On Modeling Voluntary Contributions to Public Goods

James Cox and Vjollca Sadiraj

Public Finance Review, 2007, vol. 35, issue 2, 311-332

Abstract: This article addresses four “stylized facts†that summarize data from experimental studies of voluntary contributions to the 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. The authors 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 nonclassical properties.

Keywords: voluntary contributions; public goods; social preferences; experiments (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (44)

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Working Paper: On Modeling Voluntary Contributions to Public Goods (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:35:y:2007:i:2:p:311-332

DOI: 10.1177/1091142106295756

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