Showing 1 - 3 of 3
In this paper we build on a voluntary mechanism introduced by Segerson and Wu (2006) that uses the threat of an ambient tax to induce nonpoint source polluters to reduce emissions. In addition to reviewing Segerson and Wu's policy, we propose a new voluntary/threat policy that offers some...
Persistent link: https://www.econbiz.de/10005060324
This study investigates the influence of social preferences on voting decisions using a new Random Price Voting Mechanism (RPVM), which is best thought of as a public goods voting extension of the Becker-DeGroot-Marshack mechanism for private goods. In particular, this mechanism is used to...
Persistent link: https://www.econbiz.de/10005060247
The mandatory nature of generic advertising funding remains a contentious issue. Theoretically and in laboratory environments, a provision point mechanism with a money-back guarantee offers an attractive voluntary alternative to the standard voluntary contribution mechanisms, yet in practice,...
Persistent link: https://www.econbiz.de/10005060249