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Efficiency in a forced contribution threshold public good game

Author

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  • Edward Cartwright

    () (University of Kent)

  • Anna Stepanova

    () (University of Kent)

Abstract

Abstract We contrast and compare three ways of predicting efficiency in a forced contribution threshold public good game. The three alternatives are based on ordinal potential, quantal response and impulse balance theory. We report an experiment designed to test the respective predictions and find that impulse balance gives the best predictions. A simple expression detailing when enforced contributions result in high or low efficiency is provided.

Suggested Citation

  • Edward Cartwright & Anna Stepanova, 2017. "Efficiency in a forced contribution threshold public good game," International Journal of Game Theory, Springer;Game Theory Society, vol. 46(4), pages 1163-1191, November.
  • Handle: RePEc:spr:jogath:v:46:y:2017:i:4:d:10.1007_s00182-017-0570-1
    DOI: 10.1007/s00182-017-0570-1
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    More about this item

    Keywords

    Public good; Threshold; Impulse balance theory; Quantal response; Forced contribution; Ordinal potential;

    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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