On Modeling Voluntary Contributions to Public Goods
James Cox () and
Vjollca Sadiraj ()
No 2006-26, Experimental Economics Center Working Paper Series from Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University
This paper addresses four "stylized facts" that summarize data from experimental studies of voluntary contributions to 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. We 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 non-classical properties.
JEL-codes: C70 C91 D64 H41 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-exp, nep-pbe and nep-soc
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Journal Article: On Modeling Voluntary Contributions to Public Goods (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:exc:wpaper:2006-26
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