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We propose a simple mechanism that might improve voluntary contributions to public goods. Using a laboratory experiment we analyze how bundling public with private goods affects individuals’ valuations for both goods. In the experiment, subjects may purchase a private and a public good either...
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Economic analysis often faces challenges in the valuation of nonmarket goods and services. The traditional set of … nonmarket valuation tools for measuring Marshallian economic surplus has limitations related to potential bias in stated …
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