Publications of the Project: Biased beliefs in dynamic decisions

close
Go to page
remove add
2 results, from 1
Diskussionspapiere 1824 / 2019

Social Status Concerns and the Political Economy of Publicly Provided Private Goods

We analyze the political economy of the public provision of private goods when individuals care about their social status. Status concerns motivate richer individuals to vote for the public provision of goods they themselves buy in markets: a higher provision level attracts more individuals to the public sector, enhancing the social exclusivity of market purchases. Majority voting may lead to a public ...

2019| Jana Friedrichsen, Tobias König, Tobias Lausen
Externe referierte Aufsätze

Social Status Concerns and the Political Economy of Publicly Provided Private Goods

We analyse the political economy of the public provision of private goods when individuals care about their social status. Status concerns motivate richer individuals to vote for the public provision of goods they themselves buy in markets: a higher provision level attracts more individuals to the public sector, enhancing the social exclusivity of market purchases. Majority voting may lead to a public ...

In: The Economic Journal 131 (2021), 633, S. 220–246 | Jana Friedrichsen, Tobias König, Tobias Lausen
2 results, from 1
keyboard_arrow_up