Güth, Werner; Kliemt, Hartmut - Wirtschaftswissenschaftliche Fakultät, … - 2013
We suggest that procedures of monetarized bidding can facilitate co-operation in Elinor Ostrom type common(s) projects without crowding out communitarian faculties of "self-governance". Axioms securing procedurally egalitarian bidding on the basis of declared monetary evaluations are introduced....