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Title:What makes us want to have more than others? Explaining relative consumption effects of public and private goods PDF Logo
Authors:Hillesheim, Inga
Mechtel, Mario
Issue Date:2011
Series/Report no.:University of Tübingen working papers in economics and finance 4
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.
Subjects:Relative consumption
Positional goods
Public good spillovers
Non-psychological costs
JEL:C91
D12
D62
D63
Persistent Identifier of the first edition:urn:nbn:de:bsz:21-opus-55952
Document Type:Working Paper
Appears in Collections:University of Tübingen Working Papers in Economics and Finance

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