VOLUNTARY CONTRIBUTION GAMES - EFFICIENT PRIVATE PROVISION OF PUBLIC-GOODS

被引:187
作者
BAGNOLI, M [1 ]
MCKEE, M [1 ]
机构
[1] UNIV NEW MEXICO,ALBUQUERQUE,NM 87131
关键词
D O I
10.1111/j.1465-7295.1991.tb01276.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper reports on a series of laboratory experiments designed to evaluate a mechanism for the voluntary provision of public good. The public good is provided if the total contributions meet or exceed a threshold and all contributions are returned if the public good is not provided. The members of the group all know the threshold, the incomes, and the valuations assigned the public good by all other members. The results support the prediction that this mechanism will yield Pareto efficient outcomes and suggest that economic agents adopt strategies which form equilibria satisfying certain refinements to the Nash equilibrium.
引用
收藏
页码:351 / 366
页数:16
相关论文
共 25 条
[1]   WHY FREE RIDE - STRATEGIES AND LEARNING IN PUBLIC-GOODS EXPERIMENTS [J].
ANDREONI, J .
JOURNAL OF PUBLIC ECONOMICS, 1988, 37 (03) :291-304
[2]  
ANDREONI J, 1987, IMPURE ALTRUISM DONA
[3]  
[Anonymous], 1982, GAME THEORY SOCIAL S
[4]   PROVISION OF PUBLIC-GOODS - FULLY IMPLEMENTING THE CORE THROUGH PRIVATE CONTRIBUTIONS [J].
BAGNOLI, M ;
LIPMAN, BL .
REVIEW OF ECONOMIC STUDIES, 1989, 56 (04) :583-601
[5]   ON THE PRIVATE PROVISION OF PUBLIC-GOODS [J].
BERGSTROM, T ;
BLUME, L ;
VARIAN, H .
JOURNAL OF PUBLIC ECONOMICS, 1986, 29 (01) :25-49
[6]  
BORCHERDING TE, 1978, J LAW EC APR, P111
[7]  
CAMERER CF, 1988, ECONOMETRICA JAN, P1
[8]  
COASE R, 1974, J LAW ECON, P357
[9]  
Conover WJ., 1999, PRACTICAL NONPARAMET
[10]  
CORNES R, 1985, ECONOMICA FEB, P103