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Is regulation by milestones efficiency enhancing?: An experimental study of environmental protection

We analyze the effect of “milestones” on reaching a long-term target, which if missed implies dramatic payoff risks. In our experiment, a cumulative threshold public goods game, milestones are captured by intermediate contribution targets on the way to the final target. Missing the final target lead...

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Hauptverfasser: Freytag, Andreas (VerfasserIn) , Güth, Werner (VerfasserIn) , Koppel, Hannes (VerfasserIn) , Wangler, Leo (VerfasserIn)
Dokumenttyp: Article (Journal)
Sprache:Englisch
Veröffentlicht: 2014
In: European journal of political economy
Year: 2013, Jahrgang: 33, Pages: 71-84
ISSN:1873-5703
DOI:10.1016/j.ejpoleco.2013.11.005
Online-Zugang:Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.ejpoleco.2013.11.005
Verlag, lizenzpflichtig, Volltext: http://www.sciencedirect.com/science/article/pii/S0176268013000955
Volltext
Verfasserangaben:Andreas Freytag, Werner Güth, Hannes Koppel, Leo Wangler

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