The Indirect Ethics of AIG’s ‘Backdoor Bailout’

We experimentally assess the ethics of the U.S. government’s indirect bailout of the bank counterparties of American International Group during the 2008 financial crisis. When the indirect bailout is jointly compared with a counterfactual where the government directly bails out the banks, subjects j...

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Bibliographic Details
Authors: Arce, Daniel G. (Author) ; Razzolini, Laura (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2018
In: Journal of business ethics
Year: 2018, Volume: 148, Issue: 1, Pages: 37-51
Further subjects:B Financial Crisis
B Framing power
B Indirect agency
B Behavioral ethics
B Bailout
B Framing effects
B separate treatments / Joint
B Preference reversals
B AIG
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