Arguedas, Carmen; Rousseau, Sandra - In: SERIEs : Journal of the Spanish Economic Association 12 (2021) 2, pp. 231-254
negative effects of crowding-out consumers’ intrinsic motivation in a monopoly setting, although this counteracting effect is … less powerful under a duopoly. However, a subsidy does not provide such a backup system and the full effect of crowding-out …