Buying moral satisfaction: The true value of public goods revealed!
The study shows that people's willingness to pay for public goods is influenced by moral satisfaction rather than just economic value. When asked about their willingness to pay for different public issues, respondents' answers were affected by how the questions were framed. The order in which issues were presented also impacted their responses. Overall, the research suggests that people value public goods based on the moral satisfaction they get from contributing to them.