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Club goods are an important category of collective goods. However, unlike public goods, very few experiments address the issue of the provision of club goods, and no studies have specifically explored a field case. In this experiment, a membership fee is introduced to improve the successful...
Persistent link: https://www.econbiz.de/10011261631
Security is often defined as the absence of threats. However, security has far more aspects, reaching from security of nation states to health security. Baldwin (1997) formulated seven questions to narrow the (broad) concept of security. Along with Baldwin's questions, this paper analyses...
Persistent link: https://www.econbiz.de/10009215280
The paper analyzes the strategic effects of decentralized user-fee and enforcement policies for the financing of interregional spillover goods. We derive the equilibrium pricing and enforcement rules for a n-region economy. We show that under mild conditions on the pattern of substitution...
Persistent link: https://www.econbiz.de/10010865763
We examine the strategy-proof provision of excludable public goods when agents care not only about the level of provision of a public good, but also the number of consumers. We show that on such domains strategy- proof and efficient social choice functions satisfying an outsider independence...
Persistent link: https://www.econbiz.de/10005135135
We develop a two-region model where the decentralized provision of spillover goods can be financed by means of taxes or user fees. In order to enforce the fees regions have to invest in exclusion. We show that a decentralized solution tends to be inefficient. There will be over-investment in...
Persistent link: https://www.econbiz.de/10005405844
laboratory binary choice minimum-effort coordination game, we randomly assign participants to three treatments: starting and … simple, voluntary mechanism to promote successful coordination when the capacity to impose sanctions is limited. …
Persistent link: https://www.econbiz.de/10009353632
-player coordination game with multiple, Pareto-ranked Nash equilibria. The experimental results show that exclusion increases …
Persistent link: https://www.econbiz.de/10005678697
The public phase of a capital campaign is typically launched with the announcement of a large seed donation. Andreoni (1998) argues that such a fundraising strategy may be particularly effective when funds are being raised for projects that have fixed production costs. The reason is that when...
Persistent link: https://www.econbiz.de/10010574344
laboratory binary choice minimum-effort coordination game, we randomly assign participants to three treatments: starting and … simple, voluntary mechanism to promote successful coordination when the capacity to impose sanctions is limited. …
Persistent link: https://www.econbiz.de/10010580351
common knowledge about when the stoppage occurs creates a “coordination moment” where group members simultaneously engage in … revision and attempt to re-coordinate on a higher contribution level. Following Schelling’s description that such coordination …
Persistent link: https://www.econbiz.de/10011189499