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Testing Ten Stylized Facts About Public Goods Games. A Large-Scale Replication Using Classroom Data

Author

Listed:
  • Marcus Giamattei

    (Frankfurt School of Finance and Management)

  • Pierfrancesco Alaimo di Loro

    (LUMSA University, Rome, Italy; HURfuture Research Center)

  • Matteo Rizzolli

    (GEPLI Department, LUMSA University, Rome, Italy; HURfuture Research Center)

  • Stefan Voigt

    (Hamburg University)

Abstract

We test the replicability of ten stylized facts about voluntary contributions to public goods using a large crowd-sourced dataset of classroom experiments on the classEx platform. Our sample comprises 81,391 contribution decisions by 10,891 players across 377 sessions in 16 countries (2019-2025). Five facts replicate: initial contributions above Nash (37.6% of endowment), non-zero final-round contributions (38.7%), conditional cooperation as the modal behavioral type, imperfect matching, and cross-country heterogeneity. One is partially confirmed (a modest end-game effect) and one is weakly supported (a positive MPCR effect, sensitive to country fixed effects). Three do not replicate. Contributions follow a hump-shaped trajectory - rising through round 5, plateauing, then gently declining - rather than the canonical decline. Only 34.4% of players free-ride in the final round (vs. the laboratory benchmark of over 70%), while a substantial minority (22.1%) sustain full cooperation. Societal indicators do not predict country-level cooperation, partly because cross-country variation explains only 0.8% of individual contribution variance - an order of magnitude less than organization-level heterogeneity (6.8%). Taken together, the canonical behavioral building blocks of the public goods game reproduce in the classroom, whereas several of its dynamic and cross-country regularities - most notably the absence of the canonical decline - do not. (Includes Online Appendix with experimental interface and additional figures.)

Suggested Citation

  • Marcus Giamattei & Pierfrancesco Alaimo di Loro & Matteo Rizzolli & Stefan Voigt, 2026. "Testing Ten Stylized Facts About Public Goods Games. A Large-Scale Replication Using Classroom Data," HURfuture Working Papers wphurf05, HURfuture - Human Relations for the Future Research Center.
  • Handle: RePEc:lsa:wphurf:wphurf05
    Note: Author order is certified random, as described by Ray and Robson (2018); see https://www.aeaweb.org/journals/random-author-order.
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    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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