Crowdfunding conservation (and other public goods)

Autor: Erik Ansink, Mark Koetse, Jetske Bouma, Dominic Hauck, Daan van Soest
Přispěvatelé: Department of Economics, Research Group: Economics, Tilburg Sustainability Center, Spatial Economics, Environmental Economics
Jazyk: angličtina
Rok vydání: 2022
Předmět:
Zdroj: Ansink, E, Koetse, M, Bouma, J, Hauck, D & van Soest, D 2022, ' Crowdfunding conservation (and other public goods) ', Journal of the Association of Environmental and Resource Economists, vol. 9, no. 3, pp. 565-602 . https://doi.org/10.1086/718280
Journal of the Association of Environmental and Resource Economists, 9(3), 565-602. University of Chicago Press
ISSN: 2333-5963
2333-5955
Popis: Crowdfunding has become an increasingly popular means to fund the provision of public goods and especially of nature conservation projects. We implement a lab-in-the-field experiment by setting up a web-based user interface, very similar to actual crowdfunding platforms, to test whether coordination mechanisms, like seed money and decoy projects, can increase the effectiveness of crowdfunding campaigns if multiple public goods projects are eligible for funding. We find some of our treatments to affect coordination especially via early contributions, but not always in an intuitive way. Our results are confirmed in a follow-up experiment with actual nature conservation projects.
Databáze: OpenAIRE