Güth, Werner; Koukoumelis, Anastasios; Levati, M. Vittoria - In: Journal of Economic Behavior & Organization 108 (2014) C, pp. 410-419
This paper considers a procedurally fair provision mechanism that allows members of a small group to determine, through their bids, which project to implement. Previous experiments with (only) costly projects have demonstrated that the mechanism is efficiency enhancing. Our experiment tests...