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On Modeling Voluntary Contributions to Public Goods

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Author Info
James C. Cox
Vjollca Sadiraj
Abstract

This paper addresses four "stylized facts" that summarize data from experimental studies of voluntary contributions to provision of public goods. Theoretical propositions and testable hypotheses for voluntary contributions are derived from two models of social preferences, the inequity aversion model and the egocentric other-regarding preferences model. We find that the egocentric other-regarding preferences model with classical regularity properties can better account for the stylized facts than the inequity aversion model with non-classical properties.

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File URL: http://excen.gsu.edu/workingpapers/GSU_EXCEN_WP_2006-26.pdf
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Publisher Info
Paper provided by Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University in its series Experimental Economics Center Working Paper Series with number 2006-26.

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Length: 35
Date of creation: Oct 2006
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Handle: RePEc:exc:wpaper:2006-26

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Web page: http://excen.gsu.edu/
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Find related papers by JEL classification:
C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
D64 - Microeconomics - - Welfare Economics - - - Altruism
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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This page was last updated on 2009-12-5.

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