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Author:Rondeau, D.
Poe, G.L.
Schulze, W.D.
Title:VCM or PPM? A comparison of the performance of two voluntary public goods mechanisms
Journal:Journal of Public Economics
2005 : AUG, VOL. 89:8, p. 1581-1592
Index terms:Efficiency
Fund-raising
Public goods
Language:eng
Abstract:This article compares two of the most used mechanisms in fund-raising: the Voluntary Contribution Mechanism (VCM) and the Provision Point Mechanism (PPM). The authors estimate the relative efficiency of the two mechanisms and provide analyses of public goods experimental data. The PPM is found to be generally more efficient than the VCM.
SCIMA record nr: 259466
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