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EnglishWe define and experimentally test a public provision mechanism that meets three basic ethical requirements and allows community members to influence, via monetary bids, which of several projects is implemented. For each project, participants are assigned personal values, which can be positive or negative. We provide either public or private information about personal values. This produces two distinct public provision games, which are experimentally implemented and analyzed for various projects. In spite of the complex experimental task, participants do not rely on bidding their own personal values as an obvious simple heuristic whose general acceptance would result in fair and efficient outcomes. Rather, they rely on strategic underbidding. Although underbidding is affected by projects’ characteristics, the provision mechanism mostly leads to the implementation of the most efficient project.
Community projects: an experimental analysis of a fair implementation process / Cicognani, Simona; A., D’Ambrosio; W., Güth; Pfuderer, Simone; Ploner, Matteo. - In: SOCIAL CHOICE AND WELFARE. - ISSN 0176-1714. - ELETTRONICO. - 44(2015), pp. 109-132.
| Titolo: | Community projects: an experimental analysis of a fair implementation process | |
| Autori: | Cicognani, Simona; A., D’Ambrosio; W., Güth; Pfuderer, Simone; Ploner, Matteo | |
| Autori Unitn: | ||
| Titolo del periodico: | SOCIAL CHOICE AND WELFARE | |
| Anno di pubblicazione: | 2015 | |
| Codice identificativo Scopus: | 2-s2.0-84924220130 | |
| Codice identificativo WOS: | WOS:000348278800007 | |
| Digital Object Identifier (DOI): | http://dx.doi.org/10.1007/s00355-014-0822-y | |
| Handle: | http://hdl.handle.net/11572/98420 | |
| Citazione: | Community projects: an experimental analysis of a fair implementation process / Cicognani, Simona; A., D’Ambrosio; W., Güth; Pfuderer, Simone; Ploner, Matteo. - In: SOCIAL CHOICE AND WELFARE. - ISSN 0176-1714. - ELETTRONICO. - 44(2015), pp. 109-132. | |
| Appare nelle tipologie: | 03.1 Articolo su rivista (Journal article) |
File in questo prodotto:
| File | Descrizione | Tipologia | Licenza | |
|---|---|---|---|---|
| Cicognani2015_Article_CommunityProjectsAnExperimenta.pdf | Versione editoriale (Publisher’s layout) | Tutti i diritti riservati (All rights reserved) | Administrator | |
| Community projects.pdf | Post-print referato (Refereed author’s manuscript) | Tutti i diritti riservati (All rights reserved) | Open Access Visualizza/Apri |
http://hdl.handle.net/11572/98420
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