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This paper presents data from experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries.
Persistent link: https://www.econbiz.de/10008458114
This paper presents data from experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries.
Persistent link: https://www.econbiz.de/10005486484
The storable votes mechanism is a method of voting for committees that meet periodically to consider a series of binary decisions. Each member is allocated a fixed budget of votes to be cast as desired over the multiple decisions. Voters are induced to spend more votes on those decisions that...
Persistent link: https://www.econbiz.de/10005662312
The core of the argument offered here is that the trade off between these two choices boils down to a benefit cost calculation rather than a Bergsonian or Arrovian value judgement: i.e., in return for the net benefits which a society obtains from the productive, public good supplying activities...
Persistent link: https://www.econbiz.de/10005486842
We study the size of government and of GDP, under autocratic and democratic rule, respectively. It turns out that first, both democratic and authoritarian rulers apply the Samuelson (1954) criterion when deciding on productive public goods. Second, the labor supply elasticity and the skewness of...
Persistent link: https://www.econbiz.de/10005648530
The existence of punishment opportunities has been shown to cause efficiency in public goods experiments to increase … considerably. In this paper we ask whether punishment also has a downside in terms of process dissatisfaction. We conduct an … experiment to study the conjecture that an environment with stronger punishment possibilities leads to higher material but lower …
Persistent link: https://www.econbiz.de/10010851350
The existence of punishment opportunities has been shown to cause efficiency in public goods experiments to increase … considerably. In this paper we ask whether punishment also has a downside in terms of process dissatisfaction. We conduct an … experiment to study the conjecture that an environment with stronger punishment possibilities leads to higher material but lower …
Persistent link: https://www.econbiz.de/10005572157
in equally endowed groups. Punishment results in a redistribution of wealth from high to low endowment players within …
Persistent link: https://www.econbiz.de/10005423962
punishment opportunities to investigate whether the threat of feuds is e¢ ciency enhancing. Treatments di¤er with respect to … whether a punish- ment can trigger a feud. In the main treatment (Feud) the number of punishment stages is endogenously … feuds. While the possibility of a feud a¤ects punishment and contribution patterns, total earnings are not signi?cantly di …
Persistent link: https://www.econbiz.de/10005574884
Indivisibilities are at the core of economic theory as rarely individuals can or want to limitlessly divide goods, inputs and activities, as well as related economic phenomena such as economies of scale, externalities and public goods. Indivisibilities help in explaining conflicts over social...
Persistent link: https://www.econbiz.de/10010857763