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• W2135418587 abstract "This paper reports on a series of laboratory experiments designed to evaluate a mechanism for the voluntary provision of public good. The public good is provided if the total contributions meet or exceed a threshold and all contributions are returned if the public good is not provided. The members of the group all know the threshold, the incomes, and the valuations assigned the public good by all other members. The results support the prediction that this mechanism will yield Pareto efficient outcomes and suggest that economic agents adopt strategies which form equilibria satisfying certain refinements to the Nash equilibrium." @default.
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• W2135418587 date "1991-04-01" @default.
• W2135418587 modified "2023-10-09" @default.
• W2135418587 title "VOLUNTARY CONTRIBUTION GAMES: EFFICIENT PRIVATE PROVISION OF PUBLIC GOODS" @default.
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• W2135418587 doi "https://doi.org/10.1111/j.1465-7295.1991.tb01276.x" @default.
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