On Modeling Voluntary Contributions to Public Goods

36 Pages Posted: 31 Mar 2007

See all articles by James C. Cox

James C. Cox

Georgia State University - Department of Economics

Vjollca Sadiraj

Georgia State University - Department of Economics

Date Written: October 4, 2006

Abstract

This paper addresses four stylized facts that summarize data from experimental studies of voluntary contributions to provision of public goods. Theoretical propositions and testable hypotheses for voluntary contributions are derived from two models of social preferences, the inequity aversion model and the egocentric other-regarding preferences model. We find that the egocentric other-regarding preferences model with classical regularity properties can better account for the stylized facts that the inequity aversion model with non-classical properties.

Keywords: Voluntary contributions, public goods, social preferences, experiments

JEL Classification: C70, C91, D64, H41

Suggested Citation

Cox, James C. and Sadiraj, Vjollca, On Modeling Voluntary Contributions to Public Goods (October 4, 2006). Andrew Young School of Policy Studies Research Paper Series No. 07-08, Available at SSRN: https://ssrn.com/abstract=975944 or http://dx.doi.org/10.2139/ssrn.975944

James C. Cox (Contact Author)

Georgia State University - Department of Economics ( email )

P.O. Box 3992
Atlanta, GA 30302-3992
United States
404-651-8888 (Phone)
404-651-0425 (Fax)

Vjollca Sadiraj

Georgia State University - Department of Economics ( email )

P.O. Box 3992
Atlanta, GA 30302-3992
United States

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