On Modeling Voluntary Contributions to Public Goods
James Cox () and
Vjollca Sadiraj ()
Public Finance Review, 2007, vol. 35, issue 2, 311-332
This article addresses four â€œstylized factsâ€ 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)
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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
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