Pérez-Castrillo, David; Veszteg, Róbert F. - Barcelona Graduate School of Economics (Barcelona GSE) - 2005
Prez-Castrillo and Wettstein (2002) and Veszteg (2004) propose the use of a multibidding mechanism for situations where agents have to choose a common project. Examples are decisions involving public goods (or public "bads"). We report experimental results to test the practical tractability and...