Files

Abstract

We report a two-year field experiment that solicited residents of Jamestown, Rhode Island, USA, to contribute funds to support contracts with farmers willing to provide a portfolio of public goods associated with improving the nesting success of grassland birds, particularly the Bobolink. A direct-mail marketing experiment collected funds through four provision point, money-back guarantee mechanisms: a voluntary contribution mechanism with a proportional rebate; a pivotal mechanism based on the Clarke tax; and two novel uniform price auction mechanisms. Valuation estimates recovered from the voluntary contribution mechanism approached that of the pivotal mechanism, with one uniform price auction falling lower.

Details

PDF

Statistics

from
to
Export
Download Full History