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Market-based policies, public opinion, and information

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  • Jacobsen, Grant D.

Abstract

This paper experimentally examines the extent to which individuals support a market-based approach to public policy and how support levels respond to being presented with policy analysis indicating market-based policies are more cost-effective. The findings are as follows. First, absent being presented with any policy analysis, individuals tend to oppose a market-based approach to policy. Second, providing individuals with policy analysis, in which specific types of market-based policies are described as more cost-effective than non-market-based alternatives, increases general support for a market-based approach to policy. Third, the increase in support for a market-based approach to policy is larger when a nonpartisan research organization produces the analysis than a partisan organization.

Suggested Citation

  • Jacobsen, Grant D., 2020. "Market-based policies, public opinion, and information," Economics Letters, Elsevier, vol. 189(C).
    • Handle: RePEc:eee:ecolet:v:189:y:2020:i:c:s0165176520300434
    DOI: 10.1016/j.econlet.2020.109018
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    More about this item

    Keywords

    Market-based policies; Public opinion; Policy analysis; Information;
    All these keywords.

    JEL classification:

    • H1 - Public Economics - - Structure and Scope of Government
    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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