Are Hypothetical Referenda Incentive Compatible?

Hypothetical referenda have been proposed as an incentive- compatible mechanism that can be used to obtain social valuations of environmental resources. We employ experimental methods to test the hypothesis that such referenda are indeed incentive compatible. Our results lead us to reject that hypothesis

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Year of publication:	1998
Authors:	Cummings, Ronald C. ; Elliott, Steven ; Harrison, Glenn W. ; Murphy, James
Publisher:	[S.l.] : SSRN
Subject:	Experiment \| Referendum \| Theorie \| Theory \| Anreiz \| Incentives \| Zahlungsbereitschaftsanalyse \| Willingness to pay
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: JOURNAL OF POLITICAL ECONOMY, Vol 105 No 3, June 1997 Volltext nicht verfügbar
Classification:	C99 - Design of Experiments. Other ; D71 - Social Choice; Clubs; Committees; Associations ; Q20 - Renewable Resources and Conservation; Environmental Management. General ; Q30 - Nonrenewable Resources and Conservation. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014221675