The binary conditional contribution mechanism for public good provision in dynamic settings: theory and experimental evidence
We present a new and simple mechanism for repeated public good environments. In the Binary Conditional Contribution Mechanism (BCCM), every agent's message has the form, “I am willing to contribute to the public good if at least k agents contribute in total.” This mechanism offers agents risk-f...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Dokumenttyp: | Article (Journal) |
| Sprache: | Englisch |
| Veröffentlicht: |
20 March 2018
|
| In: |
Journal of public economics
Year: 2018, Jahrgang: 159, Pages: 104-115 |
| ISSN: | 1879-2316 |
| DOI: | 10.1016/j.jpubeco.2018.02.009 |
| Online-Zugang: | Verlag, Volltext: http://dx.doi.org/10.1016/j.jpubeco.2018.02.009 Verlag, Volltext: http://www.sciencedirect.com/science/article/pii/S0047272718300355 
|
| Verfasserangaben: | Andreas Reischmann, Joerg Oechssler |
MARC
| LEADER | 00000caa a2200000 c 4500 | ||
|---|---|---|---|
| 001 | 1571453180 | ||
| 003 | DE-627 | ||
| 005 | 20220814101903.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 180327s2018 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1016/j.jpubeco.2018.02.009 |2 doi | |
| 035 | |a (DE-627)1571453180 | ||
| 035 | |a (DE-576)501453180 | ||
| 035 | |a (DE-599)BSZ501453180 | ||
| 035 | |a (OCoLC)1340996276 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a 17 |2 sdnb | ||
| 100 | 1 | |a Reischmann, Andreas |e VerfasserIn |0 (DE-588)1068888903 |0 (DE-627)820980498 |0 (DE-576)428250734 |4 aut | |
| 245 | 1 | 4 | |a The binary conditional contribution mechanism for public good provision in dynamic settings |b theory and experimental evidence |c Andreas Reischmann, Joerg Oechssler |
| 264 | 1 | |c 20 March 2018 | |
| 300 | |a 12 | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 500 | |a Gesehen am 27.03.2018 | ||
| 520 | |a We present a new and simple mechanism for repeated public good environments. In the Binary Conditional Contribution Mechanism (BCCM), every agent's message has the form, “I am willing to contribute to the public good if at least k agents contribute in total.” This mechanism offers agents risk-free strategies, which we call unexploitable. We prove that if agents choose unexploitable messages in a Better Response Dynamics model, all stable outcomes of the BCCM are Pareto efficient. We conduct a laboratory experiment to investigate whether observed behavior is consistent with this prediction. Subjects play the BCCM in an environment with complete information and homogeneous valuations or in a second environment with incomplete information and heterogeneous valuations. In both cases all stable outcomes in the experiment are in line with the prediction of the dynamic model. Furthermore, comparison treatments with the Voluntary Contribution Mechanism show that the BCCM leads to significantly higher contribution rates. | ||
| 650 | 4 | |a Better response dynamics | |
| 650 | 4 | |a Experimental economics | |
| 650 | 4 | |a Mechanism design | |
| 650 | 4 | |a Public goods | |
| 700 | 1 | |a Oechssler, Joerg |e VerfasserIn |0 (DE-588)118045083 |0 (DE-627)509801927 |0 (DE-576)291684483 |4 aut | |
| 773 | 0 | 8 | |i Enthalten in |t Journal of public economics |d Amsterdam [u.a.] : Elsevier, 1972 |g 159(2018), Seite 104-115 |h Online-Ressource |w (DE-627)253781752 |w (DE-600)1460611-2 |w (DE-576)072794399 |x 1879-2316 |7 nnas |a The binary conditional contribution mechanism for public good provision in dynamic settings theory and experimental evidence |
| 773 | 1 | 8 | |g volume:159 |g year:2018 |g pages:104-115 |g extent:12 |a The binary conditional contribution mechanism for public good provision in dynamic settings theory and experimental evidence |
| 787 | 0 | 8 | |i Forschungsdaten |a Reischmann, Andreas |t The binary conditional contribution mechanism for public good provision in dynamic settings |d Heidelberg : Universität, 2018 |h 1 Online-Ressource (19 Files) |w (DE-627)1654758868 |w (DE-576)501452826 |
| 856 | 4 | 0 | |u http://dx.doi.org/10.1016/j.jpubeco.2018.02.009 |x Verlag |x Resolving-System |3 Volltext |
| 856 | 4 | 0 | |u http://www.sciencedirect.com/science/article/pii/S0047272718300355 |x Verlag |3 Volltext |
| 951 | |a AR | ||
| 992 | |a 20180327 | ||
| 993 | |a Article | ||
| 994 | |a 2018 | ||
| 998 | |g 118045083 |a Oechssler, Joerg |m 118045083:Oechssler, Joerg |d 180000 |d 181000 |e 180000PO118045083 |e 181000PO118045083 |k 0/180000/ |k 1/180000/181000/ |p 2 |y j | ||
| 999 | |a KXP-PPN1571453180 |e 3004345234 | ||
| BIB | |a Y | ||
| SER | |a journal | ||
| JSO | |a {"name":{"displayForm":["Andreas Reischmann, Joerg Oechssler"]},"id":{"eki":["1571453180"],"doi":["10.1016/j.jpubeco.2018.02.009"]},"origin":[{"dateIssuedDisp":"20 March 2018","dateIssuedKey":"2018"}],"relHost":[{"recId":"253781752","language":["eng"],"type":{"bibl":"periodical","media":"Online-Ressource"},"note":["Gesehen am 12.05.21"],"disp":"The binary conditional contribution mechanism for public good provision in dynamic settings theory and experimental evidenceJournal of public economics","part":{"pages":"104-115","year":"2018","extent":"12","text":"159(2018), Seite 104-115","volume":"159"},"pubHistory":["1.1972 -"],"title":[{"title_sort":"Journal of public economics","title":"Journal of public economics"}],"physDesc":[{"extent":"Online-Ressource"}],"name":{"displayForm":["ed. by A. B. Atkinson"]},"id":{"issn":["1879-2316"],"zdb":["1460611-2"],"eki":["253781752"]},"origin":[{"dateIssuedKey":"1972","publisher":"Elsevier","dateIssuedDisp":"1972-","publisherPlace":"Amsterdam [u.a.]"}]}],"physDesc":[{"extent":"12 S."}],"person":[{"roleDisplay":"VerfasserIn","display":"Reischmann, Andreas","role":"aut","family":"Reischmann","given":"Andreas"},{"given":"Joerg","family":"Oechssler","role":"aut","roleDisplay":"VerfasserIn","display":"Oechssler, Joerg"}],"title":[{"title_sort":"binary conditional contribution mechanism for public good provision in dynamic settings","title":"The binary conditional contribution mechanism for public good provision in dynamic settings","subtitle":"theory and experimental evidence"}],"recId":"1571453180","language":["eng"],"type":{"bibl":"article-journal","media":"Online-Ressource"},"note":["Gesehen am 27.03.2018"]} | ||
| SRT | |a REISCHMANNBINARYCOND2020 | ||