Estimating the demand for public goods: An experiment
AbstractThe purpose of this paper is to describe a test involving five different approaches to estimating the demand for a public good. The test was conducted in a setting which permitted a real collective choice and in which each subject was committed to actual payments when relevant. The results indicate that the well-known risk for misrepresentation of preferences in this context may have been exaggerated. The test would seem to encourage further work in the field of experimental economics.
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Bibliographic InfoPaper provided by The Field Experiments Website in its series Framed Field Experiments with number 00126.
Date of creation: 1972
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