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Shelling (1960) among others have argued that contributions to public goods may be larger if people spread their contributions and give one small contribution at a time. Examining a threshold public good environment, Marx and Matthews (2000) show that multiple rounds may secure a provision level...
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We explore the effect of fixed versus dynamic group membership on public good provision. In a novel experimental design, we modify the traditional voluntary contribution mechanism (VCM) by periodically replacing old members of a group with new members over time. Under this dynamic, overlapping...
Persistent link: https://www.econbiz.de/10010878538
We report on an experiment comparing two institutions governing bargaining over public good allocations. In our setting, two parties bargain over how to allocate a fixed endowment between a public good and two private accounts, one for each party. Parties attach either high or low weight to the...
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