Properties | Purchasing gasoline | Purchasing a haircut | Recycling | Voting |
Exchange setting | Impersonal market setting. | Market setting with personalized service. | Nonmarket personalized or non-personalized setting depending on where recycling occurs. | Personalized non-market setting. |
How terms and level of exchange are determined | Market determined. | Amount of tip is personally determined and depends on the customer/barber relationship. | Time, effort, and commodities spent recycling are personally determined. | Time, effort, and commodities spent voting are personally determined. |
Substitutability | Near perfect substitutes exist. | One barber/stylist is not a perfect substitute for another. Depends on customer preference. | Few substitutes exist for recycling. | No good substitutes for voting. |
What determines the value of the good | Depends mostly on physical properties. | Depends on physical properties and the relational goods exchanged during the service. | Depends mostly on the relational goods received when recycling. | Depends mostly on the relational goods received when voting. |
Capital used in the productions of the good. | Mostly manufactured, natural, human, and financial capital. | Combination of manufactured, natural, human, financial capital and social capital | Combination of manufactured, natural, human, financial capital and social capital | Combination of manufactured, natural, human, financial capital but mainly social capital |
How the value of the good is changed | Impersonal market forces. | Depends on exchanges of relational goods during the haircut and the quality of the haircut. | Depends on exchanges of relational goods associated with recycling. | Depends on exchanges of relational goods associated with voting. |
Needs satisfied | Mostly physical transportation needs. | Mostly socio-emotional needs for internal and external validation, some belonging needs, and some physical needs associated with hair length management. | Mostly socio emotional needs for internal validation—that one is doing the right thing. | Mostly socio emotional needs for internal validation—that one is doing the right thing and external validation from approving others. |
Durability | Not durable. | Limited durability but frequently repeated. | Mostly non-durable but frequently repeated. | Mostly non-durable but frequently repeated. |
Certification | Externally regulated. | Some external regulation through inspections but customer is most often the one certifying the quality of the service. | Some external certification on what materials can be recycled but recyclers internally certify most of the recycling. | Some external certification on how to vote but most of the voting certification is internally provided. |