Privately Contributing to Public Goods over Time - An Experimental Study -
Similar 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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- Urs Fischbacher & Simon Gaechter & Ernst Fehr, .
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IEW - Working Papers
016, Institute for Empirical Research in Economics - University of Zurich.
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- Roberto Burlando & John Hey, .
"Do Anglo-Saxons Free-Ride More?,"
95/37, Department of Economics, University of York.
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- M. Vittoria Levati & Tibor Neugebauer, 2004.
"An Application of the English Clock Market Mechanism to Public Goods Games,"
Springer, vol. 7(2), pages 153-169, 06.
- Maria Vittoria Levati & Tibor Neugebauer, 2001. "An Application of the English Clock Market Mechanism to Public Goods Games," Papers on Strategic Interaction 2001-04, Max Planck Institute of Economics, Strategic Interaction Group.
- Keser, Claudia & van Winden, Frans, 2000. " Conditional Cooperation and Voluntary Contributions to Public Goods," Scandinavian Journal of Economics, Wiley Blackwell, vol. 102(1), pages 23-39, March.
- Weimann, Joachim, 1994. "Individual behaviour in a free riding experiment," Journal of Public Economics, Elsevier, vol. 54(2), pages 185-200, June.
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- Croson, Rachel T. A., 1996. "Partners and strangers revisited," Economics Letters, Elsevier, vol. 53(1), pages 25-32, October.
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