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influences the supply of amenities and local public goods. Pollution, congestion, and the quality of public education are …
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influences the supply of amenities and local public goods. Pollution, congestion, and the quality of public education are …
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The standard public goods experiment involves linear payoffs in which the unique Nash equilibrium is at the lower boundary, i.e., full free riding. Contributions in these experiments tend to decline toward the Nash equilibrium in most treatments, but contributions persist even after as many as...
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The provision of public goods under asymmetric information has most often been viewed as a mechanism design problem under the aegis of an uninformed mediator. This paper focuses on institutional contexts without such mediator. Contributors privately informed on their willingness to pay...
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