Showing 51 - 60 of 54,615
Persistent link: https://www.econbiz.de/10003581261
Persistent link: https://www.econbiz.de/10003703828
Persistent link: https://www.econbiz.de/10003385295
Persistent link: https://www.econbiz.de/10003495642
When a deficit occurs in the funding of collective goods, it is usually covered by raising the amount of taxes or by rationing the supply of the goods. This article compares the efficiency of these institutions. We report the results of a 2x2 experiment based on a game in the first stage of...
Persistent link: https://www.econbiz.de/10003561619
Persistent link: https://www.econbiz.de/10003506989
Persistent link: https://www.econbiz.de/10003985459
Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good economy and to cure the underprovision problem associated with private provision of public goods. The desired Pareto optimal interior matching equilibrium, however, emerges only...
Persistent link: https://www.econbiz.de/10009011305
In this paper I examine the relationship between Pareto-optimality and group size in linear public goods games or experiments. In particular, I use the standard setting of homogeneous linear public goods experiments and apply a recently developed tool to identify all Pareto-optimal allocations...
Persistent link: https://www.econbiz.de/10009374373
We derive a generalized method for calculating the total number of Paretooptimal allocations (NOPA) in typical linear public goods games. Among other things, the method allows researchers to develop new experimental designs for testing the relevance of Pareto-optimality in experimental settings,...
Persistent link: https://www.econbiz.de/10009374384