报告题目：ASSURANCE CONTRACTS IN THRESHOLD PUBLIC GOODS PROVISION
时间：2017年6月9日（星期五）中午12：30-13：30
地点：管理学院874教室
报告摘要：This paper studies private provision of a discrete public good using provision point mechanism by assuming the social planner has the ability to set up an "assurance contract" in case of provision failure. Our research is motivated by the positive prospects of dominant assurance contract (Tabarrok, 1998) to address the increasing popularity of using voluntary contribution mechanism to fund public projects. We modify the existing assurance contract format by including a minimum price (MP) and an assurance payment (AP); a player will receive a compensation AP if she is willing to contribute above MP in case of provision failure.
Theoretically, we find assurance payment significantly eliminates non-provision equilibria, and reduces the multiplicity of provision equilibria suffered by most discrete public good provision games. Experimentally, we examine a set of assurance payment schemes for both one unit using provision point mechanism (PPM) and multi-unit public good provision using individualized price auction (IPA). The assurance payment significantly increases provision point rate, both in the one-unit and the multiple-unit setting. Our proposed mechanism could be useful in establishing markets for a previously non-marketable good, and thus improve the efficiency regarding the provision of various types of public good currently funded only by government or through traditional non-profit donations.
报告人：李智
报告人简介：李智，2015年获得美国华盛顿大学（西雅图）经济学博士，后加盟厦门大学经济学院，任经济学院财政系、WISE双聘助理教授。主要研究领域为博弈论、实验经济学、资源与环境经济学等。
有意参加报告的师生请通过电子邮件报名，报名截止于6月9日上午9点。报名邮箱：zhifengxie@mail.xjtu.edu.cn。
青年教师跨学科论坛以午餐会的形式每两周举办一次（根据需要可以加场），常设地点为文管大楼874教室。论坛以人文社科青年教师为主，同时欢迎和邀请其他学科青年教师积极参加，针对跨学科问题进行报告和评论。
有兴趣作报告的老师可通过社会科学处报名，联系人：谢志锋，电话：82663931，邮箱：zhifengxie@mail.xjtu.edu.cn。
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2017年6月5日
