Parallelism in the Lab and the Field: Testing Robustness of the Minimum‐Contributing‐Set Mechanism |
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Authors: | Steven Stewart,Michael McKee,Robert P. Berrens,Alok K. Bohara,& David Brookshire |
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Affiliation: | University of Tennessee, USA,;University of New Mexico and Georgia State University, USA,;University of New Mexico, USA |
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Abstract: | Efforts to "test" public‐goods provision mechanisms in field settings encounter a fundamental obstacle: investigators cannot determine whether the aggregate valuation of the public good exceeds the cost. Experimental laboratory settings can fix the provision of the public good to be efficient. This allows investigation of the performance of the mechanism under potential field settings. This paper reports the results of a set of laboratory experiments designed to test the robustness of the minimum‐contributing‐set (MCS) mechanism to field conditions. The reported results support further use and investigation of the MCS mechanism for the provision of step‐level public goods. |
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