What Makes us Want to Have more than Others? Explaining Relative Consumumption Effects of Public and Private Goods

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Zitierfähiger Link (URI): http://nbn-resolving.de/urn:nbn:de:bsz:21-opus-55952
http://hdl.handle.net/10900/47841
Dokumentart: Arbeitspapier
Erscheinungsdatum: 2011
Originalveröffentlichung: University of Tübingen Working Papers in Economics and Finance ; 4
Sprache: Englisch
Fakultät: 6 Wirtschafts- und Sozialwissenschaftliche Fakultät
Fachbereich: Wirtschaftswissenschaften
DDC-Klassifikation: 330 - Wirtschaft
Schlagworte: Öffentliches Gut
Freie Schlagwörter:
Relative consumption , Positional goods , Public good spillovers , Non-psychological costs
Lizenz: http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=de http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=en
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Abstract:

We conduct a survey with 264 participants to test for relative consumption effects of national and local public goods as well as private goods. In contrast to previous results, we find that relative consumption effects are more pronounced for private goods than for public goods. Our second finding is that relative consumption effects are less pronounced for local public goods than for national public goods. We discuss and test different explanations for a good’s degree of positionality and find that these can, in part, account for our results very well.

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