PRIZE‐BASED MECHANISMS FOR FUND‐RAISING: THEORY AND EXPERIMENTS.
We study the optimal design of mechanisms for the private provision of public goods in a setting in which donors compete for a prize of commonly known value. We discuss equilibrium bidding in mechanisms that promote both conditional cooperation and competition (i.e., the lottery and the all‐pay auct...
| Publicado en: | Economic Inquiry Vol. 56; no. 3; pp. 1562 - 1585 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jul2018
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |