Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - In: European Economic Review 60 (2013) C, pp. 32-51
We study a fundamental conflict in economic decision-making, the trade-off between equality, equity and incentives, in a new experimental game that nests a voluntary contributions mechanism in a broader spectrum of incentive schemes. In a 2×2 design, we let subjects either vote on or...