Arbeitspapier

Ex interim voting in public good provision

We report the results of an experimental study that compares voting mechanisms in the provision of public goods. Subjects can freely decide how much they want to contribute. Whether the public good is ¯nally provided is decided by a referendum under full information about all contributions. If provision is rejected, contributions are reduced by a fee and reimbursed. We compare unanimity with majority voting and both to the baseline of cheap talk. Contributions are highest under unanimity. Yet, results concerning overall e±ciency are mixed. When provision occurs, only unanimity enhances e±ciency. Overall, however, unanimity leads to too many rejections.

Language
Englisch

Bibliographic citation
Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2006,23

Classification
Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Individual
Public Goods
Subject
Öffentliches Gut
Abstimmungsregel
Test
Theorie

Event
Geistige Schöpfung
(who)
Fischer, Sven
Nicklisch, Andreas
Event
Veröffentlichung
(who)
Max Planck Institute for Research on Collective Goods
(where)
Bonn
(when)
2006

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Fischer, Sven
  • Nicklisch, Andreas
  • Max Planck Institute for Research on Collective Goods

Time of origin

  • 2006

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