A Laboratory Test of Canadian Proposals for an Emission Trading Program
AbstractWe investigate the effects of heterogeneity, incomplete information and communication on aggregate contributions to a public good using the voluntary contribution mechanism in a nonlinear laboratory environment. One-dimensional heterogeneity (heterogeneity in income or preferences) and two-dimensional heterogeneity (heterogeneity in income and preferences) both increase voluntary contributions. The effect is greatest when information is incomplete in the sense that subjects do not know each other’s payoffs. Incomplete information also reduces contributions in the homogeneous case. Communication reverses the relative importance of one and two-dimensional heterogeneity in promoting cooperation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by McMaster University in its series McMaster Experimental Economics Laboratory Publications with number 1998-03.
Length: 31 pages
Date of creation: Mar 1998
Date of revision:
Contact details of provider:
Postal: 1280 Main Street West, Hamilton, Ontario, L8S 4M4
Phone: (905) 525-9140 ext. 22765
Fax: (905) 521-8232
Web page: http://www.mcmaster.ca/economics/
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Stuart Mestelman & Andrew Muller, 1997.
"What Have We Learned From Emissions Trading Experiments?,"
McMaster Experimental Economics Laboratory Publications
1997-03, McMaster University.
- R. Andrew Muller & Stuart Mestelman, 1998. "What have we learned from emissions trading experiments?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 19(4-5), pages 225-238.
- L. Gangadharan & A. Farrell & R. Croson, 2005. "Investment Decisions and Emissions Reductions : Results from Experiments in Emissions Trading," Department of Economics - Working Papers Series 942, The University of Melbourne.
- Stuart Mestelman, 2000. "Environmental Policy: Lessons from the Laboratory," McMaster Experimental Economics Laboratory Publications 2000-01, McMaster University.
- Cason, Timothy N. & Gangadharan, Lata, 2006.
"Emissions variability in tradable permit markets with imperfect enforcement and banking,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 61(2), pages 199-216, October.
- Timothy N. Cason & Lata Gangadharan, 2004. "Emissions Variability in Tradable Permit Markets with Imperfect Enforcement and Banking," Department of Economics - Working Papers Series 917, The University of Melbourne.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.