Alternative rebate rules in the provision of a threshold public good: an experimental investigation
Article Abstract:
Individual behavior, total contribution levels and equilibrium frequency are affected by the choice rebate policy on public goods. Contributions tend to be greater under a utilization rebate policy than in a no rebate policy and in a proportional rebate policy. Rebate features have no significant impact on the amount of successful delivery of threshold public goods. A Utilization Rebate mechanism is further being recommended towards the achievement of an optimal contribution level or the amount of the public good being delivered.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1998
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Income and well-being: an empirical analysis of the comparison income effect
Article Abstract:
The impact of 'comparison income', which is the income of a reference group, on an individual's well-being is analyzed. The analysis indicates that it is significantly important to have an income higher than the reference group for individual happiness.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 2005
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