Hichri, Pavel and Hichri, Walid (2008): An auction mechanism for public goods provision: an experimental study.
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We experiment a new mechanism for the provision of a discrete public good: in a fixed period individuals can contribute several times; at any moment they can see the total amount collected; at the end of the period, the public good is provided if the amount covers the cost. We find that the ability of the mechanism to provide efficiently the public good decreases with the amount of the provision cost.
|Item Type:||MPRA Paper|
|Original Title:||An auction mechanism for public goods provision: an experimental study|
|Keywords:||Public Goods, Experiments, Mechanism Design|
|Subjects:||C - Mathematical and Quantitative Methods > C9 - Design of Experiments > C92 - Laboratory, Group Behavior
H - Public Economics > H4 - Publicly Provided Goods > H41 - Public Goods
|Depositing User:||Walid HICHRI|
|Date Deposited:||22. Mar 2008 08:08|
|Last Modified:||19. Feb 2013 07:53|
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