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Altruism in valuing government and market-supplied goods

Respondents in two studies rated the value of goods and services generally, according to their perceived self-interest, and according to their perception of the public-interest. Study 1 found that the general ratings of government-provided goods were closer to public-interest ratings than to self-in...

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Bibliographic Details
Published in:The Journal of socio-economics 2002, Vol.31 (2), p.167-169
Main Authors: Kemp, Simon, Burt, Christopher D.B
Format: Article
Language:English
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Summary:Respondents in two studies rated the value of goods and services generally, according to their perceived self-interest, and according to their perception of the public-interest. Study 1 found that the general ratings of government-provided goods were closer to public-interest ratings than to self-interest ratings, suggesting valuation of such goods is not solely determined by self-interest. Study 2 found a similar phenomenon applied for some market-supplied goods.
ISSN:1053-5357
2214-8043
1879-1239
2214-8051
DOI:10.1016/S1053-5357(01)00127-5