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We examine the provision of family public goods using experimental economics methods. With sufficient altruism and shared resource arrangements, families can provide the efficient level of family public goods. Becker's Rotten Kid Theorem asserts that transfers from altruistic parents will induce...
Persistent link: https://www.econbiz.de/10005400571
To date, much of the policy and research debate on contingent valuation mode effects has relied on experiences drawn from other research disciplines. This study provides the first contingent valuation phone-mail comparison that meets current standards for response rates, draws from a general...
Persistent link: https://www.econbiz.de/10005513834
Persistent link: https://www.econbiz.de/10005469029
This article considers whether communication can improve the efficacy of incentive mechanisms designed to correct the problem of moral hazard in groups. In particular, we use experimental economics methods to study environmental targeting instruments proposed by Segerson (1988) for regulating a...
Persistent link: https://www.econbiz.de/10005568406
Embedding, the notion that respondents to contingent valuation (CV) questions often value more than the researcher intends, has engendered extreme views. These range from the suggestion that embedding is so severe that it renders CV useless to the assertion that embedding can be eliminated by...
Persistent link: https://www.econbiz.de/10005199246
Persistent link: https://www.econbiz.de/10000557747