Behaviour in a Two-Stage Public Goods Experiment
In a two-stage public goods experiment, we study the effect that subjects’ possibility of contributing to a public good in the first stage of the game has on the voluntary contributions to the second public good. Our results show that subjects do not follow either the Nash strategy or the Pareto efficient strategy and that they perceive the two public goods as substitutes.
|Date of creation:||May 2005|
|Date of revision:||May 2005|
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