Previous research indicates that risky and uncertain marginal returns from a public good lower contributions significantly. This paper presents experimental results showing that this effect depends on the employed parameterization.
Voluntary contributions with risky and uncertain marginal returns: the importance of the parameter values
Levati, Maria Vittoria;
2013-01-01
Abstract
Previous research indicates that risky and uncertain marginal returns from a public good lower contributions significantly. This paper presents experimental results showing that this effect depends on the employed parameterization.
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