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Threshold public good games and impulse balance theory

Author

Listed:
  • Federica Alberti

    (Max Planck Institute of Economics, Strategic Interaction Group, Jena)

  • Edward J. Cartwright

    (School of Economics, University of Kent, Canterbury)

  • Anna Stepanova

    (School of Economics, University of Kent, Canterbury)

Abstract

We propose and develop a model of behavior in threshold public good games. The model draws on learning direction theory and impulse balance theory. We find good support for the model and demonstrate that it can explain the success rates observed in threshold public good experiments. The model is applied in a variety of dierent settings : we compare games with a full refund to those with no refund, consider changes in relative endowment, and consider changes in the step return and net reward.

Suggested Citation

  • Federica Alberti & Edward J. Cartwright & Anna Stepanova, 2012. "Threshold public good games and impulse balance theory," Jena Economics Research Papers 2011-062, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2011-062
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    File URL: https://oweb.b67.uni-jena.de/Papers/jerp2011/wp_2011_062.pdf
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    References listed on IDEAS

    as
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    Cited by:

    1. Federica Alberti & Edward J. Cartwright, 2016. "Full agreement and the provision of threshold public goods," Public Choice, Springer, vol. 166(1), pages 205-233, January.

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    More about this item

    Keywords

    Public good; threshold; learning direction theory; impulse balance theory; counterfactual thinking;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior

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