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.

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Year of publication:	2005-05
Authors:	Castro, Massimo Finocchiaro
Institutions:	Department of Economics, Royal Holloway University of London
Subject:	public goods \| experiments \| voluntary provision

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Extent:	application/pdf
Series:	Royal Holloway, University of London: Discussion Papers in Economics.
Type of publication:	Book / Working Paper
Notes:	Number 05/05 15 pages
Classification:	A13 - Relation of Economics to Social Values ; H41 - Public Goods ; C92 - Laboratory; Group Behavior
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005652691