Fiore, Annamaria; Levati, M. Vittoria; Morone, Andrea - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006
We use a two-person linear voluntary contribution mechanism with stochastic marginal benefits from the public good to examine the effect of imperfect information on contributions levels. To assess prior risk attitudes, individual valuations of several risky prospects are elicited via a...