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Using a laboratory experiment with nested local and global public goods, we analyze the stability of global groups when …
Persistent link: https://www.econbiz.de/10011803271
We study the classical free-rider problem in public goods provision in a large economy with uncertainty about the average valuation of the public good. Individual preferences over public goods are shaped by a skill and a taste parameter. We use a mechanism design approach to solve for the...
Persistent link: https://www.econbiz.de/10010374864
We examine whether and how democratic procedures can achieve socially desirable public good provision in the presence of profound uncertainty about the benefits of public goods, i.e., when citizens are able to identify the distribution of benefits only if they aggregate their private...
Persistent link: https://www.econbiz.de/10011444451
We study the role of self-interest and social preferences in referenda. Our analysis is based on collective purchasing decisions of university students on deep-discount flat rate tickets for public transportation and culture. Individual usage data allows quantifying monetary benefits associated...
Persistent link: https://www.econbiz.de/10010496966
We develop and test a theory of voting and turnout decisions that integrates self-interest, social preferences, and …
Persistent link: https://www.econbiz.de/10011645032
We develop and test a theory of voting and turnout decisions that integrates self-interest, social preferences, and …
Persistent link: https://www.econbiz.de/10011657009
implementing a vote on the rule in a donation experiment, and we also elicit opinion poll-like views. We find that two-thirds of … the participants voted for the priority rule in the experiment. When asked about real-world implementation, participants … of the donation experiment were more likely to support the rule than non-participants. We further confirm previous …
Persistent link: https://www.econbiz.de/10010478006
Due to its simplicity the plurality voting system is frequently used to choose a common representative or project. Nevertheless it may fail to provide a socially efficient decision as a majority can outvote any minority even if the majority’s gain does not compensate the loss suffered by the...
Persistent link: https://www.econbiz.de/10003720837
Persistent link: https://www.econbiz.de/10013455892
Economic and social interactions often take place in open communities but the dynamics of the community choice process and its impact on cooperation of its members are yet not well understood. We experimentally investigate community choice in social dilemmas. Participants repeatedly choose...
Persistent link: https://www.econbiz.de/10013149693