Coent, Philippe Le; Préget, Raphaële; Thoyer, Sophie - In: Economics Bulletin 34 (2014) 3, pp. 1976-1989
The voluntary provision of public goods can be enhanced by subsidies paid to contributors. However, in the case of threshold public goods, subsidies can be wasted if the public good is not ultimately produced. We therefore test the performance of a conditional subsidy paid to each contributor...