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ASSESSING A PROVISION GAME FOR TWO UNITS OF A PUBLIC GOOD, WITH DIFFERENT GROUP ARRANGEMENTS, MARGINAL BENEFITS, AND REBATE RULES: EXPERIMENTAL EVIDENCE AgEcon
Liu, Pengfei; Swallow, Stephen K.; Anderson, Christopher M..
We design two institutions that collect individual contributions to provide multiple public good units, inspired by a problem to deliver ecosystem services as a step-level public good (delivered in discrete increments). We set up a public good experiment wherein either all individuals for one group and are responsible for providing the two units (aggregated-group approach), or two groups provide one unit separately, but both group benefits if any unit is provided (disaggregated-group approach). Our interest is to test which of these two institutions performs “better” through the collective decision process. Our results show that, in general, the aggregated-group has a higher rate of success delivering at least one unit of the public good, while the...
Tipo: Presentation Palavras-chave: Experimental Economics; Environmental and Nonmarket Valuation; Institutional and Behavioral Economics; Public Economics; G91; G92; H41.
Ano: 2012 URL: http://purl.umn.edu/123205
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