Privately Contributing to Public Goods over Time - An Experimental Study -
AbstractSimilar to Levati and Neugebauer (2001), a clock is used by which participants can vary their individual contributions for voluntarily providing a public good. As time goes by, participants either in(de)crease their contribution gradually or keep it constant. Groups of two poorly and two richly endowed participants encounter repeatedly the weakest link-, the usual average contribution- and the best shot-technology of public good provision in a within subject-design. Some striking findings are that the weakest link-technology fares much better than the other two technologies in terms of welfare, and that the willingness of people to voluntarily contribute is greatly a®ected by the (increasing or decreasing) clock mechanism.
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Bibliographic InfoPaper provided by Max Planck Institute of Economics, Strategic Interaction Group in its series Papers on Strategic Interaction with number 2002-01.
Length: 37 pages
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Other versions of this item:
- Güth, Werner & Levati, Maria Vittoria & Stiehler, Andreas, 2002. "Privately contributing to public goods over time: An experimental study," SFB 373 Discussion Papers 2002,18, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- D44 - Microeconomics - - Market Structure and Pricing - - - Auctions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-05-03 (All new papers)
- NEP-EXP-2002-05-03 (Experimental Economics)
- NEP-PBE-2002-05-03 (Public Economics)
- NEP-PUB-2002-05-03 (Public Finance)
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