Intertemporal Coordination in Volunteer Markets
Matej Lorko,
Maroš Servátka,
Robert Slonim and
Michal Ďuriník
MPRA Paper from University Library of Munich, Germany
Abstract:
Many volunteer markets, and most prominently markets for substances of human origin, feature dynamic coordination problems where volunteering today can temporarily restrict volunteering later. We show that, unsurprisingly, these restrictions reduce market surplus compared to no restrictions. We examine whether providing volunteers with demand or supply information improves market surplus without and with intertemporal restrictions. We show theoretically that, without restrictions, providing demand or supply information increases market surplus, while with restrictions, providing supply rather than demand information causes higher market surplus. Experimental results support most predictions and further show that supply information especially improves market surplus when intertemporal restrictions exist. Overall, comparative static inferences in an environment without intertemporal restrictions do not carry over to an environment with restrictions. Thus, policies based on analyses of static conditions will not necessarily be effective in situations featuring dynamic spillovers.
Keywords: Volunteering; Dynamic Restrictions; Intertemporal Coordination; Experiment (search for similar items in EconPapers)
JEL-codes: C91 D47 D64 D8 (search for similar items in EconPapers)
Date: 2026-05-21
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:129221
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