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We experiment a mechanism for the provision of a discrete public good where individuals are allowed to upwards their contribution during a fixed time interval. Experimental evidence shows that subjects increase their contributions in order to finance the cost of the good. The public good is...
Persistent link: https://www.econbiz.de/10010836134
The work undertook is located between Public Economic Theory and Experimental Economics. The object of the thesis consists in analysing the aggregate behavior and the individual heterogeneity in a voluntary contribution game. The thesis defended here is that overcontribution in comparison to the...
Persistent link: https://www.econbiz.de/10005068104
We experiment a new mechanism for the provision of a discrete public good: in a fixed period individuals can contribute several times; at any moment they can see the total amount collected; at the end of the period, the public good is provided if the amount covers the cost. We find that the...
Persistent link: https://www.econbiz.de/10005789371
We run a public good experiment with four different treatments. The payoff function is chosen such that the Nash equilibrium (NE) and the collective optimum (CO) are both in the interior of the strategy space. We try to test the effect of varying the level of the collective optimum, which...
Persistent link: https://www.econbiz.de/10005789654
Persistent link: https://www.econbiz.de/10008552320
We run a public goods experiment with four different treatments. The payoff function is chosen such that the Nash equilibrium (NE) and the collective optimum (CO) are both in the interior of the strategy space. We test the effect of varying the level of the collective optimum on contributions....
Persistent link: https://www.econbiz.de/10005125596
We experiment a mechanism for the provision of a discrete public good where individuals are allowed to upwards their contribution during a fixed time interval. Experimental evidence shows that subjects increase their contributions in order to finance the cost of the good. The public good is...
Persistent link: https://www.econbiz.de/10005181846
We present a Cournot model that compares the critical threshold of collusion in Duopoly and Oligopoly Markets where the actors are private, mixed or public. We assume that the incentive critical threshold for collusion depends on the interconnection fees. The different threshold values...
Persistent link: https://www.econbiz.de/10010610561
This paper analyzes the relevance of the inflation targeting (IT) policy in achieving its primary goal of medium-term price stability. Contrary to previous studies, we propose, in this work, a new approach; an intermediate approach that consists in conducting a time-series analysis (employed in...
Persistent link: https://www.econbiz.de/10010754792
In physical models it is well understood that the aggregate behaviour of a system is not in one to one correspondence with the behaviour of the average individual element of that system. Yet, in many economic models the behaviour of aggregates is thought of as corresponding to that of an...
Persistent link: https://www.econbiz.de/10008791760