Rank-order competition in the voluntary provision of impure public goods
Article
Angelovski, A., Neugebauer, T. and Servátka, M. 2019. Rank-order competition in the voluntary provision of impure public goods. Economic Inquiry. 57 (4), pp. 2163-2183. https://doi.org/10.1111/ecin.12797
Type | Article |
---|---|
Title | Rank-order competition in the voluntary provision of impure public goods |
Authors | Angelovski, A., Neugebauer, T. and Servátka, M. |
Abstract | Publicly provided goods often create differential payoffs due to timely or spatial distances of group members. We design and test a provision mechanism which utilizes rank competition to mitigate free-riding in impure public goods. In our Rank-Order Voluntary Contribution Mechanism (Rank-Order-VCM) group members compete via observable contributions for a larger share of the public good; high contributors receive preferential access (a larger share), while low contributors receive restricted access (a lower share). In a laboratory experiment Rank-Order-VCM elicits median contributions equal to the full endowment throughout the finitely played games with constant groups. In the control treatment, with randomly assigned ranks, the contributions are significantly lower and decline over time. We thus provide evidence of rank competition, in situations where discriminatory access to public goods is possible, being efficiency enhancing. |
Publisher | Wiley |
Journal | Economic Inquiry |
ISSN | 0095-2583 |
Electronic | 1465-7295 |
Publication dates | |
Online | 30 Apr 2019 |
Oct 2019 | |
Publication process dates | |
Deposited | 25 Nov 2019 |
Accepted | 27 Mar 2019 |
Submitted | 10 Aug 2017 |
Output status | Published |
Accepted author manuscript | File Access Level Open |
Copyright Statement | This is the peer reviewed version of the following article: Angelovski, A. , Neugebauer, T. and Servátka, M. (2019), Rank-order competition in the voluntary provision of impure public goods. Econ Inq, 57: 2163-2183., which has been published in final form at https://doi.org/10.1111/ecin.12797 . This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. |
Digital Object Identifier (DOI) | https://doi.org/10.1111/ecin.12797 |
Web of Science identifier | WOS:000481466700021 |
Language | English |
https://repository.mdx.ac.uk/item/88q00
Download files
67
total views11
total downloads0
views this month0
downloads this month