Simultaneous versus sequential public good provision and the role of refunds - An experimental study
成果类型：
Article
署名作者：
Coats, Jennifer C.; Gronberg, Timothy J.; Grosskopf, Brit
署名单位：
Texas A&M University System; Texas A&M University College Station; Colorado State University System; Colorado State University Fort Collins
刊物名称：
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN：
0047-2727
DOI：
10.1016/j.jpubeco.2008.06.002
发表日期：
2009
页码：
326-335
关键词：
摘要：
We experimentally study contributing behavior to a threshold public good under simultaneous and sequential voluntary contribution mechanisms and investigate how refund policies interact with the mechanism. We find that, for a given refund rule, efficiency is greater under a sequential contribution mechanism than under a simultaneous contribution mechanism. Furthermore, for a given order of contributions, we find that full refund unambiguously achieves higher efficiency in the simultaneous mechanism while this is not the case in the sequential mechanism. (c) 2008 Elsevier B.V. All rights reserve..
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