Title of article :
Induced-value tests of the referendum voting mechanism
Author/Authors :
Taylor، Laura O. نويسنده , , McKee، Michael نويسنده , , Laury، Susan K. نويسنده , , Cummings، Ronald G. نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2001
Abstract :
An induced-value laboratory experiment is conducted testing the incentive compatibility of the referendum voting mechanism for eliciting willingness to pay for public goods. Although errors were observed at the individual level, aggregate results suggest incentive compatibility in both hypothetical and real referenda.
Keywords :
Buy and sell , Strategic market game , Buy or Sell
Journal title :
Economics Letters
Journal title :
Economics Letters
