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I derive values of marginal changes in a public good for two-person households, measured alternatively by household member i’s willingness to pay (WTP) for the good on behalf of the household, WTPi(H), or by the sum of individual WTP values across family members, WTP(C). Households are assumed...
Persistent link: https://www.econbiz.de/10005181474
We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two …
Persistent link: https://www.econbiz.de/10005000384
We use a laboratory experiment to investigate the behavioral effects of obligations that are not backed by binding … and asymmetric minimum contribution levels (obligations) in a repeated public goods experiment. The results provide …
Persistent link: https://www.econbiz.de/10009020088