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This paper examines individuals' willingness to pay (WTP) to offset their carbon footprint in response to receiving information about (i) the size of their own carbon footprint, and (ii) further receiving in addition information about the difference between their carbon footprint and the target...
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contributions. Theory predicts that 'all-pay' competition is particularly effective for fundraising. Within this class of mechanisms … in a laboratory experiment vis-à-vis a voluntary contribution mechanism (VCM). All four outperform the VCM and towards … the end of the experiment fully efficient outcomes are attained in the 'lowest common denominator' scheme, which is …
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