume that repugnance is always a matter of judgement, whereas to us, as explained, there are two forms of…”

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confidence: 95%

“… 4 We use the term ‘judgement’ here in the sense used by Khalil and Marciano (2018), and not that of Darcy Allen et al . (2022). They assume that repugnance is always a matter of judgement, whereas to us, as explained, there are two forms of repugnance: that individual issued from personal judgement but also the social one, that cannot be a matter of individual judgement.…”

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confidence: 99%

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Repugnance and institutions: an introductory essay

Daou

Marciano

2023

Journal of Institutional Economics

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This symposium is based on a workshop organized (online) on 24–25 February 2021 and sponsored by World Interdisciplinary Network for Institutional Research (WINIR). In this introduction, we stress the institutional dimension of repugnance, and show how it is dealt with in the papers gathered in the symposium. Kimberly Krawiec analyses repugnance in connection with externalities, and shows that contrary to what the ‘corruption theorists’ say, creating repugnant markets does not undermine social values. Peter Cserne shows that, in order to ensure a fully efficient regulation of repugnant behaviours, a transversal view combining the economic and legal approach to repugnance is necessary. The last two papers focus on entrepreneurship. Erwin Dekker and Julien Gradoz analyse the management of repugnance: how two firms, producing goods considered repugnant, adopt strategic behaviour to offset the costs generated by repugnance. Darcy W. E. Allen, Chris Berg and Sinclair Davidson take the analysis one step further and examine how ‘evasive entrepreneurs’ use repugnance as profit opportunity. Their innovations challenge social norms and the boundaries of what is viewed as repugnant in the society at large.

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Section: Managing Repugnancementioning

confidence: 99%

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confidence: 95%

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confidence: 99%

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Repugnance and institutions: an introductory essay

Daou

Marciano

2023

Journal of Institutional Economics

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“… 4 An important point, suggested by one of the reviewers, must be noted here. The costs can be manipulated or influenced (in particular by firms or entrepreneurs who may want to exploit repugnance to increase their profits; on entrepreneurship and repugnance, see Allen, Berg and Davidson, 2022; Dekker and Gradoz, 2022). As a consequence, these costs can be maintained artificially high (or low) and therefore affect what individuals find repugnant or not.…”

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Repugnance, externalities and subjectivism: a comment on Krawiec

Daou

Marciano

2023

Journal of Institutional Economics

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In her ‘Markets, repugnance, and externalities’ (2022), Kimberly Krawiec notes that the so-called corruption theorists fail to provide evidence that the adoption of repugnant behaviours or commodification destroy social values. She adds that, the values repugnant behaviours are supposed to destroy may even be reinforced after a market has been created. The explanation she explores is that the creation of a market never goes without debates that allow the society to ponder the values it stands for. We suggest an alternative view on the lack of evidence Krawiec identifies. Our starting point is Krawiec's interpretation of repugnance in terms of externalities. We claim that an analysis of repugnance based on externalities requires a characterization of what an externality is, which is rarely done. We show that economists use two opposed definitions of externalities, an objective and a subjective one, and then show what it implies for an analysis of repugnance and justify why the corruption thesis is not always verified empirically.

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Repugnant innovation

Cited by 2 publications

References 68 publications

Repugnance and institutions: an introductory essay

Repugnance and institutions: an introductory essay

Repugnance, externalities and subjectivism: a comment on Krawiec

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