Showing 1 - 10 of 114
The provision of public goods often benefits a larger group than those who actively provide the public good. In an experimental setting, this paper addresses institutional arrangements between subjects who can provide a public good (insiders) and subjects who benefit from the public good but...
Persistent link: https://www.econbiz.de/10011531593
The restart effect occurs in linear voluntary contribution mechanism (VCM) experiments when there is an upward pulse in contributions to the group account following a stoppage and then restarting of the VCM experiment. Although the restart effect is a well-known empirical regularity little...
Persistent link: https://www.econbiz.de/10011189499
We study mechanism design problems in quasi-linear environments where the envelope theorem and revenue equivalence principle fail due to non-convex and non-differentiable valuations. We obtain a characterization of incentive compatibility based on the Mirrlees representation of the indirect...
Persistent link: https://www.econbiz.de/10010616896
We show that efficient anonymous incentive compatible (dominant strategy) mechanisms for public goods eliminate externalities, i.e., each individual is unable to change the welfare of anyone else. The characterization is used to derive existence and non-existence results for models with a finite...
Persistent link: https://www.econbiz.de/10008783615
We examine the impact of one-time threats of expulsion and punishment on voluntary contributions in a public goods game. Participants played in 15-round sessions where they were allowed to vote to remove other subjects only after round 5 and in one design also voted whether to punish the...
Persistent link: https://www.econbiz.de/10010666067
This research is inspired by in-kind donations that have the capacity to increase the marginal benefit (productivity) in provision of public goods, for example by providing critical infrastructure that increases the productivity of resources utilized by local public good providers. We provide...
Persistent link: https://www.econbiz.de/10014374531
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10003086450
We propose a new approach to the normative analysis of public-good provision. In addition to individual incentive compatibility, we impose conditions of robust implementability and coalition proofness. Under these additional conditions, participants' contributions can only depend on the level of...
Persistent link: https://www.econbiz.de/10014174190
We analyze a group contest in which n groups compete to win a group-specific public good prize. Group sizes can be different and any player may value the prize differently within and across groups. Players exert costly efforts simultaneously and independently. Only the highest effort (the...
Persistent link: https://www.econbiz.de/10014177320
In a step-level public-good experiment, we investigate how the order of moves (simultaneous vs. sequential) and the number of step levels (one vs. two) affects public-good provision in a two-player game. We find that the sequential order of moves significantly improves public-good provision and...
Persistent link: https://www.econbiz.de/10014185823