Showing 1 - 10 of 112
Public referenda are frequently used to determine the provision of public goods. As public programs have distributional consequences, a compelling question is what impact, if any, do social preferences have on voting behavior. This paper explores this issue using laboratory experiments wherein...
Persistent link: https://www.econbiz.de/10008522576
Persistent link: https://www.econbiz.de/10005093699
This study provides the first contingent valuation phone-mail comparison that meets current standards for response rates, draws from a general population, is relevant to the valuation of general environmental goods, and allows comparisons with actual participation rates. Social desirability...
Persistent link: https://www.econbiz.de/10005078458
Persistent link: https://www.econbiz.de/10005293704
Persistent link: https://www.econbiz.de/10005306427
Persistent link: https://www.econbiz.de/10009392468
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
Persistent link: https://www.econbiz.de/10011035046
Producers of many commodities pay for generic advertising, which is a public good for producers and, in cases like healthy foods, enhances social welfare. Though most programs were initially funded through the Voluntary Contribution Mechanism, many became mandatory to mitigate free riding. This...
Persistent link: https://www.econbiz.de/10009394197
In several major deregulated electricity generation markets, the market operator uses an "automatic mitigation procedure" (AMP) to attempt to suppress the exercise of market power. A leading type of AMP compares the offer price from each generation unit with a recent historical average of...
Persistent link: https://www.econbiz.de/10008871659