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We investigate the impact of various audit schemes on the future provision of public goods, when contributing less than the average of the group is sanctioned exogenously and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
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In this paper we replicate and extend the experiment of Fehr and Gaechter (2000) that analyzes the effect of an …
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Cette expérience sur les mécanismes de contribution volontaire à un bien public utilise une fonction de paiement qui définit l'optimum de Pareto à l'intérieur de l'espace stratégique des contributions. Deux optima sont comparés. L'un est défini à 30% de la contribution individuelle,...
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A vast recent literature has stressed social fragmentation's negative impact on the provision of public goods. It has been established theoretically that social fragmentation engenders discord and thereby undermines public goods provision. Empirical research has produced mixed results about this...
Persistent link: https://www.econbiz.de/10010603677
In a simple public good economy, we propose a natural bar- gaining procedure, the equilibria of which converge to Lin- dahl allocations as the cost of bargaining vanishes. The pro- cedure splits the decision over the allocation in a decision about personalized prices and a decision about output...
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