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Introducing a threshold in the sense of a minimal project size transforms a public goods game with an inefficient … thresholds are ineffective at best and often counter-productive. This holds under a range of threshold levels and refund rates …. We test if thresholds perform better if they are endogenously chosen, i.e. if a threshold is approved in a referendum …
Persistent link: https://www.econbiz.de/10008583651
Introducing a threshold in the sense of a minimal project size transforms a public goods game with an inefficient … thresholds are ineffective at best and often counter-productive. This holds under a range of threshold levels and refund rates …. We test if thresholds perform better if they are endogenously chosen, i.e. if a threshold is approved in a referendum …
Persistent link: https://www.econbiz.de/10008497581
each district. We analyze the Markov perfect equilibrium under different voting q-rules where q is the number of yes votes … experiment with fiveperson committees that compares three alternative voting rules: unanimity (q=5); majority (q=3); and …
Persistent link: https://www.econbiz.de/10009422079
each district. We analyze the Markov perfect equilibrium under different voting q-rules where q is the number of yes votes … experiment with fiveperson committees that compares three alternative voting rules: unanimity (q=5); majority (q=3); and …
Persistent link: https://www.econbiz.de/10010307744
We present a theoretical model of the provision of a durable public good over an infinite horizon. In each period, there is a societal endowment of which each of n districts owns a share. This endowment can either be invested in the public good or consumed. We characterize the planner's optimal...
Persistent link: https://www.econbiz.de/10008503149
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10009325734
help make such rules effective include the presence of informal sanctions by peers, and implementation through voting. I … after both implemented and randomly overridden voting. I find that informal sanctions strengthen the effect of formal ones …
Persistent link: https://www.econbiz.de/10011107459
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10011310728
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10010287731
interest in those parameters, voting patterns suggest significant influence of cooperative orientation, political attitudes …
Persistent link: https://www.econbiz.de/10008546994