“One man’s meat is another man’s poison.”
An experimental study of voluntarily providing public
projects that raise mixed feelings.
- Abgebildete Person
-
Güth, Werner (Director Strategic Interaction Group, Max-Planck-Institute of Economics, Jena; Professor of Economics, University of Jena)
Koukoumelis, Anastasios
Levati, M. Vittoria
- Erschienen
- Fr, 29. Jul. 2011
- Nummer des Discussion-Papers
-
2011-034
- Schlagwort(e)
-
Bidding behavior
Procedural fairness
Public project
- Zusammenfsg.
-
We compare, on the basis of a procedurally fair "provision point" mechanism, bids for a public project from which some gain and some lose with bids for a less efficient public project from which all gain. In the main treatment, participants independently decide which one, if any, of the public projects should be implemented. We also run control treatments where only one of the two projects can be implemented. We find that (a) mixed feelings per se do not affect bidding behavior, and (b) the provision frequency of the project that raises mixed feelings declines significantly when it faces competition from the public good.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- C72 - Noncooperative Games ; C92 - Laboratory, Group Behavior ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; H44 - Publicly Provided Goods: Mixed Markets
