タイトル(掲載誌)Institute of Social and Economic Research Discussion Papers
一般注記Economic experiments conducted in laboratories employing an induced-valuesmethodology can report on allocative efficiencies observed. This methodology is limited byrequiring the experimenter to know subjects' motivations, an impossibility in fieldexperiments. Allocative efficiency implies a hypothetical costless aftermarket would beinactive. An outcome of an allocation mechanism is herein defined to be behaviorally efficient ifan appropriate aftermarket is actually appended to the allocation mechanism and at most anegligible aggregate size of mutually beneficial gains is observed on the aftermarket.Methodological requirements for observation of behavioral efficiency or inefficiency are putforward. A simple field demonstration indicates when an increase in public good output cancover marginal cost in a mutually beneficial decentralization, without knowing valuations.Several empirical issues that arise with the methodology are noted.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)