Market-Based Policies, Public Opinion, and Information

Economics Letters 189: 109018 (2020)

Posted: 25 Mar 2021

See all articles by Grant Jacobsen

Grant Jacobsen

University of Oregon - School of Planning, Public Policy, and Management

Date Written: 2020

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.

Keywords: market-based policies; public opinion; policy analysis; information

JEL Classification: H1, D7

Suggested Citation

Jacobsen, Grant, Market-Based Policies, Public Opinion, and Information (2020). Economics Letters 189: 109018 (2020), Available at SSRN: https://ssrn.com/abstract=3788617

Grant Jacobsen (Contact Author)

University of Oregon - School of Planning, Public Policy, and Management ( email )

1280 University of Oregon
Eugene, OR 97403
United States

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