• 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