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| Author: | Morgan, J. Sefton, M. |
| Title: | Funding public goods wiht lotteries: experimental evidence |
| Journal: | Review of Economic Studies
2000 : VOL. 67:4(233), p. 785-810 |
| Index terms: | Lotteries Public goods |
| Language: | eng |
| Abstract: | The authors conduct a laboratory investigation of a model that predicts risk-neutral expected utility maximizers will participate in lotteries when they recognize that lotteries are being used to finance public goods. As predicted by the model, they find that public goods provision is higher when financed by lottery proceeds than when financed by voluntary contributions. |
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