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

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Dateien:
Aufrufstatistik

URI: http://nbn-resolving.de/urn:nbn:de:bsz:21-opus-55952
http://hdl.handle.net/10900/47841
Dokumentart: ResearchPaper
Date: 2011
Source: University of Tübingen Working Papers in Economics and Finance ; 4
Language: English
Faculty: 6 Wirtschafts- und Sozialwissenschaftliche Fakultät
Department: Wirtschaftswissenschaften
DDC Classifikation: 330 - Economics
Keywords: Öffentliches Gut
Other Keywords:
Relative consumption , Positional goods , Public good spillovers , Non-psychological costs
License: Publishing license excluding print on demand
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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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