Gürerk, Özgür; Irlenbusch, Bernd; Rockenbach, Bettina - In: Journal of Public Economics 120 (2014) C, pp. 220-230
Economic interactions often take place in open communities, where agents are free to leave in order to join a more preferred community. Tiebout (1956) conjectured that “voting with feet” might generate considerable efficiency gains, since individuals with different preferences sort...