We characterize investors’ moral preferences in a parsimonious experimental setting, where we auction stocks with various ethical features. We find strong evidence that investors seek to align their investments with their social values (“value alignment”), and find no evidence of behavior...

As algorithms powered by Artificial Intelligence (AI) are increasingly involved in the management of organizations, it becomes imperative to understand people’s feelings and behaviors when machines gain power over humans. There are two mainstream methods for doing so, vignette studies and case...

We characterize investors' moral preferences in a parsimonious experimental setting, where we auction stocks with various ethical features. We find strong evidence that investors seek to align their investments with their social values ("value alignment"), and find no evidence of behavior driven...

Machines powered by Artificial Intelligence (AI) are now influencing the behavior of humans in ways that are both like and unlike the ways humans influence each other. In light of recent research showing that other humans can exert a strong corrupting influence on people’s ethical behavior,...