Interior collective optimum in a volontary contribution to a public-goods game : an experimental approach
We run a public goods experiment with four different treatments. The payoff function is chosen such that the Nash equilibrium (NE) and the collective optimum (CO) are both in the interior of the strategy space. We test the effect of varying the level of the collective optimum on contributions. The results show that contributions increase with the level of the CO.
|Date of creation:||23 Mar 2004|
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|Note:||Type of Document - pdf; pages: 17. An experimental paper on public goods|
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