The American Economic Association Dues Structure
Journal of Economic Perspectives
vol. 10,
no. 4, Fall 1996
(pp. 179-186)
(Complimentary)
Abstract
Because consumers have an incentive to misrepresent their incomes and accurate information about consumers' incomes is costly for sellers to obtain, income-based pricing of goods or services seems unlikely to survive for long. Indeed, income-based pricing is extremely rare. However, the American Economic Association's dues structure in which members voluntarily pay dues according to income has survived for twenty years. The authors' survey results reveal that while some 'cheating' does occur, there is substantial compliance with the income-based dues structure. They offer several explanations for their findings.Citation
Beil, Richard O., and David N. Laband. 1996. "The American Economic Association Dues Structure." Journal of Economic Perspectives, 10 (4): 179-186. DOI: 10.1257/jep.10.4.179JEL Classification
- A14 Sociology of Economics
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