The minimum approval mechanism implements the efficient public good allocation theoretically and experimentally
Takehito Masuda; Yoshitaka Okano; Tatsuyoshi Saijo
Year of publication: |
2014
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Authors: | Masuda, Takehito ; Okano, Yoshitaka ; Saijō, Tatsuyoshi |
Published in: |
Games and economic behavior. - Amsterdam : Elsevier, ISSN 0899-8256, ZDB-ID 1002944-8. - Vol. 83.2014, p. 73-85
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Subject: | Public good experiment | Approval mechanism | Multiple implementation | Experiment | Öffentliche Güter | Public goods | Nichtkooperatives Spiel | Noncooperative game | Theorie | Theory | Pareto-Optimum | Pareto efficiency | Allokation | Allocation | Nash-Gleichgewicht | Nash equilibrium |
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