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Are Hypothetical Referenda Incentive Compatible?

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Author Info
Cummings, Ronald G, et al
Abstract

Hypothetical referenda have been proposed as an incentive-compatible mechanism that can be used to obtain social valuations of environmental resources. The authors employ experimental methods to test the hypothesis that such referenda are indeed incentive compatible. Their results lead them to reject that hypothesis. Coauthors are Steven Elliott, Glenn W. Harrison, and James Murphy. Copyright 1997 by the University of Chicago.

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 105 (1997)
Issue (Month): 3 (June)
Pages: 609-21
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Handle: RePEc:ucp:jpolec:v:105:y:1997:i:3:p:609-21

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