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One-way communication has been found to substantially increase contributions in linear voluntary contribution mechanisms. We confirm the robustness of this result in the presence of income heterogeneity.
Persistent link: https://www.econbiz.de/10008773568
This paper provides a new way to identify conditional cooperation in a real-time version of the standard voluntary contribution mechanism. We define contribution cycles as the number of contributors a player waits for before committing to a further contribution, and use a permutation test on...
Persistent link: https://www.econbiz.de/10008788748
Bidding rules that guarantee procedural fairness may induce more equilibrium bidding and moderate other-regarding concerns. In our experiment, we assume commonly known true values and only two bidders to implement a best-case scenario for other-regarding concerns. The two-by-two factorial design...
Persistent link: https://www.econbiz.de/10008670333
This paper experimentally examines a procedurally fair provision mech- anism allowing members of a small community to determine, via their bids, which of four alternative public projects to implement. Previous experi- ments with positive cost projects have demonstrated that the mechanism is...
Persistent link: https://www.econbiz.de/10010658715
Persistent link: https://www.econbiz.de/10010713372
This paper derives and justifies a procedurally fair bidding mechanism and reviews experiments that apply the mechanism to public projects provision. In the experiments, not all parties benefit from provision, and the projects´ costs can be negative. The experimental results indicate that the...
Persistent link: https://www.econbiz.de/10010323883
This paper experimentally examines a procedurally fair provision mechanism allowing members of a small community to determine, via their bids, which of four alternative public projects to implement. Previous experiments with positive cost projects have demonstrated that the mechanism is...
Persistent link: https://www.econbiz.de/10010323901
Previous studies have shown that other-regarding concerns are weakened under risky situations. Daily experience also suggests that people care more about an identifiable than about an unidentifiable third person. We report on an experiment designed to explore whether rendering the other...
Persistent link: https://www.econbiz.de/10010323906
Persistent link: https://www.econbiz.de/10001611374
Persistent link: https://www.econbiz.de/10001774743