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May 8, 2026Journal of Institutional EconomicsOpen Access

Losers and winners: what people think about contested-commodity transactions

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Authors

JJJohanna JauernigSMSamuel Brea Martínez-Collado

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Overview

Survey examines participants' views on welfare changes in contested commodity transactions, suggesting varied perceptions of benefit and harm.

Key Points

  • This research aims to understand how individuals perceive welfare changes in buyers and sellers involved in contested commodities.
  • Surveyed U.S. participants regarding their perceptions of contested and non-contested commodity transactions.
  • Analyzed responses to evaluate the perceived welfare impact on buyers and sellers.
  • Respondents viewed commodity exchanges primarily through a zero-sum perspective.
  • Participants often perceived sellers in contested markets as beneficiaries, though less so than in non-contested exchanges.
  • Findings highlight the influence of public perceptions on the legitimacy of market institutions.

Cite This Study

Jauernig et al. (2026) studied this question.

synapsesocial.com/papers/69fd7fcdbfa21ec5bbf086bfhttps://doi.org/10.1017/s174413742610054x
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