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.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Measurement of income inequality: experimental test by questionnaire

Article Abstract:

Fundamental assumptions in measuring income inequality include the transfer principle, decomposability and the population replication. A survey was made of income inequality measurement with students used as respondents both for verbal and numerical questioning. Responses from the students agree with conventional views on population replication, while the transfer principle and the decomposability of income inequality axiom are not widely accepted.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

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.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: