Ex Interim Voting in Public Good Provision

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Ex Interim Voting in Public Good Provision

Author Info

Sven Fischer ()
Andreas Nicklisch

Abstract

We report the results of an experimental study that compares voting mechanisms in the provision of public goods. Subjects can freely decide how much they want to contribute. Whether the public good is finally provided is decided by a referendum under full information about all contributions. If provision is rejected, contributions are reduced by a fee and reimbursed. We compare unanimity with majority voting and both to the baseline of cheap talk. Contributions are highest under unanimity. Yet, results concerning overall efficiency are mixed. When provision occurs, only unanimity enhances efficiency. Overall, however, unanimity leads to too many rejections.

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Publisher Info
Paper provided by Max Planck Institute of Economics, Strategic Interaction Group in its series Papers on Strategic Interaction with number 2006-13.

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Length: 20 pages
Date of creation: Oct 2006
Date of revision:
Handle: RePEc:esi:discus:2006-13

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

This paper has been announced in the following NEP Reports:

NEP-ALL-2006-10-28 (All new papers)
NEP-CBE-2006-10-28 (Cognitive & Behavioural Economics)
NEP-CDM-2006-10-28 (Collective Decision-Making)
NEP-EXP-2006-10-28 (Experimental Economics)
NEP-PBE-2006-10-28 (Public Economics)
NEP-POL-2006-10-28 (Positive Political Economics)

References listed on IDEAS
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