Learning and Incentive-Compatible Mechanisms for Public Goods Provision: An Experimental Study

Journal of Political Economy

Volumn 106, Issue 3, 1998, Pages 633-662

  Chen, Yan ^a   Tang, Fang Fang ^b  

^a UNIVERSITY OF MICHIGAN   (United States)

^b UNIVERSITY OF BONN   (Germany)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0000017298     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/250024     Document Type: Article

References (32)

1. Bagnoli, Mark, and Lipman, Barton L. "Provision of Public Goods: Fully Implementing the Core through Private Contributions." Rev. Econ. Studies 56 (October 1989): 583-601.
2. Bergstrom, Theodore C.; Simon, Carl P.; and Titus, Charles J. "Counting Groves-Ledyard Equilibria via Degree Theory." J. Math. Econ. 12 (October 1983): 167-84.
3. Bush, Robert P., and Mosteller, Frederick. Stochastic Models for Learning. New York: Wiley, 1955.
4. Chen, Yan, and Plott, Charles. "The Groves-Ledyard Mechanism: An Experimental Study of Institutional Design." J. Public Econ. 59 (March 1996): 335-64.
5. Cheung, Yin-Wong, and Friedman, Daniel. "Individual Learning in Games: Some Laboratory Results." Manuscript. Santa Cruz: Univ. California, Dept. Econ., 1995.
6. Crawford, Vincent P. "Adaptive Dynamics in Coordination Games." Econometrica 63 (January 1995): 103-43.
7. Erev, Ido, and Roth, Alvin. "Modeling How People Play Games: Reinforcement Learning in Experimental Games with Unique, Mixed Strategy Equilibria." A.E.R. (in press).
8. Fudenberg, Drew, and Levine, David. "Theory of Learning in Games." Manuscript. Los Angeles: Univ. California, Dept. Econ., 1996.
9. Green, Jerry, and Laffont, Jean-Jacques. "Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods." Econometrica 45 (March 1977): 427-38.
10. Groves, Theodore, and Ledyard, John O. "Optimal Allocation of Public Goods: A Solution to the 'Free Rider' Problem." Econometrica 45 (May 1977): 783-809.
11. Harstad, Ronald M., and Marrese, Michael. "Behavioral Explanations of Efficient Public Good Allocations." J. Public Econ. 19 (December 1982): 367-83.
12. Hurwicz, Leonid. "On Informationally Decentralized Systems." In Decision and Organization: A Volume in Honor of Jacob Marschak, edited by C. B. McGuire and Roy Radner. Amsterdam: North-Holland, 1972.
13. _. "Outcome Functions Yielding Walrasian and Lindahl Allocations at Nash Equilibrium Points." Rev. Econ. Studies 46 (April 1979): 217-25.
14. Jackson, Matthew O., and Moulin, Herve. "Implementing a Public Project and Distributing Its Cost." J. Econ. Theory 57 (June 1992): 125-40.
15. Kim, Taesung. "On the Nonexistence of a Stable Nash Mechanism Implementing Lindahl Allocations." Manuscript. Minneapolis: Univ. Minnesota, Dept. Econ., 1986.
16. Ledyard, John O. "Public Goods: A Survey of Experimental Research." In Handbook of Experimental Economics, edited by John H. Kagel and Alvin E. Roth. Princeton, N.J.: Princeton Univ. Press, 1995.
17. McFadden, Daniel L. "Econometric Analysis of Qualitative Response Models." In Handbook of Econometrics, vol. 2, edited by Zvi Griliches and Michael D. Intriligator. Amsterdam: North-Holland, 1984.
18. McKelvey, Richard D., and Palfrey, Thomas R. "Quantal Response Equilibria for Normal Form Games." Games and Econ. Behavior 10 (July 1995): 6-38.
19. Milgrom, Paul, and Roberts, John. "Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities." Econometrica 58 (November 1990): 1255-77.
20. Mookherjee, Dilip, and Sopher, Barry. "Learning and Decision Costs in Experimental Constant Sum Games." Manuscript. New Brunswick, N.J.: Rutgers Univ., Dept. Econ., 1996.
21. Muench, Thomas, and Walker, Mark. "Are Groves-Ledyard Equilibria Attainable?" Rev. Econ. Studies 50 (April 1983): 393-96.
22. Roberts, John. "Incentives in Planning Procedures for the Provision of Public Goods." Rev. Econ. Studies 46 (April 1979): 283-92.
23. Roth, Alvin E., and Erev, Ido. "Learning in Extensive-Form Games: Experimental Data and Simple Dynamic Models in the Intermediate Term." Games and Econ. Behavior 8 (January 1995): 164-212.
24. Roth, Alvin E.; Prasnikar, Vesna; Okuno-Fujiwara, Misahiro; and Zamir, Shmuel. "Bargaining and Market Behavior in Jerusalem, Ljubljana, Pittsburgh, and Tokyo: An Experimental Study." A.E.R. 81 (December 1991): 1068-95.
25. Selten, Reinhard. "Axiomatic Characterization of the Quadratic Scoring Rule." Manuscript. Bonn: Univ. Bonn, Dept. Econ., 1995.
26. Siegel, Sidney, and Castellan, N. John, Jr. Nonparametric Statistics for the Behavioral Sciences. 2d ed. New York: McGraw-Hill, 1988.
27. Smith, Vernon L. "Incentive Compatible Experimental Processes for the Provision of Public Goods." In Research in Experimental Economics, vol. 1, edited by Vernon L. Smith. Greenwich, Conn.: JAI, 1979.
28. _. "Experimental Economics: Behavioral Lessons for Microeconomic Theory and Applications." Nancy L. Schwartz Memorial Lecture. Evanston, Ill.: Northwestern Univ., Kellogg Grad. School Management, 1990.
29. Tang, Fang-Fang. Anticipatory Learning in Two-Person Games: An Experimental Study. Lecture Notes in Mathematical and Economic Systems. Berlin: Springer-Verlag, 1998 (in press).
30. Walker, Mark. "On the Nonexistence of a Dominant Strategy Mechanism for Making Optimal Public Decisions." Econometrica 48 (September 1980): 1521-40.
31. _. "A Simple Incentive Compatible Scheme for Attaining Lindahl Allocations." Econometrica 49 (January 1981): 65-71.
32. Yates, Frank. Judgement and Decision Making. Englewood Cliffs, N.J.: Prentice-Hall, 1990.