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Starting small toward voluntary formation of efficient large groups in public goods provision.
- Source :
-
Journal of Economic Behavior & Organization . Jun2014, Vol. 102, p119-132. 14p. - Publication Year :
- 2014
-
Abstract
- Highlights: [•] We test a mechanism where groups can grow and shrink via voluntary voting. [•] The mechanism successfully induces efficient outcome in group size and contribution. [•] This is driven by economies of scale combined with concern about being left out. [•] ‘Redemption’ is not rare; many people become good citizens after initially not. [Copyright &y& Elsevier]
- Subjects :
- *PUBLIC goods
*CITIZENS
*REDEMPTION
*ECONOMIC models
*BUSINESS success
*VOTING
Subjects
Details
- Language :
- English
- ISSN :
- 01672681
- Volume :
- 102
- Database :
- Academic Search Index
- Journal :
- Journal of Economic Behavior & Organization
- Publication Type :
- Academic Journal
- Accession number :
- 95721543
- Full Text :
- https://doi.org/10.1016/j.jebo.2014.03.005