Voting for Public Goods with
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چکیده
منابع مشابه
The Provision of Public Goods in an Economy with Ethnic Divisions∗
Many observers have argued that ethnic divisions make public goods more difficult to provide. This paper examines the provision of public goods in an economy with ethnic divisions. Households feel altruistically toward other households in their ethnic group. The amount of public goods in private contribution equilibrium is generally in decreasing in the amount of ethnic diversity. Public goods ...
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Controversy remains over the degree of hypothetical bias in contingent valutation method (CVM) estimates of values for public goods, especially for public goods with significant passive-use values. This paper uses an “indifferent voter” approach to calibrate stated WTP for a proposed public good increase with actual WTP implied by voting and tax liability data. Our data are from a CVM survey an...
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We report experimental results on voluntary contributions to public-goods provision from situations in which parties can create institutions to impose a certain contribution level on its members. We focus on a public-goods game where the joint decisions inside the institution are made based on the plurality voting rule. We show that, comparing to the unanimity voting rule, the plurality rule re...
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We study the effect of voting when insiders’ public goods provision may affect passive outsiders. Without voting insiders’ contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level enhances contributions if outsiders are unaffected and internalizes the negative externality by lowering contr...
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Two neighbors are considering buying a street light. It costs $100 to install. Alice values the light at $70. Bart values it at $60. If they rely solely on the marketplace to make this decision and do not act together, neither will buy the lamp. However, it is clear that both would be better off if they acted together to make the purchase and split the cost. This street light is a public good—a...
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