Economic incentives and political inequality in the management of environmental public goods
Francesco Bogliacino,
César Mantilla and
Daniel Niño
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2023, vol. 104, issue C
Abstract:
We study how the allocation of power in a voting procedure affects the regulation and extraction of environmental public goods. In an appropriation game experiment, different endowments induce heterogeneous preferences among the three group members regarding their preferred quota, aimed at increasing social efficiency by restricting aggregate extraction. The players vote by submitting a proposal; one among the submitted proposals is implemented, selected at random, but across treatments, we vary the odds that a type sets the regulation.
Keywords: Appropriation dilemma; Environment; Experiment; Public goods; Institutional choice (search for similar items in EconPapers)
JEL-codes: C92 D62 D72 Q50 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:104:y:2023:i:c:s2214804323000320
DOI: 10.1016/j.socec.2023.102006
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