Arbeitspapier
Procedurally fair collective provision: Its requirements and experimental functionality
This paper derives and justifies a procedurally fair bidding mechanism and reviews experiments that apply the mechanism to public projects provision. In the experiments, not all parties benefit from provision, and the projects´ costs can be negative. The experimental results indicate that the mechanism is conducive to efficiency, despite the multiplicity of equilibria and underbidding incentives. The only condition is that the cost of the most efficient project must be positive.
- Sprache
-
Englisch
- Erschienen in
-
Series: Jena Economic Research Papers ; No. 2013-034
- Klassifikation
-
Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Group Behavior
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Publicly Provided Goods: Mixed Markets
- Thema
-
bidding behavior
procedural fairness
public project
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Güth, Werner
Kliemt, Hartmut
Koukoumelis, Anastasios
Levati, M. Vittoria
Ploner, Matteo
- Ereignis
-
Veröffentlichung
- (wer)
-
Friedrich Schiller University Jena and Max Planck Institute of Economics
- (wo)
-
Jena
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Güth, Werner
- Kliemt, Hartmut
- Koukoumelis, Anastasios
- Levati, M. Vittoria
- Ploner, Matteo
- Friedrich Schiller University Jena and Max Planck Institute of Economics
Entstanden
- 2013
Ähnliche Objekte (12)
Procedurally Fair Collective Provision: Its Requirements and Experimental Functionality
Endogenous community formation and collective provision: A procedurally fair mechanism
The provision of public goods with positive group interdependencies
Procedurally fair provision of public projects: An axiomatic characterization
On the evolution of power indices in collective bargaining
Provision of multilevel public goods through positive externalities: Experimental evidence
Whom to blame? An experiment of collective harming and punishing
Collectively ranking candidates: An axiomatic approach
Do banks crowd in or out business ethics? An indirect evolutionary analysis
A non-Bayesian approach to (un)bounded rationality
(Non-) behavioral economics: a programmatic assessment
Robust learning experiments: Evidence for learning and deliberation
Procedurally Fair Collective Provision: Its Requirements and Experimental Functionality
Endogenous community formation and collective provision: A procedurally fair mechanism
The provision of public goods with positive group interdependencies
Procedurally fair provision of public projects: An axiomatic characterization
On the evolution of power indices in collective bargaining
Provision of multilevel public goods through positive externalities: Experimental evidence
Whom to blame? An experiment of collective harming and punishing
Collectively ranking candidates: An axiomatic approach
Do banks crowd in or out business ethics? An indirect evolutionary analysis
A non-Bayesian approach to (un)bounded rationality
(Non-) behavioral economics: a programmatic assessment
Robust learning experiments: Evidence for learning and deliberation
Procedurally Fair Collective Provision: Its Requirements and Experimental Functionality
Endogenous community formation and collective provision: A procedurally fair mechanism
The provision of public goods with positive group interdependencies
Procedurally fair provision of public projects: An axiomatic characterization
On the evolution of power indices in collective bargaining
Provision of multilevel public goods through positive externalities: Experimental evidence
Whom to blame? An experiment of collective harming and punishing
Collectively ranking candidates: An axiomatic approach
Do banks crowd in or out business ethics? An indirect evolutionary analysis
A non-Bayesian approach to (un)bounded rationality
(Non-) behavioral economics: a programmatic assessment