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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. |
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