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
Pages
-60
From page
61
To page
0
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
Serial Year
2001
Journal title
Economics Letters
Record number
21658
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